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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?


To: CharlieChina who wrote (7634)5/21/2004 10:39:56 AM
From: quasi-geezer  Respond to of 60903
 
dude, are you Rodney Gorchinsky ???



To: CharlieChina who wrote (7634)5/21/2004 12:18:01 PM
From: CharlieChina  Read Replies (2) | Respond to of 60903
 
Sorry,... calculation Error,... from FIZZ

Follow the ranges.

The clustering-cells have mutated over the past 5-trading days, thus producing a unstable level at 10,100. Therefore, the FIZZ number has changed to 10,400 to permit and disable the volatility ranges,... The confirmed breakout is 10,575, however, the first indication of a massive breakout-in-progress is 10,400,... Keep your eye on the bouncing FIZZ number of,... 10,400.

RANGES:
Breakout Over 10,575
--------------------------------------
Slippage 10,575 - 10,500
Noise 10,400 - 10,000 ... FIZZ ... 10,400
--------------------------------------
Breakdown Under 10,000

DOW EXTENDED FORECAST:
End of 2004 or earlier: 12,500 - 14,000

See you all Tuesday,.... FIZZ,... out,...



To: CharlieChina who wrote (7634)5/21/2004 1:29:31 PM
From: Michael Watkins  Read Replies (1) | Respond to of 60903
 
Reviewing the staple-min-data-cells,... the probability of profit for swing and day traders has been reduced to 18%.

Hence, if you are swing or day trading this market between 10,250 - 9950,... you are being mislead by OTHERS,...


Clearly you don't know the difference between swing and day trading.

The intraday trader could care less where price is ultimately going, since they go home flat each day. All the intraday trader cares about is volatility.

For example:
10:33:04 Mike: BUY STOP LIMIT 1/4 siz e 1092.

trendvue.com

11:14:31 Mike: starting to get beyond stretched.
11:14:41 Mike: exiting in 10 second or less here.
11:14:50 Mike: 8,7,6
11:14:54 Mike: 4,3,2
11:15:22 Mike: that lsat second takes alongt itme but I am out.

The swing trader, on the other hand does need direction and velocity in order to achieve goals with a minimum of risk to capital.

Last comment:

Who are you to comment on misleading others? Is your idea to buy and hold while price drops? Your "portfolio" was down -26.98% as of the close yesterday.

even if the market tanks next week, buying here would be more sensible than your holding through such steep losses.

Beware of the bat:
economist.com