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BAC and WFC at HOD...see what BAC does when NYSE servers come back online

no clean break to futs just yet...still long/short sds in 800-2000 share blocks. Great journal by the way. Not sure how to post my trades..so I'll stay on the sidelines for a bit. Thanks all.

:) Not intended.

sorry, it was dripping with sarcasm...not to anyone here, just the forces to be. Out of that long.

LOL...invisible hands..ride the wave.

LOL...sorry for the lack of depth on the above post. It has become a habit the last several years to guage the media pre-market. I don't trade from that, but it does reaffirm market direction in MOST cases. Should plot it on a spreadsheet for analysis someday. :)

Media "giddyness" usually a profitable day on the short side for me. "rally, rally, rally" while futs are up pre-market .03%. LOL.

I play and have played several false breakouts of the above triangles as the statistics support an even more explosive breakout topside. If that materializes (especially with the spin capablity of the guv), we could easily pound out 1000 in a few days/weeks. I'm a bear....but trade what...

I put RC on ignore a month ago as he was an idiot in another thread and did nothing but try and derail it. Obvisously he possesses "some" knowledge, but the degree he puts it to use is questionable. Well, since you all keep quoting the tough guy, I pulled him off ignore. It didn't take...

pesky financials have volume this morning.

LOL.. the boys can't leave the indexes red over a weekend can they. Fukin clockwork.

very tasty.

:p ...So many I had to create folders to organize them!

crackberry and 9 holes may be a better use of time.

Nice though Sal..........Grunt

Or let us know when you have another math question you want to argue about. :p ok, ok...be nice. I know. Stupid kharma.

Come on guys, he just wants to know if his math is correct.

I should add this to be honest: Speaking for about 98% of those trading ES, a 10 point stop to get that 1 point profit is very acceptable. Don't let the worry-warts thwart your enthusiasm. No get out there tiger!

To answer your original question: YES The vast majority of us started with that very math and added all the "next step" items you cite and now..mostly all of us make that 200% ROI with 10 points a day. Day after day, year after year. Really easy math if you think about it...

Yeah, but what does business know about business, LOL! :p