New HGTV series.........The egg and I

Woodies CCL Club and auto trading...is that new???

Back in April of 2004, I flew to spend a day with a TS programmer one on one...face to face, and worked over the idea I had about using the CCI in my auto trading. It took a while but talk about a "HOLY GRAIL COW". Now, this was one reason that I got a bug up my ass when we found out the guys over in Woodland were spying on our private chat room in hotcomm. One day, Woodie even posted a chart of prices with the stoch on the bottom....and said that was an accident and we was testing stuff....to stay ahead of the world.....everyone stood up and gave him a cheer..WAY TO GO WOODIE YOU ARE THE GREATEST....well so was P.T. Barnum. I had been trading my little auto system with TS for a couple of years before that event and had put the CCI on the chart...when the computer would pop off a trigger for a trade....I would only take it if the CCI was in a certain condition....it worked just fine for me.

Take yesterday as an example......first bar was a loser.....third bar reversal was good in getting it back...(YES THERE ARE LOSERS, OK). Then the ZLR setup with the stoch at the top.....and when price took out the high of the setup bar we were long and applying the same rules as with all trades...half off and BE.

At point "A" price didn't confirm the setup.
AT point "B" price did confirm the setup for a long trade.
AT point "C" the stoch was not in it's oversold or overbought condition.
At point "D" the CCI was below zero during the open bar.
At point "E" price did confirm the setup and using the same rules it seemed to work.

If woodie was the straight up guy you kool-aide lovin people think he is...I might have given this to the club to use.......but he made the mistake of posting "THAT" chart in his room.....(there was several blog updates on this back then by the way, so I'm not making this up today), now Woodie is "TESTING" TS. So first it was Sierra for a few bucks a month ...keep those expenses down. Then eSignal, no need to talk deals here we all know by now. Then on to PFG, but now it's TS on the horizon....from paypalk which was free, to hotcomm which wasn't to hotconference which is free but can be relabeled so you can have a private a room and he can sell it for BIG BUCKS.

Auto trading is not new....and where is the Duke of Earl, he was working on this using eSignal, remember all those weekly upgrades.....well we all know the stories by now. TESTING MY BACKEND!!!

Whatever happened to trading....this afternoon in the room, the only thing going on was Josey Wells (not being played by Clint) playing music from movies. There was one post that had us rolling on the floor....

The first bar trade worked today......one hell of a short setup.....and a long into the close.......and this guy was up 90 cents.....that makes BoBCathy look good at Walmart doesn't it?

http://www.hurtwood.demon.co.uk/Fun/copter.swf

Just go to: http://www.hurtwood.demon.co.uk/Fun/copter.swf
and give it your best shot...

The chicks are in Cleveland to settle a score or TWO!

The brackets are set.....we are down to just three games left in both the men's and women's college basketball season and tonight the UT Lady Vols are settling in at the hotel in Cleveland as the fans will begin to arrive tomorrow and into Sunday afternoon for the perfect storm. It's been a great season no matter what happens over the next couple of days....Bruce painting himself along with some team members....Pat singing Rocky Top to a sell out crowd.....Last minute wins and last second losses are just part of the game, it's the same with trading you know.....some days it's just like that...then some days it's like the game on Tuesday night with MSU.....a blow out. Couldn't do anything wrong and made a pile of money....Trading and sports "in general" are the same....having a plan, excuting the plan and so on.....winners and losers.

Of course, we are hoping for a National Championship on Tuesday night in Cleveland, but if it's not meant to be....that's OK too. We have traveled with the team several times this year.....flew with them, ate with them, sang Rocky Top with them and learned that they are just kids.....18, 19, 20 and 21 year old kids.....enjoying life and all it has to bring. They play with heart....and with pride as they know they are a reflection of a long line of players who have gone before them....yes they have pride......and this weekend it's not about one player....but about playing as a team and showing the world what they are made of, as a team......and the Pride of the South.

We'll be back on late late Tuesday night......with a lot of pics and caughting up to do, but until then have a great weekend and GO VOLS...."you will always be home sweet home to me"......

Day trading......the real money is in stocks......and here is why!

Abstract
This article puts forth the argument that with the transfer of stock trading from what could be called an analog world of phone calls, faxes, and trips to the local bank, to the computer-mediated environment of the computer screen, the market becomes the site for new types of individual experiences and practices that cannot be predicted, captured, or understood with existing economic and finance theories. Specifically, by giving the stock market an interactionally- or response-present face-in-action (Knorr Cetina & Bruegger, 2002b), the computer screen alters investors' conventional relationship with, and perception of, the market. It is suggested that the market-on-the-screen gives birth to the market as a place for edgeworking (Lyng, 1990), or experiencing risk as an end in itself. A prerequisite for edgework is a real sense of agency, afforded to the individual investor, for the first time in history, by the computer.

Introduction
When the investment boom of the late 1990s came to a grinding halt in the spring of 2000, online brokerages like Ameritrade and e*Trade felt the direct impact of the market downturn. Trading volume and thus commissions declined sharply in the immediate aftermath, and kept falling for the next 18 months. The pervasive optimism so characteristic of the new online investor class that had formed at the intersection of technological innovation, neoliberalist economic expansion, enterprise culture, and the progressive individualization of society (e.g., Beck & Beck-Gernsheim, 2002; Castells, 1996; Gagnier, 1997; Heelas, Lash, & Morris, 1996; Sassen, 1999) was precipitously replaced by a more sober sense of capitalist promise and personal vulnerability. The arguably irrational exuberance (for a different view see Castells, 2001; Mandel, 2000; Shiller, 2000) of the end of the millennium, the excitement of millions of small investors trying to hit the jackpot, the raging trading activity they displayed, and the sizeable profits they generated for online brokerages may not return for years to come. Lately, however, the buying and selling of stocks is making a comeback, as evidenced by rising trading volumes and increasing profits for brokerage firms. In 2003, the previously battered stocks of Ameritrade Holding Corporation and e*Trade saw their share prices triple. Three years after the bubble burst, it may be concluded that the benefits of the digital format have established the practice of online trading as a successful and enduring online business model.

