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Yes we do it (arbitrage) in "shifts". I was assigned the late shift last month. My job is to find inefficiences and arb them out of existence. Until now we were all sworn to secrecy, however I am pissed off that I have to work this crappy shift, while the guys over at Goldman and...

yes

I'll pass, thanks Oh and by the way, we don't take kindly to spam here. You best find the exit and don't show up here again boy. People disappear when they spam here hosebag (sorry I meant to say "homeboy" but hosebag works just as well)... Alright then meatsack, if you need some...

Actually, I go wherever I "have to" to find a direction. For instance, I published a chart showing the weekly candles trading in a channel over the last couple years. That gives you a sense of where we are on that time frame. Then I move to successively shorter time frames, to the daily...

Finally we have a chart using 5 min candles I will point this out ONCE. I frame this data (price after all, is just data points) within a specialized channel called an LRC (linear regression channel). What you can see is that the channel contains all the price points and that the...

Here is a slightly different look at price using 60 min candles It is a little easier to see where support is on this time frame

Here are the charts I operate from as follows First the Daily chart showing my modified support lines What you might see on a chart like this is that this market has been consolidating for a while BUT inside this consolidation there have been several moves up, all of which have failed.

Yes of course I can:) I view the market in a specific context as follows; I believe that big players ("smart money", "institutional money", "hedge funds" etc) orient themselves to the markets in a very different way than short term speculators (including so called "dumb money", "noise...

Alright so actually you are relying on someone else's call. Is that supposed to be impressive? Lets see now, what is the trial period for the best market calls available to the public. Okay that would be a month at most, and probably 10 days max for the big brokerages. Alright then, I figure...

Hate to leave people hanging Above 1270 on the S&P, I figure we could continue north about 10 points Below 1256 on the S&P, I figure we are going to visit the area south of 1230 and on down to 1220. This market is "acting like" a bear market in that it shows sudden impulse moves up...

I haven't made up my mind as to the issue of "God" in trading. As far as Jesus (also known affectionately as "JJ") currently I am of the opinion that he was the illegitimate son of Joseph and one of the local dance hall tarts, a spicy little trollop named Mary Magdalene. Based on recent...

No he's not retarded. If he were, Barbara would have drowned him shortly after birth. He is just a person of limited intellect, whose father was a powerful man. If not for his father, today young George would probably have a job in someone's automotive repair facility doing oil changes. I...

Here's the daily chart showing the same support levels I realize some of you like to work with EMAs. Don't change on my account, but it does help to check out support/resistance levels on a couple of time frames. Good luck Steve

Geez folks, its really pretty simple Here is the weekly chart showing a channel that price has traded in for quite a while. Then I put in a horizontal line to show where previous resistance turned into current support.

Yes, Texas IS an ass-kicking place to live. Again my general rule is to make friends with the local sheriff. Then if you have to shoot someone, it is much easier to explain. "Sorry, my bad" or "Well Sheriff, I didn't kill no one that didn't need killin" :D

Fear of pulling the trigger means that you are unprepared, and you have no edge, simple as that. You need to pull back for a while and fix that deficit. Ask yourself, what do I need to do, to give me the confidence necessary to look forward to trading, instead of being fearful? Do I...

Saw this quote on the first post "I've been following this thread for some time. I'm not a scientist my self but I've always been interested science applied to crack the markets." ========================================== I was unaware that one could buy Crack on the exchange (futures...

I disagree about the attitude towards "Black on Black" crime. Older police (my experience only) do tend to have "opinions" about this based on their service. Younger police tend not to have any "attitude" and are simply doing their job. If a police officer approached a person doing as I...

Really it is not that simple. Israel backed by the US, will shortly invade Iraq. They will blow up the weapons and facilities across that country, decimating Iraq's army in the process. They will do this because it would be political suicide for Bush to send our troops there now. Depending on...

Here are a couple more comments just for the hell of it. First if you have a small calibre weapon, make sure to use subsonic loads. Although they don't have the knockdown power of a standard load, they also have less chance of providing a through and through wound, where the ammo then wounds...