Gary_Fullett joined. biwi joined. DaveM joined. biwi hi all Gary_Fullett good evening JohnF joined. Kiran hi Gary.. good evening DaveM hi gary\ Gary_Fullett hi all biwi hi Gary_Fullett will wait for late comer Gary_Fullett open forum tonight DaveM hi john biwi sounds good HANDLES joined. HANDLES good evening folks HANDLES hey biwi biwi hey handles swetz joined. HANDLES might sell my beans from today......tonight HANDLES or now swetz Hi Gang HANDLES hi swetz swetz Bob - I saw your email to me - yes I highly recommend McLaren's ebook swetz hi handles biwi wheat and crn dropping beans holding skylar joined. JohnF hey dave, gary, swetz, h. swetz ::coolsmile swetz hi John gregk left. skylar Hello everyone swetz hi skylar (aka lmarsh) ::smile swetz howdy greg skylar oops busted swetz lol BBob sorry.. I was looking for some tax documents swetz.. I feel like tearing down the house to find them..lol swetz lol Bob Art joined. swetz hi Art Art good evening JohnF sheesh bob your supposed to let swetz handle that along with a fresh glass of milk ;) Gary_W joined. BBob I have to get that energy efficient credit.. one more tax windfall Art hi swetz swetz lol John swetz hi Gary W Art hi GW HANDLES move to Canada and talk about taxes......jeeeshhhhhhhhh HANDLES nutso here swetz lol handles HANDLES almost 70% of my salary is gone BBob swetz.. was this morning gap down so climactic it signaled.. get out of shorts... wait for bounce HANDLES every year Gary_W Hi swetz, Art and everyone DaveM ya but the health care......handles...lol JohnF free heart transplant though right?? HANDLES yeah true..... swetz I think so Bob, a lot of cause from PnF was used up on that gap down this morning BBob ok DaveM only a 6 month waitnig list to see a specialist from what i hear... BBob spx 1440 probably coming.. Art hey Handles , you don't have to pay taxes Gary_Fullett hey all JohnF evening gary. skylar hey Gary swetz howdy Gary HANDLES really art....tell me more DaveM sold my qid bob for a small profit think your right DaveM going north for a bit HANDLES not true dave HANDLES thats what they tell u down there.....but its not true at all DaveM what the wait? or snp going north HANDLES wait HANDLES lol kent joined. HANDLES snp no clue yet JohnF they're trying to keep us out eh...?? HANDLES distribution coming to me..... DaveM that's what all the pundents say here is that it's free but access is a problem AllenH Good eve All.... BBob well dave.. I have my 10 min Pnf charts HANDLES nah john.....u guys have it as good as us swetz hi Allen swetz you coming to seminar Allen? skylar hey Kent AllenH Swetz !!! AllenH Don't know yet ....lol swetz kkkkkkkkkkkkkkkkkkkkeeeeeeeeeeeeeeeennnnnnntttttttttttt ::smile HANDLES of course they do dave.....you guys have to keep your system going...etcccc swetz you got to come Allen JohnF evening kent. swetz ::smile AllenH well, it would definitely be nice for sure.... ::smile swetz but if you can't, will be more cookies for me ::coolsmile AllenH Kent !!! JP LOL AllenH lol Swetz...yeah more for U !!! ::laugh kent Allen !!! swetz lol BBob are we suppose to check out some chart for tonight? kent ssssssssssssssssssssssssssssswwwwwwwwwwweeeeeeeeeeeettttttttzzzzzzzzzzzzzzzzzzzzzzzzzzz :) swetz lol kent, about time kent hey John swetz ::smile kent Hi Skylar JimC joined. JohnF joe talking tonight?? swetz hi Jim, my CPA buddy kent has to wake up first, John, lol JimC Hey swetz swetz I think everybody is going to talk tonight Gary_Fullett he may be here DaveM nope not me lol Gary_Fullett swetz stock? Gary_Fullett u had some thoughts? swetz we can talk about when to exit stocks swetz I posted a PnF chart of IBM to Joe's site AllenH U like alternative energy stocks Swetz? swetz yes Allen I do AllenH U hear of COCG? Doc_K joined. biwi solar coal uranium?? AllenH California Oil & Gas? swetz havent heard of that one Gary_Fullett yes cool swetz is it small cap swetz ? AllenH COGC....sorry... AllenH yeah I believe so..... swetz you guys ready for some Wyckoff exit talk? ::coolsmile ::ninja BBob SRE is my one and only calif. baby... lol kent always, lol JohnF ::ninja AllenH The Natural Contrarian mailed me an ad...LOL swetz lol kent JP I am LOL swetz I posted a PnF chart of IBM to Joe's site that I was asked to go over AllenH Nasdaq going back to 5000?.... swetz to show how Wyckoff can help us exit stocks swetz or anything for that matter Larry joined. JohnF would have been nice for wyckoff exit talk tuesday morning before open swetz :) JimC pf.......alright someboy talking my language swetz probably when I have grandkids Allen swetz