As significant as, and related to, the transformation of the practice of personal investment into a seemingly trivial, consumerist act of "online shopping for stocks," is the change in the phenomenological condition of investors' apperception of stocks and the stock market. In the process of continuous and unlimited unfolding of new communication and information technologies on the field of global financial flows and exchanges, the virtual qualities of a visual representation governed by the computer screen have come to dominate the relationship between the investor and the market. The screen brings a geographically dispersed and invisible market close to the participants as a virtual representation (Knorr Cetina & Bruegger, 2002b). Drawing on Virilio's concept of virtual theatrialization (e.g., Virilio, 1989, 1991, 1994), I argue that the representational work of the screen alters the perception of the market, giving birth to the market as a site for experiencing risk as an end in itself. The perceptual disruption caused by the market-on-the-screen is a function of three distinct yet interrelated processes: aesthetization, virtualization, and de-realization (Virilio, 2000b).

Aesthetization refers to the transformation of the stock market into a symbolic space on the screen. The aesthetics of the screen constitute the stock market as interactionally- or response-present object of consumption (see Knorr Cetina & Bruegger, 2000). Hence the screen fundamentally alters how investors can relate to and experience the market. Virtualization denotes the process of substituting reality with virtual representations via instantaneous communication. Progressive virtualization of its key components only permits mediated perception, which turns the investing experience into a theatrical and unreal spectacle. Illuminating this perceptual transformation is critical for our understanding of the experience of online investing because it is only after the phenomenon has been de-realized in the mind of the investor that it emerges as site par excellence for voluntary high risk-taking behavior. Put differently, an aestheticized, virtualized, and de-realized market-on-the-screen is where, to paraphrase Goffman (1967), the action is.

The rest of this article is divided into three parts. First, I explain what is meant by the aesthetization of the stock market. The goal is to show that the computer screen recodes and repackages the stock market as consumption object while enabling the individual online investor to gain a sense of (consumer) agency and self-actualization. A sense of agency, of being able to interact with, and act on, the market, is a prerequisite for experiencing risk as an end in itself, a concept Lyng (1990) calls edgework. Second, I introduce edgework, contrast it with the more familiar concepts of flow and gambling, and then apply it to interview data to show how my informants "use" the stock market to experience thrill by getting "close to the edge." Third, I suggest a model in which the agency of the investor delivered by the screen is enacted before a background of altered terms of perception of the environment, producing a theater of action characterized by a distance from reality (de-realization). The sense of agency in a de-realized virtual world is a recipe for transforming the market into a space where the experience of risk becomes an end in itself.

For this article, I draw judiciously from interviews I conducted with 25 small online investors in Germany, Denmark, and the United States between the summer of 2000 and the fall of 2002. The majority of the informants entered the investment game when the Internet suddenly afforded them direct access to the market. Because of the nature of the research site, this study provides unique insights into the effect of computer-mediated communication (CMC) on human action in general and economic behavior in particular. The dominant approach of finance and economic theory to new media is functionalist. These fields theorize investment activities as actions taken to maximize risk-adjusted returns in the market. The more information is available to each market actor, the more efficient are market exchanges. Put differently, new information and communication technology create more transparent markets, thus simply enabling otherwise fundamentally unchanged economic exchange processes and encouraging rational investor choice (see Bakos, 1997, 1998; Shapiro & Varian, 1999; Varian, 2000; for a different view, see Barber & Odean, 2001). From this perspective, the Internet allows access to more and timelier information about prices, firms, current events, and other topics that might affect decision-making in the market. Therefore, consumers and investors can be expected to be better informed about the quality and value of market offers, which leads to better decisions regarding how to increase profits while minimizing risk exposure.

However, with its emphasis on a de-contextualized concept of information flow rather than a contextual concept of meaning, economic theory remains blind to the perceptual transformations wrought by the new vision machine. Behavioral economists recognize the importance of context, or what they refer to as the framing of the problem, and draw on psychological theories to explore investor behavior (Shefrin, 2000; Statman, 1999). They are therefore better equipped to look for systematic deviations from what is conventionally considered rational behavior. Prominent studies by two behavioral economists (Barber & Odean, 2000; Odean, 1999) show that customers of discount brokerages trade more than other investors, and that of those discount customers the ones that use the Internet trade the most of all. Yet explanations for this seemingly irrational behavior do not include any effort to account for the nature of the trading medium.

By contrast, the cultural and visual approaches taken in this article aim at addressing both the medium's facility to alter familiar patterns of human perception and the effects of altered perceptions on user behavior in general and economic action in particular. Specifically, and contrary to conventional theories of investing, I argue that the computer screen encourages both an investor subject as frequent trader and investing as edgework, where risk is not sought to be minimized but experienced as an end itself (Lyng, 1990).1

MOST RECENT URBAN LEGENDS

MOST RECENT URBAN LEGENDS
Jet Blue, with its extra leg room, is the official airline of “Dancing with the Stars”.

Refco stands for Real Easy Financing Clinton Only.

Al Gore invented the Pillsbury Doughboy.

Jerry Falwell supports “Bong Hits 4 Jesus.”

There is DNA proving Elvis fathered Nicole Smith’s child.

Dennis Kucinich only shaves once a week.

A runny nose while taking Flomax means your mojo‘s working.

Vice President Cheney wants to be called Richard, not Dick.

