Originally posted by jarek

Another new high on Monday morning. I guess less and less shorts want to keep their positions over the weekend so once this sequence fails it might be a spectacular failure

After they made sure last week that almost no shorts are left, the market is definitely ready for such scenario

Looks like some serious selling

Right back to support, which is here. Let's see if it explodes up.

Grasshopper: Up like that, Jim?

Jim: Yes, up like that.

Look at those futures stair-steppin' up in GLOBEX with those illiquidity spikes. The game is on, as usual. The drones are doing their insane magic, and as roofer says, we know that game.

the importance of gap fib, fib 2 step, and the abcd.382.

Pretty exciting day, in the market and in here...

Nice smileys!

done for day

Moment of truth for the uptrend at today's LOD:

Originally posted by roofer

done for day

Click image for original size

Roofer .. how much margin you allow for this trade?
Obviously we came above 88.6 retracement so when would you say it is enough.

Tomo

Hey T,

Great post. I agree with all of it. It's too bad both you and I have developed so much stuff and we wind up keeping it to ourselves. I am in your camp in that I think revealing it will dilute it to the point of uselessness. It only makes sense to me that if you have an edge and you tell the computer drones how you exploit that edge they will work it to death and it will disappear. But roofer has blasted his stuff out there in great detail and it seems to have no effect on it whatsoever, so maybe his take (and Scott's, as I understand it) is correct and it doesn't matter. Or maybe it matters for some things and not others. I just know the risk to me and my well being seems great revealing things that took me thousands of hours to discover.

I can't explain the lack of participation, or lack of interest, except to say it is the same on every forum I see everywhere. There are always one or two or three posters, and everyone else does nothing or asks super-low-level basic questions and that's it. There just aren't too many people willing to do the work, the tens of thousands of hours it takes. I'd say this is America, the home of the fat and lazy MTV generation, but it's a worldwide audience, and it doesn't seem to matter. All I know is I've tried and tried, and I can't get the interest. I mean, I mentioned perhaps getting together for a week in real time for free, if a certain set of conditions could be met (the key one being a certain level of participation), and it wasn't even close. If you can't even give it away, what does that say?

As far as the other topic, yes, T, those are great issues, ones I talk at great length with my students about. Once the techniques are mastered, those areas become the most important to work on. But, alas, it's not been anything in here that anyone wanted to spend time on. I've done what I can as far as articles and commentary on the website, but I'm not going to spend time I don't have starting endless topics in here that get three reads, it's just nuts. That's why I have said many times I'm just going to fold the forum. But then two or three people tell me it helps them a lot and they implore me not to, and I don't. But, it's such a small handful. And it seems to me we are really doing some amazing work in here. Oh, well, as T says 'I'm just saying...'