Search results

Covered a huge chunk into this selling..... Only 25% short here. Hopefully I will be able to short some more into a nice rally.

Today was the greatest volume in the history of SMH. Whether it was some type of hedging or not.. its still something to take note of. If u use something like OBV.. the indicator is going down the toilet. -MIKE

Just read this article....http://cbs.marketwatch.com/news/sto...%7D&siteid=mktw "Stock- and balanced funds attracted an estimated $60 billion in January, breaking the previous record of $56 billion in February 2000, investment research firm Strategic Insight reported." Wasnt Feb 2000...

Mistake.. today its actually 49%. I think the nasdaq is leading the market down.. and the S&P, DOW will follow... as opposed to what many believe is the opposite.

Just read this article....http://cbs.marketwatch.com/news/story.asp?guid=%7BE3512ADB%2D1BDF%2D4FC2%2D802C%2D79081D69F140%7D&siteid=mktw "Stock- and balanced funds attracted an estimated $60 billion in January, breaking the previous record of $56 billion in February 2000, investment research...

What type of trading do you do right now on your own? What type of trading did u do professionally? If u are still using the same methods as u did before then its more of a psychological issue. For that I would recommend getting the book " Trading in the Zone" by Mark Douglass. It deals with...

MECRO.. I hate to burst your bubble but not everyone here daytrades stocks for a living. Some people actually swing trade or build positions trades using futures or ETF's. The IWM was actually down 2 full points.. which is a nice move... asumming u are short. I wouldnt even put on a...

You hit the mark. That is excactly why I scale trade. I am not smart enough to predict each and every move.. but I have a bias which is based on many different factors that I base my trading on. In my experience by the time the market breaks its trendlines or MA the slippage increases, your...

I am not calling a crash.. never even said that word. I am not a super trader.. nor do i claim to be a guru. I am just trading for a living and have fun conversing on ET. You are right! when I will be a super trader and be moving millions of $ in the market I wont be posting my positions...

Tomorrow the eco# will probably influence the market mainly. The PPI and CPI are due before the bell.

Today the market tipped its hand for everyone to see. The range was huge and the profit potential was awesome assuming u played the right side. When u trade for a living u realize that when u ask for too much confirmation u end screwing up your risk to reward and occassioanly missing out on...

I am 50% short right now. Scaled a good chunk of my position into the selling. Any strength tomorrow will be shorted. The difference between a pro and piker is knowing when to fade them and knowing when to ride them. Being a one trick pony would of made you $ in 2003.. but not necessarily...

I cant believe some here makes these bold statements like anyone shorting into new highs is pissing in the winds. 100% Nonesense. Today the smart money was shorting or selling into the highs on ES. Sometimes its time to buy the new high and sometimes its time to short them. Right now its...

Obviously I agree. Not so say that I dont buy the dips when my bias changes to long. But regardless what others say I am continuing to short every rally and doing a scale cover into the dips.. and still maintain short. For example into this down spike i just covered 25% of my short under...

I am 100% short again.. tape is super weak.

Using TC2000.

go here... http://www.psychologyandmarkets.org/seminars/events/aspen_98/smith.html

According to my stats.. 60% of tradable stocks are above their 20ma.. but the ES and YM making new highs. I think theres a clear divergence.

Am I the only noticing this as of late?? Market churning higher on weaker volume.. big sellers coming into knock prices lower on the futures?? Semis come out with great news.. the rally is faded? Good news is getting sold into? Most stocks are starting to break down and there is no...

Keep on twising what I say.. and make this a pissing match... that is my last post to you.