MVP Steve Nash of the Phoenix Suns got thrown out of Canada because he couldn’t skate.

The market doesn’t have to talk to YOU, to be a successful trader.

TonyUK from the Ukraine worked Covert Central Intelligence (CCI) for Внутренние войска Министерства внутренних дел, Vnutrenniye Voiska Ministerstva Vnutrennikh.
JAB

Day trading with defined risk....is a key at times.

I guess the one thing I like about the first bar trade setup is this....you don't have to spend hours watching MARIA...and the rest of the empty suits on CNBC or BLOOM. You don't have to spend hours reading the Wall Stret Journal, IBD and so on.
You just stop by the kitchen and pick up a cup of joe....stagger into the office....fall in your chair, open your frontend and just sit there and just stare at the clock.

Like all trades...it's either going to work or it isn't....plain and simple. You will either make money or you won't. How many times have you had "YOUR" perfect setup...the mother of all trade setup and in the end ....LOST MONEY?????

Well except for Woodie...I would have to think that the rest of us all have...so which is the most important....the setup or the management of the trade that caused the end result....either for the good, the bad or just down right ugly.....

Is trading about the 21 setups, the opinion of someone, or is it about management and having the stones to stay with your plan???? How many times have you had that perfect trade and instead of following your rules....you decided you were smarter then that.....I wonder. When you look in the mirror tomorrow morning as you shave that mug of yours, maybe you can answer that one for yourself.....how many times.....?????? See you can makeup whatever to the rest of us....BUT NOT YOURSELF

Day trading and one of THOSE days today......

Well, the "RULE" says that you would take the breakout of the first bar....which means you have to WAIT for the close of the bar...RIGHT? And that really means the close of the second bar or sometimes the third...until one side gives it up but not both sides on the same bar. That is sometimes the problem...no one wants to be left behind...including yours truly. But rules are rules and if you for whatever reason don't follow the rules, then you reap what you sow.

Today, the second bar took out both the high and low of the first bar and would have voided this setup......and since there was no first bar trade setup.....then a third bar reversal would be voided also..........which means back off to breakfast and then off to a shoot around with the girls.....

Helping to wash dishes when you are 2....has some benefits....

So you are 2 and want to help out around the house.....you want to run the vac....drag out the trash bags....empty the trash cans...and so on. You even want to help wash the dishes and before you know it....your naked in the sink and up to your ears in soap......having a ball. Remember when you did this to "YOUR" kids....hehe.

I am not sure what is going on here....but by the look on his face, he has found the soap....RIGHT???????

The good ole days....all over again.

Woodies CCI Club going to raise money for charity ONE MORE TIME

Woodies CCI Club is selling stuff....so you can have more stuff in your closet but also to raise money for charity.....where have we heard that before?

Woodies CCI Club and it's all free...come on in let's talk

So Woodie has been on the hammer lately about owning.....owning...owning a chat room company called TalkLive.com. I agree he owns TalkLive.com but let's not fool ourselves now...OK. Since you can't PM anyone in the free room and want to talk privately with your close friends about how to trade and other things having a private room makes a lot of sense....now doesn't it? BUT.........

All he has done is re-branded hotConference.com product for you.....while paying them $29.99 a month for a private room he is reselling it to you for what again? Oh yea, $49.99 a month...no no that's not right. $89.99 a month sound about right..RIGHT? $129.99 a month.....no that ain't it either....$149.99 a month, not that's how much it cost for TS I think? $199.99 a month......$219.99 a month....$249.99 a month.....$289.99 a month.....DANG.

Going Going GONE....for only $300.00 a month you can have your very own private password protected chat room and also have TonyUK being your tech support for you...now that sounds like a deal to me. With TonUK and his group being tech support I feel comfortable that he wouldn't be spying on anyone.....now would he? Wonder if you bitched about something or someone from the main free room in your private room would the head master kick you ass out the door......not that hasn't happened before.
ROTFL.....

OF COURSE.....if I think back and heard someone say...."This is a business you have to keep yours expense down, that's why we ain't using eSignal, they are to expenses."
Oh oh.....we use eSignal now and I guess we got over that one...RIGHT?

OF COURSE....if I think back and heard someone say...."We are just traders helping traders and there will be better trades down the road." I think it might need re-worded......We are just a couple of old guys helping ourselves and there will be better and better deals down the road for all of us.....(meaning W,T and G.)

The Woodies CCI Club Kool-aide line is waiting, please take a number PLEASE...

Trading my way to riches.....can I????

I guess the biggest question if you want to trade for a living is knowing what to do in order to reach your goals....do I use the MACD or the RSI or this and that. I saw an info commercial on TV that had this system that looked good, should I buy that? I think the first question is what market should I trade is a place to start....because stocks do not trade like corn does and the forex doesn't trade like the bonds do and so on. They all their own little thing just like your kids...but once you decide on which market you want to trade then you have the second major question to contend with....and this is.....

Designing a style or system has one problem and if you look at this 5 minute chart of last week you see what I mean. "A" was a trend day, what a wonderful world it would be if everyday was a trend day...now won't it. "B" is a reversal day, make it in the morning and give it back after lunch. "C" is a BSski day where the trend day people get killed and the reversal people are banging their heads on the desk.

So how many "A" days are there in a 100 trading days of the market you want to trade?
How many "B" days and "C" days....because I believe you have to figure out what kind of style or system you will need to get the best results.....

Do you know this already.......I would say that 99.3% of people trying to trade don't even have a clue about this idea.....think about it...do you know?????

It's that time of the year.......hehe

The IRS decides to audit Ralph, and summons him to the IRS office. The IRS auditor is not surprised when Ralph shows up with his attorney.

