Gary_Fullett joined. warren joined. Art hi Gary warren hi Art Art hi warren Amos joined. Kelley joined. Amos hi warren greetings Amos Art hi Amos and Kelley Jerry Wooda, cuda, shuda story. If I had 750 in my trad acct. amazon option would have neted me 27500. Jerry At close yesterday .15 option closed 5.50 today. Amos I hope you guys realize that this market is VERY educational at this point kent joined. Kelley good evening Folks, hi Art Art hi Kent Amos Those who will learn from this phase--will benefit in the future joel joined. Jerry Hey Kent... ::biggrin DaveM just wish the tuition wasnt' so hi at times...:) joel hello all Bob joined. Kiran lol dave DaveM BOB!! Amos JL said the same thing, Dave Bob Dave! Art hi joel kent Hi art, Jerry, Kelley handles joined. Kelley hi Kent DaveM i know...and he was right and said the market decides the price of tuition not you or i...lol kent hey habdles Bob Market model: GS and SMH continue the rally Art hi handles handles hi guys kent handles, lol handles any charts for tonight? handles hi amos Kelley hi Handles handles hey Yellek Janice joined. kent hi Bob Bob kent! handles EC grains and mkts are on fire......scary Bob amos! DaveM BOB! DaveM KENT! DaveM 1300 DOW!!! DaveM lol kent hi Dave Bob pruden Dow 13, 800 I believe Bob no its Dow 13, 680 Jerry Pruden 14,400 Amos Shall I start? Bob 90% of 7200 + 7200 = 13, 680 is 90% potential DaveM Mcllaren also showed a corelation to a new hi after 90 days from supply day (feb 27th) bob pat joined. warren okay my me, Amos Kelley anytime Amos DaveM yes Amos please Amos When all is said and done-- the market is a financial institution that is ALLOCATING monies Amos I like to think of its primary cause as HEDGING mechanism-- an arena that allows BUSINESSMEN to hedge the normal risks associated with NORMAL BUSINESS Larry joined. Amos At times it is a mechanism for large money to play games and make or lose fortunes Amos At times it is a PUNISHMENT mechanism that must make sure that NO ONE becomes too big. ory joined. Jerry I agree on that. I.E. My loss January. Amos One of the things that is important for LONGEVITY in this business-- is the PERSPECTIVE Amos Archimedes used to say:" Give me a fulcrum and I lift the world!" Amos Important to remember. This fulcrum HAD TO BE OUTSIDE of this world Amos When the market gets a little tizzy--it is always good (if you have the peace of mind to do it) to step away and look Amos at the large picture and maintain some sanity and perspective. Amos This point of the market being a PUNISHING mechanism is very important Amos The market has ONLY TWO WAYS TO PUNISH WRONG MONEY: Amos 1. Make a very strong move and wash the wrong side Amos 2. Stay in place and Kill the Impatient wrong side Amos Being limited to only two mechanisms is restrictive biwi joined. noob joined. Amos Thus when the market does what it does--the exaggeration can be buffling Amos In general all those prediction of targets and numbers-- must be careful biwi shalom biwi hi all Amos It is an exercise in futility Amos No one knows where the market will go. Amos When Prechter said in 70's the market goes to 3600-- he became G-d. But then he said the market is going to 40 on its way to 12000 Amos Instead of worrying to what number the market will go ((and I FALL INTO THAT TRAP TOO--and must SLAP MYSELF HARD when I do it!)--it is much better Amos TO WAIT FOR A SIGNAL Amos As Wyckoffians we have very good tools that can indicate such things--and TO NOT WAIT for those signals can be very costly Amos When the market is boiling-- a lot of things that worked--stop working... this is the way IT SHOULD BE Amos example--the relationship between interest rates and stocks Amos We all learn that money is looking for the HIGHEST ROR==rate of return , or ROI-return on investment Amos And we are taught that smart money always looks for the HIGHEST return on investment Amos So if Bonds offer high return-- stocks will suffer and vice versa Amos We are also taught that Bonds are SAVE MONEY and STOCKS are higher risk--so if stocks befcome "risky"--market will flow into bonds and vice versa Amos Well, if you look at the relationship of the stock market in 2000-- when volatility was very high and a top was formed-- Amos in the first 4 months of 2000- bonds moved about 11 points (89 to 100) Amos