understand why you feel that way and it took me reading their book on lines and drawing lines on charts just picking any comdy than i saw what they were talking about.That's when i started to trust tat's the key word TRUST their thinking as to were the line must start from Their not talking about the simple lines that you get from buy and sell signals These lines are secondary lines that you draw after you get the signals to get some idea were selling or buy might come in that would not show up on bar charts all the time After i went back and took about 30 charts and started to draw lines like they said it.i understood how important the lines were It' took me a while to TRUST them but in time i did and many times i has been a great help.Nothing is 100% but i found that having another tool that helps that works about 60 to 70 % of the time But if you don't understand why the lines come in at areas that makes little sens i understand i felt same way unitil i read the book on lines Didn't mean to screw your head up if i find the book i will fax the part on lines or mail it i know it came out in late 78 Not reading the book i understand why you feel that way so i won' go into lines any more untill i can get that book for you will look tdy as watching the jets is not fun any more only gets me sick. I know how you must feel about your team too We both need what we wont get in the draft this year Only 2 good passers and we are to far down to get a chance to draft one Good luck with your team Boston 45 jets 7 Smith trows 3, but for Boston TO DRAFT HIM WAS A JOKE ALL THE BEST
no i just day traded the first time she got down there made a few bucks very happy but never got back in , very happy for you .you seem to have a great feel for goog may it follow you into next year .well done again have great xmas To be honest once she got below 500 got sell signal at there i passed on getting short thank god and was luck i did as now it looks like a bear trap once she started to move up more than 3 boxs it was what they call a trap so one had to get long above 500 . with all the back and fourth thought it best to stay out next area were it could see selling is 525 530 area good key is getting back above 50day at 534 if she can than very possible to see 550 area but again watch big mkt if that fails it could put a hold on upside a bit it rallied what 600 700 pts on that dumb broad saying she's holding rates she did that to save the mkt from taking a bigger beating all it did is pro long what we all know is coming and that is higher rates, With idiots running the fed in long run we get hurt by their lack of doing what's right for the country, not what's right for the stk mkt
By the way thank GOD there's no hammer, now it's dead in the water unless it falls on it's #$%$ in the next 20 minutes and close down near the lows ?
I FORGOT THAT CHART TO BE HONES.. I UPDATED THE CHART AND LINES TO. IF YOU GO TO THE LEFT YOU SEE A DOUBLE TOP AT 84 THAN GO TO NEXT COLUMN WERE IT STARTS TO GO DOWN YOU SEE THE X THE HIGH AT 78 YOU DRAW YOUR 45DEGREE LINE FROM JUST ABOVE THAT X AND RIGHT NEXT TO THE COLUMN OF Os you will see that the line comes in just about 93 to 95 the line hits 95 it doesn't mean we go there all it means by the book is you might find selling there Most trades won't know that because they are not using he point chart That's the beauty of point chart lines be it support lines or lines were selling should come in Can't tell over years how the lines have saved my #$%$ from being a pig staying to long or getting out to quick Most important thing is the trust that one must have in the lines we draw because drawing them means nothing without the respect and trust one has with the lines they draw You will notice over time and it takes time to have trust in them Most times if you look at the bar chart you might see that there is also area were in could see selling which makes the lines that much more trust worthy Nothing is 100 ,but you will see more than not they are a big help . HOPE YOU UNDERSTAND ABOUT WERE THE LINES START IF NOT JUST GIVE A YELL AND I WILL TRY TO HELP YOU WITH THEM?