The auditor says, "Well, sir, you have an extravagant lifestyle and no full-time employment, which you explain by saying that you win money gambling. I'm not sure the IRS finds that believable."

"I'm a great gambler, and I can prove it," says Ralph. "How about a demonstration?"

The auditor thinks for a moment and said, "Okay. Go ahead."

Ralph says, "I'll bet you a thousand dollars that I can bite my own eye."

The auditor thinks a moment and says, "No way! It's a bet."

Ralph removes his glass eye and bites it.

The auditor's jaw drops.

Ralph says, "Now, I'll bet you two thousand dollars that I can bite my other eye."

Th e auditor can tell Ralph isn't blind, so he takes the bet.

Ralph removes his dentures and bites his good eye.

The stunned auditor now realizes he has wagered and lost three grand, with Ralph's attorney as a witness. He starts to get nervous.

"Want to go double or nothing?" Ra lph asks. "I'll bet you six thousand dollars that I can stand on one side of your desk, and pee into that wastebasket on the other side, and never get a drop anywhere in between."

The auditor, twice burned, is cautious now, but he looks carefully and decides there's no way this guy can manage that stunt, so he agrees again.

Ralph stands beside the desk and unzips his pants, but although he strains mightily, he can't make the stream reach the wastebasket on other side, so he pretty much urinates all over the desk.

The auditor leaps with joy, realizing that he has just turned a major loss into a huge win. But Ralph's attorney moans and puts his head in his hands.

"Are you okay?" the auditor asks. "Not really," says the attorney. "This morning, when Ralph told me he'd been summoned for an audit, he bet me twenty thousand dollars that he could come in here and piss all over your desk and that you'd be happy about it."

It's basketball time in TENNNeessseeeeeeeeeeee

First comes the guys......

Then comes the gals......
Both hoping to go the Sweet 16 dance....and we are "OUT OF HERE"...the jet is waiting, the teams are ready.....the blog might have some down time until the dust settles after the first round this weekend.....GO VOLS!!!!!!!

What am I....If I am not what I am????

If you can resist complaining and boring people with your troubles,

If you can eat the same food everyday and be grateful for it,

If you can understand when loved ones are too busy to give you time,

If you can overlook when people take things out on you when, through no fault of yours, something goes wrong,

If you can take criticism and blame without resentment,

If you can face the world without lies and deceit,

If you can conquer tension without medical help,

If you can relax without liquor,

If you can sleep without the aid of drugs,

Then you are probably a golden retriever.

THOSE BASTARDSssssss.............

So there we spend billions and billions of dollars from 1990 right up to the December 31, 1999....The whole world....the MEDIA....even Maria was worried that the world as we knew it would come to a halt....traffic lights, coffee makers, power plants, you name it wouldn't work. Companies using the JIT inventory management systems and production schedules would have far reaching problems in getting fresh fish from Cape Cod to fresh strawberries from California...yada yada yada....

And what happened...NOTHING...which then caused the companies to cancel order with CSCO, LU, etc which by the end of the first quarter.....WELL, it was over...someone blow out the candle and the party was over. BEAR MARKET for a year and a half.

This morning something as simple as setting your clocks ahead one hour in the USA has caused more problems then YK2 ever thought off. ALL Mircosft products except XP and Vista are not supported by MSFT, so go to hell was their reply...SCREW UP and upgrade....oh yea....and it will only cost you.....yada yada yada......

So do we hate the government for forcing this upon us....or do we hate MSFT for not providing customer services.......BIG BROTHER AGAINST BIG BROTHER!!!!!!

It's great to be an AMERICAN, we at least I know I'm free......never mind!!!!!
Where is my credit card at?????

For those who trade for a living and enjoy Trade Station...you know what I mean about "ANY" upgrades or changes when it comes from then. When we went from 4.0 to 2000i I was down for 4 days......then from 2000i to TS6.0 build 2236...I was down for another 2 days......and I have not done anything to my main computer including shutting it down....I'm afraid to touch it. NOW I HAVE TO UPGRADE THE OPERATION SYSTEM...THIS MIGHT GET UGLY....REAL UGLY!!!!

BASTARD!!!!!!!!

We took a poll.............

TALES OVER BANANA PUDDING
A poll of NAACP members think the spouse of Barack Obama, Michelle, is more black than Hillary Clinton’s spouse, Bill, even though some say he was the first ‘black President.’

NRA members would rather hunt rabbits with Elmer Fudd, followed by, Ryan O’Neal; Dick Cheney was a distant third.

The National Weather Service said it would take a category 3 to mess up Mitt Romney’s coif.

A survey of the senior class at Trump University, We Teach Success, found the following:
---96% thought Kucinich was something Popeye ate to make him stronger; the other 4% didn’t answer the question in the allotted time of five minutes per question.
---100% knew where Anna Nichol Smith was buried, the name of the cemetery, the plot number and her vital stats.
---the other questions and answers are immaterial, since, they required the use of a pen.

If you want more media coverage in a day than Biden, Edwards, Dodd and Richardson combined get in a week, be a student at Duke University, and tell anyone who cares, that you don’t like your father’s third wife. “The real news is bad news”, Marshall McLuhan.

Canadians overwhelmingly favor John McCain to be the Republican nominee for President according to the American Legion of Canada, Kentucky.

According to TV Guide, John Murtha, Tom Delay, William Jefferson, Dan Rustinkoski and Bebe Reboza are the people, readers would most like to see on ’Deal or No Deal’.

The 1994 Republican Contract with America co-authored by Newt Gingrich did address ‘accountability to end the cycle of scandal and disgrace’, it did not, however, mention affairs of State.

