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since every time i play poker i get my ass handed too me, and it happens much less frequently in the stock market, my vote would be for poker being harder.

Generally speaking in the past when you have seen the type of action we have seen the last several months, with huge spikes down that do recover in the midst of good news, its the markets way of saying, hmmmmm.. Keep in mind that all could be well right now, though there are certainly some...

Well I could point to one thing that is very wrong with this rally, and that is that its been very very narrow. If you look at the Nasdaq 100 something like 40% of the entire gain for the year is from 4 or 5 stocks. As the DOW hit 14,000 we had nearly twice as many new lows and new highs (even...

The market is choppy because sometimes its trends and sometimes it does not. It could not be any other way. For the record though I think its trending petty well right now, no?

Traders want what they want. Everyone has a different style. Some people would rather have no volatility at all, others want HUGE voliatlity, some want something in between that. Some people would rather it go up, others down, some people actually favor a sideways market. Some just dont give a...

Each time this market has declined the bears have been way to eager to come out of their caves and say " I told you so, I told you so" Makes me a bit nervous. That said I have been bearish and not buying anything for several months, I starting shorting the Russell heavily the day that the DOW...

Chugga Chugga CHOOOO CHOOO. (the sound of a train) Guy #1 (Not standing on the tracks, tallking to Guy #2 who is standing on the the tracks) "You better get out of the way, a mile long frieght train is coming full speed down the tracks" Guy #2. "It will stop" Guy #1. "Its a train, it...

A little late to the party, but still probably profitable. Another one in the same situation is CORS. Brandon

I'm not really famililar wtih all the rooms out there anymore, but I do know that Vad (Realitytrader) is one of the better guys out there. Personally I like text for a room rather than voice, video in that its not so distracting and you have a log, many other people feel the same. LBR is also...

They have been doing that forever, offering "frachise" opportunities. I don't understand why anyone but a fool would take them up on it, simply because you can create your own material fairly easily and make good money in this business and not then have to share it with them. Brandon

Buying simply because there is blood in the streets is generally a good strategy to use if you want to make sure your blood is part of the pool. In case you'd like to escape having a major arterial tear and needing a blood transfusion buying simply because there is a great amount of fear and...

I can not think of too many good things to say about the market at this point in time, very important groups are breaking down as well as leading stocks. Interest rate sensative groups esp are getting hammered. Currently I am short the MDY and the UTH. I will do some research and try to find the...

Is it just me, or has anyone else been having trouble with their homepage all morning too?

Honest to god putting up a poll like this is the same as putting up a poll also asking if a young trader is going to go out on a saturday night and try to get laid. The likely reply is yes. Why, well the fact that he is a guy has much more to do with it than the fact that he is a trader, but...

Ok, so you got us on a technicality. Here is what I would say is a good sign that there is a "top" coming" in the HF world...very simply that I'v been able to accumulate a rather good sized one. Now, this is not to say anything negative about me, in fact I think I work harder than just about...

See pic

While I don't agree with anything she says and I think she is a traitorous cunt, you could hardly argue that she made a mess of The View since its ratings during the time she hosted stayed very high and the show was highlighted almost nightly on the evening news for this thing or that thing...

First of all I want to apologize that over the last couple of days I have not put out a great bit of commentary. This will remain the case for the next few days though because along with a dull market we have family around that I have to be entertaining and whatnot during the day and evening. I...

Whenever I was sitting on my butt not doing much my grandfather used to start in about how there sure seemed to be a whole lotta nothing going on: Well yesterday in the market, it seemed as though there was a whole lotta nothin goin on for sure. About the only thing of note would be that you...

I hope everyone is enjoying this journal, and also seeing that you can be wrong and still make money...thats always been for me an important part of my overall success. If you do have any comments or questions as we go along please feel free to post them here...it is my hope that this can become...