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    Happy New Year ET!

    Happy New Year everyone! Make it a year of generosity and kindness to others. :)
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    Bottoms up !!

    Aussies always gotta show us yanks up! Happy New Year down under! :)
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    Bottoms up !!

    Okay got it. Geez man it's 1:00 am. What the heck am I doing up figuring this out? Babak here is the deal. That chart ends at Aug 2 or so, which is your cell 107 and point 111 on your chart. So your chart should end there. Now, you also have your scaling so much different it is messing with...
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    Bottoms up !!

    Well one thing I can tell you is that I have been saying this same thing for about 18 months... "As I have written in countless past essays on these chaotic markets, supercycle bubble busts always, 100% of the time, ultimately sweep stocks far down to pitiful valuations based on P/E multiples...
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    10:00 AM trend change stats???

    Another nugget from NihabaAshi. Thank you. :)
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    10:00 AM trend change stats???

    We talked about that on another thread but I cannot remeber which one, so I am pretty useless. I mentioned that in the book by Oliver Valez "The Master DayTrader", he mentions the reversal times. But I don't remember anyone who kept stats on it. Interesting though that you are looking for a...
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    Master Swing Trader book

    Another exactly my sentiments. Gee I sure seem to be sentimental. :)
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    Master Swing Trader book

    Me too. My sentiments exactly. :)
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    Patterns that don't work anymore

    Who's bragging? I know a number of guys here who make way more than I do and they participate in the forums. But if I told you I use the macd and didn't make good money it would be a lie. That's okay. Most everyone who has read my posts and has been here for more than a month or so knows...
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    Patterns that don't work anymore

    I'll jump in here for a minute. I have used macd and pattern breakouts for years. I'm laughing at how many of you missed the main point. I'm not laughing at you per se, just how many people missed the point and took the bait. The main point as I see it is that the tool still does what it always...
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    Keeping It Simple

    QQQ's you are right. My comment earlier distracted the focus of this thread. Let's get back on topic. Longshot, you are right also. I bow in acquiesence to your comments and observations. Thank you both for tightening me up a bit. :)
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    Keeping It Simple

    Hey sammy, I am presuming you are talking to me with the above quote. Can you please quote for me where I said no one is reading this discussion. I am not attacking you... just asking you to support your quote with fact. And I am not attacking db, actually I think the percentage is higher...
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    Keeping It Simple

    Nice work js. Those who trade size have a different mindset than 1 lotters. Of course one difference is logistics.... a 1 lotter cannot scale out. And 45 pages of which at least 80% is the contribution of one member should clue you in that you are talking to a brick wall. Don't waste your...
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    Jan Effect

    Interesting thought about Hussein stepping down. I don't think he can and he knows it. If he steps down he is a dead man. He will be shot. He cannot lead an open government for the same reason. Any attempt at civility will lead to his assassination. His only play is to stay the current course...
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    61.8 % FR within the first 30 min bar revisited

    On the 24 hr data, unless you are going to trade premarket, I don't think it pays to use it. It masks the opening gap otherwise present from day to day, a gap which fills almost everyday. It skews indicators also for the first 15-30 minutes. The world doesn't care what happened in the UK...
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    61.8 % FR within the first 30 min bar revisited

    For the record, I was kidding Wally. He knows it. I usually do when he posts. But now I will PM him to be sure. :)
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    Analysts

    Overall, the primary concern for an investment is capital preservation. Second is growth or income depending on the goals of the investor. The term "Market OutPerform" is not a buy signal. It does not imply the analyst has said "this stock is going up." It does imply that the analyst feels...
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    61.8 % FR within the first 30 min bar revisited

    This garbage doesn't work. Are you trying to sell a system? Fib retracement... yeah right. Next you'll be telling me you make money with it. Sheesh...! After all, if it really worked, why would you tell anyone about it? :)
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    Jasper update ? (for Aphie)

    Of course then it was "plastics!" :)
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    profitseers RAMS system

    LOL :D You're at least one up on me profitseer. You know I love the idea. Runningbear had an excellent idea similar in ways to this. It was based on the "Line in the Sand" model. T'kay, there's a book worth reading. It's an old book. But when my West Point roommate and I were not getting...
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