Psychology Today, in a recent article, said successful day traders regardless of their sex are more likely to have stones between their ears rather than between their legs.
JAB

March Madness in Orange Country

Coach Pearl talked about the season....the men....and the future...making it to the Sweet 16. When Arkansas was picked everyone went nuts, because they are ranked 3rd in the SEC and with UT ranked 2nd...that meant UT would be in the dance.

Then the annoucement.....UT ranked number 5 in the Southern bracket.....the place went nuts.....Dane (the only senior) then spoke about what it meant to be in the dance this year and his time playing for UT......what a party it was....NOW LET'S DANCE.

Drywallers.....YOU're out of here ........

Well, we had an accident because the drywaller nailed a 2x4 on a window frame with just two uncoated nails. This setup doesn't make me feel any better but it's was tied down four ways to Mary...whatever that means. Before they covered it with drywall the electrcial outlets are marked in orange circles and where the stone will go later on.......

The last area to have drywall hung was the kitchen and breakfast areas, where there is a corner.....instead of having a boring corner I decided to extend them into the kitchen area and angle them to 11 degrees. OF course, there is the arch that is part of the overall theme of the house and a multiple level ceilings just to make it more interesting....

The finishing crew didn't care for all the rounded corners and then having them arched, put that part of the game.....Finally they are done.....and THEY'RE OUT OF HERE ......hit the road and take your dust with YA!!

Day trader ....close your eyes on hang on....

Well, again the first bar proved to be a little trouble this morning....no problem I said we can wait for the third bar reversal......so at 9:39 we started to wait..then 9:42...then 9:45...then 9:48...then 9:51 and I started thinking about lunch. Then the third bar reversal went short at 9:54 and day dreaming about banana puddin had to stop.

If you study the rhythm of the market...the swings....doesn't matter on what time frame and your favorite indicator dancing to that rhythm....well my heart pounds when it starts to go against me, but when it turns down like a point "A" I can at least move my stop on top of that pivot and reduce the risk I have. When the Stoch go into oversold......and then I just need to wait for the high of the last bar to be taken out.....point "B" and then move on to BE. Once the stoch moves back down which is point "C" then I can again move the stop to lock in pocket change on the second half....seems to work....just enough to keep the frig stocked with orange jello and whipped cream......ROTFL....that's because

Days can be sunny, with never a sigh
Don't need what money can buy
Stoch on the chart sing their day full of song
Why shouldn't we trade along?

I'm chipper all the day, happy with my lot
How do I get that way? Look at what I've got

I got rhythm, I got swings
I got my mouse...
Who could ask for anything more?

BIKE FOR SALE

PRICE: $10,000.00
YEAR: 2006
MAKE: Suzuki
MODEL: GSXR 1000

This bike is perfect, it has just 1,000 miles and has had it's 500 mile dealer service(Expensive). It's been adult ridden, all wheels have always been on the ground. I used it as a cruiser/commuter. I'm sell it because it was purchased without proper consent of a loving wife. Apparently, "DO whatever the f*** you want", doesn't mean what "I" thought. Call Steve (801) 867-8292

Day trading and staying with it.....where is the Woodies CCI again

Yesterday I got blasted by the first bar setup and again by the third bar reversal, well, that is just part of this game and "IF" you have done your research and found what will give you the best odds of making money each day. THEN, today would be no different then any other day.

We had a breakout to the long side this morning and when the STOCH got up to overbought at point "B" it is time to manage the trade and that, OF COURSE, would be up to you on how to handle this.......then at point "C" I would again manage the trade by moving my stop up under the pivot.....and got stopped out with a profit on the second half.....

Some have asked about the stop......do I place it under the low of the first bar or should I place is a tick or two under that low.....great questions. You might want to take a look at placing the stop under the pivot on the 70T that is printed by the stoch being oversold at point "A". This might help reduce the risk on the trade....but you will have to decide what works the best for you.

Meanwhile back at the house...it is still shakin time.

Shakes are sold by the square and because of the scale of the house we had to use the thickest shakes on the market, around 1.5 inches on the thick end of the shake itself. The arched window created another problem with the wind and rain there is up here on the mountain, so each piece had to be cut one at a time...clued and then nailed....to say this took a little extra time is a mild understatement.

The cutter would pick thru the pile of shakes trying to use all they could, but in the end we had about 15% waste....which turned into starter wood for someone elses fireplace....:) The office area has turned out very nice...in my opinion and we are pleased......With the cherry picker the guys are working on the copper roof system on the overhangs around the house......and every square inch of copper is watched like a hawk watching a bunny rabbit running across a yard..........

CCI The Snowman Show melts in a puddle a'tears this afternoon

Well there I was bored....so I logged in to listen to The Snowman. A Famir here and a GB there, a Vegas trade that became a Shamu which was really a ZLR..........and all the while....the price held a narrow range. It wasn't pretty watching it unfold.

What if they had used price with there setups for a trigger.....what if??? It got to the point where the TAL promo started.....60 attendees and 10 moderators all coming on their own dime....THAT I CAN BELIEVE!!!!
TC will be doing a yada yada spreadsheet, "The trade-a-longs are great, the price is right and you need to come", Snowman said. He continued by saying, "That ALL MODERATORS trade for a living.".....hummmm. He then played his Happy Trading song as the day ended.......with tears in my eyes.

Just wish I had a nice tall glass of Woodies CCI Club koolaide to enjoy as I listened to Roy and Dale sing.............whislting.....

YEA YEA....one of those days baby....just one of those days

Well the first bar trade just got you long today before it reversed, no problem I said to myself with a smile on my face. I'll just take the third bar reversal..RIGHT!!!!....and it was a short, of course, that is why it's called the third bar reversal.....:)

I personally love shorting the market only to find out later.....like when I'm stopped out that was the low tick over the next hour or so.....nothing can make you fell like a winner then having it handed to you...BUT THAT TRADING.....we'll get'em tomorrow........

