Yes. We all enjoy paying more than $4.00 a gallon for gas. Everyone is so happy there are tears.
Hi Tokyo, How many point stop do you use on the YM? I am starting to wonder if a tight stop like 10 points might be better than a looser...
Not to worry. Now the analysts are saying the valuation is good. It is always good times for the analysts.
I agree completely. What if you were doing CC on Bear Stearns, Countrywide, etc.? I got burned doing CC on XHB (the housing sector) last...
As housing prices come down, they might start to put it in the calculations.
Wow, I didn't realize it was that bad. Bunch of BS and lies. Now that they talk about recessions, I wonder if it is time for a temporary...
Absolutely agree with you. It can be better to trade what you actually see then some correlations.
I used to subscribe to Hubert' s newsletter at Tradethemarkets.com. He tape reads the YM. He brackets the trading range and either buys the...
Futures trading is great. Just one line, no detail.
Time to back up the truck on commodites, as Cramer would say.
Time to pile in H&R Block. He recommended it yesterday. :p
It is how many times the "bottom" has been in according to the experts that appear on CNBC, Bloomberg, etc. If not a bottom, the market is...
There is no such is thing as "no possibility"
Looking forward to additional posts from jjrvat. Slowly taking in the concepts of this thread.
I totally agree. With a family and mortgage, 50K is very undercapitalized. A seasoned futures trader might make it with 50k, but there would be...
Don't forget B-52 Ben's pal, good old Paulson. He said housing has bottomed around August 2007. Yeah, right.
The trading style described in this thread is by far the best I have seen. The AHG thread is also very good. I have been trading YM using a...
Sounds like things are going to look like Mad Max. Well, at least we will have a boatload of $$ bills printed by B-52 Ben.
Didn't he say financials has bottomed a while back?
TS Down in los angeles area. I thought it was the CBOT again, but everything froze.
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