Gary_Fullett joined. sweet_pea joined. sweet_pea left. sweet_pea joined. stockseller joined. rhonda Good Evening Amos joined. JP joined. Amos I am early today rhonda Hello Amos stockseller Hi all JP hi rhonda ~ amos ~ everyone Amos Perhaps trying too hard stockseller left. Nick it was either American Idol or you and here I am stockseller joined. Amos America idols are a dime a dozen JP I was out of town the last 7 days ~ missed last week Nick You must not know what that show is about Nick the winner gets a bit more than a dime Amos It is all over and we get it here Amos Mostly it is about humiliation] Nick this is true stockseller Amos you still In Israel? Nick but self inflicted Amos Let me go out and check... sweet_pea gong show revisited. lol. Amos Yes. I am stockseller Which part? Amos Haifa Nick all of him stockseller Cool I have family there! Amos nice Amos What if i bold myself is that better? rhonda yes Amos I just knighted myself Nick you are a bold person sweet_pea looks good on u. Amos There are bold traders and old traders but no old and bold traders Nick need a little color rhonda lol Doc_K joined. sweet_pea once a knight/night, that's enough. Nick ehhhh, what's up Doc sweet_pea ty ed seykota. Amos not funny-one of Wall Street most true cliches swetz joined. Amos once is not enough. jacklin Suzanne sweet_pea a sequel? Amos a squeel Doc_K hello all sweet_pea lol. Doc_K u 2 nick Nick nice color swetz howdy Amos and all ::biggrin Doc_K cl up ng down Nick sweats Dave_M hey steve Amos I reread the Gambler today warren joined. Nick not good Doc Amos Know when to hold them jc joined. Amos know when to fold them sweet_pea howdy doody. Amos know when to walk away, know when to run Steve_W joined. swetz is this Amos or Kenny Rogers? ::smile sweet_pea dickson watts-either run away quickly or not at all. Doc_K depends nick Amos Kamos rogers swetz lol Amos Gary must be busy PaulYee joined. scotch joined. stockseller Missigenah Amos! Amos More like Dearbornah Amos Amos If you want me to start-- ok by me, or wait for the boss? vj joined. kent joined. Doc_K start my vote BBob joined. Amos I think Gary posted the list of points I sent him, rhonda yes Dave_M hi bob Doc_K y Dave_M not started yet Art joined. sweet_pea raise the curtain. let the show begin. Amos It is simply highlites of what I already said, just headlines AllenH G Eve All... Art good evening Amos There is lots of stuff there-- and the more you repeat it-- the more it gets to be a habit Dave_M list of points on archieves dated 1/24 bib Amos Good traders are VERY HABITUAL Larry joined. sweet_pea is a mistake to reinforce lateness. Kelley joined. Amos Of course some also inculcate BAD habits--and they are doomed Amos Marian Von Savant wrote a book: "Why I had to forget everything I ever learned in school" vj Hello all ::rose Amos Getting rid of BAD HABITS is very hard Amos In general, to Relearn is VERY HARD Amos That is why a good teacher at the START of your way is crucial sweet_pea do u know any other savants?lol. Amos Mostly to ROOT OUT Bad thinking and bad habits Amos Most of us are NOT USED to think in terms of manipulation and weakness of humans Amos Most of us are NOT aware of time manipulation Amos most of us are not aware how BAD OBSERVERS WE ARE Amos most of us are not aware how EASILY we can be manipulated Amos If you are not aware of your weakness--you are prey Emile joined. Amos I feel bad that Gary is not here Amos Can someone call him? Gary_Fullett i am Gary_Fullett im here Amos Ahh the silent monitor Gary_Fullett naw listening Amos Ok, not to get lost asea I will go over the points I mailed, even tho the ORDER is not the best Amos I emphasize the word models Amos I told you I use about 10-15 of them Amos Most of them deal with price and time Amos I pay VERY STRON ATTENTION to High and low of PREVIOUS TIME FRAMES Amos If you continue to do so--You will Not make MAJOR MISTAKES Amos The bane of this business is BIG MISTAKES Amos When they say that it is alright to lose many times and you can still get ahead of the game-- Amos IT IS ONLY TRUE if you avoid BIG MISTAKES Amos A big mistake, invariably is one when you THINK you are with the