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McMaster University in Canada.

I admit that I didn't see the bit about "going home naked". It's sometimes hard to find the substance in all the verbiage. Tycoon

Thanks, Alan. Btw, I love your book! Regards, Tycoon

Folks, I don't know where you got the crazy idea that his former hedge fund is out of money. His bio clearly states: "Todd Harrison is the former president and head trader at a $400 Million dollar New York-based hedge fund." I assume that the $400 million figure was reasonably accurate as...

Todd's good, but let's not elevate him to god-like status. At 3:42pm today, he wrote: "I hopped into two legs of my bear costume (50% conviction on the short side) right around S&P 850...What I'm digesting right now...is whether I've got an adequate edge to go home furry." Clearly, he has a...

I think Todd shouldn't have slipped into his bear costume today. The Semis have tailed up, and volume has reached a crescendo in lots of tech stocks. I think that portends a rally on Monday. Just my 2 cents. Tycoon

It was Goran Yordanoff. I think he was also on WebFN for a while, until he mysteriously disappeared from there too. Tycoon

At this point, I think the SPX could rally back to resistance at 875. The SOX has tailed up on the daily and breadth on the SPX is pretty darn good. Also, the bad news from AMAT has failed to ignite much selling in the Nazz, which is a bullish sign. But, as I said before, this is not "the"...

I have been looking for this man: He used to write some great articles at TM, but vanished more than a year ago. Does anyone know if he's still writing? Where can I find him? Tycoon

Most traders believe in the dictum "discipline over conviction". Maybe I'm a fool, but I certainly don't. Discipline is what stops you out of trades needlessly; conviction keeps you in so that you can reap the potential rewards. That's especially true in my case, because I also defer to the...

You can get 'em from Barron's, but they're a bit old. If you want timely reports, I think you've gotta fork over some $$$. Tycoon

Dude, I always use the fundamentals. First, the book value has been inflated by intangibles like goodwill. Today's write-off is a testament to that. Second, you think time Warner will be spun off? Not gonna happen anytime soon because the capital markets are in terrible shape. And, third...

This ain't no bottom. It's just a rally back to resistance. A bottom will be in place when volume surges, creating a wash-out low. Tycoon

Yeah, but most of the loss is non-cash. Btw, why is AOL such a compelling investment? I think it's a dog. Tycoon

You're in a very dangerous situation, my friend. I don't think you actually have a stop loss in place; and if you do, you'll just remove it when the stock starts hurtling towards your stop-out level because, let's face it: you don't have the heart to sell. How do I know that? A guy who says...

The ECB is arguably behind the curve in reducing interest rates now that Europe is showing clear signs of slowing down and possibly entering a recession. Macro funds are trying to capitalize on that by purchasing euro 2-yr notes, and that's obviously a boon to the euro. But I'm not terribly...

Volume analysis helps, in that regard. After a long uptrend, a narrow-range day accompanied by heavy-volume tells us that supply is catching up with demand. A big rally accompanied by light volume tells us that price is moving higher because sellers have dried up -- as opposed to a huge inflow...

It depends on which patterns you're talking about. Moving averages and the like are self-fulfilling, but I would contend that double tops/bottoms, jap. candlesticks etc. are true manifestations of human psychology. They would have predictive value even if no one knew about TA. Tycoon

To verify my claim, we can use a thought experiment in which everyone is using TA. In that case, surfer's example would not work at all. According to surfer: "a large trend following hedge fund is watching the resistance line at 8777 on the djia. price breaks the line by the funds...

Btw, here's a (somewhat dated) chart of gold bullion. There's some minor resistance at $375, which isn't too far from the current price of ~$368.