When trading the main component is emotion. It is a bit simplistic to say that you have to put your emotions away, so what the big funds have done is that they have computers to do the buy an sell, computers trade the mkt just as well as they play chess. The can beat the best chess player just as they can beat the most unemotional trader. There is only one way to beat emotions: play the mkt as if you were not using money...or as they say dance as if nobody is watching you. I am sure many of you have a problem with the size of the position wich speaks of your level of greed, wich is fine -you need a good share of greed to be in the mkt- but then not because it allows your emotions -fear- to take over and you feel as if you are dancing in a crowded room and all eyes on you... very uncomfortable... why don't down sizeyour position till you feel like dancing as if nobody is watchingyou...You won't make a zillion a month but you will be in control and that will allow you to profit from trading and enjoy life.

When SRS was above 65.00 someone made a call, I do not remember who it was but he called SRS 10.00 by the end of the present rally... hats off to you whoever you are 'cause that is exactly where SRS is headed to.

It is a good idea but you have to find a broker that has them to short

No so fast delpietri, make yur due d because the time dacay in the options of these darlings is far worse than holding them.

Holding leveraged ETFs, ETNs etc. is a bad idea. Internal decay is a killer.

Brace for the final pop.

The down trend line

Bullau, you are quite right and what shows it best is today's candle -very weak- that coupled by the DOW unable to close above the 200EMA for a second day. Tomorrow's job reports will set the tone for the rest of the session.

Another one that is waiting for volume to BO

This is starting to trend, needs some volume.

Matt UUP 60 min ch. is plying out just like you mentioned, nice call, lets see if the MACD crosses up tomorrow

So far the Indices are very bully they managed to get there but here is the question: Are the funds and investors buying into the hipe ? or is this a traders mkt ?... Volume was suposed to pick up big time above the 200ESMA...has it ?

MACDs tend to act poorly in 3x and 2x  funds, it is not reliable.

Evarybody very focused on the SPX but the DOW barely managed to tag the 200 SMA and could not close above. So the DOW is lagging the trend.

Is CSCO replacing GM ?

Does GM 's chapter 11 mean it will be removed from the DOW JONES ?, if so does anybody have an idea of wich tiker will take GM's place in the DOW ?.

The SPX has had a pattern over the past two years, it moves in periods of an average 17 weeks, If this pattern will hold then we should get to the low of the present cicle  by options expiration in June, You can measure it in a weekly chart going back the entire Bear Mkt. Starting from the March lows and depending on how you count the weeks we are now in the 13th week of the present cycle... Interesting how the bear mkt has been very tidy.

Try CMC in the markets, it is a market maker and you trade CFDs "contracts for diference" and SB "spread bet" maybe they can help you I undrestand that they have offices in Canada

A suden pop in the 10 year yield to around 5 ish should put everyone in the defensive, is what I call the check with reality. No mkt can stand it.

Ravun, that chart takes us back to the Vic Sperandeo "...Wall Street master"page 56, and your post of the US$ is perfect, my question is : Can the bond vigilantes play a role at all ?