Here we are making all time highs in many stocks and what do bonds do? ZILCH Amos Can you learn anything from this? Amos IDK Amos But if you expect the SAME behavior just because it worked in the past-- you can get hit Amos Does it relate to my statement that correlations in the markeplace can be dangerous?! Perhaps Amos But to watch the Market rock, and other commodities do some rumba dance too- and to see the bonds and the short term instruments-- stand absolutely still-- can be educational Amos So, to me , one of the most important thing to do at such phase--is to WATCH and see how market ivolves Amos THERE WILL BE GOOD SIGNALS Amos THERE WILL BE SOME BC and ARs Amos THERE WILL BE WILD RANGES THAT WILL RESOLVE THEMSELVES into tradable trends Amos THe thing is to STAY CALM and realize that you are seeing small tzunamis that mean ABSOLUTELY NOTHING in the long term Amos THIS IS A VERY IMPORTANT POINT Jerry Sorry Amos: IDK, BC, AR... meanng Please. Amos IDK=I DONT KNNOW Amos BC==BEFORE CHRIST or BUYING CLIMAX Amos AR==AUTOMATIC REACTION Chris joined. Jerry Thank you. Amos Well folks listen to this: Amos ANY TRADE DOES NOT MEAN A THING Amos ANY TREND DOES NOT MEAN A THING Amos ANY STRING OF TRADES DOES NOT MEAN A THING Amos IF you are interested in LONGEVITY-- you must realize that there will be times that you will be MORE in SYNC with the market and times that you will lose Amos If you make 100k one year and you lose 200k the NEXT-- then the fact that you had a very good year-- is MEANINGLESS Amos People tend to focus about the NEXT TRADE Amos --I am not pooh poohing this handles an ahora Amos BUT ONE of the things that you MUST LEARN about trading is that it is NOT SO DIFFERENT FROM REGULAR BUSINESS Amos Not in the decision making process-- this is ALMOST THE OPPOSITE of normal world Amos BUT FROM THE POINT OF VIEW OF LONGEVITY Banimal joined. Amos Do you remember Zenith? Amos I used to have a very nice radio by them Amos They are gone Amos Do you remeber the Hunt brothers-- you hardly hear of them Amos To Trade well and survive in this business for a long time means that you must achieve a certain sense of equanimity (not sure about spelling)-- peace of mind and perspective Amos It is MORE IMPORTANT than the NEXT TRADE Amos It may sound vague and too general-- but it is important Amos One of my weakest points as a trader is that I LIKE to PREDICT THE MARKET Amos I spent some time a while ago warning you against this and I got Joe K pretty mad at me Amos Well--I am sharing with you some scars and the natural wisdom that comes with it Amos IF you concentrate on PRDICTING the next target of the market, or what this and that will do-- You are wasting precious energy Amos As I said many times-- MUCH BETTER TO COLLECT INFORMATION and WAIT FOR A CLEAR SIGNAL Amos Sure, this will cause you to LOSE MANY SIGNALS (because according to your risk reward parameters-- you may thing that the entry point of too risky) Amos but in the long term-- it is one of the safest ways to make sure you DO NOT FALL INTO TOO MANY PITS Amos Today, for example-- the limit up move in grains-- what do you folks think it means for the next few weeks? swetz joined. Amos I am asking for your input now Kelley I have no clue biwi up biwi in wht in crn biwi demand handles well the funds wanna own them again now..... biwi less acreage for crn handles and held creek in corn biwi fund buying ory the commod is going through iits naturaal course handles so its reacting off of that joel higher prices handles but i think we are in a TR still in the grains ory so one sees how it plays out biwi wheat 650 biwi crn 550 biwi long term biwi beans dwn Amos Look at the variety of opinions ory are they playing in tandum ?? biwi meal dwn kent beans down, corn a little up Amos you see why trading is so hard? biwi bo up michal joined. warren IDK biwi lol Amos Most of you are trying to predict what will happen Jerry Appears to be still bullish... handles well we have views or we cant trade ory just watching market action Amos The only one who is trying to describe what he sees on the chart is handles who said we are still in a trading range biwi pooh pooh kaporis biwi lol Amos A day like today can be very misleading Amos On one hand the market was able to go limit up (corn and wheat) Amos but did not close limit up biwi no supply on the last break dwn handles if u r always just watching when do u enter.....when u have a high LOK......like corn 360 was a proper long in july last week biwi low volume Jerry 20 dat average is creeping up a little high into the price range. 