I still have my chillum from Anjuna. I'll smoke some. But my voodoo is working. Maybe tomorrow yours will? But let's talk about you. Easy trade, but no numbers posted so all bs. But today you're getting hammered and here's my experience at ET; you won't say a fckin word about the massive loss today and days will pass by and it will be forgotten. Then on your next winning day you'll be back waggin your tail. So, for the short memory of the HERD it would look like you're just winning all the time. Post your trade numbers, scammer. If it turns out you really are a winner, I'll be the first to congrat you.
PRICE is all one needs, but one is never sure about the interpretation, so at times its good to look at what's going on on the ground ... Nevada is next-door to me and 2 of my best buddies live there. The State of Nevada is now #1 in two categories: home foreclosures and joblessness. Nevada's unemployment rate reached 14% in May -- that's a record. Michigan moves to #2. What was the hotbed of the casino and condo construction boom just a few years ago is now the epicenter of mortgage crisis and unemployment. extracts from The Las Vegas Sun, june 15, 2010 ------------------------ Get the real true unemployment rate at the link below instead of the bs from the TV channels ... http://www.shadowstats.com/alternate_data/unemployment-charts ------------------------
caution for nano shorties: Dow Jones 60-min. is almost kissin the Fib 38.2% retracement of July 2 - July 13 grid. This is generally a strong support. You geniusses know what that means, right?
Post my trade numbers? Have you even looked at the other posts I've made? I've done just less than 4k roundtrips today. What I posted BEFORE IT HAPPENED was that CL was driving ES. Then I showed AFTER THAT what I was talking about. I'm not interested in giving entry points to pikers like you, I actually spend the day trading. Enjoy your short call and your paper profits... I'm not net long equities and don't plan on being at the moment. In fact, looking at my blotters it appears I was short more often than not today. BFD.
At the moment I'm long oil and gold, and short EURUSD, all via futures and ETFs. By the time you read this, likely at least one of those has changed.
current Dow Jones SHORT trade continues unabated Note that the Dow Jones April 26, 2010 TOP was cott by yours truly quite well. Even called Fat finger by calling a cascading waterfall decline. Doesn't mean I'll catch the current one, though. See last page http://www.elitetrader.com/vb/showthread.php?s=&threadid=179613&highlight=lambda April 15 post: reiterating TOP is imminent Now or @ 11,182 or 11,294 (=61.8%) Jones @ 200-wk m.a. = stiff resistance LTm.a. X 200 m.a. @ 1" to the left suggests cascading waterfall decline. April 21 post, just a few days before the top Continue to stay LONG if/when close < 10,990, close Long & go Short. +++ Short with close < 10,835 as in above post. Then the thread was closed on April 21 at my request, so could not update and narrow down the exit, but still on the Daily chart basis, the 10,990 stop mentioned above was taken out April 27, just one day after the top. So exit was April 27 and Short was called on reverse in advance as above. Not bad for a newbie with just 3 pairs of T-shirts and 4 jeans.
Dow Jones current SHORT continues both unabated and unabashed The June 21, 2010 top was also cott by yours truly. It was cott with baron as my tutor . It shocked him so much, that he closed the thread. http://www.elitetrader.com/vb/showthread.php?s=&threadid=168825 6-21 post: Dow Jones 1H (60-min.) just shy of 50% retracement ... If/when trendline breaks, TP + go Short instantly. If short occurs and looks feeble, be alert to TP and go Long at 38.2% or 200 m.a. which are just below - we could go up further to 61.8%. and today, July 17, just look at this piece of work on the Vix as a corroborative warning for reversal back then also on June 21: did I forget to mention .... ? "Vix daily is now almost at 78.6% retracement AND on the 200-day m.a. = a rocket northbound move?? = Dow Jones LONGS will need coffins in a hurry" "See what I mean? Huge Futures before the market open, everyone hugely bullish, but the Vix foretold at least a warning. We'll see after the session how good this warning actually was" Then the thread was closed, the same day, June 21. And adding this today, July 17, we do see how good the warning was. Amen! God, do I love TA (both varieties)
Some nice stuff for you ignoramusses (or is it ignoram(i))? You saw my Dow Jones exit call on April 27, just one day after the april 26 top, right? ... all info is in the last 2 posts with the appropriate links provided. Now dig this. Not bragging, but I already told you its hard to beat me on the daily chart (or the weekly or monthly) - but on realtime I'm a total dopehead, don't know doodly, but came here to learn to trade on 5-min.+60-min. from retards. You guys haven't shown me doodly. Mission to learn realtime trading has failed 4 times over by now. Anyway, no doubt you'v all heard about the famous DOW THEORY? Well, I studied that too, esp. considering its in the first section of the TA bible. The top experts in this Dow Theory field are Richard Russell, editor of DowTheoryLetters (a magnificent 90-yr old gent, just luv his honesty and clarity of thought), Jack Schannep, another very astute practitioner and editor of DowTheory.com, and of course Richard Moroney of Dow Theory forecasts. Well, dig this. I beat 'em all and beat Dow Theory too. And to prove it was not a fluke, I'll do it a few more times in the future. If I fail, OK, but I think I can beat 'em. Richard Russell called the reversal and new bearmarket on May 20, 3 weeks later than my call. The other 2 gents had not called it by the date of this article, but I'm quite sure they called it on June 29 on the closing violation. (unconfirmed that they did call it, its just my guess that they did so) There you have it. TA is a beautiful thng. That is why when I get banned from ET I shall study the TA bible, TA of stock trends 9th Ed. in depth for 6 months, 4 hours /day, 6 days/week. God, do I love it so! http://www.marketwatch.com/story/dow-theory-sees-bull-market-near-death-2010-06-16?siteid= Note: if you have trouble with the link, do a search for the article, Avoiding a death sentence Commentary: What erstwhile bull market must do to stay alive