Amgen In July

I'm not affiliated commercially with TradingMarkets and I have never communicated directly with Derrik. I have emailed Larry Connors and PM'd Dave Landry previously, and both have been very helpful. I have also used two $50 coupons {because I'm a tightwad} to purchase books from TradingMarkets, one of which I just received today and from what I have seen it is excellent material. The other book was excellent also. So for the cost of shipping I have received two excellent references, and have an open line with some cool insiders at TM who know a lot about trading and have never once tried to sell me anything.

The truth is there are several people here on ET that have the knowledge and experience to write books and run money. Some have done so. And yes.... ambition is exactly what it takes.

I bet Dan Marino could come here and try to help people learn how to throw a pass and he would get bashed for never having won a Super Bowl.... and probably by guys who throw like a girl.
 
Quote from jay123:



Hey Derrick Hobbs..you say your a trader just like the rest of us....Well how do you find the time to run a hedge fund. Sell snippets of your information for 395 dollars to people on TradingMarkets and have a 150 dollar per month trading newsletter? Oh yea and write a book. You sound like a very busy boy who is more interested in marketing his bull then actually trading. I bet you're just another can't trade marketer who comes here because he got hooked up with snake oil king website marketer like TradingMarkets. So take your sincere man of the people response and shove it right up where the sun doesn't shine. I can see your kind coming a mile away. You sell the shovel but you most certainly don't dig.
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Sorry you feel that way. Your perception is not reality.

Oh, this "shovel" I'm using to trade AMGN must be broken...The trade is only up 10 pts...can you help me "dig" out of this horrible trade.

With all my love,

Sincere Man of The People :D
 
Man of the people... you failed 1) to post year to date RESULTS OR 2) the name of your hedge fund. You failed the test buddy. I'm not gonna call you.

P.S. You still have an opportunity to redeem yourself by posting HERE either #1 or #2.
 
He offers to give you his number so you can speak with him personally and you don't accept that. Or you have it and don't call. You're not afraid to speak with someone you have been badmouthing are you?
 
Quote from traderkay:

Man of the people... you failed 1) to post year to date RESULTS OR 2) the name of your hedge fund. You failed the test buddy. I'm not gonna call you.

P.S. You still have an opportunity to redeem yourself by posting HERE either #1 or #2.
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The "man of the people" thing was me making light of the matter...

618 Capital Partners, LP

...I also emailed you personally so we can talk.

I know there's an ounce of love somewhere in ya Traderkay

-D
 
Hey Derrick your right...you have a great trade there in AMGN. I asked around to a few buddies and I didnt realize who you were in the trading world. Now I know...please dont have me whacked.
I am willing to punch your tickets or run out for your lunch to make up for any insults or discomfort I may have caused you. I am going to order your book about fib retracements as I have alot to learn and its great to be able to learn from a master like yourself. Once again Mr. Hobbs 1000 thousand apolgoies it wont happen again.
 
Quote from jay123:

Hey Derrick your right...you have a great trade there in AMGN. I asked around to a few buddies and I didnt realize who you were in the trading world. Now I know...please dont have me whacked.
I am willing to punch your tickets or run out for your lunch to make up for any insults or discomfort I may have caused you. I am going to order your book about fib retracements as I have alot to learn and its great to be able to learn from a master like yourself. Once again Mr. Hobbs 1000 thousand apolgoies it wont happen again.
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Thank you Jay. Who knew ET would have such a drama unfold. This is better than made for TV movies :p
 
Quote from Derrik Hobbs:



Thank you Jay. Who knew ET would have such a drama unfold. This is better than made for TV movies :p
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I emailed you for an updated chart and never got a response. What gives?
 
Based on the following I am covering the AMGN short:

1) Previous weekly decline was 17 weeks...this decline from the July high is now at 17 weeks...very symmetrical.

2) AMGN is approaching daily and weekly price support and with Tuesday's price action suggests we could be in for one of its 4 to 6 point countertrend rallies before continuing the downtrend.

So, I'm closin and runnin and waiting for that pullback to develop and look to get back on the horse. If I miss further downside...oh well...still a decent trade.

-D
 
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