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>>I'd be all for Shorty starting a thread which critiqued the trades that were 'called' on the Market Gems thread.
As would I, especially if he included his own real time trades and reasoning for them. Would be a benefit here IMO.
The Bird of Prey
>>LOL! What percentage of this site do you own, anyway?
and this is relevant how?
The Bird of Prey
Apparently you've asked the question a number of times before now.
I have seen this response to an unaswered question before...indeed I have been guilty of the *repeated question sysndrome* myself, though not since I turned 5.
Face it at this point the answer must be *no*. And no amount of begging, pleading or scheming is going to alter the answer (I quit that as a teenager).
I also don't care who picked a fight with whom or when it started. Your actions were inappropriate and Matt did what an admin should do.
BTW, to get out of Jail faster it helps to admit your mistake and show remorse.
>>JXM is a very close personal friend of mine
and this is relevant how?
The Bird of Prey
My apologies, Is there some reason you think it necessary to repeat yourself?
Besides, the conflict between Jenna and yourself is not the issue here. The issue is that you do not have the right to disrupt someone elses thread simply because you think they are wrong. That is the kind of thing IH was created to avoid. You do have the right to set up a competing board and let the public decide who they want to listen to.
Anyone that chooses to follow jenna's calls will be happy or sad depending upon the outcome of those calls, regardless of your opinion on how she arrives at those calls.
The same will be true of your board if you have the intestinal fortitude to follow though on your offer. I for one would be glad to see such a board. If you are as good as you say you are I might learn a thing or two.
The Bird of Prey
I'm sorry, I've been immunized against girl cooties for some time now. I'm Married! :>)
The Bird of Prey
>>harassment? Matt, not one of those posts appeared for more than sixty seconds before it was deleted.
So in at least one instance you didn't even wait for it to be deleted before you posted another spam post.
>>If you think asking a question over and over again until you get an answer is "harassment", you may want to grab a dictionary and check it out.
It is harrassment and it's spam and it's disrupting a thread.
That said, I'd take you up on your offer, sounds like a good thread to me, I'd certainly be interested in how a real TA daytrader trades, especially if the "how I do what I do' is included.
The Bird of Prey
drop the http://, no <> use [ chart ] and [ /chart ] (no spaces)
then you'll get this...
The Bird of Prey
bbgold asked what I thought of PSFT
here goes, it has a ways to go...down that is. Strictly from a technical standpoint there is only minimal support until this stock reaches the low twenty's.
Look at the chart
Notice the constriction of the Bollinger Bands as the most recent dive begins (constriction signals direction change). Also the last rally did not close above the high of the previous rally. Longer term PSFT is in a major downtrend making lower highs and lower lows until it breaks this pattern i would be bearish on PSFT.
Short term is also bearish, though it appears that money is flowing in that could be a false signal at this point. it is really to early to tell. I'd feel better if it had broken the downtrend on the last rally but it didn't.
Todays gap down confirms the downward trend.
Conclusion, if you are short or hold puts (smile bob) let em ride, unless something really strange happens this will be lower in February.
The Bird of Prey
test
The Bird of Prey
Poet,
Go here:
http://www.investorshub.com/boards/chat_legend.asp
right click on the image you want and select "properties"
copy the link to the clipboard and insert it into your message with the chart command (see the TEST ibox for details)
Have fun!
The Bird of Prey
hehehehe
1. I waited 29 minutes for you to respond to my post. I once waited 24 hours for a response. With certain individuals I have a policy of giving them as much time as they need to respond because I know they are *busy*. So he waited 17 minutes and then posted 22 times in 32 minutes as an answer to having his harrassment deleted by the board moderator. His first post was Off Topic and probably should have been sent in PM if his intention was to resolve the issue between he and she. All subsequent posts were repeats (spam) and in violation of the TOU.
2. Your response merely repeated the theme stated in your first attempt at an argument. Repetition seems to be a recurring theme here (pun intented). In light of that I'll refer you to point number one for the answer to your question.
3. OK, let me rephrase. The desired response was not expected to be delivered, the sole purpose was to disrupt the thread, and that *is* in the TOU. Hey, this repeating stuff is kind of fun!
4. I doubt you'll get a different answer. The rules are clear, harrassment is a no no. Except on the Parking Lot.
5. If your last statement is true, then *your* sole purpose here is to support the disruption of threads here at IH, or to effect that disruption yourself. Why you want to do this is unknown.
