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sort of like that red candle that was produced this morning with its release. huge upper shadow (wick) with red body on high volume at the top of an upward trend. Interesting indeed. Good Luck!

13300 for the DOW? Possible support? Up to new highs this afternoon? I think we're going to see...... until then, trade it! Good Luck!

Remember, this is "lunch hour". There's still friday to go before the boys leave for the Hamptons. Everyone's looking for an excuse it seems to take a little off the table. The good data today got sold into, big reversal on volume spike in less than 1/2 hour. Good Luck!

Could it have been the 100 point reversal of the 100 point reversal on positive economic data in front of an extended summer holiday? Good Luck!

There's been some good action in IGT lately, looks to be trying to breakout, inverse head-and-shoulders pattern in the making possible. It's also a good candidate for a PE buy, recurring revs are picking up and its in the gaming sector. Nice cash cow business. Bottom seems to have formed...

The only thing is, what buy-outs will be announced on Monday to shatter this HUGE sell-off? You can't whip a bull constantly without causing some bleeding for sure. With that being said, when will the PE guys run out of all that cash to do their deals with? One thing that is interesting...

O.P. Get used to it. In the world of poker their called "railbirds", you know just hang out in the cardrooms but really don't have any bank to REALLY play. Unfortunately the same goes here. Most of the members here seem to be college-aged that are "smarter" than the markets but don't...

Small losses lead to big gains! Good luck and welcome back!

P.S. Thanks for the article link, I forwarded it on to some others that I know could use it.

Smarter, not harder! I can attest that streamlining makes you a better person, trader and more profitable. I did something very similar about two years ago and haven't looked back since.

I don't know..... do the Chinese, Indian, Saudi, Jap., Korean, Russian, etc. traders take their long vacations to the Hamptons also during this time of the year? It's a global market now kiddo, witchcraft and superstitions will only get you killed sooner than later. Trade what you...

Because he's just another "Elite Trader" = some college douche with no real money on the line but still knows it all. ET's relevance and a lot (not all, but most I'd say) of its posters/chronic members are about as useful as tits on a tom cat. The less time spent here the more profitable...

Guy Adami on Fast Money said to buy it I earlier this week. Interesting indeed.

could do it. Haven't gotten any good tips from my neighbors yet...... I'm waiting. Sure sign to sell then.

Yep, every night. Bolling is suggesting trades off his dreams. Priceless! "Sell GOOG, I had a dream that it was going down." The last guy that "had a dream" got killed.... literally.

Poor bears... They're dying the death of 1000 cuts right now. I thought about starting some short plays earlier this week.... glad I just thought about it. toppy.......maybe.....but hey as long as you're nimble, there is money to be made.

Hmmmmm How many SP 500 companies have been taken out so far? How many more will go? I don't know, but if you have money where you going to put it to work? Everyday I go the mailbox and get offers from credit companies for rediculous things. I just got an offer to lock in at...

All the asians are buying US equities. Tighten up over there, they will come here.

So what's a whale of a pit trader like you doing hanging out on ET all day? Gotta love the Internet. Legend in your own mind. :D

Methinks someone feels they are smarter than the market. Mr. Market will do what Mr. Market wants to do, you my friend only have one thing to worry about - remaining solvent.