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it was inflation or the entire S&P. What would you do. One battle at a time.

Yea it is. Nice find. The market does ridiculous things. I always think its funny on financial shows and networks they always say the market is up or down and then cite some reasoning behind it, as if its always rational :p

Good job! About this, what's the p/e on them? I think the same thing sometimes and then I remember that the actual price is arbitrary since they may have a smaller or larger float.

Great explanations. Like it was said, its all very subjective based on time frames, but I just wanted to get an idea of what most people consider I nice trend day. Thanks

So it seems like I may have stumbled upon a way to identify RET producing trends while they still have a good amount of RETs left in them. So far so good. Still more testing to do. I spent most of the day doing calculations and when I went back and looked they had no consistency in identifying...

I could google it, but I want to know what other people think it means. Technically if the price closes any different than it opens, it could be considered a "trend" day. Or maybe the trend is clear all day long, i.e. the market is moving in a tight range with an upward or downward bias...

Also, they weren't democracies. They were republics. It was setup for a small population too I believe.

So despite all today's testing, everything was for nothing. Blah. I'm open to any suggestions on PA used to identify a trend and verifying the strength of it. Trend lines alone didn't work, neither did supply/demand lines or the channels created by them. . I have a few other things to try...

As much as I hate to agree with traderzones and THIS guy..:) haha THEY ARE RIGHT. Price action is king.

I understand what you mean about using a longer time frame chart so you can see the forest through the trees, but that chart (the large one) is confusing to me. Price hits the R level and bounces off one time, but it also bounced off of other areas that could be considered potential R. So you...

:D good post

I don't think small gov is the cause per se, I think small gov is necessary until something like this happens. The gov had to drop interest rates to save over leveraged and under capitalized companies, who in turn affected good companies, which in turn affected everyday people. What the...

its major function isn't to shuffle paper. Do you really think that? By your logic we could do fine without any sort of government, I doubt that would work very well. Im all for small government. I like them staying out of my life and I do think the markets shold be left alone. However when...

its amazing that you all still think SMALLER government is whats needed right now. Usually I would agree, but not now.

Probably because de-regulation and just letting the free markets "do their thing" has been a huge factor in this mess.

Thats always the plan :)

my email is jonbig04@gmail.com I'm down for whatever. Jamesgsx doesn't get on ET very much anymore I dont think, but I can get in touch with him and Im sure he'd be down as well.

I only spent about 2 or so hours today on my system. I was kinda burned out. My brain was fried and I was making stupid mistakes. I gave it a rest for the remainder of the day, but will be back at it tomorrow. For some reason I can go fine with no sleep for a day, but getting 4 hours a...

Thanks, and you.

Hey increase, Im doing neither. Paper trading did teach me a few lessons, but over all was pretty pointless after I learned a lot of initial lessons. This is because I wasn't working my way towards a solid plan. If I'm not testing and designing a plan, whats the point of trading? Defining...