lol AllenH ::laugh JimC body swetz lol John swetz you guys got the IBM PnF chart? JohnF y AllenH so we have seen prelim Supply now right?... swetz I think so Allen AllenH Equities...or maybe just a shakeout !! JimC y swetz need to next rally though BBob I thought you had 91 for pnf potential swetz it increased when IBM moved sideways more swetz that is how cause works AllenH surely volume was high for this latest selloff....but maybe we can still get a huge, quick rally Buying Climax type deal... swetz yep its possible Allen JP you like volatility allen AllenH flight to quality into US equities as they bail on Foreign markets AllenH sure JP... JP (o:>* swetz I look at recent reaction in SnP as one of the 3 things JohnF this volatility has been great. swetz either PSY AllenH all that money is going to GO some where .... swetz either major shakeout swetz or SOW HANDLES quality?????allen....u ok man swetz has to be one of those 3 HANDLES foreign isnt quality but US is?????? HANDLES that is funny to me kent lol H BBob don't ask dave his bias swetz the next rally will help eliminate one or more of these scenarios HANDLES its a big world man AllenH LOL Handles....I see U've gone to Large Caps now.... ::biggrin JohnF can only know by judging next reaction swetz right John DaveM lol not listening bob HANDLES tell Nestle and DeutschBank that they arent quality HANDLES lol AllenH Handles...actually USA is quality "relative" to other markets... swetz in Wyckoff, its the test of the move that proves the move, not the move itself HANDLES u mean compared to Emerging mkts HANDLES yes it is HANDLES so is all of the industrialized world AllenH yes.... swetz I can show you stocks that had terrible days that turned out to be just a major shakout swetz in real-time, you would have thought no way AllenH but Eurpoe more vulnerable than USA...imho kent get the gov out of the markets for the most part and it would be a lot better, lol Gary_Fullett good swetz this stock is ever ccoming back swetz but sometimes it does swetz reason that the next reaction is what helps us to determine the strength/weakness of a move either up or down swetz down in this case AllenH obviously forign markets are reeling...so I look for Higher currency rates overseas....to reclaim that $$$ Gary_Fullett probably right... barbados joined. swetz I got a question for everybody - how many folks use inter-market analysis to help them pull the trigger/ swetz ? AllenH that money isn't going to simply vanish...it's like a wild herd...going to go somewhere... HANDLES i always do HANDLES to the US?????? HANDLES foreign money.....yeah right AllenH well...Yes Handles..... HANDLES they dont believe in the US dollar HANDLES euro HANDLES yen HANDLES etc HANDLES is another alternative AllenH Hedgies will pull their money back in.... HANDLES nope HANDLES they wont JohnF you mean looking at indices swetz?? HANDLES trust me on this....the USD has changed skylar hourly charts, 30 min AllenH true....but it is entirely possible that US Dollar Ralllies !! JohnF or lower timeframes?? HANDLES may be allen swetz I mean like watching the yen or gold or dollar to help judge the stock indexes HANDLES but not because people feel secure about it HANDLES yes swetz....macro views AllenH look...they're gonna fake everyone out....for sure...so I'd watch it closely... BBob watch gold all the time.. not sure it helps..lol swetz thx handles, I was just curious what other folks here thought about that skylar ok AllenH but the "rub" will be that Commodities can ALSO rally with the US$.... JohnF i dont. Still trying to better understand those markets. HANDLES the world is now one for the mkts.......to me HANDLES thats why i didnt believe that bond would go down as some people here said HANDLES based on the chart HANDLES swetz HANDLES because of my macro view...... BBob after tuesday.. it's all about china HANDLES it didnt make sense to me that bonds would drop...... swetz to be honest I don't either John but I can see why folks do swetz like handles said JohnF CM=ChinaMan swetz lol John HANDLES i only see bonds going up long term now Alvin joined. Gary_Fullett hi alvin AllenH it's really all about competition for investment dollars.....so we're gonna find out who wants those dollars... swetz hi Alvin Alvin hi all AllenH Gold can also go nuts eventually also.... AllenH but U can't deny it's a digital world now.... swetz Allen - what do you see in gold market that makes you think gold going to skyrocket? JohnF I like joes comments on boards. Lots to take in '08 swetz I hear Zack talk about that