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My fellow Americans. You will recall that earlier this week a large UFO was spotted over the great state of Texas. That UFO has now been identified as powerful aliens who demanded either our women, or our money. I am sad to report that the United States of America is now bankrupt...

"It is with great sorrow that I now turn this podium over to President Hillary Clinton".

Oh, let's call the bottom fishing area about 250-275 down on the DOW. Mid Day.

My first and last prediction on ET. But what the hell. Market opens up. Consumer Sentiment halts a rally, and the market starts to rollover. Further weakness begets more panic selling to a daily low. We get a little bounce early afternoon as shorts tentatively cover, and buyers dip...

Actually, I'd love to see a strong open to set up shorts, then a rollover to a panic bottom. Then a bounce to a stronger close. Now, that's trading, baby!:D

Investors are ready to pull the plug and hit the panic button. Any further softness tomorrow can be the trigger to send them over the edge. If we're lucky, we'll get a great short term buying opportunity coming off the bottom, as in August. The only complicating factor if we have a plunge...

A very short term moving average of a linear regression channel. Try it, you'll like it. Oh....and price. :p

Best trading in years.

Another LOL! Like a index or a mega cap stock can't continue higher? In my years of trading I can point to a few things that I know to be true with great certainty. One of them is that just because something is "high", is no reason why it won't go higher...and keep going higher...

LOL! I've never heard that one. A PERFECT metaphor for selling naked. :p

Looking for a recommendation for real time charts that will alert when a condition is true. Example, price crossing an MA. I need a charting backup on a second computer to my primary trading system, and I'm hoping to find something efficient and inexpensive. Thanks for any suggestion...

He's a very clever guy with an interesting idea. But IMHO, the site should be ready for prime time by now, but it isn't. The graphic and user interface is a mess, and hasn't improved. A good art director could do wonders for it. In my couple of experiences with systems on the site...

There are two major flaws in your very lame plan. First, it will cost you to set up each account. Second, all accounts for each user - past and present - are listed for every potential trader to review.

Excellent reply! Indicators are INDICATORS. Not buy/sell signals. They can often help get you in the ballpark, and are helpful if you happen to be tracking a large watch list. But entries should be based on price action. As a simple (and rather stupid) analogy, think of indicators as...

But there was a wonderful capitulation bounce off the bottom today at 59.25 for a quick 3 points. My thanks to all those who bailed in panic. For any struggling traders looking for setups, pull up a 5 min GRMN chart. Look at price and volume at the bottom before the reversal at 10:50...

IMHO, it is dangerous to rely on any system to set stops. I use a very reliable system interfaced via API with TWS, but even so I always go right to TWS to set hard and trailing stops, and double check that they are in place. If you are in a position that you must rely on Excel, or any...

It depends on where the accounts are held, as there are a limited number of brokers that will deal with API interfaces. Most do not. If you are serious in pursuing this, open a 'Friends & Family' advisor account at Interactive Brokers. Your trades are made in a master account, and at the...

You can't trade, and you can't teach, and from your use of grammar you can't write either. But you got published? Okay, I can see now from a Google search (Murine Press) that you printed your own books. That explains it.

Techniques of Tape Reading by Chris Schumacher & Vadym Graifer One of the best books on intraday market action. Clear and logical. Note the discussion of capitulation and euphoria, apply it to your study of charts, and you'll be way ahead of the game.

Your instincts are correct. You generally should NOT be buying into momentum, and should wait for a more favorable entry. So you don't have a mental problem. Well, you may, but not in this regard.:)