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  1. M

    Gold - the POLL

    http://www.safehaven.com/showarticle.cfm?id=4331&pv=1 What's the Fed Up To With the Money Supply? by Robert McHugh Over the past two days, December 21st - when our first Hindenburg Omen (of whatever cluster is coming) - and Thursday December 22nd, the Federal Reserve has conducted one of...
  2. M

    Trading Dummies

    I watch this thread since the trading style somewhat matches my own. Surely you guys cashed in on MRVL today, no? Just curious.
  3. M

    Gold & Dollar

    Gold rising b/c euro is falling. Euro is a significant reserve currency. Gold's small liquidity relative to the euro makes it sensitive to euro movement.
  4. M

    The Surf Report

    I mean the physical limit of production capacity of oil. Yes, the current price spike is speculative and short-term, but the long-term trend for oil is bullish due to physical limits in the rate of extraction (not the amount of reserves). Comparing stocks to commodities is asinine.
  5. M

    The Surf Report

    Big Al omits any distinction between ultimate supply and production capacity limit (i.e., "peak oil"). If you can't get it out of the ground fast enough to meet demand, lookout. Greenspan's job is to delay the pain for as long as possible by helping us delude ourselves as long as possible until...
  6. M

    Giving up is hard to do......

    Cathy: Not sure if you are abandoning trading altogether, or just day trading. Day trading is gruelling and gut wrenching, albeit appealing to a certain personality type. I have never been able to profit consistently from day trading, although I enjoy the rush (until I lose). I make money swing...
  7. M

    Fading the opening gap

    It sounds like most of the simulations described in this thread concentrated on just one vehicle (e.g., NQ). There seems to be some disagreement about whether fading the gaps is profitable. My experience says that it is. However, my approach seems different than most. Instead of looking at a...
  8. M

    Perfection! Making You Think and Go . . . Huh!

    We never say so much as when we do not quite know what we want to say. We need few words when we have something to say, but all the words in all the dictionaries will not suffice when we have nothing to say and want desperately to say it. Eric Hoffer
  9. M

    Which is More Profitable - Swing Trading or Day Trading?

    I'm surprised by the strong consensus that swing trading is more profitable than day trading, since the impression one gets from reading the ET forums is that 90% of traders here are day traders. I should clarify the following statement: I believe A SUCCESSION OF strongly trending (in one...
  10. M

    Which is More Profitable - Swing Trading or Day Trading?

    My swing trading has suffered in this sideways market, but I have neither the time nor the stomach for full-time day trading. I haven't really tried day trading long enough term to compare it to my swing trading results, which are modest but consistent. When I do day trade, I like to exploit...
  11. M

    Pattern Day Trader Rule Clarification

    Your broker is eager for your commissions.
  12. M

    The Pain of History

    Who cares if the market trend is flat, even long-term, e.g., 40 years. Find a vehicle, like the QQQ, for example, that oscillates a few % a week, and learn how to be on the right side of the short-term fluctuation. NASAQ has been flat the last few months, but it hasn't prevented me from taking $...
  13. M

    Trading Large Gaps

    I backtested EOD gap up and gap down data to find optimum entry and exit points for trading such stocks at the next day's open. The analysis showed which trigger points were optimal for going long and short on these stocks. For example, if a stock gapped up more than 10% the first day (one of my...
  14. M

    Ingenious New Trading Strategy

    Just be sure to sell it before the bell.
  15. M

    Ingenious New Trading Strategy

    I was only half joking. I actually shorted ABIX yesterday after it had made a 100% gain, thinking it couldn't possibly go [much] higher. Wrong. Bitter and annoyed with these bubble stocks, this morning I bought VCMP at the 100% mark and exited at 200% to take back the $ that had been so rudely...
  16. M

    Ingenious New Trading Strategy

    Dude -- lighten up, I was joking.
  17. M

    Ingenious New Trading Strategy

    I have an ingenious new trading strategy. When the market opens, I watch my broker's "hot list" of top price % gainers. I buy the first one that breaks 100%. MACE, ABIX, VCMP -- you get the idea. Feel free to use my brilliant new strategy -- but try to keep it to yourselves. I know you ET'ers...
  18. M

    IPIX..anyone looking at this today

    Look at MACE. Same sector.
  19. M

    I have a few basic questions about trading as a career...

    Why don't you step off your high horse and deign to answer the young man's honest questions -- that way, you can get over your asshole phase and concentrate on shutting the fuck up.
  20. M

    Tasr never stops...

    Is IPIX the TASR or RIMM of tomorrow?
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