Well I forgot, people usually provide a time frame to a question like that. My apologies, I should have known better to have asked a question like that on this site. Please disregard, thanks anyway though.

Oh yea, a daily chart please :-)

Can anyone mark up a chart of ERY and post it. It seems to me the candlestick pattern has some significance, and it crossed the 200 DMA, but I don't know how to what to make of it. Thanks, in advance

I don't know why not many 4th entries, but I still have not gone long. No gap down yesterday. Maybe this A.M I go long....some, but only for a trade. The trend is clearly down yes? but this system must be profitable at some point, even if it's just for a day trade. 5th entry maybe? Maybe for me. Not hard to figure odds increase with every gap down. I am 100% short though every entry on this system long. Probably sell at least half my short on a big gap down, maybe all....we'll see. I sell my shorts, I go long the system, at least for a day trade, but will monitor

A HA! a fourth entry! that's my cue! Long very soon for a bounce, not today, after gap down in the A.M. Odds are favorable now for a profit :-)

very rare, hence almost a slam dunk for a profitable trade. And yes, if I do take the 4th entry, you betcha I'll be goin in big! To be fair, if the Dow falls at least 230 points, I will probably take a position today :-)

Well, personally, after watching all the trades the system has taken so far, I will only take the FOURTH entry on any trade. I don't think the system has lost any $$$ if one had only entered at that point. If I miss a good trade, no prob. I have lost enough using the system and getting greedy, putting too much $$ in the trades I took in the beginning. I'll wait. Sooner or later, maybe I'll break even.

Keep em comin rp, we're watchin out here. All appreciated.

   Thanks for all the charts and input rp, great stuff :-)

   OK, I'm out! Hope we didn't miss the start of a downtrend, but how would we know? Keeping to the Code :-)

   I'm back in too! Went long a S&P 2X short mutual fund in my 401K. In about 80%, so saved a little in case we get another  short signal.

   Nice chart! Looks great to me :-)

    FWIW, I added to the current short early this AM. My gut says we are going to fall apart, and this trade will be profitable for me. Have no Idea what I am doing, just going with my gut. I see red down arrows on Matt/Steve's long term tools, I see longer term charts they post for us pointing down.......I'm short, shorting bounces till I run out of money, and holding shout till something changes my mind.

   My gut is all I have, and what I can put together with what Matt/Steve post for charts etc. above. Wish me luck.....I just can't see this Europe thing working out any time soon, or the problems we are facing in the U.S. either. I hardly ever post, because I have nothing to offer, but appreciate you all very much.

believe it or not me of little experience figured we would close down on every day this week! Why? because I have heard do many times wall streets job is to make the most number of people wrong. What better way than to NOT give them their "slam dunk holiday rally?" Seems like whoever is charge now seems to be able to move the markets any way they want, with no opposition (to me anyway). Now, I wonder if I should short some more at the end of the day? Hmmmmmmm.....

By the way, I'm long an inverse fund so I would sell to close out the trade

Oh yea, I'm still in deep! You have not given me a signal to sell yet! I'm in the single entry, so still a little under water, but hangin in here with you Matt!

     The endless pump....everywhere you look! Just in time for election wars. Am I the only one that finds this all suspect? WHEW! lostsa bullishness out their, seems things just couldn't get any better! Short and getting creamed. What else is new.....

Great, what did they do with SRS? Reverse split again? Didn't see that one coming

Bought. I have to enter my order in for my 401K not one second past 4:55 P.M. Just have to guess, or pull the order. I bought, can't be that far off. At least I hope so.