Regarding Woodies CCI technique - I spent much time in that room. I recently found an article on ezine and went to the link where the complete article is and found this quite long article describing one trader's experience in the room. This article sums it up better than I can. I hope it's ok to post the link. If not just go to ezine articles and type in "day trading chat rooms" and the first link is the one. Otherwise try this:
http://tuckerreport.com/articles/magic-indicator/
Hope this helps. If you believe what's in here, and I do, it might save you a lot of time and money and grief.
Ralph