Your right this market doesn't move smoothly, it explodes from one direction to the other. In July 2007 the up tick shorting rule was...
"I share your sentiment like you read my mind!" "I think regardless of oil prices, bad economic data, or even bad earnings, there is nothing...
Notice on the attached 3 year chart of the VIX that the 40 week moving average was trendless (relatively flat) until July 2007 when the uptick...
Some time before the close tomorrow, I am going to take a bullish position on the SPY. Two reasons for it: 1: Fed cute will pop market next...
Chris, The problem with OEX options is Volatility. As the VIX shoots above 15 into the 20-25 area, OEX options get priced rediculously high...
Thanos, You really hit the nail on the head. Excellent summary! To elaborate on what your saying with an example: Look at the attached...
The sad part about the way the market is using the Fed is: The powers to be tank the market before a Fed Meeting so Bernie will lower the rates....
My trading system is insanely complicated. I use a combination of several things that I have learned through the years. 1: Candlestick Charts...
Having traded both stock and index options for about 10 years, I "totally agree" with the comments by Ctarmor-et and MTE. Index and index...
I had a few similar problems with I.B. back in 2001 and 2002, but programming upgrades to the TWS through the years has eliminated any further...
Joe, The summer of 2005 was the peak of the housing boom and it was also the peak sales of the sub-prime loans. Most sub-prime...
Peter Lynch said it over 20 years ago on the Fidelity TV commercials: "The stock market is simple, its all about earnings." So far this...
The attached 5 year chart of the Housing Index (HGX) shows that Index turning bearish when the HGX had its first monthly closing candle below its...
I asked my neighbor "The Great Carnac" for his predictions and here is what he pulled out of his hermetically sealed mayonnaise jar that was...
Good questions John, I enjoyed the correspondence. Jeff
Forex, I sympathize with your decision to quit. When I was first learning to trade options, I blew out 2 accounts in the first year!...
Here is the VIX chart from the beginning of the short rule change to present time.
Take a look at the attached charts of the VIX and SPX, from the beginning (July 9) of the short rule change to present time. One can hardly...
Bender, If you have a margin account with less than $25,000 in it, you can only day trade options 3 times a week. A margin account...
You can see on the attached 4 year chart of the SPX, the long term uptrend is still intact. The 80 week MA has supported every retracement of...
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