Search results

Hi, I know after 50 PTS up in the ES over the last 2 days it sounds ridiculous, but this market is looking more and more unstable. OTOH, maybe its a new regime and indicators I look @ don't work anymore. Whats everyone else seeing. I'm curious what intraday ES traders are seeing/thinking...

its probably like GOOG has been, goes sideways for a looonngg time while earnings grow disappoints both bears and bulls

good paying jobs for people who don't deserve them?

if you buy to live in, it can make sense. Generally, I don't think housing is cheap. If you consider the bubble started in 1998, and you look at what prices sold at before then in desirable areas, even in hard hit areas prices are still above inflation, they haven't even overshot to the downside...

if you short intraday fridays (ie short the open,and cover on the close) it has the best edge of day of the week systems. If thursday is up day overall it makes it better. not big edges though, if thursday is a up day the edge is only .58 ES pts with 43% wins since 2008 using SPY for...

also, if you are referring to the S&P, then +/- 10 pts is a 'breaking point' meaning you should look at strategies that are mean reverting or going against the trade IF the S&P is within 10 pts of its previous close, however, IF it goes beyond 10 PTS they you have to reverse and go WITH the...

yes, this generally for stocks, and definately indexes

intraday price action usually negative.

thats how it supposed to work, all the gains happen in the 'tails' ie a few stocks generate alot of return, problem is you dont know in advance which! :cool:

goog is weak, but if market keeps rallying it could start to squeeze, always the conundrum with these type of stocks, plus the 600 level when it breaks should give a nice plunge IF it can break

so why would it stop now or this year?

Once again, we're dealing with a failed government. Its a failure of government to allow any institutions to become so big or powerful that they can't fail without destroying the whole economy. Glad we fixed that! :confused:

With all the coverage about the debt/deficit, and no numbers, are they actually going to cut the debt or deficit. For example, one number being bandied about is $3 trillion. So are they going to actually cut the total debt over say 10 years, or cut the rate of growth of the deficit by $3...

Bitter Canadian, eh?

wow its becoming like movie trailers.. coming this fall 2011...

so stock777 == joe saluzzi?

Wrong question. You should be asking how little can you lose. The winners will take care of themselves. If you put on a trade that makes 10% in a month, it could also lose 10% in a month (volatility). You might hit a winner with high vol that gives you a great return, but what matters is what...

lifetime ban :D

i bought his book, and only some of the ideas presented could be backtested (I think there is one where if you get three up bars on some short-timeframe intraday go long, and opposite go short), they did no better than random or worse. Most of the idea presented couldn't be quantified or...

interesting thanks for posting