The rules are clear, harrassment is not acceptable at IH. Harrassment is defined by the moderators and either verified or rejected by Matt. Matt also decides when someone needs a little time in the *cooler* to understand this concept.
thank you for playing
The Bird of Prey
>>The list of deleted posts you offered just now all seem polite and respectful...
23 posts in 49 minutes with as little as 32 seconds between posts in neither polite nor respectful. It's harrassment. Period.
None of the posts allowed time for a suitible response. Therefore no response was desired, the sole purpose of the posts was to disrupt the thread, and that *is* in the TOU.
If you don't like the rules...tough. Follow them or post elsewhere. It is as *simple* as that.
The Bird of Prey
KOIKAZE,
Love's zephyr, I like it, and thank you for sharing your story. No, I'm not sorry I asked. It is certainly a much better image than the one I had!
BTW, keep on keeping on.
The Bird of Prey
Contary to what some might tell you...
I much prefer teaching about options and TA to arguing with disruptive elements. I also like it when I come across someone that can teach me about something I am interested in as well.
The Bird of Prey
Good Catch KOIKAZE,
The odd strike prices for GE are the result of the merger with Honeywell last May. Honeywell had split shortly before the merger and it's odd priced strikes carried over to become GE strikes.
My Bad, I forgot to mention that a merger can cause some odd strike prices to rear their heads too!
BTW, may I inquire as to the meaning/source of your Alias? Every time I see it I envision brightly colored fish slamming into WWII aircraft carriers.
Koi = ornamental carp
kamiKAZE = "divine wind" Japanese suicide pilots from WWII.
The Bird of Prey
I can learn from your "playing around", even if it doesn't work I learn something. Where I can I'll help though.
The Bird of Prey
I really hadn't noticed a difference. The only time I get a "lag" when visiting IH is when Sprint "lags" their whole network.
IH though is noticably faster than any other site I frequent. It is so quick I'd have to measure any further performance benefits in Nanoseconds. Nothing on this site loads in more than a second.
The Bird of Prey
Too be honest with you, if I were a 5'2 size 2 lady that was the victim of a 6'4, 260 rapist, the last place I would want to be is alone with him. Unless he were flat on his back bound and gagged. Imobilized. And I got to choose which bat I wanted regular wooden or aluminum!
That's the ticket. ;>)
The Bird of Prey
Aw c'mon john! Don't hold back tell us how you really feel! :>)
It does seem a little shortsighted to get into those high speed chases for traffic violations when with a little common sense and some technology it can be avoided.
I saw one where the fools running away ran a light and got T-boned by an eighteen wheeler that was traveling at 45 miles an hour. Their light truck disintegrated, they were dead on impact. What you don't ever hear about is the psychological damage suffered by the truck driver. Even though he knows he did nothing wrong he still knows what happened to the people in the car.
The High speed chase is dangerous for everyone, we have had three die in such chases recently here in FL. One of them was a pursuing officer.
The Bird of Prey
I have used the Chat feature before but not for some time now. Some folks like it, some don't. It is great for fast moving topics. To answer your questions though...
1. Cannibalizing public posts.
Probably not as much as you might think. The kind of commentary in a chat room is more fluid than a message board. More oneliners and because it's not "permanent" some people are a little "looser" tongued than they would be on a message board.
2. It's available to free members, so iHub may never see a dime from its presence here.
Easy fix. Make Live Chat free for 30 days only, then they must upgrade to premium membership to continue. Incentive!
3. I understand it's a bit unreliable.
That's one of the things I don't like about it. Go for the five star restaurant and get it inhouse, just be ready to upgrade the horsepower.
That said...
You should be able to toss a banner into the page displaying the Chat, everyone else seems to be able to. Refreshing the banner every 60 seconds or so doesn't seem to interfere too much on other chat sites. Some get a little nutziod with the banners IMO. Offer Live chat the same way you offer IH. Free with ads and premium removes ads and adds extra features (smilies, etc). Include it as part of the IH premuium package. adds value.
That would cover all the bases, those that want Chat for free, those that are willing to pay for just chat and those that want it all. And IH can mint some coin from each group. even if it is just a few pennies from the banners.
BTW, is IH still doing text ads at the end of messages on the Free side of things? Might be some room to add those in Chat as well. Also if they were bringing in capital and were dropped because of the complaints you should consider adding them back to the free section somehow. After all you do have to pay for the bandwidth they are using.
The Bird of Prey
It's amazing how little we really know about the choices we might make until actually faced with them. Given the expenses involved to get a DP sentence unless the perp is very young it is often cheaper to house them forever. Especially if we can keep the ACLU from turning prisons into resorts.