LARGE TREND and you are INSISTING that it is only a matter of time before the market TURNS YOUR WAY Amos Period Amos What you do is ADD TO LOSERS. You PYRAMID, Amos That is why very simply MONEY MGMT rules can save the day. Amos It is rather easy to show it with a graph--but we do not have hotcomm yet-- I hope one of these days gary will find a way to finance hotcomm--and then things will get much better Amos If you want to GUESS a TURN--OK TO DO it WITH ONE CONTRACT! Amos But if you ADD TO LOSERS--You are going to give back large chunk of your profit several times a year and thus Amos You will turn what could be 100% return into a 20% return Amos It is EASY TO MAKE MONEY because you have ENOUGH tools to identify several times a year-- GOOD SITUATIONS Amos But when you try to force the market to go your way--and you trade EVEN A LITTLE out of your league--poof goes the money Amos If you are a 2 lot trader--and at one point you decide to put 5 contracts and become STUBBORN-- the market will ALWAYS play Murphy on you Amos and you Know that Murphy was an optimist Amos IOK, back to the models Amos I use very simply models. Amos I told you that the basic pattern I ALWAYS TRADE is DB DT Amos For example Amos Why did the BP break today? Amos I does not have any straight model Amos But I have been following like a hawk the GBP/JPY Amos I even wrote about it at GVI --The Forex forum I particpate in Amos What did I say? Amos Just this: Amos The BP JY spread is sitting at a 9 year Double top. It is very interesting to watch Amos And indeed, the market got there, very patiently and then SNAPPED Amos DO NOT THINK THAT WHAT Y OU SEE IS WHAT EVERYBODY* ELSE SEES Amos One thing that gets me many times-- I think: THIS IS TOO OBVIOUS IT IS NOT GOING TO WORK Amos NOT TRUE JulieH Just curious Amos what is the signifcance of that spread relationship? sweet_pea bp was up 8 consec. days. stretched elastic ready for kr and thrust. Amos You operate here on a DIFFERENT LEVEL and If you look at those situations that are CLEAR (mostly on the large time frames--you will be a winner Amos Julie, the only "true" statment I can give you is that the CM IS MONTIORING IT JulieH fair enough Amos All the explanations about interest differences between Britain and Japan (interest rates in Japan has been zero for several years) Amos Would be part of information manipulation Amos The fact is that the market is getting to a point it was in 1998 and first time it gets there--ALL SMART MONEY IS A SELLER Amos It does not have to happen INSTANTANEOUSLY Amos hard word to type swetz ::smile Amos BUT if you are aware of those points--You have a HIGH LOK TRADE! JohnF joined. Amos I count day Amos days Amos When all is said and done-- trend is made of sequence of rallies and reactions. Amos The best you can do is compare rally to rally and reactiono to reaction Amos I told you that in my opinion markets are symmetrical. Dave_M hey john .. list of points on archieves dated 1/24 hugh joined. Amos It has to do with human nature and the more you SKEW away from Symmetry-- the more information you get about the strenght of supply or demand JulieH certainly some symetry in the moves of BP and JY today JohnF got them. Thank you dave Amos If I sift thru time frames and I find that we are getting to an important previous support resistance anywhere-- I CONCENTRATE ON THAT TRADE sweet_pea not always get normal curves. Amos I said that it is IMPOSSIBLE to be a MULTIPLE Time frame traders-- Amos and this is a painful thought. Amos If you want to be a long term trader-- you MUST accept some large and PAINFUL SWINGS against you. Amos Some pepole, like Warren Buffet--are EXCELLENT in this Amos Some people--simply get crashed Amos You have to learn this about yourself Amos ThE MOST IMPORTANT THING ABOUT THIS IS THIS: Amos If you want to be a LONG TERM TRADER- NEVER PUT A LARGER POSITION THAN YOU CAN AFFORD AT 100% retracement! Amos If you want to ride a trend-- BE PREPARED FOR MAXIMUM REACTION AGAINST Y OU vj Do you think a long term trader should be very good at fundamental analysys? Amos If you cannot afford it-- LOWER THE NUMBER OF CONTRACTS YOUR TRADE vj like warren buffet