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Indeed. Except for the fact that the margins are still at overnight levels right now, everything is working great.

Hey if you're in the 39.6% tax bracket, all of it from this gig, especially - well done!

B1S2 what do you mean? Short term cap gains were always taxed as regular income (here in the US).

What the hell is going on here, an hour straight down, then up, then straight down, now up again. Daytrader's delight, a swing trader's worst nightmare.

Looks like Friday's data was Naz and today's is NDX on the same chart. "?"

Yes it's amazing what we can discuss when we're not being pestered. Can't tell which way this is going right now - no conviction up or down. Brian?

Brian I'd make realtime calls but I'm busy trading and by the time I post them they'll be stale. Maybe I'll give it a whack anyway and see what happens. You use a trading plan or do you trade more or less by feel? You seem to make very good calls. You sound like you're in Europe.

Snack do you ever use the Heiken Ashi candlesticks on your tick charts? They're supposed to make trends easier to spot. I have on up on my 2-minute and it looks like it may help a bit.

Same here.

Auto, that guy causes nothing but trouble here by instigating and irking people and calls everyone childish names. I had had enough. I see his latest crap has been modded out so hopefully we can return to normalcy here.

Funny, snack, your story is similar to mine. I closed my engineering firm about 12 years ago due to economics and had a small kid to raise so I chose something I could do from home as a side job. Well now it's my only job, the wife is gone but the kid is still here and it still works great...

Thanks for the post bigsnack. I'm also an engineer and the hardest thing for me was to stop trying to figure out why the market does what it does and just go with it. And art - the day you contribute something positive in here instead of snippy posts and browbeating will be a notable event. "I...

Still short art? Or is it you only post closes to your winning trades and let the mistakes just disappear into the internet tubes.

If you don't believe someone why then do you ask?

I love these people who bitch they can't make money in the futures, not enough intraday movement, too slow, etc. THEY can't make money so no-one else can either.

I missed that down move but caught most of the rebound. Out right now

35 pts nq

Hear this: your shorts are in a bunch, my friend.

me agrees with romik. a test of the 3/23 highs looks quite likely

If it's news-related, they overreact. If it's not news, they overreact. If the fed speaks, they overreact. Sometimes the less I know, the better. You think too much in this business and you're drowning in minutia. Just trade what's put before you and act accordingly.