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  1. L

    Triple Top Pattern (5/24/2012)

    Again, not very clean. Looks more lower low, lower high pattern, then finally breaking out.
  2. L

    Triple Top Pattern (5/24/2012)

    Don't know about this one. Last spike on the 3rd head doesn't make it too clean.
  3. L

    Triple Top Pattern (5/24/2012)

    Too vague. Can't trade off that.
  4. L

    Triple Top Pattern (5/24/2012)

    From the 3/9 to 4/2, a great example of a triple top doing what it predicts. Yeah I see the may 5 head as well but what does that it make it? A Quadruple Top?
  5. L

    Triple Top Pattern (5/24/2012)

    Curious to see what others have to say. If you a TA guy, here is a real time pattern working itself out.
  6. L

    Triple Top Pattern (5/24/2012)

    No it's not a bullish pattern. Just asking if anyone is going long against the tide.
  7. L

    Triple Top Pattern (5/24/2012)

    Anyone bullish now? ES, YM have very clear triple top patterns. NQ and TF are disjointed but do have 3 peaks. While I think we are way oversold i.e. exponential 20 day MA, I not gonna fight the TA bearish pattern.
  8. L

    facebook ipo - opinions - play by play - keep it brief

    Here come the headlines. "You have lost face, Facebook" "In your face, Facebook" "Face the facts, Facebook" "What a facial" :D
  9. L

    facebook ipo - opinions - play by play - keep it brief

    Damn, they are kicking FB hard when it's down. Facebook is nothing but embarrassment
  10. L

    facebook ipo - opinions - play by play - keep it brief

    Dang, Facebook, why you gonna bring down the US? How Facebook could destroy the U.S. economy
  11. L

    facebook ipo - opinions - play by play - keep it brief

    Awwww shit. It's on now..... Interactive Brokers Bulletin Board STOCK NOW SHORTABLE Dear Trader, You are receiving this notice as one or more of your recent short sale orders, which we were prohibited from being routed for execution due to the locate requirement, are now eligible...
  12. L

    facebook ipo - opinions - play by play - keep it brief

    Institutional and hedge funds are doing the bulk of shorting. I still get restrictions with IB.
  13. L

    Market Wizards 4 coming soon!

    I read the early reviews on these books and it seems like they are manufactured. It could be that they really are good books but I can't trust the biased viewpoint. Especially telling is if they cut-n-paste the author's bio. 3 out of 5 reviews for Alpha Masters have the bio.
  14. L

    JPM, Loss growing to $6-7billion

    Looks like it's going to get worse before it gets better. JPM going under $30? I wouldn't bet against it. JPMorgan Chase loss only going to get worse
  15. L

    How to crash Facebook. You know somebody's thinking about doing it.

    It was pretty weak at the close Friday. Barely held onto 38. What makes you think it will stay above 38 even on Monday?
  16. L

    Swing Trading is the Holy Grail

    More than a month since last update. No update on blog for 2 weeks. I guess Swing Trading is NOT the Holy Grail.
  17. L

    Norton is Expiring, Should I Renew

    Too many fine free options to pay for Norton. AVG Avira MSFT Security Essentials Many more. I don't get how Norton makes money off of its virus software.
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    Underwriters band together, keep FB above 38. Market manipulation?

    The term is Greenshoe. Common practice for IPOs. Greenshoe The details on how the underwriters did, executing the greenshoe. Facebook IPO Goes Nowhere In Exciting Fashion
  19. L

    I sense a rally in the market

    What a clusterf*ck that FB IPO opening was. I had a chance to dump LNKD at 109 but held out for my 110 target since FB hadn't opened yet. Bad idea. FB clusterf*ck was late so killed all the momentum. Then the order handling screwed up trade balance forcing price to go to 38. The...
  20. L

    facebook ipo - opinions - play by play - keep it brief

    Daytrading at 38 is GUARANTEED profit for today. Dump it before the close. They are supporting it at 38 and not letting it drop.
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