Amos To me, CORRECT TECHNICAL ANALYSIS is the EPITOME of FUndamental analysis Amos Because I view the Chart bars as nothing but continuous battle Amos between supply ands demand Amos If you remember how I explained the MEANING of HIGH AND LOW-- High being "INFINITE" supply and Low being "INFINITE DEMAND"-- Amos then My Technical analysis is fundamental analysis at its purest phase Amos I mentioned that some markets DO NOT obey the pure Wyckoff principle. Amos The reason for that is that they DO NOT NEED TO DO the elaborat process that Wyckoff describes with his 19 points of accumulation and distribution Alvin joined. Amos They simply have more information about the public because THEY SEE their position in the BANK Amos This is why you can get many more "V" bottoms and tops in Forex Amos Also--they HIDE in FOREX (over 2 trillion $ a day) VOLUME Amos You do get good inkling from CME, but you DO NOT KN OW THE SIZE and strike prices of the OPTIONS Amos And those KO and NT and DOUBLE NT options--are the thing that dictate prices Amos A trading range in Forex-- Is MOSTLY CREATED BY OPTION SELLERS! Amos They KNOW when large options expire and UNTIL THEY DO-- THE MARKET WILL REMAIN IN PLACE Amos It is NOT NICE to say such things-- But I paid DEARLY to learn this Amos So when peope talk about buba, and MOF and Sorros and Repatriation and Bernanake and this and that-- it is all ONE BIG LIE Amos MOF is MINSTER OF FINANCE to the dirty old men amongst you Amos I said that you CANNOT MAKE MONEY EVERY DAY Amos (except JoeK of course) kent lol swetz lol BBob swetzinator can JohnF go JOE and SW!!!! swetz ::ninja JohnF ::ninja Amos Those who make money every day--LOST, at times on their positions--but IGNORE IT Amos Linda said you make money 3 out 18 days Amos now this is very important Amos If you can sit and wait until you see something that is clear and has high LOK (level of knowledge) and trade 2-3 times a week... YOU ARE STRONG Amos Because you are SIFTING, WEEDING OUT, SELECTING Amos in the long run-- TRADE SELECTION IS THE SECRET OF SUCCESS Amos When I say trade selection-- you must, ofcourse determin what models y ou are using-- but the trick is-- TO LOOK FOR SITUATIONS THAT ARE ALREADY THERE Amos To try TO FIND A TRADE EVERY DAY-- is a LOSING PROPOSITION Amos You must look around for situations that have a good chance of success. Amos I made money in the BP/JY spread BECAUSE I WAITED FOR IT and WAITED TILL IT WAS READY JulieH The trade this week was shorting BPH Amos If you sit here and all day long just ALERT THE GROUP OF POTENTIAL TRADES-- YOU WILL MAKE MONEY Amos For example if y ou look at the SEMI ANNUAL CHART OF THE Y EN JulieH oone trade a week lIKE THat can make 5K with justa few lots Amos and you connect the last 2 lows-- we are sitting at a POTENTIAL 8 years uptrendline! Amos This is the type of information you should SHARE WITH EACH OTHER. Amos I am not a great fan of trendlines-- but I DO PAY ATTENTION TO MAJOR ONES and I know that IF THE MARKET chooses to pay attention to them-- I am a winner Amos look at the double top of google at 510--this is a gift! Amos These thing HAPPEN--but you MUST BE LOOKING AT THEM Amos If you look at stocks-- TRY TO FIND MODELS THAT HAPPEN IN THEM Amos The best model I like in stocks is VOB and VOT Amos ALAS! They happen rarely and when they happen --they happen in all stocks (almost) Amos If you are looking at J&B--- just alert the group in which stocks you see this happen Amos You should be hunters. Amos A hunter sits in the bush and waits patiently for the deer to pass by. Amos Waiting for the deer is very good JP left. Amos Waiting is NOT a Passive action Amos in the market place it means to sit in front of the computer and SIFT NON STOP Amos I sit in front of the computer almost 16 hours a day. Amos ALL I DO IS SCAN CHARTS NON STOp and have alerts at diffenet prices JulieH You took words from my mouth. I always watch even if I don't trade Amos You should NEVER LOOK at ONE time frame for more than 2-3 minutes. Amos You should ALWAYS look for SYNNERGY from higher time frames. Amos One of these days I would like to go with you over Taylor's philosophy BBob did you take that fmcn trade swetz swetz yes Bob, I said I did yesterday Amos I cannot trade taylor, but the ESSENCE of his philosophy is wonderful Amos It forces you to think in terms of DAILY CHARTS and pay attention to repetitions in the market place. swetz that would be great Amos, if you could do that with us Amos I have to prepare it tho, because it is not that easy to follow.