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  1. K

    Question from McMillan's book

    i have the fourth edition so I don't see what you are looking at, but obviously, this isn't true, the arbitragers would take care of it very quickly
  2. K

    toronto Trading Room?

    Im in, could someone message me the location if its already started?
  3. K

    How to buy the bottom

    If it was so stabilized that you could make money on short straddles, then the IV would drop cause the premium to drop, so then you wouldn't be able to raise a family selling short straddles.
  4. K

    Is it possible to make money automated trading?

    I was reading an interview with one of guys who's doing very well in automated trading championship, and he's said that he doesn't do automated trading with real money because its too hard to make money with all the slippage. Is this true? Because I've been working on making an EA for a...
  5. K

    How to buy the bottom

    why is that?
  6. K

    Poll: SPY,long or short?

    Yes its possible to fall below 126.48 without ending the bull market. (But once its broken that theres a good chance it'll break the bigger trend.) Heres what Im looking at, notice the strong trend line coming out of 2009 bottom. Hitting that would make it a third bottom.
  7. K

    Poll: SPY,long or short?

    If you look at the retracement volume then we haven't completed the retracement after the third leg. The other two retracements had HUGE volume, and the one you claim to be the third had barely anything, all it was was the stall on top, like the japan thing.
  8. K

    When will the volatility return?

    For the volatility to return there needs to be a big down move, not up.
  9. K

    We Have Topped

    A triangle pattern would be really great right now, like the one after the first greek haircut.
  10. K

    We Have Topped

    How do you guys interpret the spike in index put call ratio today? Smart money getting ready for a crash? Or Dumb money going short?(which would leave room for more rally)
  11. K

    A Beautiful chart

    Check out this chart of WPO a company with horrible fundamentals showing an extremely bearish pattern.
  12. K

    will regular short make you a evil person?

    Could you please explain your reasoning. I was thinking KMR was the best put play for earnings season.
  13. K

    SP500 Inverted H&S = Target of 1360

    BTW its not 1292, its more like 1295. Because its not vertical, its a trend line.
  14. K

    SP500 Inverted H&S = Target of 1360

    Inverse head and shoulders come after a downtrend, not an uptrend. What we have now is a double top retracement to a head and shoulders on the daily. On the third peak of head and shoulders weekly.
  15. K

    Charts, level 2 or both

    No. Knowing the sizes of the various Bids and Asks can give you an idea of support and resistance. For example If there are numerous bids with high sizes and numerous asks with small sizes it is very likely the stock will rise. This is because It would take so many orders to push price...
  16. K

    Charts, level 2 or both

    Level 2 is the most important. The books will almost always be teaching you the wrong stuff. Why do you think most traders are losers? Its because they read bullshit books.
  17. K

    So is there normally a Christmas-New Years rally?

    Not necessarily, there could be a wick poking through the resistance. However if my assumption is correct, Tuesday will close down.
  18. K

    So is there normally a Christmas-New Years rally?

    Yes. Not really, Im drawing it on SPX not SPY which is more accurate.
  19. K

    So is there normally a Christmas-New Years rally?

    Since August prices have been paying attention to lines more than ever! The line that we are at now (that was drawn in the chart) represents european debt. The first two bounces were when this crisis started. The third bounce was on the Greek bailout. So as long as the european...
  20. K

    Volume Spike December 16?

    thanks
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