50 and 200 are good. biwi tonight we moved higher than the limit up in wheat ory when i see a specific principal in play i fine tune my thoughts and decide Amos handles this is really not becoming of you-- if the market breaks out of a prolonged range with high volume-- you have a good trade Amos if you are afraid that it is a FALSE BREAKOUT-- you simply wait for the NEXT RALLY. Either you lose the market because it runs-- or your entry point is a little ory Maybe handles to buy on the retest u do..... biwi crn close to today limit up move tonight Amos less favorable-- but the probability of success is higher handles yes.....it is ory if its a positive re-test Amos BUT TO SAY THAT YOU DO NOT KNOW WHEN TO ENTER is SIMPLY IGNORING ALL THAT IS BEING TAUGHT HERE noob money management strategies. enter with a small core and then add to it handles i didnt say that Amos The problem with most of us is that we WANT TO CATCH BOTTOMS AND TOPS! handles i said u should enter on proper setups like we had last week in corn ory and also knowing the markets you trade handles and not after a day like today handles to me biwi i did H Amos This goes again to the CURSE OF the RISK REWARD PARADIGM biwi in wht and crn handles i know u did.....but u also got in early last week handles on the lower end handles of the range Amos Look, folks-- I am NOT INTERESTED in my talk about the SPECIFIC TRADE-- This is NOT what will make you rich over the long hauf biwi buy strength sell weakness Tom. left. Amos THE THING THAT IS IMPORTANT IS TO LEARN TO THINK OF THE MARKET as a BUSINESS PREPOSITION and as a business man you MUSt evaluate each trade as a NEW BUSINESS PROPOSAL ory nothing new to me Amos One of the things that separate big business successes from others is their willing to take risks Chris left. biwi wht up 10.75 biwi cn up 6.25 biwi sn up 3.25 Amos You have the VENTURE CAPITAL people who are willing to give the START UP money= and risk a lot Amos And then you have the large corporations and the Warren Buffets of the world who prefer to buy PROVED AND PROFITABLE BUSINESSES even if they have to put up MUCH MORE MONEY Amos If I look at corn, for example-- is a buy? biwi right biwi yes biwi ::smile ory could be Amos Even if I look at the daily alone-- I cannot buy corn Amos because it is in a range biwi there a gapleft behind at 311-315 in july Amos If you buy for a scalpthat is one thing biwi dought we get there handles range is 360-390 now to me handles in july ory it may never be filled handles if we bust over 390 area then its anothr story handles u can buy the retest biwi 400 412-415 425 supply handles there's a clear downward trendline Amos This is the problem of getting into specific trades-- it is OK when I am in a trading mode and I want to do somoething biwi we'll break it if we don't get it planted soon biwi ::smile biwi need 4 days clear weather and wind Amos But --what I am trying to do here is deal with larger concepts of trading that, in the LONG RUN, are much more important than the individual trade Amos I set myself up Amos It is also hard for me to read all your comments because the screen flies and I am thinking of what I am trying to say biwi 11% planted Bob left. biwi chart talking Amos This is one problem of being in a trading room sitting al day long in front of a chart and LOOKING FOR ACTION Amos It makes you look and "find" things that many times are NOT THERE Amos To me the behavior of the grains today-- is tied more to the general mood of the markets at this phase of the game Amos Whether you realize it or not-- this is a rather UNIQUE corner. Amos I mentioned it to Gary biwi high is feb say alot Amos I cannot put my finger exactly at what it is-- but the sense that I get from the action in the market is that we are at extremes biwi 1996 chart Amos Markets at extremes can be very volatile (even tho, as I just mentioned-- the bonds have been exceptionally docile lately) Amos When markets are at extremes---you have to trade small and you have to wait for a clear signal Amos It