no, we are just going to post our trades as they happen. you know--long AOL @ 14.25 sold AOL @ 14---- you know. cool, i am happy to see you didn't split. it should be fun ! best, surf
The Murray's Yahoo Group thing hasn't accepted me in the group yet... I'll have to wait for them to approve and I'll try to bring one of MM Masters or Murray himself to the competition... I still want to do it for a week, intraday...
It is my understanding that is what this board is about, traders pushing one another. It is also my understanding that you are one of the best. Therefore, if there are gaps in MM, they will be found. Speaking of MSFT, after drawing a daily grid for this stock, it appears that a reversal is immenent. It will be short term as we are in a bear market environment. Upside target, 56.25 +/- .39 cents
Marketsurfer is about business, you are about games. You may come and watch professionals trade this friday, 1pm EST.
Really doesn't matter what you are saying about MSFT now, does it? What matters is what happens between 1:00pm and 4:00pm on Friday when you and surf meet in the chat room to decide who is the best trader, who gets bragging rights. Once you are vanquished, how are you gonna spin that one?
odd, thank you for the kind words. i think there is a misunderstanding--i have nothing against "murrey math". any system is better than no system. it is what i consider outrageous claims about murrey and his exploits that i question. how about this as our "challenge". i bet you MSFT will hit 51.25 before it hits 56.25. i have determined this using my methodology. lets see what happens ! best, surf
That is entirely possible, I am a time trader moreso than a price trader, so I am not nearly as precise with price as I am with identifying pivots in the market. I think that is a good challenge. I am aware of a very strong bear trend approaching. The support is not stong on the MM grids. They work very similarly to fib retracement grids, in that the strongest support comes when they line up on different time frames. None of them are lined up, so support could be easily broken. But I will stay with a dead cat to 56.25, and we will see how it does.