--perhaps it will even help me clean some thought swetz exactly Amos - was tough for me to follow Amos One bad thing about the "trend" is that it is an INDIVIDUAL THINGY Amos WE DETERMINE what the trend is. Amos People refuse to accept it and they claim to be "OBJECTIVE" Amos Well this is ridiculolus Amos To say "I AM OBJECTIVE" is an oxymoron Amos There is no simple soltution to this problem Amos The only one I KNOW is "WHEN IN DOUBT, DONT GET OUT, BUT GO TO THE HIGHER TIME FRAME" JulieH INteresting idea Amos JulieH powerful in its elegance Amos This is not the holy grail--you can still be wrong--like the dow in 1987-- the ONLY TIME FRAME THAT DID NOT LIE was the YEARLY Amos But how many people can trade yearly charts? swetz not me Amos So many of these cliches--are easier said than done Amos BUT IF YOU KEEP THESE THINGS IN YOUR NIND-- YOU ARE WELL AHEAD OF THE GAME Amos The purpose of this room , in my opinion , is to create an environment Amos where the GROUP PROTECTS ITSELF Amos I like to think of Alexander Dumas Amos The 3 ro 4 muskateers Amos Do you know whe tye 3 muskateers were invincible? vj If the trade is initiated looking at the daily and weekly and they say sell, but the yearly says hold, shouldnt precedence be given to daily and weekly as they were the time frames used to initiate the trade? swetz one for all and all for one swetz ::smile vj sorry to interrupt :) Amos Because EACH ONE OF THEM KNEW AHT HIS BACK IS PROTECTED BY TWO GOOD SWORDSMEN Amos vj very good question--it should determin your boldness and the size of your position Amos The best feature of a room like yours is if you can learn to POINT TO WEAKNESSES and protect each other from making GRAVE MISTAKES Amos Then if you add the SEARCH ENGINE that you can create--and ALERT THE GROUP FOR GOOD TRADES-- you got it made Amos VOILA, I just realised how I can urge you to do it. Amos From now on--EVERY TIME I SEE AN IMPORTANT SITUATION-- I will email Gary and he can bring it to y ou--and you can DISCUSS THE TRADE vj Didnt understand your answer Amos, but will ask you later Amos vj--when you ask a good question-- the answer is convoluted kent sounds great to me Amos :) vj true Amos But I want you to SHARE Dave_M Sure amos ...throw in a stock or two for JohnF that would be great amos!! Amos I want you to follow too Dave_M us bottom feeders :) JohnF lol dave Amos Perhapse I start a vein of thought or action--but You MUST participate. vj np at all. will do Amos Perhapse, you can even organize yourself as a group and ASSIGN DIFFERENT SECTORS, DIFFERENT areas to each of you and so you will look for GOOD TRADES JulieH I think everyone has a market they speciale in.You cant watch all s we should help out Dave_M got your back :) JulieH Me I like BP and CD Amos Julie--this is PRECISELY MY POINT. JohnF I havent traded any commods but have learned a lot seeing everyone in daily chat JulieH others like metals Amos If you "HAVE A MARKET"-- you LOSE Amos YOU DO NOT TRADE MARKETS-- YOU TRADE WYCKOFF BEHAVIOUR Emile left. Amos Try to find markets that ALREADY EXHIBIT A READINESS TO MOVE Emile joined. JulieH I see your point Amos; mine was that it is quite a cognitive load to watch all markets Amos Again this has to do with the two approaches to this business Amos We are TRADING AS A BUSINESS but there is also the BUSINESS OF TRADIHNG. Amos Tading as a business--is searching every day for the BEST TRADE with the highest chance to make money. Amos We are gold diggers. Amos If you dig ONE VEIN and the gold is 10 feet to your right-- you will not make money JulieH It is nice though that because I dont lease or own a seat I am a"free agent" and can go to any market that has a good set-up Amos Perhaps, I shold try to start it by personal example and then the thing will sink Amos Ok, lets veer for a moment and talk about January Amos We are getting to the end of january Amos Many times January is the "OPENING RANGE" of the year. Amos It is not a bad idea to think that way. It is the Steinhardt model Amos Think of Jany\uary as a "trading range " and go with the break out. Amos Of courses, the LARGER TIME FRAME PREVAILS!