too JohnF elections, olympics in China AllenH the volatilty for one thing..... AllenH hard to tell if shakeout or COB...... swetz in gold Allen? HANDLES well swetz one idea is that the oil money is being used to buy gold.....by the middle east......as a long term hedge against the USD AllenH yes Swetz.... AllenH Silver too of course... HANDLES another idea is that the gold/oil ratio is very cheap here still AllenH these markets are so small relative to equities so it doesn't actually take that much money to move em HANDLES another idea is that world outside of the US.....being china and india love gold as an alternative investment......and they can finally buy it for the first time in their lives and hold it in their own accounts as investors..... HANDLES lots of "ideas" out there AllenH true Handels... swetz interesting stuff handles and Allen ::smile HANDLES but let the charts tell us the story AllenH US citizens less friendlt to physical Gold vs Indians & Chinese... AllenH always... swetz agree handles ::ninja ::smile HANDLES the fundamentals are there HANDLES iran worries etc..... HANDLES the truth is......during the war in Europe....gold was worth shit HANDLES because no one would pay u what it was worth....... biwi left. AllenH yes....but the market action is volatile in Metals & Equities now.....so ??? HANDLES because they didnt have to and they didnt care.....so gold as hedge for insurance oif the world falling apart is total bs to me HANDLES if someone was despearate and they needed to sell me their gold i would offer them next to nothing for it....and see if i could get it for that price barbados left. biwi joined. AllenH yes Handles....the problem with Gold....in today's world...but Gold can also see $1000 + / oz HANDLES of course it can AllenH yes...it washed out but maybe just to shake weak longs B4 a liftoff... HANDLES just stating my beliefs about the fundies for gold.....they are not as solid as people believe in terms of trouble or disaster in the world....etc AllenH either way...I still like Cotton !!.... ::smile kent lol AllenH agree Handles.... AllenH Buy lots & lots of Cotton Kent LOL HANDLES yes sir....cotton is worth more than gold...... kent sold mine today, lol AllenH no acreage left for Cotton..... HANDLES try wearing gold in the woods and during a war HANDLES LOL kent lol AllenH lol Kent....be ready to get back in... JP oven and a silo full of wheat HANDLES my shoes are worth more than gold AllenH LOL Handles... JP some bullets maybe Gary_Fullett lol handles HANDLES wear gold when u need to run from the enemy HANDLES see how far u go.... HANDLES LOL AllenH ::laugh swetz not my shoes, I need to add another 3 pair of shoes HANDLES just a thought BBob saddam didn't get too far with his paper us HANDLES lol biwi tons of gold out there they never stopped minning the stuff swetz ::smile JohnF my dog chewed up my shoes and fruit of the looms today...he cant chew gold if I wore it on my feet :) JohnF and as underwear HANDLES if u take my shoes....make sure u use Fabreeze.....stinkyyyyyyyy HANDLES lol swetz lol Gary_Fullett lol AllenH The "women of the world" own most of the physical Gold out there....lol swetz lol John HANDLES ladies of the night u mean??? swetz lol Allen AllenH lol handles BBob they have silver lined socks now.. gets rid of stink JimC swetz what was the "small mistake" on the ibm exit biwi very true and they women never sell kent so have we talked about wyckoff exits yet? lol HANDLES sorry AllenH lol Kent...U missed it... kent no problem, bro BBob now we know handles is biased swetz lol kent, I liked listening to handles and Allen's comments JohnF so swetz, should analyze PnF daily in a position?? kent :) AllenH Kent....go to Golden Gate Bridge.....then exit left or right !! HANDLES i know nothing kent ha ha AllenH we're "full of ourselves" Swetz !!! swetz ::smile AllenH entertainment purposes only !! swetz was good talk Allen swetz I dont know much about that sort of stuff HANDLES i can talk for hours about fundies....hasnt made me a buck yet.....today swetz so was educational to me biwi lol swetz lol handles AllenH but U got the S&P500 down "cold" ! JohnF lol handles. biwi private club handles AllenH yeah Fundies don't mean Dick !!...but interesting....lol HANDLES golf course chat....u know JohnF I just listen to greenSPAM...like everyone else. AllenH I used to pick up women talking about Stock market fundies... ::wink JohnF lol allen kent fundies drive prices EVENTUALLY, got have charts to know when tho HANDLES lol swetz it doesnt work that good in Mississippi Allen