I support the death penalty, but would like to see it enforced without 10+ years of appeals. We have a guy (Ziegler, Tommy) here in FL that is pushing his 25th year on Death Row with no execution in sight. Might as well have been a life sentence.
>>once a year a victim family member could come to the prison and get 15 minutes alone with the guy
You might want to rethink this one, especially if your 5'8,160 and the perp is 6'4, 260!
The Bird of Prey
Sure!
http://www.tc2000.com
The Bird of Prey
DiverDan,
Talk about picking a topic! >>Should a man who kills a police officer get the death penalty without a plea bargin?
The Case presented is a tough one. On the one hand you have a dead LEO and his bereaved family. On the other a mentally ill killer and a prosecutor with a no win scenario.
As admitted in the article it would have been nearly impossible to get a DP sentence for the perp. To even try would have cost an immense amount of money. Money that might be needed in another trial later on to secure a DP where it is warranted.
The answer to your question is a difficult one. IMO the prosecutor did the "right" thing. Not the popular thing.
Had the perp been of sound mind and body, getting a DP sentence should have been a virtual lock. Though not the case in every state, at least in TX there is still strong support for the thin blue line.
But the perp in this case is a mentally ill old man. the likelyhood of him being imprisoned for a long time is slim. Undoubtedly he would need extensive medical and psychological care to survive for an extended time. Our prisons are not know for providing such care. Often prisoners like Mr. Hale will spend their time in conditions that most average citizens would find horrifying.
To call the time Mr. Hale will serve "life" demeans the term for us all. In truth his attorney may have done him a disservice by accepting the plea agreement. For the truly mentally ill Mr. Hale's sentence is a fate worse than death.
Let the Vetters family take comfort in knowing that Mr. Hale will spend the rest of his days chained to a bed in the Psych wing. Lucky to have his soiled clothing and sheets changed twice a week, surrounded by seriously ill mental patients that go untreated because the state cannot afford to care for them properly.
Quite honestly, I'm not sure the DP would have been appropriate for Mr. Hale. Nor am I sure the sentence granted was appropriate either.
Anytime murder is committed, regardless of who the victim is or the status of the perp, the effects are far reaching and permanent. That is why one of the Ten Commandments is "Thou shalt not kill".
I have great sympathy for the Vetters family. They will be included in my prayers. Same for the Hales.
The Bird of Prey
Bernard and Bob,
Keep up the good work. I am learning from both of you. I only hope I've been able to repay by teaching you some as well.
The Bird of Prey
Bob,
SD= Standard Deviation.
I use Worden Bros TC2000. For the money it ain't bad. Makes it real easy to set up almost any kind of chart you can imagine. has SD built right in. No, I don't get a commission from them either. :>)
>>Any opinion on the support and resistance theory Bernard and I are using on the indexes Bird of Prey? Do you think that we may be on the right track for a trading strategy here?
Sometimes the simplest strategies are the best. Setting a trendline and trading at the support and resistance is a sound trading strategy. It usually gives good results. It has been around for a while but it still seems effective. For individual stocks as well as indices.
BTW, feel free to call me Dave.
The Bird of Prey
One could also make a case for a cup and handle forming (bullish).
Cup peaks at 9800 and bottoms at 9700, handle taking shape at 9800. short term it could lead to a rally peaking around 9900.
The Bird of Prey
Isn't it amazing how often it has bounced off of the Bollinger Bands?
I have also used an envelope channel based 1 standard deviation from the 30 day EMA. Strange how it always seems to bounce off the channel and back to the mean. Even stranger is that when it breaks the 1st SD it will usually extend to the second SD before returning to the mean.
The Bird of Prey
No problem!
As a very good friend of mine says, it is always good to expand ones vast compendium of knowledge...and to share it with others.
The Bird of Prey
>>Do you usually hold the option until after the split or sell into the rally Before the split happens? Any information or strategies that you have to share are Much Appreciated!
Books have been written on this subject. For a novice I would suggest Wall Street Money Machine by Wade Cook. For the more advanced student I recommend McMillan on Options.
To try and sum it up though. If you have bought in time to benefit from an announcement of a split you can just about decide to sell it anytime during the cycle and profit.
This is the cycle.
1. preannounce
2. announcement (rally follows)
3. Lull following announcement rally (buying opportunity)
4. Presplit rally
5. split
6. post split *
Holding after the split can be tricky. Some companies continue the upward trend, some don't. I have only found one consistant result from spliting their stock. Disney. It always drops after a split.