depends on your time frame, of course,--but you MUSt accept the fact that markets can do very wierd things Amos The rise of copper of the last month and a half-- is NOT usual biwi copper handles push much further than we can last..... Amos The rise of the stock market in the month of April is NOT a usual thing Amos One thing that I pay much attention to is the AVERAGE RANGE of things biwi copper .70 to 140 Amos for example-- you would be surprised how many times euro is doing a 100 points day and stops biwi 300 to 400 extreme Amos That is at the beginning of the day I mark to myself the CURRENT HIGH AND LOW and MAKE AN ALERT 100 points away from it Amos I do not know if the market will go there (actually I mark it a little lower than 100 points-- to be ready to watch the market carefully if it gets there) Amos In the BRITISH POIND it is almost double=\= about 180-200 points. Amos Same thing for weekly and monthly ranges Amos We are at the end of the month almost so it is not too helpful-- but if the monthly chart of the s and p, for example has exhibited a ceratin distribution for the past few months-- then it is LIKELY to experience Amos same range next month Amos IF THE MAKRET REACHES THIS RANGE EARLY IN THE MONTH-- I have an IMPORTANT INDICATOR Amos That the chance is HIGH that the market will CURB ITSELF and will REST FOR a few days Amos If y ou look at the Dow and the nasdaq== this April, after today-- is ALREADY A VERY WIDE MONTH Amos WIDER THAN NORMA Amos If you look back many years-- you find that APRIL is rarely a very wide month --THIS IS IMPORTANT Amos What I am trying to veer you to-- is again and agian--the significance of INFORMATION COLLECTION until a CLEAR PICTURE EMERGES Amos One of the BEST WAYS to avoid large losses is to be AWARE of as MUCH INFORMATION about a market as possible Amos I AM NOT TALKING FUNDAMENTALS Amos True, from time to time things that I see you are mentioning a lot like weather, planting, Drought etc--will have their local effect-- but in the long run Amos the thing that can save you most is gathering enough observations about THE CHART in such a way that will lead to a HIGH LOCK Jerry Technicals Always. Amos I do not know where Corn goes/ I only know that I do not want to buy it as long as it sits in a range--even when it shows a day like today--- and goes limit up Amos I also know that I DO NOT WANT TO BUY STOCKS DESPITE THE ENORMOUS STRENGTH THEY ARE SHOWING Amos Why? Amos Because when I look at IBM. FDX, GOOG and other leading stocks-- they are all at RESISTANCE handles they dont make sense up here.....and its at the higher end of the range Amos Sure I MAY LOSE ANOTHER GOOD LEG Amos and someone mentioned numbers predicted by different pundits---but I WANT TO BE IN A BUSINESS THAT I CAN CONTROL Amos I may miss this extra leg-- BUT I DO NOT BUY RESISTANCE Amos and I DO NOT SELL SUPPORT Amos It is VERY GOOD TRADING NOT TO BE SHORT CORN at TIPPLE BOTTOM Amos But is it good to be long? NOT IN MY BOOK Amos It may be smart NOT TO BE SHORT SUGAR at these levels--BUT IS IT SMART TO BE LONG? NOT IN MY BOOK Janice left. Amos Of course, one of the best businesses at such situation is PREMIUM SELLING-- but this is one game that , even tho I RECOMMED TO GOOD TRADERS Amos IS something that unless you are very good at risk control and aware very much about RUINATION THEORY-- you should be careful Amos However when you are at clear resistance and support levels-- selling calls above resistance and selling puts below support-- should be part of the arsenal of good traders Amos I mentioned last time Maximum pain theory Amos Or i did not mention Amos This ties very strongly into the concept of long term trading Amos If you google this terminology you find that most writers refer to it in terms of OPTIONS Amos This relates to the the price level where MOST CURRENT OPTIONS will expire WORTHLESS Amos The subject is treated, at least, to my taste--only as a lip service Amos Since most options buyers lose in the long run-- they mention this as if to say "we DO touch this subject" Amos There is no doubt that the game of options and options expirations is a HUGE ONE and we hear very little about it Amos I told you that if you try to find out the volume and open interes of certain exotic options in FOREX-- NO ONE WILL TELL YOU because