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Charts for what? The only thing I did in this thread was post a chart that kind of agreed with you about where the bottom is. But it will be interesting to see what happens now since QQQ may be hitting some resistance (if you believe in trendlines, of course).

11/26: SPY -$90 QLD: $268

No, that was the opposite of what I was asking for.

jack, I'm aware you have what many on this forum consider to be a complicated trading system. Are you able to express your data in simple terms, for example: "the bottom will be [price]." or "the bottom is here." (in real time) or "I just went long and have a target profit of...

Maybe some of the people on this forum who try to sell courses via PM and claim to be profitable traders (despite their inability to explain their methods without using vague ambiguity and doublespeak) should take that guy up on his offer.

Oh, I agree. I've never seen anyone make any of that type of call ahead of time. But after the fact it's always "LOOK AT THIS! DO YOU SEE?" and then they sometimes try to sell you a course. I would love to see those calls in real time.

I don't even understand what you just said right there. What is lalala boy?

holy cow look at this one! I didn't even see this other line before!

But look at this! Price is hitting a down trendline right now. It might bounce back down. These would be my questions: 1) will it bounce off the down trendline? (if yes close long positions or go short) 2) if so, will it bounce off the up trendline? (if yes, go long when price gets...

Back on topic, so far it looks like we have have actually seen the bottom, of course we will not know for a while.

I love how people post these crazy complex charts full of lines and markings, as if it's so obvious, yet no explanation is given. It's such nonsense It's like guys, the answer to your question is easy, see? I will believe it when they make predictions ahead of time that end up...

11/23: SPY: -$60 QLD: $162

11/21: SPY: -$250 QLD: -$150

Blank? Are they not showing up? Crap. The purpose of this thread was to start a discussion on airline stocks in case anyone had anything to say.

11/19: SPY: -$282 QLD: -$206

I am familiar with win rates and R:R. In years of extensive testing I was unable to come up with any sort of prediction that was any better than 50/50, and I have not met anyone else who could, either. I have seen a lot of people who claim to, but either won't produce evidence, or fail to...

Seems today's gap up and further price increase was on much lower volume than the last few days, but pretty average volume overall. Does that provide any clues as to what price might do? I'm not good at interpreting volume but I know some people claim to be.

According to wikipedia, a correction is a short term price decline of 5-20%: Source: http://en.wikipedia.org/wiki/Stock_market_correction Isn't that what we're in now? SPY's recent high was just over 146. Five percent down would be $138.7, and its recent low is under $136. So...

No love for this thread :(

On a more serious note, so far it seems that this may have actually been the bottom. Today was a gap up out of nowhere.