Hey Foot,

Just give me a year supply of gas....LOL

2bit

Denmo83, Foot, Gleno...

I did not even notice until you pointed it out Den...now Footsie, am I supposed to get a price now...

da da 50,000th 2bit

Gleno,

It will come within 2 days from a historical statistical perspective

2bit

Foot & Yen,

Ur Yen breaking out from downward sloping bullish channel is a bull concern...

2bit

Footsie, 0.88

Is it a coincidence?

http://bp2.blogger.com/_a7TpQ3KhnQs/SC8oPWmsaYI/AAAAAAAAAHQ/duofxet4LVA/s1600-h/May1708.bmp

2bit

NM, ur crazy

I am sure ur are very skillful in trading but don't u think it is a bit overdone. Ur broker is very happy. Me, just 2 trades today, one long, one short and I am done.

da 2bit

ok be,

A quick and simple illustration, do it for the 30 minutes and you should never have closed out too early..

2bit

http://img381.imageshack.us/my.php?image=illustrationwb2.png

ok, be,

I will get it done for you tonight, either here and if I cannot then at my blog..

2bit

Be,

I used to have very little patience in trading and ended up cursing everyday. One word of advice from my own experience is to use the 5 min for entry and exit and use the 30 min for trend. Scamman used to say keep your trade as long as the 21EMA is not violated and take profits in between as much as you want. Right now I am done for the day and the trend is still down. Today may just be the start of a down trend. Unfortunately, I am going away for a day and will board the sinking ship again later.

good luck

2bit

Someone is betting heavy,

There was a blog of 1100 OEX 655 May puts went through at the close...

2bit

Learn'n,

It is always harder to pick tops than bottoms, ur not alone and guess what u may just be right, I think down turn may be very soon...

2bit

The bulls have to take over from here else the uptrend is in trouble...

2bit

may reverse here,

15 minute H&S target reached, 786 retrace from May1 rise

2bit

Foot, are we there yet?

http://img153.imageshack.us/img153/5560/may5yenwe3.png

2bit

Foot,

Try this...the are normally accurate...

http://futuresource.quote.com/markets/market.jsp?id=index

or delay...

http://www.cme.com/trading/dta/del/globex.html

and they seem to confirm each other at time of writing..

2bit

NM & Foot, LOL,

Hedging is a lie too, if you think about it carefully, at any one point of time you have to take a side to make gains else you will be cancelling out everything...go with the high statistical probability trade and you will be counting them coins..........

da 2bit

Hey NM,

Are you counting them coins now....I am....everything just according to plan...

da 2bit

Hahaha Gleno LOL,

Ya Gleno, he will count them dare coins no matter what happens..

2bit

If I remember correctly NM was net seriously short going into today..he will be one sorry assie if he is not around to play the long side....I will take my 2bit back from him...

da 2bit

The market is trying to break out of this 12800 level....go back a few days you see a downward sloping channel which is eventually bullish....be careful shorts....

da 2bit

Two,

Did you get rid of your puts? I did about half an hour ago...these days pretty much forced to day trade...the bias is still down.. will short it again..

da 2bit

Sorry Footsie, should have looked at the big picture upside down...LOL

Da 2bit

Foot & Yen,

Take a look at this indicator, what do you think?
$XJY:$VIX.... does it not pin point market turns????
MACD says down turn..................................

http://stockcharts.com/c-sc/sc?s=$XJY:$VIX&p=D&b=5&g=0&i=t25112944477&r=5190

From 2bit to Two,

If you count OEX Puts, I am with you...never a doubt...

da 2bit

NM, u go'ing get da 2bit from me hat..

AAPL and AMZN down 5 points AH..no section rotation...

da 2bit

AAPL.

Very interesting, up and down like a yoyo, good profits but forecasts below wall st expectation...looks like a short to me now...

da 2bit

NM

me hat will be off to u, if da morrow is big down day...me 2bit is holding on to me OX puts...

da 2bit

Gleno and Harami,

If you were short, you should not complain about low volume...the future at time of writing is down 6...I do think western science is superior to Jap sticks, if you use western science, you would have shorted yesterday at a Jap white stick...


da 2bit

Foot and Yen,

Look at it differently, this is a downward sloping channel and eventually very bullish and you know what that means to the market...the glass is always half full....

da 2bit

GOOG is the only stock on earth that moves options big time on expiration day. This is the second time that a 10c worthless option would mushroom into 1500 hundred dollars in one day. Wonder why they report earnings always one day before option expiration....

da 2bit

Hey NM,

Violation of da 45d line, non?

Da 2bit

NM,

Good show, I like this line "the price always comes back to said Diagonal line if it wanders too far away, LOL!?"

2bit

NM, NM..

Same as ur proposition, give me da chance to comment...

First, I have to give u credit when credit is due for concentrating on price actions and not on TA, Charts and lies for they are all laggers.

Second, what ur describing are channelling which I have been proposing a lot on my site. Just pivots and channels. Ya, ur right it is going up and bounce on moving averages....

da 2bit

Oman,

Another genie joke for your Saturday night party.

A sales rep, an administration clerk, and the manager are walking to lunch when they find an antique oil lamp. They rub it and a Genie comes out. The Genie says, “I’ll give each of you just one wish.”

“Me first! Me first!” says the admin clerk. “I want to be in the Bahamas, driving a speedboat, without a care in the world.” Puff! She’s gone.

“Me next! Me next!” says the sales rep. “I want to be in Hawaii, relaxing on the beach with my personal masseuse, an endless supply of Pina Coladas and the love of my life.” Puff! He’s gone.

“OK, you’re up,” the Genie says to the manager.

The manager says, “I want those two back in the office after lunch.”

Moral of the story:
Always let your boss have the first say.

2bit

Hey Foot,

Bradley is a real guru. He just says turn but up to your imagination as to what direction..LOL

2bit

Hmmm...

Both the Tansport and DOW weekly charts show OB and about to roll over. I guess will soon see if Bradley is correct. Turn day 07Apr Monday.

2 bit

Hey Foot,

U've left out da Romance and da Religion? Anything goes...??

da 2bit

Hey Foot,

ur site gett'in interesting ..u've religion, politics, romance, love affairs and stock guru. TA, Fibs and lies are only a side bar....LOL

da 2bit

Foot, Rain,

"Stocks and religion do not go together"

May I introduce :

Dow Jones Dharma India Index

The global trend towards socially responsible investing has gone religious in India, with Dow Jones Indexes and its US-based partner investment firm Dharma Investments Ltd launching the Dow Jones Dharma India Index in Mumbai on January 15, the first major faith-based investment product in South Asia.

The Dharma India index is the latest addition to the 130,000 stock indexes Dow Jones publishes globally, including the US, Britain and Japan versions of The Dow Jones Dharma Index.

The Dharma India Index, with 250 Indian companies, features stocks compliant with the code of moral conduct according to
Hinduism, teachings of the Buddha and which also incorporate principles of the Sikh and Jain religious tenets - together, ways of life with billions of followers in Asia and forming nearly 20% of the human race.

da 2bit

Wow,

Eagle-testical-self for sure.

"2bit, 2faced, 2timing, son of a...' 'mental-retard...'''

where do you get such anger?

Trading is supposed to be no stress and fun....as least I am having lots of it....and if I am making money on a level 2 capability, you must be making millions on a level 1 capability...I guess it is my SorryAss to question you...

good luck

da fun 2bit