It just makes you want to do something crazy at time........doesn't it...anyone have a trading system for sale.......maybe I just need another filter or something...HELP!

One of my fans.......lives here????

I had to turn on the censor tab on this blog because a few....just a few people had a potty mouth and a really bad attitude....I feel sorry for them because if this is the way the actually live...well then they have a real problem far beyond trading.

We watch thru a number of sources, who logs in, how long they stay, the number of pages they scan and so on....The latest greatest feature of this tracking software is the ability to get it right down to their front door so to speak.....so when my one fan logged in, we went to see what kind of house they lived in......hummmmm

HOUSTON we have a problem...since there ain't no house. Hope Google goes back to the drawing board on this one....ROTFL, because it's a vacant lot....

Daytrading for 400 bucks....are you ready????

So there we are....down day after down day.....selling and more selling...then today we get a first bar BUY setup.....did you have the stones to take it....

Well, "IF" you did your research and had the confidence from that research and then decided to be a trader instead of just sitting there playing in some chat room....you would have been long and when the price got up to point "A" or point "B" took a little off, went to BE.........or maybe even held on to point "D" well....you know you would have been in great shape to get that 100k this year......

Point "C" is where you might have also considered moving a stop up to lock in some additional profit on the that second half........see how easy this could be...and how hard you might be making it......just think about it tonight when you are lying there awake at 3:00am thinking about how you can make it!!!!!!!!!

Daytrading and I want to be a millionaire...an soon!!

So let's talk about how we can make a million dollars daytrading.....heck why not discuss making 10 million this year. We have 10 months left so let's get at it dude.

I guess the first question is.....yes, there is another list of questions for "YOU" to think about, so let's put on our thinking caps and get started. The first question, and being serious, is how much money would you be happy with making on the course of a year. You must have had a job somewhere before starting to daytrade, RIGHT???? So how much more would you be happy with? You might even still be working at some sucker job....I mean you might even be fixing hair down at the local Walmart in the evening and are daytrading on the side to see if you can make it...RIGHT???

So how much would you like to make this year? If you were making $20.00 an hour..well that is about 40k a year give or that. Maybe you were making 65k a year being an empty suit......so if you could double that would you be happy with life?
Having the weekends off, holidays and the freedom to work even you wanted to and the freedom to enjoy your family and kids when "those" events come up instead of being on a jet to some meeting...or on a conference call and so on.....Would you enjoy that kind of life style? Shoot you could even work on the side for a charity and help others in some way........FREEDOM is what being an American is all about after all......

So what would it take to make 100k this year....let's start there. Well, that is about $8,000.00 a month...which is about $2,000.00 a week...which is about $400.00 a day. $400 a day you say....well that ain't that much is it.....400 a day...just 400 a day......think about that.....400 a day.....just 400 a day!!!!!!

SO now if we want to make 100k this year we only need to find something that can produce an average daily return of 400 net after commissions. I know that there are expenses beyond the commissions....but there are also expenses hauling you hind end to work at Walmart everyday....including lunches. Now you should have been working on seeing if you could find something in the first bar setup.....paper trading it and so on.....if you could find what can work for you and make that 400 bucks...then the question is.....do you have trade beyond that. If you traded 10 ER contracts you would only have to make 4 ticks.....4 little ticks and make 100k this year. Of course, it's not always that easy.....

But the first thing we need to decide is what do you want to make this year.....then you can start to work back and find what can get you to that 400 a day.....simple RIGHT?????

CCI pattern that just might work!!!!!

From an email I received this morning and how not all patterns are created equally. So give it a try and check it out...after all this is truely FREE!!!!
Hello CCI Traders,

You are cordially invited to visit our new CCI Traders room at http://www.ccitraders.com and our free live moderated chat room with live charts. We use the new Trading Rooms software for our live chat and charts that can be found on our website.

We will teach you about the CCI Edge, Money Management, Psychology/Mental Framework, Statistics and Market Dynamics.

I was a Woodie CCI Club moderator for the last 2 year before branching off on my own....I can off you some great insights on CCI trading other then "just trade the damn patterns" which sounds good but is not the most effective way to trade the CCI patterns.

Any questions you have regarding the use of CCI trading will be answered by us in a relaxed and patient atmosphere.
Thank you
TW
info@ccitraders.com
www.ccitraders.com

Daytrading and biting your nails......

For me, I have giving some ideas and asked some questions....like how much of a gap can I have or how wide of the first bar could it be and so on. The reason has been so that you as an indivdual would begin the process of determining what can work or won't work for yourself. That is where the true power comes from, not doing exactly what I do or what someone else does each day or each trade but to provide ideas so you can improve your own trading.

To that end, I take them all.....the breakout of the first bar and "IF" and I do hate to say "IF" that one doesn't work I then take the third bar reversal of the first trade. If the first bar, like today is a short, then the third bar reversal has to be a long. Some days, of course, you are lucky on the first as the market never looks back. Other days, you are hero on the third bar as it can get the money you lost on the first bar back. Somedays, it doesn't matter what the heck you do...you couldn't find an ice cube for your diet coke in Anchorage during the Iditarod.

Again point "A" is where we could consider taking some profits off and then when the stoch moves backup....at point "B" we could move consider moving under that pivot and let is ride........wohhhoooaaa. BUT, it took a long time (12 minutes) just sitting there waiting for the third bar to trigger.........

I know....I know......it's politics

JAB

CCI what does it mean.......it can mean alot of things...RIGHT!!!