--but nonetheless it is not bad to look at it Amos The stock makret is trying to close January at the high. Amos If it does-- you can expect at least a nominal higher high in Feb. al joined. Amos You can see that the NASDAQ is telling a DIFFERENT STORY and this is important Amos I also like to look at the two other compoents of the DOW-- Transport and util Amos Transport are weaker than the dow Amos Usually this is NOT BULLISH Amos For some reason-perhaps there are good fundamental reasons--the transport is a leader Amos Russel, too is at a double top. Amos and the S and P is still fighting below 2000 high Amos So you get a mixed picture Amos how ever--I urge y ou to sit and discuss the various markets as January comes to a close and try to gather thoughts and ideas--what the type of RANGE and CLOSE of the month is telling us Amos Gathering such information and thin king aloud can be very useful Amos in the next few days look at the monthly charts of Metals, Grains, energy, Softs, Currencies, Lumber, Live etc Amos The more you look at those charts the more you see things Amos It will be very interesting if you come to some group agreement about any of those charts. Amos Looking at a chart SHOULD NOT LEAD TO A TRADE Amos It should give you a GENERAL FEELING as to the MONTHLY TREND and the LIKELIHOOD of things to come. Amos Again , I am against PREDICTION-- TElling the market where it will go Amos But rather saying: "IF FEB DOES THIS--THEN I CAN ASSUME THIS" Amos If THIS IS WHAT WILL HAPPEN--THEN--THIS IS LIKELY TO HAPPEN Amos I cannot OVER EMPHASIZE THE SIGNIFICANCE Of the Amos "IF --THEN" paradigm Amos If you condition to think that way-- You are well ahead of the game Amos ONE OF OUR MOST TERRIBLE WEAKNESSES is that we are EASILY CONDITIONED Amos One of the curses of the market is STM Amos SHORT TERM MEMORY Amos Notice how most data systems do not give you more than 10-15 years of data? Amos WHY? Amos they say it is because Amos of computer memory? Amos Bull pucky swetz lol Amos You can string memories into USB to infinity stockseller left. Amos The reason is that the market does NOT want you to know history. It HIDES long term charts Amos Look at many markets and you will see how they tend to condition you to think a certain way--and since MOST PEOPLE do not put on their chart more than a few months of data---all they see is what happend RECENTLY Amos We are conditioned to think that the market will reopeat itself Amos After all our lives are repetitious Amos The son rises, we eat three meals, we go to sleep, we watch football Amos Our life is ONE BIG REPETITION BBob widgets and digits Amos The market makes y ou think and HOPE it will do the same Amos WRONG JulieH ANd that is inductive reasoning Amos However--you are lucky to know that there IS LOGIC behind market moves and that someone MANIPULATES THE MARKET JulieH versus deductive reasoning Amos and that markets MUST ALTERNATE. Amos This subject of Short term memory and how the market manipulates it-- is very important. stockseller joined. Amos One day I weill prepare a presentation of examples and mail it to Gary-- you may get shocked. Amos We simply are NOT aware how WELL THE MARKET is playing with us Amos MUCH LIKE URI GELLER vj that will be ::up swetz lol swetz bending spoons with your mind and trading Wyckoff - a lethal combination ::smile Amos Ask some questions JohnF ::ninja stockseller left. swetz Amos - you mentioned earlier about VOB and VOT seem to be the best models for stocks swetz can you think of any stock charts as examples of these 2 models? Amos True VOB means simply that the CM is NOT HIDING HIS MOVES ANY LONGER and he has already ACCUMULTED HIS POSITION and he does not mind of y ou follow him Amos So this is as CLOSE TO THE TRUTH ABOUT CM intentions as it comes Amos vj asked earlier a good question: vj :) Amos What do