Long time readers know what "Good Karma" is and have contributed generously over the years. For those new to the site, here is an overview of "Good Karma": I freely share my knowledge and materials, and enjoy communicating with all of you through the blog. There are no strings attached, but I do ask...

It looks like the uptick rule will be re-instated next month. I am not an advocate of it as I don't think it will solve the problems we have. It seems - in my humble opinion - that lawmakers, business leaders, and everyone else should be more concerned about the fundamentals of the economy and how t...

There were some good trades this morning. I just closed my last open position for ~5% gain (HOTT, a "top out" pattern). I will post some charts this weekend. This may be the most amazing video I have ever posted. Regardless of your feelings on Rick Santelli's now famous rant, watch this video to see...

From Mint.com...this pisses me off and amazes me at the same time. Click here to see the graphic full-size. _______________...

I don't smoke marijuana, but I do think it is idiotic that it is illegal. Joe Rogan - as usual - is spot on with his letter to Kellogg's. But as a general rule, Joe Rogan is usually right...and I don't just say that because he once commented on this blog. Dear Kellogg’s, I’m writing this letter ...

_______________ EARLY MORNING EDIT - Dinosaur Trader is trying to get a story to move up on Digg...head over and Digg it. If you don't have a Digg account, it only takes a minute to sign-up...and Digg is a great site._______________ I am working on a mega-post explaining my new, simplified trading f...

A chart of the "h" Trader Jamie made a post called "Shorting the h"...to all you Artie Lange fans, it was NOT about heroin. The "h" pattern is actually in my arsenal of simplified setups, and I will elaborate on it more when I resume posting trades in a few weeks. But I wanted to post a trade from y...

My January activity is progressing, but I underestimated the amount of focus and discipline it takes to ELIMINATE setups from you arsenal. Regardless, I have the core setups I plan to focus on in 2009 and January has been a great month thus far. I want to do a few more weeks of trading before I resu...

I only have one thing to say - Jack's back. If you have read this blog for over a month, you know I am a huge 24 fan; I have high hopes for this season (4-hour premiere Sunday and Monday night). But I am already pissed about the Tony situation - I hope it is some elaborate plot and he is not bad. De...

My trading 2008 was my most profitable year ever. I am blessed, fortunate, and thankful. But as I analyze my trading, I realize that it has become more complicated than I want. Currently I have fourteen distinct setups that I scan for and trade every day. Yes, they all revolve around the core princi...