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That article was about nothig. Like Seinfeld show. The author had to write a few lines with the editor's gun pointing to his head.

aha:confused: I believe if you take Laplace Transform of the volatility and multiply it by the sqare root of Sharpe ratio, you get a better entry signal.

Just covered my short MCD at 87.80 with a hefty profit.

Consumer sentiment is dropping and with fiscal uncertainty (no matter we get a temp deal or not), should affect consumer semiconductor sector sales in the near future. Networking semi stocks might still do a little better like Altera and Xilinx. I expect the following stocks to underperform the...

Thanks for the link. I was not aware of that rule (law).

I have had multiple of similar cases during my trading years and I have entered the trades in a way that I believe is the right way. However I would like to know how you guys treat this in your tax return. I will tell you how I enter my trade in my tax a little bit later not to bias your mind...

I felt that my post might be interpreted differently. My point was that you should not follow those so called analysts on CNBC and ..... They know nothing. Those are the ones who have all the toos (hardware, info, news) and most of them lagging the market performance. If a retail investor with a...

If you think today (Thursday) was ugly, wait and see tomorrow. Tomorrow market might drop over 2%. Everyone is talking about "lots of money on the sideline". There is not such a money. People will start to take money out mutual funds and stocks and leave it in cash as the market accerates sell...

hehe

I have a Christmas present for most of analysts and some of Elite members specially senior ones. That is "SHAME ON YOU" that you could not see fiscal cliff is coming and there will be no resolution for that. It was soooo easy to predict that it won't happen. Put your foot in the house rep...

I covered JCP and shorting more of ADI. ADI is way way overvaled. Expect a big drop soon (maybe not today) but shorting it is money in the bank.

That is exactly what I predicted a week ago. IWM will go down 5% easily. I am long 28000 shares of TZA and have sold out of the money weekly covered call on them. http://www.elitetrader.com/vb/showthread.php?threadid=255713

I expect to cover at 19.90ish {not that I don't believe it won't go lower. Actually I see JCP around 15 in less than a couple of months}. Then do it again. Even if I cover at 20.20 and then short at 20.40 again, it would be better than doing nothing and just wait.

Also just shorted JCP at 20.70. This will be my last post in this thread. I am getting off subject!!

MCD is now trading at 88.48 below 88.50. Downtrend confirmed.

Market is up today (as of now 9:45 ET) a little just because oil sector is up. The other sectors such as restuarnats, retail,.... all should be down. I believe at close we might have a red S&P and DOW.

More clarifications: I don't put a stop loss in my trades. If it goes against me, I repair the trade. I don't give up. Here are my positions as of today: 1- Short MCD 2- Short ADI and short out of the money PUT 3- Long TZA and long out of the money covered call 4- Short way out of the...

They have agreed on nothing but both sides are still hopeful and say there is still a chance. It reminds me of one of my friends who owed me money and everytime time he mentioned that he owes me money but never paid. http://www.youtube.com/watch?v=TCKOI24k_UY

I trade options and equities and not forex. Just checked USD.JPY. You were way off on your prediction.

Your stop loss can be $91.2 as show on the chart a little above the recent high.