Usually though if the company has good fundamentals it will continue to rise post split as it did before the split was announced. Be wary however of companies that are splitting a second time in 12 months. You can get burned.
The Bird of Prey
EXTR split 2 for 1 on Aug 25 2000. Any LEAPS or options with strike months still in effect from that time would account for the odd prices. And yes they were selling June 2002 strikes last August. Notice there are no July 2002 stikes of $27.50, etc.
The Bird of Prey
>>What a heady time to learn options trading
Aye! That it was. I started trading options in late `96. Mostly buying calls on split candidates looking to catch the uptick on the announcement. Best I ever had was a little Y2k solution company that split 2 for 1 and the resulting uptick caused a short squeeze. Went from $45 presplit to $60 post split. Almost got rich overnight with that one, Zitel, alas I don't remember the ticker but I believe it has gone bye bye.
It was indeed a heady time for the market. Thrilling days of yesteryear!
The Bird of Prey
I have been thinking about starting a board to teach several of the aspects of charting or TA as some call it. While I don't rely solely on TA it is a useful tool. Maybe we could work together on such a project?
The Bird of Prey
>>It looks like once the strike price is over $25 they move to $5 intervals instead of $2.50 intervals on this stock. I am not sure Why though.
That is correct, from $25 on up option strike prices increment at $5. The reason for this is that as the stock price rises the smaller increment begins to become an insignificant percentage of the overall price. Eventually the spread is too small to be effectively managed by the exchange. With a $100 dollar stock hourly moves of 3-5% are not unusual. This would create havoc on the options floor, with things moving too fast to accurately cover the trading. Look at the difficulties CBOE had when some of the highly volitile tech issues were moving 20 and 30 points every day and sometimes every hour. imagine trying to monitor the market if every issue were like that? The CBOE had to decide on a cutoff point somewhere and chose $25.
BTW, due to stock splits you will occasionally see strike prices in between the $5 increments above $25. After all a 2 for 1 split on a 55 strike is 27.5!
I have made a lot of money playing options on stock splits. That is where I learned what I am sharing with you now.
The Bird of Prey
Sure!
A H&S pattern is where you have a peak (head) with a smaller peak preceding (shoulder) and following (shoulder) that peak. The longer it takes for the pattern to form the stronger the signal. there can be multiple shoulders on either side but only one head.
Since the ASTN chart is looking like forming one I'll use it as an example
The first shoulder is formed just before the 21st of December,
the head is the peak of .40. If ASTN doesn't break through .29 and then break above .40 the second shoulder will have formed.
If ASTN completes the H&S pattern it is likely to return to it's recent lows.
BTW, the upside down H&S is a very positive signal, much like a double bottom.
One other note, the run to .40 was predicted by the cup and handle formation that formed in November and December.
The Cup begins around November 4 and completes around December 17. The peak at each end of the cup is in the mid .20's. The handle is formed through the end of December as the stock trades between .20 and .25. By adding the "depth of the cup" (peak value minus lowest value) to the highest point of the cup the price of .40 could have been predicted any time prior to the 5th of January.
This concludes todays lesson in spotting chart patterns!
The Bird of Prey
My vote is wait and see, the next few days will be very telling. Josh is correct that a close above .29 would be positive, but unless it breaks above .40 as well it will have formed a "head and shoulders" pattern. "H&S" are notoriously bearish. Of course, if it can't even break back above .29 the H&S is already formed.
The Bird of Prey
What is really sad is
all he had to do was tell (show) Matt he'd "be good" and not break the rules anymore and that he was sorry for breaking the rules and it wouldn't happen again.
Guess some people just don't learn.
The Bird of Prey
>>If it wasn't served in 1950, it ain't served here.
Thank God you didn't say 1850! That would have eliminated the fine product of Mr. Daniels ministrations.
The Bird of Prey
Wow, great stuff!
If memory serves, a TV movie was made about this incident and They claimed to have used that report (with the cooperation of the FBI) in making the film.
You are forgiven for misspelling. I am an advocate for remembering people like that as Perpetrator A and Perpetrator B. Especially when the Perp is a serial or celebrity killer. Let's stop making these guys famous.
The Bird of Prey
Next thing you know she'll be wanting bribes, like Chas. :>)
The Bird of Prey
Yes, but immediately after the shootout reporters were making all kinds of wild speculation. As usual they were premature with thier findings.
I sometimes wonder though if he didn't have a little of what I call "Flip Wilson Syndrome"...the Devil made him do it! :>)
The Bird of Prey