you do when your daily and monthly are contrary to the yearly Amos This ties to a larger question--HOW DOES YOUR TRADING AFFECT YOUR TRADING Amos Give you an example Amos I am a very powerful trader with winners and a rather Lousdy one with losers. Amos When I sit on a winnig position--I can trade counter moves with it with amazing accuracy. Amos Why? swetz confidence, no fear swetz peace of mind JohnF in harmony Amos Simply because when I trade counter trend-- i am ONLY TAKING OPROFITS--not trading against the trend Amos Example; Today, being short BP I scalped twice on the long side. Amos I could do it because i DID NOT GO LONT in a falling market Amos I ONLY TOOK profit because my Point and figure said some support and I immeidately reshorted on any small rally. Amos MY MIND DID NOT SAY I AM GOING LONG! Amos I cannot trade against the trend ( in this case daily) Amos But TAKING PROFITS-- Is OK Amos This is how my mind works and I have the patience to wait until the market is REALLY OVER EXTENDED intraday before I scalp thaT way and MANY TIMES I hit EXACT EXTREMES Amos But If I am losing and the market is giving me VERY GOOD ENTRY POINTS intraday-- to do a trade-- I AM FROZEN Amos Because my SOUL IS WOUNDED Amos In the market there are NO INDIANS. NO WOUNDED KNEED Amos ONLY WOUNDED SOULS swetz lol Amos The level of theKnees swetz lol Amos Oops it was KNEES Amos The level of the WOUNDEDNESS of YOUR SOUL is VERY IMPORTANT Amos The subject of HOW MUCH your previous trade AFFECTS your next one-- IS VERY CRUCIAL vj Ques Amos Amos Very few people can CLEAN SLATE, FORGET what just happened to them and trade CORRECTLY Amos This is a very heavy subject which has NOTHING to do with prices, or Wyckoff, or analysis or anything Amos KNOWING your PAIN THRESHOLD and your REACTION TO PAIN Amos is EXTREMELY IMPORTANT swetz cant both change with experience? Amos THE BIGGEST DESTRUCTION from a losing trade is NOT THE MONEY YOU JUST LOST Amos It is the NEXT GOOD TRADE THAT YOU WILL NOT PUT ON because you are hurt Amos Read carefully my last two sentence4s Amos The market hurts us emotinally and that can INCAPACITATE us from trading correctly for a while Amos Bad trade requires period of CONVALESCENCE JulieH Need to lick wounds but get back in the hunt too Amos To answer vj--the greater the synnergy-- the more confident you can be Amos the more confident you can be-- the bigger the position you can take vj ah Amos The level of synnergy shoud dictate your money mgmt Amos Again it comes back to Card counting Amos The market ALLOWS YOU TO COUNT CARDS--USE IT JohnF would the money management part also play a role in it too?? al left. Amos Do not confuse trading and accumulation by CM Amos To imagine that we are CM--is dangerous. Amos The CM can keep adding to losing positions vj he is not talking about you swetz Amos As a trader you should ONLY ADD with the market. vj :) swetz ::smile Amos Averaging losses--one day will KILL YOU Amos I imagine swetz is doing a lot of stock work--and that is smart Amos The question, of course is WHAT models should you look for when analyzing the market? Amos I suggest that you stick with the MODLE YOU ARE COMROTABLE WITH Amos It DOES NOT MATTER WHICH ONE YOU USE swetz ones that give you greater than 50% edge BBob model: swetzinator vj LOL bob Amos remeber that market wizards all use DIFFERENT MODELS JohnF swetz method very cool Dave_M The dear hunter....Swetz, one shot one kill :) Amos But the idea is to look for those situations where the MODEL IS CLEAR AND MATURE JohnF ::ninja swetz I usually shoot my foot ::smile Amos Don't sit and HOPE that THIS AND THAT WILL HAPPEN Amos Find situations that look RIPE and ACT! Dave_M lol Amos ACT SMALL BUT ACT scotch Reminds me of being gun shy like the commerical with Maverick getting slapped during that high speed internet commerical. Amos If your SELECTION PROCESS is GOOD--YOU ARE GOING TO MAKE MONEY! Amos Tell my right now which market you think is interesting Joe_Kl Cotton Doc_K ng vj Amos - how do you define "market"? BBob china Larry QQQQ as it approaches weekly high vj is stocks a market? Is commodities another market? Amos Cotton is a monthly range