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    Gas $5 dollar gallon and $150 oil soon

    Are you dense? What industry does $5 gas help? oh that's right, it's astounding how much more successful AMR and UAUA have been with oil now at $130 instead of $80. Lucky FDX and UPS don't use gas to drive their trucks either. Steel? pffft. Transported by bicycle of course.
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    LOL who hates Dennis Kneale? Gotta see this

    lol yeah dennis knows all the angles.
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    LOL who hates Dennis Kneale? Gotta see this

    Oh man, Dennis is a clown. He's hands down the stupidest idiot on TV today. After watching this video I feel exponentially better. He cries like a little baby because his little girl can't call him on his Blackberry http://www.youtube.com/watch?v=vmEErhy7AIc Gonna be one messed up...
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    Anyone trade the eminis solely using Price action from a 1 or 3 minute Chart ??

    That's typically the way to go.
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    Rennicks quest...100 bucks to 100 grand

    lol GL chap. Pull a Barry Bonds. Home run record baby :).
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    The 3-2-1 Approach: A Simplified Method for Trading Any Market

    lol
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    Surf report for the masses

    Unless they come in the form of a cow or corn, they're probably not. :) My point was that the direction is up. That's the direction it's most likely going to go. If you're looking to short something, there's plenty of junk out there with more potential. :)
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    Surf report for the masses

    Why not ask the guys buying all the barrels 3 months ago? They might have a little clue.
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    Surf report for the masses

    LOL. Wow. It doesn't, but thanks for trying.
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    PE of 87.07 for Dow Jones Industrial in this week's Barrons

    Just for the heck of it, anyone know what the S&P is?
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    Using TA to pick tops and bottoms of 52-weeks

    yup :) You were ahead of me on that.
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    Using TA to pick tops and bottoms of 52-weeks

    lol Joab, you always have to be that guy. Besides MA you've been pretty damn good. Doing it with options is entirely different. That's typically the only vehicle I use when I do (hell, I encourage it). Another thing is that I know how to do it, and it works but there's a ton more risk...
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    Using TA to pick tops and bottoms of 52-weeks

    With that said, those trades are taken differently. In addition either some type of fundamental divergence needs to take place OR a sure-fire technical top (there's a few signals to take). But 8/10 times using the "too high" method or "gut" is going to wipe people out.
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    Using TA to pick tops and bottoms of 52-weeks

    Here's another one I love. It's actually an oxymoron. There's VERY little TA up there (considering it's an all-time high). The resistance has "left the building" and the rest is pure support. I always laugh at all these guys screaming "shorting oil here" like they've got some...
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    Yahoo's response to Icahn "DROP DEAD"

    Icahn's trying to turn the titanic. He's gonna find out he needed a partner.
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    Traders make pennies, Investors make dollars

    Actually, you're right. I just re-read the article. I saw this and just assumed "Housing remained strong, and the fund lost money. A concerned friend called, asking Mr. Paulson if he was going to cut his losses. No, "I'm adding" to the bet, he responded, according to the investor. He told...
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    Surf report for the masses

    Surf's a clown. He has yet to post a P&L from any of his trades. I routinely ask him....yet nothing.
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    Traders make pennies, Investors make dollars

    yup. you caught that too? That's something not many know. He basically was dead wrong on timing and he almost washed himself out because of it. Seemed like a huge all or nothing bet
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    Nothing Beats Price Action, Everything Else is Derivative

    :) Area of least resistance is easy to find. The problem is holding in those inner demons for most people.
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    Traders make pennies, Investors make dollars

    Exactly. That's actually how my story went with that one. Gotta think bigger than a S&R level sometimes.
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