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Just so you know. This relates to some of my past comments about thinking clearly. I don't suggest that the cash leads or lags. I suggest instead that the cash "sets a floor and a ceiling on how the futures move" That is quite different from saying that the cash leads (or lags). Thats...

Hello Frankly this little patch of paradise isn't high on my "list of things to worry about". Does seem however that it is important enough that you have devoted a yourself to creating a "cast of thousands" to populate your fantasy world.

Been thinking about it and I have to say I have changed my mind. I now believe that it is a good thing, that there is a thread like this especially for folks who are a couple of sandwiches short of a picnic. You can play here, pretending that you know something about trading, or that you...

Well, I can't go there with you today. But Here are some ideas for those who want to do some number crunching 1. Put some market bellweathers on your screen, looking for volume at the bid, or just volume in 1 min increments. If possible you would like to have a screen that tells you...

Of course they are. You are talking to Marketsurfer, Alias "thunder in my shorts"...

I am sure this will be a sitcom in the next season, probably on NBC. Another idea might be a Muslim terrorist who is so clutzy that he is always blowing up his home, garage, car, etc. Question: If a gay muslim terrorist dies in combat, are there a bunch of gay virgins waiting for him in...

Thanks, my good deed for the day. Just trying to see if we can get Marketsurfer (and his alias "Thunder in my shorts") into the black. Otherwise we will have to endure more book sales and charity auctions lol. Good luck everyone on Monday and throughout the summer. Steve

So a couple of things relating to the subjec of the thread. First it is obvious you need a context in which to operate. Second, you have to decide on an appropriate range from which to breakout Third, you have to remember that this is summer season. So the market is going to behave...

Last chart using 5 min candles Just a closer look at the action. What most retail and newbies are looking at as they trade. If you notice where we ended up, you can see that (as often happens with indexes) price cycles back to the area of the open The LRC in these charts is sized to 2...

Okay and here is the same data using 15 min candles I think the chart is pretty self explanatory. You have an initial move down (fake out) and all the retail trade bites on this hook. Then the countermove as the maket washes them out. They cover their shorts and are "stranded" as the...

Here is another chart of the same market using 60 min candles You can see that the market opened and immediately tested previous support (long stem candle just to the left). You had the rally up and then two failure candles, which represent 2 hours during which the market could not break to...

Hey I think what is lacking for some of your folks is an appropriate context in which to view the action. Its pretty clear to me, that whatever method you use, it doesn't give you any psychological support in your decision making process. So essentially you are lost and guessing. Here is a...

Inexperience Lack of education Lack of maturity This is pretty much why newbies do not make money. The environment is too complex to be taken in quickly. What money a newbies might have is too quickly lost, either through a mistake in judgement or simple keystroke error. As to lack...

Check out the Anti-Jack Thread. Given the opportunity to correspond with a real human, the thread originator prefers to construct a fantasy world and to have a dialogue with himself. Steve

I noticed that the "Anti-Jack" thread had all the characteristics of a drive by shooting. Like a teenager aching to fire a gun for the first time, you ignorant folks post a pseudo test, make a few derogatory comments and flee the scene. Asking the mod to close the thread brings your act to a...

Ah yes Market surfer bunny Exodus Hank Rollins Thunder in my ass Schmuck in the valley and several other alias's Always room for one more idiot in the village Line up over there would you? I will be right back and wipe your nose.

You might try "The Market Maker's Edge" by Joshua Lukeman. Steve

Sorry boys, just wanted to kick a little ass, and you are the village idiots as far as I can see. As to my mouth hosebag, I care not whether you like my vocabulary. And your sub-human friends and fellow posters can take their sentiments, fold them five ways and shove them into a specific...

I think the odds are pretty good that most of you don't actually trade, or if you do trade you don't make a living doing it, yet you are quick to trash Jack. I notice that Spydertrader has posted his won/lost record and it looks pretty decent. So I guess when I read your crap (and most or...

Do you mean instead of learning to trade yourself? or in addition to your own trading as a means of diversification. Steve