What does the CCI really stand for you ask.....well here are a few examples.
CCI Cable Constructors, Inc.
CCI Cable Consulting International
CCI California Cars Initiative
CCI California Compensation Institute
CCI California Correctional Institution (Tehachapi, CA)
CCI California Criminalistics Institute (California Department of Justice Forensic Science training institute in Sacramento, CA)
CCI Call Centers International
CCI Call Charge Indication (European ISDN)
CCI Callable Convertible Instruments
CCI Calle's Custom Icons
CCI CAM (Complementary and Alternative Medicine) Citation Index
CCI Cámara Colombiana de la Infraestructura (Spanish)
CCI Cámara de Comercio Italiana
CCI Cambodia Communication Institute (Phnom Penh, Cambodia)
CCI Camera City Inc.
CCI Cámera de Comercio e Industria
CCI Camosun College International (British Columbia, Canada)
CCI Camping Card International
CCI Campus Community Initiative (UC Berkeley)
CCI Can Combine Icons (software)
CCI Canada Composting Inc.
CCI Canada Customs Invoice (exporting)
CCI Canadian Carpet Institute
CCI Canadian Circumpolar Institute
CCI Canadian Classification of Health Interventions
CCI Canadian Condominium Institute (Toronto, ON, Canada)
CCI Canadian Conservation Institute
CCI Canadian Copyright Institute
CCI Canadian Crossroads International
CCI Canadian Culinary Institute
CCI Cancer Care International
CCI Canine Companions for Independence
CCI Capital Commercial Investments, Inc.
CCI Carbon Composites, Inc
CCI Cardiovascular Credentialing International
CCI Career Care Institute
CCI Career Coach Institute
CCI Carlson Companies, Inc.
CCI Carolina Computing Initiative (University of North Carolina at Chapel Hill, NC)
CCI Carrefour Canadien International (Quebec, Canada)
CCI Carrier Controlled Intercept
CCI Cascade Cartridges, Inc. (rimfire ammunition manufacturer)
CCI Catholic Council of India
CCI Cattano Construction, Inc. (Apex, NC)
CCI Ceccone-Clermont International, LLC (Ashton, MD)
CCI Cellular Communications Inc.
CCI Centa- city Index
CCI Center for Citizen Initiative
CCI Center for Civic Innovation (Manhattan Institute)
CCI Center for Clinical Investigation (Wound, Ostomy and Continence Nurses Society)
CCI Center for Collaboration and Inquiry (University of Akron; Akron, OH)
CCI Center for Collective Intelligence (MIT)
CCI Center for Community Inclusion
CCI Center for Community Informatics (Loyola College; Maryland)
CCI Center for Community Interest
CCI Center for Community Involvement
CCI Center for Creative Instruction
CCI Center for Cultural Innovation
CCI Center for Cultural Interchange
CCI Center for Customer Insight (McCombs School of Business, University of Texas)
CCI Central Coast Internet (NSW Australia)
CCI Central County Inland
CCI Centre Chief Instructor (skydiving/parachuting)
CCI Centre Culturel Islamique (French)
CCI Centre de Commercialisation Internationale (Canada)
CCI Centre du Commerce International
CCI Centre for Cellular Imaging (Sweden)
CCI Centre for Change and Innovation (NHS Scotland, UK)
CCI Centre for Change and Innovation (UK)
CCI Centre for Clinical Informatics (University of Cambridge, UK)
CCI Centre for Clinical Interventions (Australia)
CCI Centre for Computational Intelligence
CCI Centre for Construction Innovation (UK)
CCI Centre for Cultural Informatics
CCI Centre of Excellence for Creative Industries and Innovation (Australia)
CCI Chamber of Commerce & Industry (Western Australia)
CCI Chamber of Commerce and Industry (Western Australia)
CCI Chambers of Commerce and Industry
CCI Chambers of Commerce of Ireland
CCI Chambre de Commerce et d'Industrie
CCI Chambre de Commerce et d'Industrie (France)
CCI Chambre de Commerce Internationale (French: International Chamber of Commerce)
CCI Charge Contrast Imaging
CCI Cheshil Consultants, Inc.
CCI Chess Collectors International
CCI Children Challenging Industry
CCI Children's Camps International
CCI Chinese Christian Internet Mission
CCI Christian Camping International
CCI Christian Challenge International (Pineville, LA)
CCI Chronic Constriction Injury
CCI Chronic Coronary Insufficiency
CCI Church Careers Institute (Centenary College)
CCI Circuit Components Inc.
CCI Citrix Certified Instructor
CCI Classical Civilization Courses
CCI Clean City Initiative
CCI Clear Channel Incorporated
CCI Climate Change Institute (University of Maine)
CCI Clinton Climate Initiative (William J. Clinton Foundation)
CCI Close Combat Instructor
CCI Co-Channel Interference
CCI Co-Counselling International (Ireland)
CCI Coastal Catchments Initiative
CCI Coca-Cola Içecek (Turkey)
CCI Code Consultants, Inc.
CCI Colegio Científico Integrado (Guatemala school)
CCI College Campus Initiative
CCI College of Communication and Information
CCI Colorado Counties, Inc.
CCI Colour Confusion Index
CCI Columbus Chemical Industries, Inc. (Columbus, WI)
CCI Columbus Circle Investors
CCI Comic-Con International
CCI Command and Control Identifier
CCI Command Capability Issue
CCI Command Control Interface (MSR)
CCI Command, Control and Indication
CCI Commanders Critical Information
CCI Commercial Communications, Inc.
CCI Commission for Climatology (WMO)
CCI Committee for Citizen Involvement
CCI Commodity Channel Index
CCI Commodity Components International
CCI Common Client Interface (Sun J2EE/JMS)
CCI Common Code for Identification (European Commission)
CCI Common Content Inspection Developers Group
CCI Communications and Creative Industries
CCI Communion of Churches in Indonesia
CCI Communities of Common Interest
CCI Community College Institute
CCI Community College of Indiana
CCI Compact Compression Ignition
CCI Competence Center Informatik
CCI Competition Commission of India
CCI Complete Configuration Interaction
CCI Complex Carbohydrate Intolerance
CCI Compliant, Compatible and Interoperable
CCI Component Concepts Inc (Newberg, Oregon)
CCI Comprehensive Community Initiatives
CCI Computational Crystallography Initiative
CCI Computer Careers International
CCI Computer Carrier Interrupt
CCI Computer Composition International
CCI Computer Consoles, Incorporated
CCI Computer Consultants International
CCI Computer Crime Initiative
CCI Computer Crime Investigation
CCI Computer Crime Investigator
CCI COMSEC Controlled Items
CCI Comunidad Cristiana Internacional
CCI Concours Complet d'Equitation (French: complete equestrian competition)
CCI Concrete Countertop Institute
CCI Condensed Curriculum International, Inc.
CCI Configuration Control Index
CCI Connection Control Interface
CCI Connectivity, Compatibility, and Interoperability
CCI Conservation Consultants Inc. (Pittsburgh, PA)
CCI Consolidated Client Infrastructure (HP)
CCI Consolidated Contracting Initiative (NASA)
CCI Construction Cost Index
CCI Consumer Co-Op International
CCI Consumer Confidence Index
CCI Container Corporation of India
CCI Contaminant Control, Inc.
CCI Continuity Check Incoming (CCS #7 & ITU-T)
CCI Continuity Check Indicator
CCI Continuous Commodity Index
CCI Contracted Configuration Interaction
CCI Control Components Inc. (Rancho Santa Margarita, California)
CCI Controlled Critical Impact
CCI Controlled Cryptographic Item
CCI Convergent Communications Inc.
CCI Convex/Concave Index
CCI Copie Conforme Invisible (French: Blind Carbon Copy)
CCI Copy Control Information
CCI Core Club International
CCI Corinthian Colleges, Inc.
CCI Cornerstone Concepts, Inc.
CCI Corporate Claims International Ltd
CCI Corporate College International
CCI Corporate Communications Institute (Fairleigh Dickinson University)
CCI Corporate Communications Interactive
CCI Corporate Community Involvement
CCI Corporate Concepts International, Inc.
CCI Corps Commun d'Inspection (Joint Inspection Unit of the United Nations System)
CCI Corrado Club Italia
CCI Correct Coding Initiative
CCI Corrosion Control International
CCI Cotton Corporation of India Ltd.
CCI Cotton Council International
CCI Country Coach International (RV manufacturer)
CCI Cour Canadien de l'Impôt (Tax Court of Canada)
CCI Cour canadienne de l'impôt
CCI Cours de Chefs et d'Instructeurs
CCI Crafts Council of India
CCI Creative Chemistry on the Internet
CCI Creative Controls, Inc.
CCI Cricket Club of India
CCI Crop Country Inventory
CCI Cross Cancer Institute
CCI Cross-Channel Interference
CCI Cross-Cultural Institute
CCI Crown Castle International Corp.
CCI Cultural and Creative Interests
CCI Custom Chrome Inc.
CCI Customer Called In (tech support call logs)
CCI Customer Care Information
CCI Customer Care Institute
CCI Cyclo-Camping International (France)
cci Cortical Impact Injury