JohnF LOL swetz I have tried Art Gold is trying to react from support tonite AllenH LOL Swetz !! swetz I got slapped one time kent lol AllenH ::laugh HANDLES nice art....i am buying gold now....after all off this kent just once? biwi lol swetz ::angry JohnF cookies was next best thing... kent LOL HANDLES of Alvin lol swetz well, I dont have time to go over all the times swetz ::smile swetz lol John AllenH Gold 10$ off the lows? AllenH 662 area kent I only show gold up 2.10 from the low AllenH maybe I got old quotes Kent...Globex Gold Gary_Fullett down 2.60 AllenH lol Kent... HANDLES yes 662 area Art a moose attacked the wife and her dog in the back yard today, she said there was schnauser and shit flying thru the air biwi 662.40 kent 662.4 cbot aprl gold kent LOL Art swetz lol Art kent wife OK? Art she screamed and ran for the door and the dog beat her lol kent LOL swetz lol AllenH wow Art...crazy stuff up there... Art yep , their both ok kent smart dog, lol JohnF lol kent. swetz lol kent swetz smart as prince swetz ::smile AllenH I thought Moose passive... DaveM passive my ass Art dog got smacked pertty good , wants lots of attention tonite DaveM they'll kill ya in a heart beat allen DaveM especial when in rut DaveM kind of like steve when yoou take his cookie AllenH really?...I thought maybe if U get around their young..but not for no reason... Art wifes cute but not in heat Dave lol HANDLES killer moose.....yikes HANDLES lol DaveM lol AllenH LOL Dave biwi any thoughts on nuc energy uranium plays? swetz BBob I suspect it will take about 5 minutes for swetz to show us how to exit trades HANDLES can we make a movie about that.....or a discovery show.....its Moose Week on Discovery..... HANDLES yikes HANDLES run fast the moose are coming HANDLES we can ride them to invade you guys swetz you have a particular stock in mind biwi? DaveM i've been wathcing "are you smarter that a 5th grader" HANDLES with beavers on our side to bit your arses DaveM it a MS show with foxworhty biwi rsc in canada junior play HANDLES be careful the cdn army has just issued a moose to all soldiers DaveM mounties to the rescue... kent handle's on a roll tonight, lol HANDLES uranium stock.....rsc DaveM hope their nutered HANDLES nah...in a rut....we like em wild DaveM lol HANDLES killer moose..... biwi TUE DaveM saddle up HANDLES send them to iraq HANDLES those killer moose HANDLES lets see how fast they run from the meese HANDLES lol DaveM nice hat racks...or turbin holders i guess AllenH lol HANDLES yeah man HANDLES i am gonna call up Bush and tell him my plan HANDLES about the Moose idea DaveM ya HANDLES he's gonna love it.....Halliburton can make the moose eggs HANDLES and shit HANDLES sell them to the army swetz I cant make TUE come up niwi on my charts swetz biwi HANDLES those are small cap CDN stocks swetz JimC left. swetz sorry biwi, I dont have canadian stocks swetz on my charts biwi no problems HANDLES pitts better win or joe will be pissed with my NHL picks tonight HANDLES lol HANDLES yes they won HANDLES wooohoooo HANDLES where's rambo? DaveM riding off in the sunset aboard a bull moose in rut HANDLES LOL DAVE swetz you guys ready for a Wyckoff quiz? swetz ::smile HANDLES nope swetz LOL HANDLES i didnt study .....i was with my girlfriends sister Gary_W Not fair swetz well, you got a good excuse swetz lol DaveM send pics skylar lol HANDLES sure....pics will be sent..... biwi of him or her? HANDLES she's kinda hairy though...and has a beard HANDLES LOL biwi lol DaveM oh man gotta gut a pig to get rid of that thought now HANDLES lol swetz so that who that was on the National Geographic grizzly bear site swetz ::smile JohnF lol DaveM lol skylar oooo HANDLES nah....she's iranian....its not her fault DaveM handles nows how to pickem biwi lol Kelley joined. swetz lol HANDLES count Yellek JohnF evening kelley HANDLES perfect timing JohnF bout to have a quiz...good timing swetz lol kent hey Kelley, you ain'y missed anything, lol kent ain't swetz what is the best time to sell a stock to Wyckoff? Kelley hi Handles, John, Kent HANDLES hmmmm Kelley sorry I'm so late Folks, good evening to all:) HANDLES good question swetz hi Kelley HANDLES Yellek...answer pls HANDLES lol swetz now waiting for a good answer ::smile Kelley hi Swetzeroni Art hi Kelley Gary_Fullett good stuff folks kent back up to broken ice BBob potential met Gary_Fullett this only enhances skylar upthrust after distribution Kelley hi Art kent UTAD HANDLES kent is right ....... HANDLES my opinion is on broken ice retest skylar yes kent swetz a couple folks have said UTAD