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5/8/09: I would like to see some more selling in the indexes, but I have alot of stocks that are setting up for longs off the daily chart. May make it an interesting day today. Long watch: AAPL STX AKAM CMCSA CTSH HANS WYNN Short watch: PDCO PRU UNH With the gap up, I will probably key...

Each person's commission rate is different. But, I was talking about BEFORE commission, yes.

I think it is possible , yes....... My main thing is keeping drawdowns to a very low minimum. If I lose 5 trades in a row, that is only 1,000 taken from an account that is over 85,000. If I were trading a 10k account and lost 1k from it on 5 trades that may affect me emotionally. The main...

colinpip Registered: Mar 2009 Posts: 4 05-08-09 04:13 AM -------------------------------------------------------------------------------- .Do you wait for the "higher low" bar to complete and then you buy the violation of its high,or you buy the violation of next's bar...

Of course sudhaker, Just give me alittle more detail what you are looking for. Do youy mean why I pick a certain price? Or why I am actually picking the certain stock? Or why long or short?.......Just let me know.

hey sudhaker...... Have I mentioned today that YOU ROCK!!!

05-08-09 03:20 AM -------------------------------------------------------------------------------- Quote from AA48: Geez, let me see if I understand your last long play on DXD.The overall market is down today and DXD has gapped down but immidiately it starts to rally,according to...

AA48, Take a look on the daily chart of PSSI. This is getting very extended today, but instead of trying to pick a top (common rookie mistake), I wait for the 1st SELL signal I see. You are right regarding the lower high and the stop above that. Add into this the fact that the markets were...

You nailed it....exactly.

Ladies and Gentlemen.... An NYC siting! Thank You

Mad..care to go double or nothing she tries to get the pilot on the plane to call in a stop limit order for her when shes flying back?

5/7/09: Total P/L +1,106.18 4 trades 3 wins 1 b/e *there were questions about today's trading I will get to later. I have to finish up at work here first and then will talk about the trades from today.

EXIT SDS B/E within .02 of tgt

5/7/09: 2:34 800 SDS BUY 58.92 STOP 58.67 TGT 59.42

5/7/09: LATE POST: 1000 PSSI EXIT 16.66 P/L +274.86

5/7/09: 11:26 1000 PSSI SHORT 16.95 STOP 17.10 TGT 16.65 *partial fill

10:13 800 DXD EXIT 48.36 P/L +386.22

5/7/09: 10:03 800 DXD BUY 48.86 STOP 48.61 TGT 49.36

9:39 1000 FITB EXIT 5.98 P/L + 455.53