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It is no more crap than the wild guess that started this thread. Does SPY gapped filled mean end of rally? The answer to your question is "maybe yes, maybe no." One wild unsupported guess is as good as another...

This is perhaps one of the alltime lame beliefs of TA aficionados. It "works" ONLY if it yields a consistent positive expectancy. TA related stuff (indicators, etc.) send way too many traders into the red. For a long time, almost all sailors believed that sea monsters roamed the open...

I have probably used it 100 times and it was probably ignored at least 40 times. And a number of my comments to that effect are existing in threads on ET. Gone almost immediately? Try actually doing it on ET rather than in your hypothetical head. Amazing how many people confuse "I...

Improvingstops First of all, ignore everything Jack Hershey says. He is the leading guru wannabe. And has made major claims and refused every of the 100+ challenges from many different people for proof of his outlandish claims. He is a ruthless misleader of many many newbies on ET...

that is what it would cost to get private (series, etc.) training, so seems fair...

hope you're joking. First, a sample size of one is like flipping a coin and saying "it came up heads! This coin must have no tails on it!" After all, if it did not "work" would you have posted? :D

I wasn't saying to cut if at $120, I said to try different size stops and see where you get best effect. For example, cut off at $50, $75, $100, etc (whatever scale you decide to use). But test from very small to pretty large. You will probably see your results peak at one+ points. You might...

except the Complain button is ignored a lot of the time. That is why this stuff is here, in "Feedback" Now, anything else you wish to enlight us with??

How stupid is this? Norway releases records on each taxpayer's income and wealth Norway's tax authorities, operating under a new law, have released official records showing the annual income and overall wealth of nearly every taxpayer in the country, the Associated Press reports. The...

Two words: Growth Expectations Traders keep forgetting that expectations is what moves a stock. When something like this comes in that impacts growth prospects up or down, the expectations change almost instantaneously.

You 1) put a large batch of the (past) trades into a spreadsheet, showing each one's worst intratrade drawdown (also called Maximum Adverse Excursion or MAE). 2) try to equalize the value of all trades somewhat (like, a trade with 3 contracts of emini should be divided by 1/3 if being...

Really??? New York City’s Unemployment Rate Exceeds 10% By PATRICK MCGEEHAN New York City’s unemployment rate jumped to 10.3 percent in August as the number of residents unable to find work rose to a record of 415,800, state officials said on Thursday. The city’s unemployment...

"Precious to the Lord is the death of one his saints..." Ps 116:15

At last, St Louis reveals himself, in a 3-post outburst in 15 minutes against myself. Suspected he was an anonymous desperate troll: <i>StLouisTrader. 10-22-09 09:37 PM What does the ET community say? StLouisTrader 10-22-09 09:41 PM I know being slow was probably an asset when...

That would explain why you have constantly run away from the many dozens of people over the years who asked for proof of your returns (frankly, based on your constant claims & ramblings that have misled so many newbies. Now we see why...

And the toilet paper will be made of linen, and must be reused. Cloth adult diapers, anyone? :D :D :D

Seems about what I said above. "Select traders." It is about as real as a store having sales "up to 90%" off. There is one table of 90% off stuff - and it is broken, dirty returns that no one could ever get fixed... Everything else is normal prices to 10-20% off (ignoring clearance items)...

Who is to say we will survive 100 years? With piles of nukes, biologic, chemical warfare and other things getting into the hands of everyone, we might just be one more species on Earth mucking around for food along with the beetles...

And a boatload of small businesses whose Accounts Receivable is stretching to many months long with little hope of payment, cannot get credit or their financial lines are being cut/closed, and doing pro bono or at-cost work just to keep their few employees busy, owners emptying their IRAs to...

I listened to him and he was wrong. In fact, the analysis I saw of it is that it actually created a few American jobs. Hype, Fear and Panic has no relevance to Reality.