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    The Stochastic Indicator

    Jack, I am confused - would it be possible for you to post a chart with today's trend lines drawn in?
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    WAR IN 72 HOURS... TIME FOR UNITY... WHATEVER OUR DIFFERENCES...

    "Support our troops" - what exactly does that mean? I know of no American who wishes them ill. It seems to me that "support our troops" means nothing more than "shut-up". No matter how inept, no matter how immoral, no matter how foolish the adventure may be, keep quiet. Do I "support...
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    If you died tomorrow, would you be happy with your life?

    If I died tomorrow, would I be happy with my life? Do I really have a choice? I have done - or tried to do - most everything I wanted to do. I've been to most of the places I wanted to see. I've had professional success, and like everyone else, more personal failure than I would have...
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    TV commercials prelude stock runups

    Wow Dude, with such a keen analytical approach, I can't imagine why you ain't rich! BTW - didn't ENRON advertise until the bitter end?
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    New Direct + rule?

    Oh my oh my - whatever will we do now? I am torn between eating worms, or killing myself. How's 'bout you? Wait a second. There's another option - find a market that fits your needs! Nah, that's too much trouble - so let's all just bitch and moan...
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    For Those making over $50K a year

    Actually, people attempting to "vote" in such polls should automatically be directed to Yahoo, and their ET memberships should be canceled.
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    how did you do when first started trading

    I'll bet you still ware bell bottoms - right? And I'd bet that one of your dreams is to be a regular on American bandstand - right? And my guess is that you drive a '67 VW Bug. How do I know all of these things? Because you seem to be the kind of guy who is always late for the party. Your...
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    my last 7 trades

    You know Gordon, the first time I read one of your "woe is me" threads, I felt sorry for you - maybe even the second time. But it's getting old, real old. Assuming that you are telling the truth (though I thought you were just hours from living under a bridge months ago) you are just a...
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    The Stochastic Indicator

    Five-minute, 5-2-3 stochastic, +1 or -1 MACD. The last two trades were an attempt to reenter the Iceberg, based on my "feel" FOR THE DOWNTREND RESUMING. (BASED ON THE hISTOGRAM AND VOLUME ACTION)
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    The Stochastic Indicator

    That ain't gonna happen until this (or something else) becomes second nature. Hang in there...you'll come around.
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    The Stochastic Indicator

    Stress? Yep - lots of it:) Yes, the trade was put on as a potential Iceberg. As for the one-minute chart, it's history. While it kept me out of some bad Rockets, it also took me out of too many good trades. I don't know if I will ever be able to look at it again. So what kept me in the...
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    The Stochastic Indicator

    Starting to get the hang of this...I think... Using the 5-2-3 stochastic, and the +1 or –1 MACD signal. 12:17 Short @832.00 12:50 xxxxx @827.75 Entered looking for an “Iceberg” When volume dried up at the previous low for the day, and with the MACD spiking lower, I took profits...
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    The Stochastic Indicator

    Thank you nkhoi... I've still got a lot to work on, but it's starting to really make sense!
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    The Stochastic Indicator

    Progress...I think 09:46 Short @814.75 10:05 xxxx @814.75 This was an attempt to “fade” the open based on a MACD xo – with a heart full of fear I jumped in, but when the market retraced after being in my favor, I “washed”. In hindsight, I should have hung on, but I am new at...
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    The Stochastic Indicator

    Jack, thanx for all the help - it is much appreciated. Of course you are right about my hair trigger, and so I have taken your advice and packed in my one-minute chart...(sigh)...and replaced it with a 15-minute. It will take awhile to digest all that you have passed along, but I think...
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    The Stochastic Indicator

    ...it really could have been better 10:18 L @814 10:23 X @810.50 A disaster from start to finish. The 1M MACD was against me going in, and an “execution” error cost me an additional ¾ of a point. 10:45 S 806.75 11:04 X 802.75 Entered late because the 1M MACD was against me...
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    The Stochastic Indicator

    Re: tampa fix I don't know that I have been "fixed" yet, but I'm working on it:) Thanx Jack - as always there is much to digest...
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    Should we execute drug dealers?

    Econ 102 a) A "fix" costs$50. The druggie has no money. You have a $1,000 stereo in your car. The druggie rips it off, sells it for $50, and get's his fix, b) Drugs are legal. The cost of a "fix" is now $5. The druggie has no money. You have a $1,ooo stereo in your car. The druggie rips it...
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    The Stochastic Indicator

    Jack, ...what happened to the "tampa fix"?
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    The Stochastic Indicator

    Where do I begin? 09:50 S @820 09:58 X @817.50 Bailed on a volume spike – I would have also cut and run at 10:26 on a 5M MACD cross at about the same price. However, had I stuck around for the 5M Stochastic signal...an additional point and a half...(sigh) 02:23 S @810.50 02:25 X...
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