Of course, then there is this one........I guess we are expanding that business model a little here......Anyone know where the chat room is, I really do want to learn how to swing trade!! The part about past members wishing to re-start is great..I remember "ONCE", Woodstalker asking everyone to come on back, ALL was forgiven and the rooms would be open to discussing the different ways to use the CCI.

Just goes to show you what happens when your sugar levels get to high....now doens't it????

Daytrading on a huge gap........do you have the stones for this???

We have talked in the past about what a person should look at before taking the first bar setup....amoung these are how much of a gap can there be and still have a valid trade setup, then what kind of range on the first can I have before passing on the setup. Well, on the 27th was a classic day...something we haven't seen for a while and I would guess that a lot of newbies have never seen.

U.S. stock indexes plunged Tuesday on the heels of a sharp selloff in Shanghai, creating a string of five straight lower closes for the first time in over three years. The S&P and Dow both lost over 3% while the Nasdaq ended down over 4%. Market internals were massively lopsided, with many measurements approaching record territory. Volume associated with declining issues accounted for 99% of total volume on the big board, the highest reading since the '87 crash. Other gauges hit similarly extreme levels - NYSE breadth was 6:1 negative, NASDAQ breadth was 10:1 negative, NYSE TRIN closed over 15 (a record.)

It's interesting to note that a 3% down day for the S&P isn't as rare as you might expect. There have been a total of sixteen days since 2000 in which the S&P closed down 3% or more, fourteen of which led to a higher S&P close within the next two sessions. Looking back at the last thirty 3% down days stretching back to late '87, twenty-six were followed by a higher SPX close within two sessions.

Of course, a history lesson is fine....but I only care if it makes me money......we had a 15 point gap on Tuesday to greet us with, but the range on the first bar was around 2 points and that is near a normal opening bar range isn't? At point "A" is where we have talked about doing something. You could just move to BE, you could cover the trade, you could take some off and move to BE or you could take some off and leave the stop just above the opening bar and hang on for your dear life.

The market recycles back up to point "B" and doesn't reach the overbought area before turning down but when it reaches point "C" again you should think about some kinda management style. When the high of the last bar is taken out (red bars) is what I like to use, but you can certainly find something you like better.

When the market reached point "D" and the stoch turned down into point "E" again I would just move my stop on down to above the point "D" pivot and keep riding the train......of course again it was stopped out. Do I care all that much......HECK NO, just give me another trade setup and I will give it a shot....simple as that!!!

The support is just unreal...........