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what is your take on gold here?

I will chime in here, wave has spoken over the years about the 800 pound gorilla. The old joke is where does an 800 pound gorilla sit? wherever it wants. The 800 pd gorilla is the fed and other central banks. Acting in unison no one can beat their hand. Underneath is sovereign wealth funds...

gld

gold just ripping today wow!:)

not sure he did not post actual levels but how he approached it. This may be helpful to some. http://www.mypivots.com/articles/articles.aspx?artnum=11

If it makes you feel any better I took a swing trade off yesterday. The thing is I did the right thing. Greed or shoulda woulda coulda will make you do some stupid shit. Please don't get into that habit. Another great trade is coming, don't even worry about it. :)

looks like a weekly reversal in NG natural gas. You can look at UNG as well. Mav can say risk ONN!

ok so there was a poster here a while ago named spectre2007. He posted a lot and people gave him shit about it and he left. On one of the fed days he laddered buystops all the way up, after the announcement the mkt did its usual dance then screamed up. No doubt he made a fortune, some of the...

yep!

I only have public info I have no idea what the deal is here. He has been in jail for a while though and looks like he took a beating as well. Throw me a skeleton......:)

what's the over under on this guy being found guilty, makes me wonder while others steal billions and nothing is done: Prosecutors say Stanford used money from the sale of the CDs, which were sold to clients from more than 100 countries, to pay off those purchased earlier once they matured...

if you are honest the binaryness (is that a word) of earnings plays will kill you. I would say on balance market makers have won vs retail when it comes to earnings plays due to vol collapse.

I told you to trade the QQQ less risk take a look at the after hours chart of QQQ, by the way I have been giving this trade out for years.

its a beast, my only advice is if you are gonna trade options don't trade front month too much vol collapse, although they will pay off here, vol is way too pumped, back to the salt mines.

I figured by the time I posted this Mav would have arbed out all the profits.

Ford Warrants: The terms of the warrants are as follows: Each warrant is exercisable into one share of Ford. The warrants expire on Dec. 31, 2012 The strike price is $9.20. In other words, should you exercise the warrants, you will have to pay an additional $9.20 for each share of Ford...

aapl, yahoo amd on deck to report so I expect quiet till then. You can scalp the QQQ after aapl reports. They usually report late though. :)

based on your definition here the mkt made an A up. In the book he says if an A up is made you "would establish a long postion/bias". I think it depends on how strong you feel about the move. To me the move in crude was strong off the open, so I would have taken the trade based on price action...

what was your timeframe on the failed a down. Dom993 mentioned like 4 frames. I think he was using the daily a down as a reference and possibly trying to enter on a lower frame like ten minutes, that is fine as long as you know the uncle point otherwise a recipe for disaster. Mav has said...

it looks like you are mixing time frames. If you're opening range is 45 minutes then you want to take the average true range for that time frame. You are trying to discern what the range is over time for the 45 minute blocks of time to create a ups or downs. Looks like oil broke up right out of...