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I hate to sound like I'm advertising, but I was just at dell, and picked up 5 of the new 17" lcd monitors for the new pc I am having built. I was gonna go for the 15 inchers, but they are having a special 20% off sale on peripherals in one of those last minute make the quarter efforts I think...

I just use top 10 decliners list honestly, and I also scan for stocks making new 60 day lows. That usually finds 90% of them. My room finds the few I miss. Yes, volume is key. Climaxing volume indicates a short term capitulation. You have to be nimble though. These usually roll over after a week...

That yahoo club is a bitch to get into. Try it a few times and you'll get in. We're looking for a better place honestly. I don't use stochastics (not even sure what they are honestly). I just average into oversold stocks. I've been doing this for a year now. Basically it's a gut feel type thing...

This is now my third year, and yes I did build it more or less from scratch. My dad gave me 30k to start with, and I blew more than half of it before I started being profitable. I would never have shorted such oversold stocks. Those ones I named I bought on the close on thursday and sold near...

NYC was a great get together. Lets definately do another one at the convention in NYC in february. As for friday..... I don't really remember all the trades. FIC was sweet as an overnight from thursday. Azo wasn't bad either. The real moneymaker for me was itmn. I put my hands in that honeypot...

Come to my room. IT's on the yahoo clubs called elitetradinginaction.

Made 2700 today, 5th straight 5 figure week. I can buy for ya.

I just wanted to make one more post to get this into the active thread area for those who haven't seen it. I am also publicly offering to buy anyone from et their first drink of the night. I can afford it, and need to do celebrating with my fellow traders. '01 was a great year for me, and at...

I'll be there celebrating a great year. I hope plenty of people can come and have a few beers together and share some war stories.

I can tell you one thing. It will destroy the advantages that NYSE has over OTC trading. The liquidity will vanish. The specialist won't take a stance without solid size orders to lean on, and no one will post size. The size will be floor orders and only spoken orders at that. We will never be...

I'm sorry in advance if this is off topic.... I am rarely in NYC, but I am this year for the holidays. I was wondering if other traders wanted to get together after trading ends this friday for a happy hour type get together at some downtown bar. Maybe some time around 7pm or so. I know that...

That's perfect don. Absolutely perfect. I honestly have no aversion to size. I feel that is the reason that I was able to make over 200% so far this year (don't wanna jinx it with 1 day left you know). My starndard starting position is 1k shares. If I have a hunch I fire it off. Don is right, if...

can someone just make a summary of all the possible negatives of being mtm for the comming year. I really can't seem to find any major ones. I don't have many longer term trades, so I don't mind paying for their gain/loss as of dec 31/2001 (this year all my long terms are long terms b/c they are...

That's what I think also rob, I just need to talk to a pro first to make sure. My dad is having me talk to someone the family knows. He says that I don't want to be mtm for some reason.

PVN,PVN,PVN!!!! besides those, i have a list of a few interesting ones. Q,AES,CPN,AMCC,LU,AWE,F,FCEL,FON,MIR,SLR,RAD,U,UAL,EMC,KM,JDSU,AVCI,AVNX,ENE,OCCf (long occf now). Please add to my list. Don, thanx for adding this to the forum, I brought this idea up to my webgroup from elitetrader on...

I think that most firms who aren't making money are not making money b/c they have bad traders. I don't think it would be much different now without decimilization, except their traders would be loosing more in slippage. I use almost only market orders on the nyse, and have no problem. Honestly...

Decimalization is THE BEST thing to happen to the stock market since mayday 25 years ago. I can't imagine anyone not liking it. The few people who used to scalp nyse stocks for 1/16 at a time need to just find new strategies. The day of scalping spreads are over. IT is time to use some thought...

I hope they never eliminate the specialist, and I hope that nasdaq transferes to a specialist system. He may be a crook, but at least he gives liquidity. Try moving 10k+ on some nasd stock that trades only 200k in a day. I can do that in 5 mins on the nyse (and I only have to give the specialist...

Vikana and others, If I am mtm, do i have to pay self employment tax? I thought I didn't have to.

how harmful is the wash sale rule to me if i'm not mtm. I have traded the same dozen or so stocks for months.