Thanks Matt, i made it in now

Same thing happened to me Puma.  So much for signing up to the thing early!!  Guess I will just wait for the video and watch that.  Didn't know there was a limit.

I asked that question of Matt before and he told me I would need Extra at least.  ExtraRT if I wanted real time.  Extra is 24.95 per month, with RT an additional 9.95.  They are cheaper if you buy longer term subs.

I was a member of wallstreetwindow for a long time.  I recently allowed it to expire.  Why?  He offers about 1/10 the work that this site offers for a similar cost.  Also, his members (overall) are not nearly as professional as the ones on this site.  The site is dominated by Gerald and many on there are afraid to challenge him.  I'm not certain that is positive.  Mike is an excellent trader, though, who follows his trading rules to the T.  His members are mainly gold bugs, many who held on through the devastating losses last summer.  Most of them are not as strict in following their own rules of trading.  Yes, they may be saying that they have made money on the rise back, but have they made it all back?  I doubt it.  Also, I was always skeptical of some of the marketing ploys used there, like insisting that he was limiting the membership there.  I doubted the veracity of those statements.

I was a member of ZealLLC twice.  His overall analysis was great, but his stock picks sucked.  I'm sure, like all gold bugs, he has had recent success. 

This site offers a huge amount of technical analysis.  Matt and Steve spend countless hours on their presentations.  I guess you can get out of it whatever you want.  I learned long ago that trading in the stock market is difficult.  If you are not willing to spend your own time to learn, keep up on the current situation and risk some money....then spend your time elsewhere.  Nothing ever works out perfectly in the market, but technical analysis at least puts the odds in your favor.

If you are looking for a free site then I would recommend Tim Knight at Slope of Hope.  I've learned alot by hanging out there too.

Good luck in your trading endeavors.

I have no SRS chart at all, just FAZ charts.  Do any of you know the reason for that?  I have been out of town and just returned, so I'm behind on comments, etc.

Matt:

Have you ever backtested a system of EEV?

it has been as low as 28.50 premarket.

So the pros sucked everyone in then sold at the bell.

Has SSO confirmed a cross on the mechanical system?

Let's do it Ravun....how lucky for us.

You are right on position size for sure matt.  I learned that the hard way with the gold stocks.  My problem is that I work and can't access the blog during the day.  I guess Steve posted a 780 possible long.  I wasn't able to see that....maybe I just missed it on the Sunday newsletter.  I took a reasonable trade in FAZ at 803 Spx with a tight stop and a loss I could live with if it broke through the resistance.  It did and I'm happy I have learned to assess what I am willing to lose up front before making a trade.  Rather than paper trade, I have concentrated on keeping my position sizes small so I could learn without suffering insomnia.  I truly believe it is better to trade small than to paper trade.  I've learned the psychology has so much to do with being a success and you can only gain that experience when you have some money on the line.....even if it is a small size.

I have used many of your ideas on here and I have made some incredible entries on stocks and commodities.  I now have to learn to let my winners run a bit more and not press the button so quickly when I see green.  Being comfortable with gains seems to be important as I have heard that from many other traders on here and elsewhere and found that they exit their trades too early also.  I'm working on that part of my trading.

Lastly, there is no way anyone should blame you or Steve for any losses.  I believe your site is for intermediate to advanced traders.  I would suggest that any new traders allow themselves to go through a learning curve before they take too much risk with any trade.  By the way, tomorrow is a new day and you have to have a new plan for trading it. 

Good luck to everyone on here with their trading.  I've really appreciated my time spent here.

Dave.

Also, GE stopped a 6.66 and rallied Dylan.

Thanks rp.  Your trading skills amaze me.  I've learned alot here.

Can anyone give their thinking on the oil and energy trusts such as hte, pwe, etc.?

Dylan:

They only gave notices to 20,000.  At most, they will cut no more than 10,000.

I own physical gold Matt.  Most of it I bought in the 1990's.  What I find interesting at the moment is the price of Rhodium.  It shot up to $10,000 per ounce and now is not much higher than the price of gold.  I don't understand the market well enough at this time, but am investigating it. 

You have better odds of being hit by a bus or struck by lightning than winning the lotto.

Matt:

What does oil look like to you right now?  It seems that 2.34 is a support point for DXO.  If it breaks that, what would be the next support level?

Took my money and ran at 1.91 on DXO.  If it makes another run up good for it.