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Nice trade, dawg... The other clue was the MACD - it has been above the zero line for most of the day...

dawg, With the benefit of hindsight - and the admission that I had the same kind of day you did - the only hope was the 15-minute chart. A three day relatively tight range was the clue - one that just jumped off the screen as soon as the market closed on Friday:(

10:21 L @854.000 10:35 X @852.25 Entered on a Long Rocket -1.75 10:35 S @ 852.75 10:50 X @847.75 Reversed Short on the Failed Rocket - exited when prices approached the bottom of the 15M Channel - +4.5 points +2.75 on the day

10:21 L @854.000 10:35 X @852.25 Entered on a Long Rocket -1.75 10:35 S @ 852.75 10:50 X @847.75 Reversed Short on the Failed Rocket - exited when prices approached the bottom of the 15M Channel - +4.5 points +2.75 on the day

Actually, she was pretty happy with the job I did cleaning the bathrooms - though she did make me clean one of them twice.

Being to scared of the obvious early "short rocket", I passed and waited, and waited, and waited some more for a sure thing kind of trade. Finally one came along at 2:40. I grabbed two points - hey, it's better than a poke in the eye with a sharp stick.

You know what I can't figure out? Why a guy like you doesn't go over there and teach them gosh darn Iraqis a lesson.

Well, I've made about a grand so far - not a lot of money - to this point the biggest benefit has been that I've stopped losing. The down side is that I've put on 41 pounds so far eating all the Hershey Kisses.

Well things are a little better around here this weekend. I agreed to clean the bathrooms, and take a job as a crossing guard until I get the Jack Hershey stuff down. In return she gave back my cable modem. At first I felt bad about having to make these concessions, but after reading a lot...

Today I did everything right - almost. 10:40 L @ 864.50 11:34 X @867.00 Entered on an Ice Berg signal - bailed on a trend line and MACD XO. 12:49 S @863.75 12:56 X @862.75 Another Ice Berg entry - bailed when the volume just didn't feel right. 02:24 S @862.25 02:31 X @859.75...

Wrong! That's no bounce in my step - it's just a run-of-the-mill limp - you know who stomped on my foot with her golf shoes on.

Look, it was a tough day for trading "Rockets", and I lost another 1 3/4 points today. Well you know who threw a hissy-fit. She started screaming and hollering, cursing and spitting, and then she grabbed my cable modem, and hid it! So I'm posting tonight on an old 300 baud modem I found out...

It's hard to talk on an empty stomach, with a bowl of cat food sitting in front of you - not to mention a night of sleeping on a couch.

Fruity-Baby...if and when you reach my level of honesty and my ability to hold an audience, then perhaps you will have room to "critique" me - until then, I stand by my earlier assessment of you.

Let's just say I'll be sleeping on the couch tonight...and she'll probably feed my dinner to the cats... Tried to be "cute", avoided everything I've learned to this point (like no volume, no trade), and lost 1 3/4 points in seven round turns.

Blew another "Rocket" this morning - walked away with 1 1/2 when I should have had at least 5 - damn-it. So let's talk Jack: Am I learning anything? Yes - tons of things. Is it worth the effort? Yes, in my opinion - and to be sure, it takes a lot of effort. Are Jack's claims...

A major, big time thank you, nkhoi

No time to post tonight. I misplayed the big one this morning, and ended up down 1/4 on the day. I tried to cancel the new computer system, but they had already shipped! I'm on my way outside to change the house numbers before the UPS guy gets here. More later.

Jack, I'm feelin' kinda stupid, but I am lost with your "stop log" post. Would it be possible for you (or anyone who understands) to post a chart? A very confused camper...

I used to live at 400 East Ohio Street - of course my name was "chicago" back then...