Haha you two are a PERFECT example of what people mean when they say the stock market is nothing but a casino. LOL. Hilarious! The problem with the US economy is NOBODY PRODUCES # OR MAKES # ANYMORE! Everyone wants to become a millionaire overnight. All on the backs of the next guy. Everyone has their clean hand in the next guy's dirty pocket trying to make money.

Banking, insurance, finance, are all BS ways to dupe people out of their money. The entire premise of WallStreet is not to make the average joe wealthy by being a "shareholder" it's all about milking the working man out of his wages i.e. labor. It's a game. Economics is all a man made system anyways.

Like everything in this world human beings are tied to a natural yin and yang, nature's balance. Capitalism exists in a balance. A true free market is guided by a harmonious balance between labor and capital. This balance is so far out of whack in the US and the rest of the world it's frightening. And to add insult to injury the entire ponzi scheme is backed up by a fraudulent banking scam and debt based monetary system. The real people that run the world are truly geniuses.....evil ones for sure.

well, casino's are lot more riskier than what I do... and that is all I hope to achieve here is to get people to understand how easy the markets are to consistantly derive a living from. and schocastics is the more profitable way I have found to always be on the right side of the trade... and well frankly, I make more shorting the markets.. but they got a cure for people like me .... causing a short covering rally to make me eat it..
so shorting is waiting for the setup... and the setup isnt there yet... but trading using schocastics is working very well... keep a longer than one day view... since the charts are in timeframes... 15min is the riskiest... weekly is the least... and it happens to be the most profitable as its really long term ..... takes months to go from bottom to top... where daily takes days.... and well 15min... yea, is like he says useless except for timing entrances and exits...

I see your point... but on 3% of money is in his pocket... I want the 97% that has been stolen from the sweat of the little guy. I am attempting to show him with a little patients - a little money - and a little luck... he has something that makes money for him so he doesnt have to sweat. after all Lindsey Williams has 3 new DVD's... they say it aint getting better..before we know it we will too poor to rebel. it also says the Markets will continue to go up... I dis-agree, but who am I...
he says things will continue to get worse and Unclse Sam will start employing everybody and then in 2 years a war... and we lose...
just because people need money to live... I say dust yourself off and
learn a new trick... and get in there and steal your money back, legally of coarse... use their tricks against them.... after all your getting programmed by watching TV, Newspaper, Radio .... so stop paying attention.,.. just watch the charts.... put all your eggs in one basket and
watch it like a mother hen, 25 shares is watching, when the stock goes your way add on a few thousand for a ride... keep a trailing stop so you keep your profits... easy huh... a child can do it.... the rich are human and lazy... who would have ever thunk it could be that easy.... but it is,,,

[edit on 21-10-2009 by Anti-Evil]

[edit on 21-10-2009 by Anti-Evil]

Yes well the Chinese may have to support it since they own so much. I still think it will only help short term. As more bad news rolls in it will drive down the dollar and then when China finally realizes they are stuck, they will stop buying our debt.

What would you do? Support the dollar as long as possible, all the while using your supply to invest in oil and other interests around the world. Then when the depression is realized by first quarter 2010, discretely dump as much as you can.

By the way, easy call after the market has already tanked for the day.

ok, lets take sprint nextel (I own 250 shares for disclosure purposes) and I bought in at 3.50 so, I'm down what 50 bucks and I believe the trade is just beginning so I'm putting my money where my mouth is ... lets follow it and see how I do, check the schocastics and you see how all three are on the bottom... leaning up. now we should see a pop first thing in the morning it may be a
profit center "W" (note this is for learning purposes only and this stock should not be traded on my advise- OK clear) and all three schocastics are in the bottom zone.
you can wait or wade in ... the worse case you get stopped out
say 25 bucks on 25 shares... when it starts going your way...
time your buy and go for a ride. nothing magical just think
about how your stock has moved in the past and if you have
higher lows and higher highs... on the schocastic cycles... and
I just picked this stock to prove a point and I do not advocate anyone to take my word on anything especially not Stocks...
so do not trade this one just watch it and learn....
teach yourself by using these as examples... and please
donate to the American Cancer Society "ROCKS" program, and Saint Jude Childrens Hospital links can be found at www.philsgang.com
thank you...


[edit on 21-10-2009 by Anti-Evil]

[edit on 21-10-2009 by Anti-Evil]

Originally posted by Anti-Evil
ok, lets take sprint nextel , see how all three are on the bottom...
now we should see a pop first thing in the morning it may be a
profit center "W" (note this is for learning purposes only and this stock should not be traded on my advise- OK clear) and all three schocastics are in the bottom zone.

While I can appreciate your day trading techniques, to compare a stock with a futures driven etf is a huge - potentially damaging - mistake.

There is a global shift underway in terms of the dollar - and that is when you look at the sum of all events - that one cannot deny. People and governments are moving away from it.

So, a short term pop may be in the works, the dollar is heading down for the foreseeable future - unless something changes. I would even go against a large, short term, pop as the dollar broke 75 today. That is a potentially huge psychological effect.... before you know it the support of 71(ish) is reached.

Oh, and you'll want to use USDX for tracking of the dollar, not UUP.