it is a VERY CLOSELY HELD TRUISM Amos and the banks are not telling Amos But the writings that talk about this point of over 90% of all opotions expire worthless--is very shallow Amos The MAXIMUM PAIN effect that I am talking about is connected to the PUNISHMENT OF THE MARKET Amos I said there are only two ways the market can punish wrong money: Amos Sharp move or STAND STILL Amos Since we are now at a point in the LONG HISTORY OF MARKETS where we have experienced very large moves for an extended period of time-- you CAN EXPECT THE FIRST METHOD OF PUNISHMENT to be exercised CRUELY Amos I said this and I will repeat it: Amos The market will rise till the last weak short bails out Amos The market will drop until the last weak long bails out Amos The LAST BUYERS AND SELLERS have NOTHING TO DO WITH SUPPLAY AND DEMAND Amos THEY HAVE TO DO ONLY WITH MARGIN CALLS Amos How do y ou know that this happens? Amos According to Wyckoff-- this is the MEANIGN OF Selling and buying climaxes followed by AUTOMATIC REACTIONS Amos Well--automatic reactions in the last few years-- have CHANGED their CHARACTERICSTICS a little Amos I do not know why that is-- but CLASSICAL WYCKOFF ARs are NOT THAT COMMON Amos For a while I thought that they spread themselves over a more prolonged period of time Jerry Lots of new blood in the markets as new first traders. Amos In other words-- I have gotten to a point that I defined an AR that was composed of more than ONE SWING swetz I like fresh meat ::smile Amos So at first blush you can say-- HOW CAN AN AUTOMATIC REACTION BE and A-B-C type of move? Jerry Rare please salt and pepper only...LOL Amos Well-- once in a while this happens Amos But the point that is important to me-- is that EVEN WHEN THE MAXIMUM PAIN POINT HAS BEEN REACHEED-- the reaction after it-- can be LESS OBVIOUS Amos Why is that? Amos I do not know biwi left. Amos Perhaps because of the knowledge that is being distributed to the market Amos I told you that I think (and I thing more and more of this every day) that the fact that so many people are hooked to electronic platforms--- that the large brokers Amos KNOW ON LINE the sum totall of the public leaning this or that way-- and they can EASILY run the market in the opposite direction. Exactly how they did in the old laundromats Amos Since this is rather new-- I find myself too often UNDERESTIMATING a move--because MY MIND says: Amos THIS IS OVERDONE JimC left. Amos Well, overdone is not what it used to be Amos I am not saying that the game has changed-- it cannot because human nature has not changed-- but the fact that technology is introducing a new variable-- I am not sure Amos How it is really handled Amos In short-- as I started today-- I said-- I hope you all get a good education from this "corner" Amos I cannot fully justify this being a "corner"-- in other words== perhpas the corner is much farther away Jerry Its an edge...LOL DaveM it get's one to thinking Amos....interesting view/theory joel thanks for taking the time amos is always very helpful Amos In other words-- perhaps the effects that I sense and am talking about are going to INTENSIFY MUCH MORE before they reach a real climax (I mentioned the possibility of staying here until 2008 junior joined. Jerry yes, thank you as always Amos... Amos to reach the 34 years from 1974 low)--but those of you who look upon the world of trading as a long term business opportunity Amos and want to spend the next 10-20 years trading with eying nice rerturn on investment over that period of time-- MUST BE OPEN MINDED to the fact that things are changeing ever so slightly and CHANGE WITH THEM noob 2008 would also make it 5 years from the 2003 lows Amos You know the Tom Peters principle ( I think this is he)==CHANGE OR PERISH Jerry Flexeability is the word Amos But there is also the other adage: THose who do not change their mind--soon will have no change to mind ory left. Amos The sypnosis I wrote and sent Gary last week is incomplete. Amos But I talk about these things-- because they are VERY IMPORTANT Steve_W joined. DaveM thanks a bunch amos Amos When I say I hope you will get the education provided by the market at this corner-- I mean this: Amos 1. You will get a nice picture of TOP FORMING in the near future Amos 2. You will see slight variations of what should hold