Search results

Don't drink the kool-aid. Regards,

I was off by a day on the 500 call. The spreads are a lot tighter than Friday's - the sellers are giving-up their ground IMO. Heavy volume on the stock should make it collapse in the 2nd-half of the session. I'm not great on intra-day movement so I'll refrain from making those kind of calls...

It has open positions in the Mar, Sep and Jan contracts with variable strikes. It open/closes various positions depending on the movement of the inflection points within the chain. Though I won't disclose the financials I will say that as of this morning the account has tripled in net since...

update: All my short positions are still open. The system seems busy this morning. Regards,

Nope. The trades are longer term.(months) edit: I just looked at the tape again - up volume is very week. I doubt it will take out that 500 today - it looks like another bull-trap based on the price action. Regards,

Thanks grimey. Hope things have been well with you. Kind Regards,

That's incorrect. The reason I left a human element in the software is that the tape over the past few weeks caused me to let the software go on it. It was closer to 95/5. Read my posts days before they released earnings: I did not waffle once and have explained my rational for discussion...

I need some food... I was watching the goog tape and the spreads are wide - up and past $0.50 and the sellers are chasing it.

Internals are imploding. It will take out 500 today.

Over the years I have rarely agreed with your opinions - but on this we can agree. If it takes out 508-510 I expect selling volume to jump. My system is still running and I won't touch it - if things go bad it will email me with the alerts. Most of my day will be watching the tape and...

I don't know about 200 - but I do think it will hit 370 this year. 100% agree on the revenue issue. They have one stream of significant cash-flow: ads.

Good call - I think you will however get stopped out today. Most of the firms are ball-less, but I do expect 1-2 more downgrades in the coming weeks. Best Regards,

what's my name? :D

long-term pump-and-dump? I think emotions have a lot to do with it. Facts and data always win out in the end, but in the meantime, the talking heads saying how great on-line advertising is coupled with things like gmail, etc. fuled the fire. The fact is GMail is junky from an...

An inflection point is essentially an Algebraic Group representing the range of some of the algorithms. Yes, it looks at the greeks. No, it does not look at historical data. I made it take a bias(boolean) as an input because when I was swing trading I always lost my ass on the short side...

Simply put, it correlates price-action/volume of the equity with the action in the option chain for a specific time horizon. It attempts to identify what I call 'inflection points' in the chains and uses mutiple algorithms to confirm and exploit the action. The core is a general bias in the...

100% of one of the IB accounts. (~50k starting equity.) The system, however, writes calls and buys puts, so the risk is much higher then 50k, but it's managed risk. Kind Regards,

I'm not praying - prayer has no place in trading. I spent 18 months learning, testing, and developing carious trading algorithms and from day one they all started with risk management. If the system's see a tape they don't like, they shutdown for the session. Maybe that's playing it _too_...

Guess you can't then. I've done it a handful of times with my scottrade account, usually to the effect of limit orders that triggered but "should not have". The quicker you call them the more likely it is to happen. Regards,

Emotional? My systems are doing the trading, not me. My emotions hit the 'on' button. If the numbers aren't there, the trades won't execute. Period. Regards,