WISH I LIVED NEAR YOU I WOULD BE OVER YOUR HOUSE EVERY TIME IT'S FISH NITE.I WOULD BE A PEST LOVE THE WAY TO SEE THINGS SO CLEARLY AND OBJECTIVELY THERE'S NO FAKE BULL TALK LOOKING FOR CRAZY NUMBERS .I CAN ONLY TALK FOR MYSELF BUT I CAN'T SEE US GOING MUCH HIGHER FROM HERE EITHER.EVERYTHING SEEMS TO BE BUILT INTO THE STK SO FAR THE GOOD VOL, THE SPECIAL DIVI EVEN THOUGH IT WAS LOWER THAN WE THOUGHT MANY UP GRADES I LOST COUNT CAN'T THINK OF A TIME WE HAD SO MANY HOUSES RAISING THEIR NUMBERS , THAT I DON'T LIKE BECAUSE HALF THE TIME THE STK NEVER GETS THERE BE IT OUR STK OR MOST STKS VERY HARD FOR THEM TO BE RIGHT ON EVERY TIME JUST NO WAY THEY CAN BE.I AM VERY HAPPY WITH THE RETURN THIS YEAR EVEN THOUGHT IT WILL BE MY LOWEST YEAR MAKING MONEY WISE THAT IS. My stks i loved to trade all went to dam high goog pcln isrg ,goog was like a gift it seemed every formation was a repeat and a good winner but i think it was end og june looking at my statements i had very few day or swing trads none from any of the above only gld.and s/ps were i was short was lucky there as every time i traded them it was nesr the 20day so risk was very low by with the bull run i stayed away i missed the last 20day avg last week didn't do my homework but cme bailed me out some what still about 25to 30 grand as if tdy lower than last year The good thing 955 was in my ira acct so very little tax for the tax man in fact i have Lu 3000 to go against gains can count on LU for 3 grand for years to come.I hope your year was your best so far, if not had to be very near to it To hold the stk from the bottom 155 56 area all these years take what i don't have BALLS I TAKE MY HAT OF TO YOU MY FRIEND,YOUR THE BEST WHEN IT COMES TO LONG TERM WINNERS HAVE GREAT WEEK END .
only about 9 mill as of around 1 hope for 16 mill that would be ok anything above 12 is ok i guess? I SHOULD HAVE LEFT STOP IN WERE I HAD IT AT 45 THE SMALL CHART LOOKED LIKE THEY WERE GOING TO TEST LOWS BUT AT LEAST I DIDN'T GIVE BACK EVERYTHING IF WE GET A HAMMER THINK I MIGHT LAY OUT THOSE 500 AGAIN COULD GO TEST 90 EVEN AREA THAT WHAT I AM THINKING? i agree with your slow going thoughts would love to see us go into a trading rang say 90 93 work off being overbought a bit than start out next move testing highs if not new highs my thinking is there should be some traders out there that want that 200 bucks divi so they might come in a few days before and that might start a new run up i hope? how is your day going? It's been a great month for us first time in years that we had a run like we had this month for her. alot of talk about 100 or higher agree witjh you can't see it this year but once that ding bat lady starts to move rate and our volume stay like you said about 16 mill a day than we should do very well next year,BUT THAT'S A LONG WAY OFF AND MANY THINGS CAN GO WRONG BETWEEN NW AND THAN BUT I DO BELIEVE WE HAVE HIGHER PRICES TO LOOK FORWARD TO GOING FORWARD, IHOPE I SHOULD SAY? IS IT FISH NITE TO NITE? IF SO HAVE A GREAT NITE
it can't be i must be wrong i have us with a total volume of 242,433 by 14 days gives me about 17 mill avg i must have made a mistake some place because the number has us up about big time over last years numbers at 10.1 mill avg .What do you guys show many thanks
just got stopped out at 27on 92.25 stop not bad fill still pick up about 300 less 14 bucks comm hell it gives me something to do i wanted to sell the s.ps thought better of that, If it gets up near 92.90 might sell the failure that is if it fails from there won't sell above highs late in day Could be making a hammer if so than i might just sell it even if it does not get near highs don't like hammers most times they say ok small pull back might be in order ?? Who knows but it gives me something to watch and trade ?
have a 45 degree line coming from way back coming in at 93 on the head sold 500 at 87 not sure if i a day trading or what still holding 2500 shares which is nothing to your 10,000 but it's still made me good money