Yea, you are absolutely correct -no - UUP as a chart -- but the charts say your full of Bullsh*t.
well, I dont mean any disrespect or anything, but as near as I can tell anything you can Chart works the same way... it doesnt matter... I trade it all even OTC and pink sheets.. but sometimes you see a diamond and I dont day trade... I trade qtr to qtr and some I've had since March... so, excuse you.
yea, and just because its gonna pop in the morning doesnt mean it aint gonna drop at noon.... that real near term forecast is more than likely a pop in the morning... no biggy it aint blasting off to the moon for gosh sakes. it might I dont know, it just meets what I call the best spot for me to enter a stock is in this zone, I could be wrong... lets wait and see if I'm right in a week or two on this Day Trade...

I've never really understood why people want to drive a turtle like a rabbit but they do, they gamble without education and that is the violent moves you see between 9:30 and 9:42 after that the markets calm down and you can see whats going on... so dont panic unless you want out of a postion then take your profits... and never do anything in the markets unless you practice practice and then apply... so papertrade until you smile more than 6 time out of 10. then grauate to the money in the markets... but get the skills first learn your stocks moves, track like 10 stocks, follow 5 stocks... 1 million plus shares a day on average... so start papertrading and when you got it... do it...
and if you still need more guidance - you can join philsgang and we trade live every trading day so you can see 100% everything we are doing.
and well these profits are real... not make believe... these people are stealing from us...
Time to get some back....

[edit on 21-10-2009 by Anti-Evil]

I would like to see the dollar increase in value. I heard that $74.50 is major support. It looks likes it's ready to bounce at least for the short term. Yesterday was a false breakout. Even some of the bulls are saying the market is due for a 5 % pullback. I'm ready for it. The price of gas seems to jump where I live at based on the day's market oil price. From last week to this week it jumped 18 cents a gallon. It even went up another 7 cents a gallon from noon to 6 PM. I'm surprised they don't put up futures prices on the gas station's LED sign if they keep increasing their prices so fast.

For anyone reading this that doesn't know, typically the price of oil and gas will go down when the value of the dollar goes up at least in the last few months. Today the price of oil in the stock market shot up like crazy. That is not good if you don't want to pay and arm and a leg at the gas station. It's very possible the dollar is bottoming and set to rise for a while.

I find the assertion made by the OP and the title to be unsettling, and frankly I am dubious.

If we are not supposed to know about it, how do you know about it? Just because one, not always reliable, stochastic oscillator tells you so? That is what you are implying.

You don't think other traders know about stochastics?

These type of threads/claims can be dangerous, where money is concerned, because they can be terribly misleading - if not downright bogus or wrong. Also, the number of times you mention "join philsgang.com" is nothing but spam, as far as I can see - and doesn't aid in your claims, but moreso discredits it.

Do you have any EW stats/charts to back your claim up? Fibo lines? Cycles? MACD? You are also ignoring fundamentals, and not taking into account any impending black swan events.

Do not take this post as an attack on you though please, as I will be impressed if you are correct. But what sort of timelines are you talking too? In the next 24hrs? 48? And how long are you claiming that the rally will be sustained?

Also, if you are serious about this you would have posted the chart you have been working on or looking at to show exactly what you are talking about. So, could you please post a chart showing your analysis. Thank you.

There is something I do not understand about this rush for gold and silver due to a crash in the dollar. Most people who are in the position to invest in gold/silver know of the evils of monetary systems. So while I understand that it just makes sense from a survival standpoint to prepare, wouldnt it be better to just push for something new? Something that could support everyone? Because supposing everything goes down the way it is being painted it would ultimately just lead to an eventual global currency with the same problems as what we use now with same people at the top.

and explain to me where this is wrong,.... you just keep harping on the lies the establishment wishes to push... how well has that worked for you.... it hasn't well then... try this its not new. it just works.

This sounds like an infomercial for your web site to me.

Originally posted by Anti-Evil
ok, lets take sprint nextel (I own 250 shares for disclosure purposes) and I bought in at 3.50 so, I'm down what 50 bucks and I believe the trade is just beginning so I'm putting my money where my mouth is ... lets follow it and see how I do, check the schocastics and you see how all three are on the bottom... leaning up. now we should see a pop first thing in the morning it may be a
profit center "W" (note this is for learning purposes only and this stock should not be traded on my advise- OK clear) and all three schocastics are in the bottom zone.
you can wait or wade in ... the worse case you get stopped out
say 25 bucks on 25 shares... when it starts going your way...
time your buy and go for a ride. nothing magical just think
about how your stock has moved in the past and if you have
higher lows and higher highs... on the schocastic cycles... and
I just picked this stock to prove a point and I do not advocate anyone to take my word on anything especially not Stocks...
so do not trade this one just watch it and learn....
teach yourself by using these as examples... and please
donate to the American Cancer Society "ROCKS" program, and Saint Jude Childrens Hospital links can be found at www.philsgang.com
thank you...


[edit on 21-10-2009 by Anti-Evil]

[edit on 21-10-2009 by Anti-Evil]

Ok based on your advice I bought 1000 shares today.


i actually did buy them but since I just now saw this, it obviously wasn't on your advice. I bought based on fundamentals. Again, no one buy this stock based on my posts.

i wouldn't be surprised to see dollar make a move up right before it sinks thru 74.50

a dollar break thru 74.50 would put a prolonged rise on oil and gas prices which would not be great for stocks.......it's almost a national security issue to sustain the confidence in the economy and stock market (really lol)