in classical terms-- and you MUST ADAPT Amos Jerry said above Flexibility is the word Amos I agree (tho viagra is not so bad either) DaveM lol swetz lol Amos Amos 3. You will see some large moves in the next few year Amos you must be open to them DaveM Amos...would you view feb 27 as a possible Pre Supply? as part of this potential top? Amos The LONGER THE MARKET SPENDS in a phase of preparation or punishment or cause building-- the more people are being conditioned to think a certain way and the next move is exaggerated the other way Amos Again this important point:DO NOT GET TOO EXCITED ON ANY individual trade Amos It is much more important in the marketplace to GRASP THE LARGER MOVES Amos Jim Rogers is a good example Amos I hate him. swetz lol Amos Kelley is it the bow-tie? swetz lol Amos I saw the move in the CRB 2 y ears before him. I lost money being too early-- he made a fortune juming the wagon AFTER THE DOUBLE BOTTOM ON TEH MONTHLY RESOLVED ITSELF handles no its his horseshoe in his arse handles lol swetz lol Jerry What is it with the bow-tie crowd? Kelley lol noob marc Faber is another good macro trader Amos Being good at PREDICTION and then NOT HAVING THE BREATH TO STAY WITH IT-- is VERY HUMILIATING swetz unfortunately for me, I know what you mean Amos swetz ::sad DaveM ya there's a few like that Amos on the Google SMI chat board..lol DaveM long on advice. short on results Amos Those of you who will be able, in addition to their daily trading-- also have the ARCHIMEDIAN capacity to fiew the whole GESTALT-- can benefit tremendously from what we are seeing in the markets right now Amos The KNOWLEDGE that the market many times is like a RUBBER BAND-- YOu can stretch it so far-- but then it DOES COME BACK when you release it-- IS VERY VALUABLE Jerry Is the SMI group still active since David left, I havent' looked. Amos Guys--FORGET ADVISORS-- they are nothing but road signs Amos THE WHOLD PURPOSE of each and everyone of you is TO BECOME THEIR OWN MENTOR Jerry OR BS pervarers...LOL Amos You must learn to trade FOR YOURSELF Amos in the end it is ALWAYS YOU AGAINT THE MARKET and antying else is just a short term flash in the pan Amos I am not trying to teach you this or that method--I am trying to urge you to THINK FOR Y OURSELF swetz to gather information ::smile Amos Every time you make a good trade-- it is important ONLY IF THE METHODOLGOY and the REASONGING that led to the trade were sound DaveM give me a fish....teach me to fish....amos Amos This is the ADVANTAGE OF A PRINCIPLE and a MODEl noob teaching the correct brush strokes for the art of trading Amos True-- there are many times that the model will not work--but it SHOULD WORK more than 50% otherwise-- do not use it swetz I like that noob ::smile Amos Why am I not following things like elliot? Amos Because THERE IS NO PRROF IN THE WORLD that you can be correct more than 50% on your interpreation of the "wave"! Amos Same was with Market profile and others Amos I mentioned to you that ALL OSCILLATORS work only in a TRADIUG RANGE because that is where whey were DESIGNED TO WORK Amos But you still hear people talk about stochastics and RSI and MACD in a TRENDING MARKET swetz Amos - isnt it sometimes tough to determine if the failure is due to the method or just yourself? Amos THIS IS BEYOND STUPId -- THIS IS CRIMINAL Amos swetz--IT IS ALWAYS THE COMBINATION Amos It is like the example I like to give about an Israeli pilot and an Egyptian pilot and I ask wbo is better? Amos Afte 1967 everyone says --OF COURSE THE ISRAELI handles the one with the better plane Amos Well, that is probably true because the Israeli pilots goes thru the MOST RIGOROUS TRAINING program in the world Amos BUT-- PUT THE ISRAELI PILOT in a Fuga Magister and put the Egyptian pilot in Mig33 and who wins? NOT SURE Amos So what is it ? the pilot? the plane? Fantasy island? handles thats what i said Jerry The one with the better training handles. Amos IT IS THE COMBINATION handles same plane and the israeli kcks the arabs ass Amos At times you will find that your method hits every time Amos and then you will find that the same method is costing you a lot Amos WHY? Amos Becuase first you were in SYNC with the market and then YOU DECIDED that you want MORE Amos Remember the FIRST LINE OF THE SYNOPSIS? Amos I will repeat