kent I like UTAD myself :) swetz any other answers? Kelley I cant sell a stock to Wyckoff, he's dead DaveM lpsy confirming a sow JohnF 1. rally to ice 2. BUI after reverse absorption at ice. 3. Retest of upthrust 4. Upthrust after distribution Gary_W kelly lol swetz lol, kelley, always one smart elec in every crowd skylar LPS after a sow Art when Gary says to lol JohnF last point supply after sign of weakness Kelley lol, :) swetz I should have asked the question better JohnF a rally within an established downtrend swetz my fault swetz when you currently own a stock/commod DaveM when gary and steve say so swetz when is the beset time for you to sell it? Kelley no problemo my lil brother from another mother ::wink swetz best JohnF when its reached its Price objective. swetz lol Dave HANDLES when you see some signs of weakness and they are confirmed by some wykoff clues swetz price objective = what price objective? skylar during a BC, kent p n f JohnF PnF P.O. I believe biwi when it runs out of steam swetz you guys read skylar's answer Kelley Do you mean sell to offset a long position or sell as in going short BBob biwi likes locomotive stocks.. railroads HANDLES yes swetz.....for a short or when long? biwi lol HANDLES when long during a BC would be the top swetz when alreaday long swetz when is bst time to sell DaveM oh thought you meant sell short swetz skylar had an excellente answer BBob best time is when everyone else does DaveM get the cookies out of yoru mouth and speak clearly steve swetz so if BC is the best place to sell DaveM must be the acent JohnF best time to sell is at the very high :) swetz lol Davce swetz dave swetz Dave HANDLES skylar's answer makes sense since that is usually the top Art on a retest of BC skylar lol swetz right handles swetz it also makes sense HANDLES now how do we see a BC while we are in it during the day???? HANDLES huge volume HANDLES wide bar swetz form the standpoint that PnF is a guide that helps us to determine where some sort of ending action may occur HANDLES and? swetz but it is price/volume that rules kent brb swetz the PnF gvies us a guide swetz but still must have confirmation by price and volume JohnF PnF secondary but often times it seems to guide the trade better than classical...?? swetz PnF is classical swetz in Wyckoff's day, he would actually begin his charting JohnF i see...you said price and volume. I was refering to waiting for a BC. swetz using PnF chart swetz and if he saw distribution/accumulation occur Gary_Fullett as amos saod wyckoff pronciple says use p ansd f swetz he would use vertical chart for entry swetz but back in his day, it was much easier to use PnF charts swetz were easier to draw by hand than vertical chart swetz but he realized that vertical chart was the best chart to turly understand biwi good night all exhausted thanks! swetz price/volume behavior swetz gn kent JohnF GN biwi swetz I mean biwi HANDLES gn biwi skylar nite biwi Kelley gn b`iwi swetz becuase PnF chart had its limitations biwi left. swetz [PnF chart was great for finding TR swetz but not so great to find entry point swetz now with computers swetz its very easy to view a vertical chart swetz just type in the symbol and there you go swetz but because the foundation of Wyckoff is based on 3 principles swetz one of which is cause and effect swetz wyckoff believed that the BEST way to determine the effect from cause was with the use of thhe PnF chart swetz does that mean, its the only way, NOPE swetz but you walked up to Wykcoff on the street swetz and asked him, if this TR is accumulation, how far would it likely go swetz he would say, show me a PnF chart swetz that we can look at to provide us with a good guideline to answer this question swetz and if we dont know how far a stock/commod is likely to go swetz how in the world can we plan a trade since we MUST know the R:R ratio in every trade we put on swetz take the IBM PnF chart that I posted at Joe's site for example skylar ok swetz the PnF chart showed us that thee was a count of `11 across the 99 line swetz which gave us a downside target of 88-89 Art left. swetz that PnF chart gave us a good idea to expect a 11 point move or so to the downside swetz so if we could short IBM around 98 or so swetz we could put a stop at just above 100 risking 2 points to potentially get 11 points swetz 10-11 points swetz so that gives us a 5:1 reward to risk ratio swetz Wyckoff suggested that we look for trades that give us a 3:1 R:R ratio swetz so this trade easily qualified swetz and guess what happened today swetz IBM fell to