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  1. M

    William J. O'Neil, RIP

    %% THEY like a 200dma also/ good ; + 40 week moving average\ which i dont use. IF its on their charts i may look @ it LOL............................................................
  2. M

    TWS submitting multiple orders for the same trade

    %% Related to that, sometimes, even though it was my fault; if i did not get pretty much instant confirmation, I hit it again. But many times I would get a double order, ETFs, not options .:caution::caution: So have to be aware of that
  3. M

    Automated triggers for large institutions...

    %% ACTUALLY they dont have to be ''linked'' IN some cases they read the same data\ AUG+ SEPT average could be a green candle, especially on an above average, SPY benchmark 2023\ but include , 1987 , 1999,2000-2022=AUG average tend$ to be slightly negative\red . And throw in the fact what...
  4. M

    your own trading software

    %% LOL, no wonder GS,MS, BAC ...... hold massive positions in SAP. GS average= $997,000 revenue per employee; BAC average =$448,000:D:D Like NorgateData just noted, include ''1999'' Then 2000+ 2002......... I make to sure to look@ what IBKR+ SCHW has, including but NOT limited to software...
  5. M

    Big Vol small candle ??

    %% OK\ but he has already disclosed he is a new trader. Figure he means big volume candle[even though he spelled it ''vol''] So SPY on 8-3-23 has his ''small green candle, not much wick'' gap down daily [aka down window] in AUG, not many AUG buyers= good logic. SPY still down from 8-3-23...
  6. M

    The tide is turning

    %% Or you may see some beached wales , turtles like to get on + off beach; they never wear clothes or go naked. Actually tide tables monthly , for example on\ VA outer coast can work well. But its not a prediction-LOL. Hurricanes happen. Average AUG temp for my area is 80's-90's average; but...
  7. M

    Market will NEVER top off at 4444

    %% ACTUALLY it bounced @ $444.44 area SPY\ looks like , it has to do more with a price below 50dma than chicom olympics:caution::caution: NOTa prediction .Good hunting to you
  8. M

    Burry's QQQ/SPY Puts

    %% Sounds mostly right; except QQQ buyers + seller$ know QQQ has no financial stock in QQQ. So that QQQ move made perfect sense. Some QQQ sellers + buyers may want to factor AUG + SEPT can be worst or weakest month$ for NQ or QQQ; or 50dma.........................................................
  9. M

    The tide is turning

    %% LOL, well SPY closed down below 50dma, yesterdays close. BUT waves are not the tide @ all. Good growth thread. SPYV, spy value tend to lose less + gain less, like a bond:D:D[Edit\ not a stock or bond tip]
  10. M

    What are ‘Big Short’ Michael Burry and Warren Buffett seeing that we aren’t?

    %% Maybe good global points, so many companies are now. Answer to your question,SURE can, because bonds so seldom do anywhere near what stocks, +SPY benchmark does. It maybe good bond selling points they average less loss than stock$, SPY ?? Cant really predict markets, nor can bonds predict...
  11. M

    Wise Trader

    %% WISDOM includes basic math also LOL:D:D. And wisdom never confuses ''luck'' with skill. JH trend follower noted ,what he calls '' luck''-- I call a small sample. Even someone that did more than$ 5 million; its matter of public record it took Rich dennis 6 or 7 years to make 1st million
  12. M

    Cocoa near all time high

    %% MAIN TREND is still up from 1973-74, so seller beware LOL. Assume my charts are right.[Different market but same principle, C is not near the uptrend some think\they reverse split it 10 times, so $42.42 on citigroup=$4.24, really.] [BUT i do some counter trend$ on SPY, short SPY =...
  13. M

    Burry, famous for 'Big Short,' bought bearish options against S&P, Nasdaq 100

    %% Good thing for me + trend following I dont own a watch @ all; computer clocks, calender$ , car clock, flip phone clock=FINE LOL.:D:D Ps I would not assume the ETF holders ''are underwater'' even if they bought in 2023, they may have sold many of them, by now. Even a 7% loss , is nothing, if...
  14. M

    William J. O'Neil, RIP

    %% IBD 50 dma is quite helpful , + i use more than that; even though any IBD info can be helpful. So i include, but not limit to50dma/200dma. ONE whole year with [STA]Stock Traders Almanac[by Hirsch] was in honor of WO'N[William O' Neil]:caution::caution:
  15. M

    Would you teach your kid Scalping?

    %% GOOD thing it was $10,000; that triggers a banking rule red flag if he ever moves the money:caution::caution: Even though a brokerage check would be easy to explain to any bank. Congrats on the profit. My mom loved me to write her, even when i did not live close+ she always sent postpaid...
  16. M

    Prudent Risk Management Is The Only True Edge In TRADING

    %% YES, you would, even though IBD also uses 40 week ma LOL. AND YOU probably have noticed ,iron chef[aka iron chief]; depending on if its an uptrend or downtrend; a 50 dma can be ahead of a 200 day moving av or vice versa. I dont use a 40 week ma, myself.:caution::caution::D:D[EDIT NOT...
  17. M

    Lawyer Compares Trump to Jesus Christ Ahead of Expected Indictment

    %% Interesting read:caution::caution:I hope its better than AI, they cant even[sometimes] get the differeence in SCHW log + SCHW logo/LOL I heard a Bible preacher say, a rich man knew he was dying so he called his CPA+ lawyer to his bedside. Then he said; I called you both here,, because like...
  18. M

    Unrigging Our Elections

    %5% Song says= I think my dog is a democrat; ....an ugly thing like that. He even tried to unionize the cat. [NOT] fun to have him around; if he ever barks about my right to bear arms\ have to put him down/ Bryon Lewis Song
  19. M

    What watches do you prefer?

    %% THAT; + car clock.......................:D:D
  20. M

    Big Vol small candle ??

    %% Volume is secondary so many times it means not much @ all; IN SPY benchmark larger candles are better than small ones + assume you are on the right side of the trend...........................................................................................
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