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  #31 (permalink)  
Old 10-24-2007, 04:11 PM
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Re: My Trade Ideas....

Interesting stuff Tin. You have some good ideas!

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  #32 (permalink)  
Old 10-24-2007, 04:24 PM
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Re: My Trade Ideas....

Thanks! Currently long TLT...

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Old 10-24-2007, 04:27 PM
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Re: My Trade Ideas....

Have you ever read anything from Marty Zweig?

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  #34 (permalink)  
Old 10-24-2007, 04:53 PM
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Re: My Trade Ideas....

No I haven't. Worth readin?

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Old 10-24-2007, 05:10 PM
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Re: My Trade Ideas....

heh heh I was gonna ask you the same thing. LOL

You mentioned looking at options volatility, and it reminded me of Zweig, who "invented" the put/call ratio...made me think to ask if you'd read it..I have been thinking about picking it up, but figured I'd ask...Sorry to jump off topic. I'll let you know how it turns out.

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Old 10-24-2007, 06:19 PM
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Re: My Trade Ideas....

HA! S'all good. I was in a chat with Price Healey today...invented the Acceleration Bands. Very, very informative stuff how he trades.

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Old 10-24-2007, 06:20 PM
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Re: My Trade Ideas....

Thanks for the info, I'll have to check it out....I saw his book on Amazon the other day....have you read it?

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  #38 (permalink)  
Old 10-24-2007, 06:30 PM
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Re: My Trade Ideas....

I haven't. The ways he uses his Acc Bands indicator is really neat though. Can't give it all away, tho

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Old 10-24-2007, 06:44 PM
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Re: My Trade Ideas....

ha ha no worries there man I understand. LOL

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Old 10-24-2007, 11:47 PM
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Re: My Trade Ideas....

Guys,
Allow me to save you some time and money if I may re: Headley.

A few years ago I met Price and one of his salesman at the NY Traders Expo. They both talked a great game, as you've seen Tin. Looking for the 'set it and forget ATM machine', I signed for $5000 worth of auto-trading services from bigtrends.com which Price runs and operates. So, I put out 5 grand for his services b/c the track records (most hypothetical) and his acceleration bands, etc. all looked like gold. So, I funded my options xpress account and off we went with Price's services.

Long story short - let's just say Price provided me with A TON OF LOSSES that I was able to use at tax time.

I kept in touch with Price while my account was dropping hard and while I was friendly, he was friendly. He reassured me things were ok and that if need be, he would extend my subscriptions out to get my account back up. Well, when that time came, Price was no where to be found. He refused my calls and would not return my emails. It was bad enough that I was taking a bath, but this snake just ran and hide. I am often reminded of Boiler Room when I think about this experience. While it was not exactly like that, the sales pitch was heavy and promised the world... just like Seth did for Harry Renard in the movie.

I obviously learned my lesson and learned it hard.

Please do not repeat the same mistake I made.

Price Headley and bigtrends.com are a joke and should be avoided at all costs.

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