a low of 88.77 HANDLES swetz.....i am new to PnF......where is the 11 count at 99....i only see 10? Kiran swetz, if i do not anything about PnF, what is the best place to start? HANDLES stockcharts.com kiran has a good lesson HANDLES on pnf JohnF its like swetz can predict the future or something ;) swetz lol John swetz well John I am about to tell you a mistake I made swetz yes Kiran stockcharts is good swetz I learned PnF mainly from the SMI CD that Gary sells swetz I count 11 in that green box that I have shaded swetz or highlighted I should say swetz so when IBM gaps down this morning and reverse strongly HANDLES i cant count then swetz lol handles, me either HANDLES perfect swetz are you counting the blank space in between handles? HANDLES no HANDLES oops swetz lol swetz you count it all Kelley handles can only count to three swetz ::smile HANDLES ok i need to learn this HANDLES lol kelley....hat trick BBob he needs one more finger on his left hand to do it Kelley lol:) HANDLES i think pnf is very important swetz but now let me tell you a mistake I think I made HANDLES hahah bob.....good one HANDLES ok JohnF we should have joe teach PnF swetz lol John Gary_Fullett lol swetz Joe has an excellent way that works for him Gary_Fullett u dont ahve to use it Gary_W swetz? stockcharts will give price projections on pnf charts based on verticle counts. Wyckoff methoc is to use horizontal counts. Do you feel verticle counts can be just as effective? swetz so that is cool Gary_Fullett but it si powerful HANDLES leave rambo alone.....lol JohnF lol swetz guys what I made a mistake on swetz is this swetz I say wht climatic action on 5 min chart in IBM a couple of days ago swetz I saw climatic swetz and if you just take the row of x/o on the right swetz you get a count of 6 which gives you a target of 93-94 BBob you didn't swetz I went ahead and closed my position at 93.20 JohnF PnF chart is giving kisses and hugs XOXO xxoo LOL swetz so I missed the gap down this morning swetz I was thinking, I got5 points from risking 1 HANDLES well u did well then HANDLES many were probably long after yesterday HANDLES lol swetz but could have done better swetz if I had trusted my PnF read more HANDLES was it proper? swetz I think somone like Amos DaveM yes but it was based im sure on a feeling of where the gen market would go the next day and not wanting to give back profits....just a prudent judgement swetz with more experience with PnF HANDLES would do the same swetz swetz that me HANDLES nah swetz would have sold this morning HANDLES u rock with this..... swetz but I wanted to show you guys, that PnF is just like anything else DaveM and since you were close to the objective you used prudent judgement swetz it takes judgment too HANDLES right.....good point HANDLES but bank is bank....take it when it comes swetz and sometimes my judgment is not perfect even when I saw the 88-89 downside target swetz in hindsight swetz where we are all geniuses DaveM that's just 20-20 skylar yeah HANDLES lol DaveM that's all swetz I think the best action would habe been for me to sell 1/2 at 93 and the other 1/2 at 89 DaveM yes swetz sell 1/2 at the conservative PnF target swetz and sell the other 1/2 at the more aggressive target DaveM amos is still counting his money steve DaveM lol swetz lol Dave swetz one thing that makes Wyckoff such a solid method to me DaveM he liked ibm at 9840 swetz is that he shows us not only how to read market action swetz based on principles that cannot be aruged swetz argued DaveM ya, but pnf saves you far more times then leaving you coming up short on misses swetz but he also shows us the 3 most important prices we MUST KNOW EVERYTIME we make a trade DaveM entry DaveM stop DaveM exit swetz Wyckoff teaches us where to entery, where to place our stop, and where to potentially take profits swetz yes sir Dave - EXCELLENTE DaveM my sisters typing tonight DaveM front of the class DaveM :) Gary_Fullett lol swetz this is why classical Wyckoff can be traded SUCCESSFULLY swetz lol Dave swetz without anything else swetz if you add, that is great, Joe proves that you can do very well by adding stuff to Wyckoff swetz but I can just as easily prove, as Gary can too HANDLES ok guys thanks HANDLES gotta run..... HANDLES thank swetz.....as usual swetz that you also don't kneed to add anything else Kelley gn Handles HANDLES and gary for hosting kent Steve, explain the difference between Wyckoff style of pnf vs the usual kind, if you can swetz thx handles for the fundy talk Alvin gn Handles swetz ::smile kent c ya H DaveM from joe's