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  1. W

    ES Journal Archive (2006 - 2008)

    Yes, long bounce area. If it doesn't bounce here, freefall today.
  2. W

    ES Journal Archive (2006 - 2008)

    05-07-08 03:25 PM We had a classic wyckoff upthrust above 1420. Put on your diving suits, we've only just begun. ----------------------- We are 100 pts from the high above 1420.
  3. W

    how to protect your account from huge catastrophic events.

    Conservative <= 10 Aggressive 10-30
  4. W

    Ignore news and trade purely technical?

    If you trade the news, you will be selling newspapers shortly.
  5. W

    how to protect your account from huge catastrophic events.

    Risk is always about the loss that you would suffer if market prices changed, so you take the positions you have and see what happens if prices change by a fixed amount. But what is the size of the change? What is the likelihood of a change of a particular size occurring? VAR signifies the...
  6. W

    Pissed

    I gave my health insurance broker a mouthful and then Aetna after finding out he was trying to sell me a health policy that was in his interest only. After doing my own internet research, I realized he was screwing me over. I shitcanned him and Aetna. Bastards, useless morons. No value in...
  7. W

    Pissed

    The biggest scam going is Financial Advisors. A handful, if that are actually worth their salt.
  8. W

    Pissed

    I can't wait to see the day when all types of middlemen brokers and sales jobs are eliminated in real estate, insurance, travel, auto, etc. In this day and age with internet and google there is absolutely no need to pay extra to morons who know less than you about what they are trying to sell...
  9. W

    S&P 500 Book Value Per Share

    What is the book value per share of the S&P 500? Would an average of all the individual book values per share for each stock in the index give an accurate number?
  10. W

    H&S Formation in ES

    Guess what gonna happen when all the folks trying to get thru the same little door at the same time? Mama market gonna humble those that tread in unfamiliar waters. Just beez sure you buying when they sellin.
  11. W

    Rich Pawning Diamonds, Artwork; Cutting 'Jet' Time - Net Worth Shrinking

    They are also giving less. http://www.nytimes.com/2008/05/29/business/29hedge.html?em&ex=1212206400&en=9c8e48eb1cc86442&ei=5087%0A
  12. W

    Soon the grocery store will only be for top traders...

    Here is another view. "My son is headed for Iraq any moment for the past year, my daughter-in-law was there at the beginning of the war. I am always anti-war, but especially for this one. A child in any war brings out parts of the self one didn't know about, but one so wrong -- oh, my. I took...
  13. W

    Soon the grocery store will only be for top traders...

    Recently, a neighbor replaced his Chevy TAHOE bus with a Honda civic. But I don't think his steak and potatoes testosterone attitude is agreeing with the Honda civic. I've noticed him trying to avoid being seen by the neighbors as he pulls out of his driveway in his civic with the Tahoe parked...
  14. W

    Soon the grocery store will only be for top traders...

    China shows humanitarian side, where was Bush during Katrina? http://www.iht.com/articles/2008/05/21/asia/wen.php I bet China solves Darfur situation.
  15. W

    Soon the grocery store will only be for top traders...

    The size of American refrigerators compared to Europe and Asia tells all.
  16. W

    Soon the grocery store will only be for top traders...

    I tell you we are going heading for a depression. The S&P will see 1200 and under this year.
  17. W

    Soon the grocery store will only be for top traders...

    In reality it's the only way. The poor will be taken care of by the goverment, the rich ain't too worried, maybe they cut back their standards a bit, if any and well the middle class will be wiped out as it already has begun.
  18. W

    Soon the grocery store will only be for top traders...

    LOL, I've got neighbors who find it too inconvenient to recycle and they also don't eat leftovers. Talk about spoiled brats. I hope crude oil goes to 500! The only way to change their behavior is to make it hurt enough for them to now be bothered. So many self-centered, I can't be...
  19. W

    ES Journal Archive (2006 - 2008)

    Swing trading for me is 3-5-10 days or 3-5-10 points intraday ES.
  20. W

    ES Journal Archive (2006 - 2008)

    If that 1381 holds, it should trade back to 1389. If we break it we will see 1370.
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