This is an unusual morning, isn't it? The low volume has something to do with it. Yesterday looks like a failure to traverse in the IT channel, but there's no immediate BO this morning.
Naysayers you won Jack left NOW IT IS YOUR TURN nothing is making you stay. and now that you have no one to criticize maybe you will. I have learned a lot for Jack and it seems if that we should be able to keep this thread going as a forum to discuss what he has taught us and help each other learn. I know much of the learning has come from people helping each other and I also can see that the entire intraday system is in this thread. If you don't believe this then leave we don't want you and no one is forcing you to be here. Unfortunately Jack is nolonger here to help but If the moderater would strike all the bullshit (I know i contributed) then maybe we could try to return this to a productive thread again. maybe just maybe he will come back If not I am a FAR superior trader for what Jack has 'showed' me and I owe him a huge debt of gratitude. there were three catagories of stuff that i wanted to learn from his that i haven't 1 his equity trading system- which there is a lot on 2 applying the futures system to a longer time frame 3 and... how to apply the methodology to other markets and how you determine what settings to use- he said that backtesters could be used to do this but I don't know how
the volume is realy really low the only time when ramdon walk theory applies (as jack said). I am guessing that non of us should be trading right now
Well, it looks like the lunatics are trying to take over the asylum here. Is there a moderater in the house? How is it possible for a handful of disgruntled, frustrated wanna be traders can constantly try to disrupt and destroy the most (IMHO) informative and insightful thread on trading I've read here. I can only hope that Trend Fader, baggerlord, Nonosense and the rest of their ilk will honor their commitment to not infect this thread anymore with any further posts. Now, what head up the arse trader wants to take that trade? On a more significant note, I want to take this rare opportunity (I'm a Grade A lurker, you see) to publicly express my appreciation to Jack and all the others who have put so much time and effort into sharing their insights on trading here. Let me assure you, your efforts have not gone in vain! I, and I'm sure a legion of other's like me in the lurker camp, have finally started to grasp the flows and rhythms that make up the market on a daily basis. My final wish is that we can keep the good times rolling and that I can go back peacefully to being a lurker here!
I"m starting my my labor day vacation early, this volume is truly a joke, its not even a market. Will spend the next days reviewing and watching. In the mean time, to all those who miss Jack; he left us with some unfinished business and I challenge you all to stay here, keep posting and work together to figure it all out. There is a HUGE amount to be gleaned from what is already here.