charts he uses the wolf thingie and EPA targets....not clear on any of that but it works for hime HANDLES lol HANDLES g HANDLES n DaveM and many others i suppose skylar g'nite handles HANDLES left. swetz good question kent kent Joe uses everything but the kitchen sink, lol swetz to Wyckoff, he considered the intraday price movement as part of determining the cause Kelley he uses that also swetz the charts that many PnF site have kent lol Kelley Gary_W I had a similar question relating to verticle vs horizontal counts swetz DO NOT DO THIS swetz and this is a mistake swetz with stockcharts.com kent which gives a larger count? swetz with stocks, if you dont choose an hourly timeframe, those PnF charts will be wrong too DaveM greg spoke to this a week ago in chat swetz the bad charts give a smaller count DaveM and how he uses tick pricing and runs excel macro swetz because the up/doown movements are not properly considered kent ok, ty DaveM to get every move due to the pnf chart companies swetz not necessary with stocks Dave DaveM missing this data you speak of steve swetz dont need tic datat DaveM right correct commmods DaveM for greg swetz because how many stocks do you know besides GOOG Gary_W and cme swetz that go up 1 point, down 1 point, then back up 1 point all in one hour swetz very, very, very rarely happens swetz reason I use the hourly setting in stockcharts to do my PnFs JohnF all of mine do that :) JohnF lol swetz lol John swetz now in a day, that can happen DaveM interesting how amos uses multiple filters... swetz which is reason I do use the daily setting in stockcharts DaveM on same stock pnf swetz because the count will be wrong DaveM changes til the story makes sense swetz I mean DO NOT use the daily setting kent seems like the way you do it is fairly accurate swetz I think so Kent swetz ::smile DaveM just takes time, practice and discipline DaveM kent DaveM and like amos says swetz when I am looking at my charts every night DaveM most folks don't want to spend the time Gary_Fullett agree kent so stockcharts has a "wyckoff" setting? swetz I keep the stockcharts.com window at the bottom of my computer Gary_Fullett i must spend the time swetz stockcharts are automatically Wyckoff DaveM no but it has multiple time frames kent cool swetz just got to change the tim period to hourly from daily DaveM for the free service and to get below the daily swetz to properly capture the intraday reversals DaveM setting you have to use the "text" style pnf charts DaveM not the dynamic DaveM kent kent ok, ty swetz the best way to keep PnF charts is by hand like Gary said swetz but with stocks you got stock splits to worry about swetz so since stockcharts.com has Wyckoff style PnF charts swetz and all we got to do is change the period setting to hourly swetz we can generate accurate PnF charts for stocks very quickly DaveM hourly available on the "text" chart type only DaveM but it's free kent ok swetz if basic subscriber swetz can get them on dynamic charts as well DaveM right...10$ a month or something swetz yep DaveM bob and i like free...lol swetz I pay $50 for 6 month subscription Gary_Fullett swetz Gary_Fullett u r unreal swetz small price to pay to get the best PnF charts available on the net kent too bad they don't do futures, lol DaveM he da man aint he swetz lol, kent swetz guys, if I traded futures Gary_Fullett well. swetz DaveM bob's sleeping swetz I would do the 30 major futures markets by hand DaveM or riping up house looking for tax reciepts swetz it would only take 1/2 at most per day Gary_Fullett its what your niche is kent :) Gary_Fullett and thats important JohnF sheesh swetz subscribe master: IBD, DGO, TC, playboy :) BBob I just got my taxes figured out.. now i can afford stockcharts.. lol swetz dont forget Maxim JohnF lol JohnF i forgot stockcharts too :) BBob kids are bringing in a windfall profit DaveM ya john but all that for less than 1500 and you have it all DaveM don't need anything more except ambition and time Gary_Fullett did u all read amos stuff from alst night? DaveM :) swetz if not into PnF charts that is cool too BBob Dave..you get my pnf today of MZZ Gary_Fullett for new poeple DaveM yes, I agree on that one too swetz David, Gary I dont think uuses them that much Gary_Fullett there are logs and archives so dont be lost everyone is at first skylar haven't finished yet gary swetz and they do great kent was great stuff Amos had swetz Joe doesnt use them at all and he does great Gary_Fullett i would like to use them more Gary_W stockcharts is great. You can also create screens