From memory i think you mentioned in the past that you use Fibs in your Ta is that correct, do you also incorporate Fibs with pattern recognition?
They say the human mind is wired to lose in day trading, such as that large amounts of money without any effort are unnaturally unhealthy for a person. Think outside the scope of money as if you're in a lab counting numbers instead of trying to make a living or get rich. When you stop caring, you tend to do well(people trade because they care dearly about money)...the paradox of desire is that it never lets you know both sides at the same time.
My goodness I need to have some beers with you some day. You sound as sad and regretful of the end of that ATM-punching era as I would if I were to talk about it. Thank goodness trades are no longer $10 each side, including partials (Ameritrade, even though that was cheap in '97), . Stuart: "Let's light this candle! " Datek cut that quite a bit when they came out. The end of that era and solidity of my approach back then ended for me when MPPP ipo (mp3.com) opened at $100 and closed the day at $60 or so. I think I started buying the easy-money dip at $90. My approach was never quite the same after that, and neither were .com ipos.