between 46 adn 57--what is so interesting there? Amos Don't have a chart of ng right now--cannot comment JohnF esh? Amos OK QQQQ is a potential DT---WE ALL WATCH IT AND REPORT ITS BEHAVIOR Amos Be like a hawk on QQQQ Amos What market is china--What is the symbol BBob fxi Amos vj- it can be shoe laces Amos esh--is like the dow--closing Jan towards the hig--must wait until end of month Amos fxi Larry . Amos is a two year stock--how can I trade it? have NO DATA Amos This is important Amos AVOID DREAMS PLEASE Amos At least I AM NOT INTERESTED IN DREAMS Joe_Kl CT traded over 80 had a 50% retrace, stood steady, has built Cause seems to be absorbing Intermediate to Longer term Amos I ONLY Want to trade situations I UNDERSTANED BBob shanghai ssec Joe_Kl Any longer term chart acting decent I classify "interesting" Amos Joe, since 2005 ct is in a trading range. What y ou call cause is only in your own mind Joe_Kl You asked a question, Cotton is interesting Amos I am NOT saying y ou are wrong-- I only say that I CANNOT SEE ANTYING IN COTTON that TELLS ME IT IS A CAUSE Amos So I leave cotton alone Amos This is IMPORTANT POINT. Joe_Kl Look at Weekly see Cause Amos You can see in your mind the market going here or there and this is FINE Amos The fact that Joe sees something in a market and trades it that way--IS FINE AND DANDY Amos I must trade those situations that I UNDERSTAND Dave_M Amos,,,where do you see your discussion topice going as we look forward? Do you have direction in which you are trying to take us? Amos So here is an example of group work JulieH CAreful Amos Joe is our Spartacus-lol Amos Dave --I do not know Dave_M ok Amos It will depend on the energy and the output of the group JohnF i am very appreciative...you waking up early and all JohnF have just re-read recent logs for last 2 months...great stuff Dave_M ditto vj waking up early? JohnF will you be attending may seminar in reno amos?? Amos The idea is to GENERATE more and more information. Discussion and see if that leads to BETTER TRADE SELECTION Amos usually I am AGAINST GROUP TRADING Joe_Kl I am Amos I NEVER LISTEN TO ANYONE RECOMMENDATIon Amos I BLOCK MY MIND because it is always ME AGAINST THE MARKET Dave_M good advice.... Joe_Kl Doesnt work, unless all elements are up to the task Dave_M take info and act on your own analysis Amos I am trying to see if a DEDICATED GROUP LIKE YOURS can BREAK THE MOLD and generate enought trading ideas that can be sifted into GOOD TRADES Amos there is the subject of RANKING which I only mentioned ONCE Amos If you have 10 trading ideas and you can RANK ORDER THEM from 1-10 and then ONLY TAKE THE TOP # Amos 3 Dave_M I feel the stock discussions in this group are excellent Amos you are SO MUCH AHEAD OF THE GAME-- YOU HAVE NO IDEA swetz I totally agree with that Amos Dave_M and are inline with your ideas Amos Dave_M imho Amos Look--this is a trial.If it works fine swetz it has helped me imensely in my trading Amos If it does not work--we can still remian friend and I promise Amos TO RESPECT YOU IN THE MORNING swetz lol Kelley lol Dave_M lol swetz I wish my girlfriend said that BBob what has helped you swetz? Larry lol swetz ::smile swetz focusing on only the very best ideas Amos OK- I rambled enough tonight Joe_Kl No 1 Rule in Speculation "Self" reliance You must think for yourself, must follow your own convictions Gary_Fullett great stuff Nick left. Dave_M lol your funny swetz I could listen to you all night Amos swetz ::smile rhonda Amos Thanks so much excellent info Amos I am very glad I decided in the middle to try and IMPORMENT this and start a brain strom working JohnF ewww swetz JohnF jk JohnF thanks amos AWESOME stuff Dave_M bet you don't tell the girlfriend that Sw LOL Amos So I am going to send Gary ideas Larry excellent amos, thank you BBob war is good Alvin Thanks Amos Steve_W What is VOB? Volume on Bottom? On breakout from TR at bottom? Amos Hopefully you will do the same JulieH Thanks for your time Amos JohnF volume off bottom swetz LOL Dave rhonda volume off bottom Dave_M great!! look forward to seeing where this goes! Amos And in Reno we all appear in a LIMMO Kelley thank you Mr. Cohen JohnF good day amos jc