Agreed 100%
Excellent point my friend.
The fact of the matter is that this guy was objective enough to see that he had to change his trading style ( and risk management ) given the change in market environment and where he was in his trading career . . . Apparently, he has bee successful at...
Exactly.
These are the exact SAME remarks that he made when the Fed stepped in with JP Morgan to support Bear Stearns . . . saying that the market would have ( and should have ) been "a lot lower" if it hadn't been for the FED.
Blah, blah, blah . . .
Crying like a 2-year old that just had...
The ANSWER is that he doesn't TRADE.
He missed the entire 175 handle move off of the March lows in the SPX. All he did was "cut and paste" one post after another here on ET that would support his BEARISH BIAS . . . rationalizing why he couldn't pull the "trigger".
If he did actually put...
Use the SEARCH function for this Forum.
There were several posts with links that compared the power of the latest INTEL DUEO-CORE and QUAD-CORE processors.
A little longer term perspective from a buddy of mine . . .
" - - - This suggests then that once that is current pattern is completed that a resumption of the uptrend will unfold with two basic probabilities.
The length of the rally that has unfolded since the lows in March at the...
There is no doubt an increased amount of "specs" that are playing in this market.
That can be confirmed by the COT reports, year over year.
That having been said, I have never been too fond of "conspiracy" theories ( in regards to a global commodity such as Crude Oil ) because the global...
A possible "catalyst" for the "Bubble" in crude . . . would be the ICE; an unregulated OTC electronic market for Brent and WTI Crude that has no position limits ( read: zero transparency/scrutiny ) and was allowed ( by the CFTC ) back in January of 2006 to allow U.S. based traders the opporunity...
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I believe that this would work fine in a Dell T3400 Precision...
Gnome,
I've had a brand new ACOM-DATA push-button external drive sitting on my desk for the last year and a half and have still yet to figure out how to use the DAMN thing!
I've read through the instructions on two occasions and the booklet "baffles" me to no end!
:(
Very possible.
But I will let the price action and the CHARTS tell me what is happening, rather than place some sort of preconceived bias or notion that the market has to go somewhere . . . I've been trading long enough to know that TRENDS have a tendency to stay in place for quite some time...
I think he's implying that listening to what OPEC says is kind of like sitting in front of CNBC all day long.
It really has no relation to MAKING $$$!
:D