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These types of days are a momentum traders pay days. Intra-day mean-reversion traders best to revert with the momentum until the volatility returns to normal or widen up your levels. A break of 1200 will be ugly.

False economy, false lifestyles.

People keep looking and asking for the next bubble. In light of these historic events, I believe the bubble of corruption and greed has begun to pop and a new era of integrity and honesty will evolve out of all this.

Conservative Republicans? Hmmm. The Makers are actually the Takers. WealthFare versus Welfare. http://www.roblimo.com/node/313 http://www.cato.org/pubs/pas/pa-241.html...

Corruption is the substitution for intelligence.

http://www.oneunified.net/blog/Trading/AutomatedTrading/NewsAnalysis.article

To mitigate risk.

The PPT exists! I was coming back from dropping my kids off to school this morning in hedgistan and in front of me was an aston martin with a plate that read in caps "THE PPT."

Your mean reversion system should have a 90% hit rate and your trend following around 50%.

Remember this, corruption is the substitute for intelligence. Always was and always will be. Just follow the tape.

Corruption and stealing are part of the whole system my friends. It's how money is made (stolen). How many were merrilly lynched from merrill lynch, lots! Corruption is the substitute for intelligence. Just have a look at most of these fat cats.

"Let he who has not sinned cast the first stone." Bailout and welfare are no different. Heck, I love it when my extreme right republican friends cry foul on "welfare" and "socialism" yet they love getting their "government provided" interest and tax subsidies on their real estate and yes oh my...

I remember being able to assign keyboard keys to do that. TWS booktrader I am running doesn't seem to allow that. Maybe someone else knows.

That was a double stopper popper on the upside and downside. That long was a loss. If they break 75, I would cover shorts.

Long.

93-95 will bring in sellers again, they will aim to take it back down to 75.

For those who keep missing their entries, just call "them" up and they would be more than happy to take price to where you want to be filled. Afterall, they need to take the otherside. I took the time to read your posts yesterday OldTrader. I respect your take on the markets more than your...

I'm itching like a dog with fleas. Heck life's too short to be mad and pessimistic party pooper. You all know as well as I do that we can buy the highs or sell the highs, just devise a system to operate around each method. Trade both if you want. Open mind. The shorts from 1284 and above...

"Since that is the case, I not only will be leaving this thread, I will be terminating my posting here at ET. OldTrader" LOL. ET is full of bitches. My turn, lets see how long I last. Since that is the case, I not only will be leaving this thread, I will be terminating my posting...

There is a very valid reason to be short up here on the ES. The turtles went long and short based on this reason. They would enter using a breakout method, but they were always knew their N's. It was their language, they spoke in N.