that are similar to what swetz gives us with tc2007 Gary_Fullett but time constriants swetz but Amos and I use them a lot and we do pretty good too Gary_Fullett but some use it immensially Gary_Fullett like amos DaveM ya gary ....time Gary_Fullett i guestimate it DaveM it's the constraint Gary_Fullett vs getting the accurate count DaveM use a pencil accross the chart DaveM get's you close Gary_Fullett i use dto do all charts by hand swetz right GW, you sure can kent Zack's thumb, lol Gary_Fullett in the 80;s Gary_Fullett took me hours Gary_Fullett to do a few charts DaveM amazing DaveM i got gary's sister to do mine swetz reson Gary cant type anymore DaveM steves' not garys skylar lol Gary_Fullett lol kent lol swetz his fingers are shaped like a pencil Gary_Fullett eyes going bad lol swetz lol Gary_Fullett thursday are an open forum Gary_Fullett but generlaly swetz and joe wrap things up swetz lol dave Gary_Fullett and swetz does the stock thng Gary_Fullett which is good. Gary_Fullett u will see u all will not type well soon swetz you futures trader need to know how the poor stock traders trade swetz we live on the slow lane while you futures guys live on the fast lane DaveM 2nd thing that goes gary...lol Gary_Fullett swetz great job Gary_Fullett any questiosn on any thing DaveM yes as always Gary_Fullett new pople? kent thinking of going to the dark side if I can get my account up some more :) Gary_Fullett the purpose of this site DaveM today's action and fortelling? Gary_Fullett is to help others trade better swetz I am like a bat kent swetz I like the night Gary_Fullett and to have more eyes for the potiential prize Gary_Fullett always risk swetz ::smile Gary_Fullett but if we have a good syngery kent seems stock charts are easier to read the wyckoff, lol Gary_Fullett we cna hopefully make it kent lol swetz kent excpet that damn uptick rule sucks, lol Gary_Fullett lol Gary_Fullett okay..... Gary_Fullett in stocks DaveM kent you can short etf's without uptic swetz lol kent, no downtick for ETFs Gary_Fullett i expect a move to the 1427-1440 area DaveM too slow stevey Gary_Fullett then to new lows kent lol Gary_Fullett the market is weak and vulverabale swetz lol Dave, my sister must be at your place Gary_Fullett todays sharply lower opening Gary_Fullett was the scare folks DaveM retest yep and we are goig lower Gary_Fullett when they dont want u to knwp Gary_Fullett they sell late Gary_Fullett when they sell on the oepning DaveM ya she can't talk right now steve....little busy Gary_Fullett is to hit sell stops Gary_Fullett and get weak longs out swetz lol, yeah now, lol Gary_Fullett it was too obvious swetz today was public gap too swetz who do you think is selling the open this morning DaveM but is that to move up to 1440 ? then gary? swetz after the market just got crushed swetz the scared public swetz CM had to take other side swetz of trade Gary_Fullett right swetz which explains the reversal DaveM another words gary the scare is just to get a rally Gary_Fullett we said that in class tonight DaveM to 1440 to sell out DaveM ok, i missed DaveM steve's sister has me preoccupied here Gary_Fullett they rallied the market BBob 1408 tonight I believe Gary_Fullett to get the weak longs out early DaveM ok got it swetz only thing my sister knows is how to text message and talk Gary_Fullett then to rally to get new longs in swetz and type swetz lol Gary_Fullett then to flush em to new lows Gary_Fullett a nd scare em DaveM ahh i see DaveM bastards man they are synister DaveM aren't they DaveM lol swetz Dave, we weree the CM last Thrusday DaveM just evil DaveM yep lol JohnF ChinaMen swetz Wyckoff told us to ride their coattails swetz and we did DaveM killing the democrates how were going long DaveM to save the world swetz ::smile Gary_Fullett i explained the stock market in the nl Gary_Fullett and will continue to do that Gary_Fullett because this si history Gary_Fullett thsi type of action Gary_Fullett and will eb heavy stock heavy this month Gary_Fullett with sotck futes Gary_Fullett stock BBob history.. like the zeppelin? Gary_Fullett lol Gary_Fullett okay any questions? Gary_Fullett i need to do soem charst swetz ty Gary_Fullett and thank u all Gary_Fullett this has been great!!!! skylar thanks Gary DaveM no that cleared me up gary Kelley ty Swetz & Gary JohnF gn gary Gary_Fullett if swetz can learn it u all can Alvin THanks Gary swetz thx Gary and good night kent thanks folks good night kent :) DaveM lol JohnF thanks swetz Gary_Fullett ty all good night kent left. swetz that is true swetz lol Gary_Fullett left.