thanks amos rhonda who hoo Reno Steve_W Thanks pat thanks amos swetz thx so much Amos ! !! !! Amos see you next Wednesday Dave_M no limo for davey til he's on dry land!! lol Gary_Fullett amos ty JohnF take care PaulYee Thank you Amos swetz for sharing with us rookies warren thank you Amos, you are a great teacher Amos GN kent thanks Amos Gary_Fullett hold on folks rhonda GN Dave_M thx amos Amos left. BBob do they have a train track going into reno.. Gary_Fullett okay vj thanks amos for praising my basic questions! Gary_Fullett dave u aske dwhere amos is going with this swetz lol vijay JohnF lol vj Gary_Fullett he will go as far as u want him to go Gary_Fullett but Gary_Fullett he wanst a back and forth Gary_Fullett vs he tells u what to do and think JohnF guys make sure to reread logs starting from i think late november... swetz agree John, excellent idea BBob john make sure you read amos from 2000 .... lol.. JohnF i have Dave_M I was more curisous if he saw or has a path or if free flow.... Gary_Fullett so he will work as hard as we work Joe_Kl lol vj thanks john JohnF a year ago...didnt understand shiiiieeet Amos joined. Larry i'd like to see some of his models on charts, as a trade setup, past of currnent, would be great JohnF now it will be much easier to go back to 2000 logs... Dave_M i understand but like children (me) i will take direction Gary_Fullett so there must be a give and take Steve_W left. Dave_M early on and that's not all bad either Gary_Fullett there must be a synergy Amos Actually I can tell you what I said in my trading room today: Dave_M build the confidence you know :) Gary_Fullett he;s baaaaaaaaavkkkk vj agree Gary JohnF ::ninja Joe_Kl Go ahead Amos swetz we are listening amos Amos Tomorrow is 34 days of the decline in bonds and yen Amos Pay attention Amos If i get a daily thrust in the bonds- IO go long Joe_Kl Y Amos Beans had a thrust after Key reversal--pay attentino Amos That is about it Joe_Kl sited 110-109'27 as poss Ice JohnF ::ninja Larry cool Joe_Kl good eyes swetz Amos question please? Kelley ty amos Amos These are the two ideas that seemed most important to me today swetz could you define a thrust? Amos go aheas swetz Amos ahead swetz like what exactly is a daily thrust to you? Amos Long-higher high Joe_Kl BAM Amos Short ==lower low Amos by more than a tick or two Amos And the stop loss is above the KR Amos or below swetz long - even if the close is below the prior day high? Larry kr must preceed thrust? Amos look at the bonds: Tom left. Amos 1/18 was a kr Amos I want to buy the first HIGHER HIGH on the daily which is above110-19 Amos stop loss is below 110-05 Amos I will add to this above 11-09 Amos 11109 Larry . swetz but with the bonds showing a lower low on the monthly chart swetz isnt this trade lacking synergy? Amos Ok, I just wanted to share with you actual thoughts of mine which I am going to trade tmw Amos swetz--IT IS A MODEL -- I am always ready to see if the 34 day count works Amos IT IS A MODLE as far as I am concerned. If I do it 10 times it should work 7 swetz just asking to understand your method better ::smile Amos I trade MODELS Joe_Kl Next week can you talk more on 34 day Joe_Kl ? swetz trying to piece the model with the action of the longer-term chart Amos sur Amos esure Joe_Kl ty Amos sure Joe_Kl Be safe wonderful Lecture Amos ok GN Joe_Kl TY swetz thx Amos BBob kent.. amos needs you Amos left. JohnF great class vj lol john Gary_Fullett left. vj sorry... lol bob Joe_Kl Swetz good note there too Art left. Gary_Fullett joined. swetz Joe - did you see what I was getting at? Joe_Kl Its vital to draw instant contrast Joe_Kl :) Gary_Fullett sorry got bumped BBob our very own joeydevito and swetzintor has us romancing the stone pat # of days--is this something like Larry Williams--peak to peak adn trough to trough? JohnF lol bob the narrator vj where can I find charts for bonds? swetz not criticizing at all Joe_Kl USH Joe_Kl Try Futuresource swetz just trying to understand Joe_Kl free charts Gary_Fullett okay i am doig charts will talk tmmorw on amos if u wish Joe_Kl delayed Gary_Fullett night swetz why Amos would go through long term charts Gary_Fullett left.