it Amos WHAT YOU WANT TO HAVE HAPPEN IN A MARKET OFTEN PREVENTS YOU FROM DOING WHAT YOU SHOULD BE DOING IN A MARKET Amos From the little that I have seen y ou doing swetz--you approach to the market is VERY HEALTHY-- you WAIT for CLARITY Amos In the long run WAITING FOR situations where the market is clear and your LOK is high and your probability of success is higher than 50%--is THE BEST Amos Of course, once in a while--market give you gifts and then you must act fast-- but these are rare and should NOT be y our main stream MODUS OPERNDI Joe_K joined. DaveM steve is my hero and mentor...and glad to say it... Amos What can I tell you more? DaveM dave...the brown noser...lol Amos this is a tough game-- sometimes it is very easy to make money-- other times-- it is harder than hell-- Amos that is why the statisics is so bad for success in this game Amos at the same time-- I cannot think of a more demanding and more exhilerating game than this Amos Mainly because when you make money you also know that you have beaten some of the best minds and powers in the world and that feeling of accomplishment is worth too swetz lol Dave swetz thx Amos ::smile Amos Another very important point in this is learning the HEALING PROCESS Amos After a loss-- there is ALWAYS a healing period Amos Good traders KNOW to move into their cave and HIBERNATE for a HEALING sleep handles amos.....thoughts on the euro up here? Amos Some people take longer to hear- some shorter--but to learn you personality and the way your soul needs to cope with that process is another crucial aspect of the game Amos My thoughts on Euro are clear to you Amos Since it is almost opposite to the dollar (most heavily weighed)-- I think this is a large double top (or double bottom in the dollar) Amos but the timing is beyond me handles resistance but not a sell yet due to the push to kill weak shorts..... handles right Amos ASll I can tell you is that we are getting closer to the moment of truth Amos Perhpas the fate of the dollar will be tied this time to the fate of the stock market-- I do not know handles should be Amos Just keep watching and WAIT FOR A SIGNAL YOU* UNDERSTAND handles coke is doing well....LOL .....again with abusiness that is losing ground.....I am Canadian and I know what a weak dollar does to earnings.....but its BS longer term...... handles just my 2 cents Amos OK guys I hear the Lord's prayer on my radio in the background- which mean s MY 6 o'clock is in my part of the universe and your time to go to sleep handles google's earnings would be awful if it werent for the dollar being weak Kelley ty Amos handles ty Jerry Stay away from nose candy handles...LOL Kelley have a good morning Gary_Fullett ty amos Banimal Thanks Amos swetz thx so much Amos ! ! ! !! ! Amos Stay safe and watch the market with an eye of a HUNTER!!! warren thank you sir swetz ::smile Amos handles i am watching it like a Sealer handles lol Amos GN folks swetz lol h Amos left. Larry thx Amos Jerry ::beer ::coffee handles come here baby seal......gonna clun ya Joe_K left. handles club Alvin Thanks Amos michal left. handles LOL kent lol Larry left. handles no sense of humor handles ok guys handles good night Art thks Gary gn everyone Kelley lol swetz lol h swetz now that was funny h noob left. Gary_Fullett okay any questions? Gary_Fullett i think toniight was a great lecture DaveM man..for that guy to get up in the middle of the night to jabber to us is just amazing.... Kelley gn Art Art left. Gary_Fullett well he does it for me DaveM thanks gary for amos...LOL Jerry It was that ::biggrin Gary_Fullett beleive me not norrmally amos style Gary_Fullett okay great handles left. swetz yep, Amos is super cool Gary_Fullett i will se eu all tommorw Gary_Fullett david taught him Gary_Fullett for a bit Gary_Fullett so u knwo soem abck round DaveM interesting....he strikes me as a jessie type....lone hand kent good night all :) Banimal Thx Gary - cu tomorrow swetz anybody that praises my trading I like - lol Kelley gn Kent swetz gn kent kent gn Kelley DaveM good nigth gary Banimal Where is Amos from? Kelley gn Gary, ty Gary_Fullett israel swetz cy Gary Jerry Minnasan Oyasuminasai. ::ninja handles joined. Kelley good night Folks, ty Jerry left. Banimal Cool Gary_Fullett lol aswetz Gary_Fullett night all ty Gary_Fullett left.