[Nervous Tick]

What goes up, must come down.

Say... you wouldn’t happen to know WHEN it is going to crash... would you?

I know it will eventually, but danged if I know *when*, and that there’s a key piece of information.

[Aliska]

I'm waiting for Soros to crash the S&P like he or they said was going to happen. In the meantime, if you keep your investments very short term, a lot of money has been made and it warn't by me because I thought it would go the other way.

"What goes up, ;-), that's what I said when the market first topped 10K.

I wish I knew when. Obviously I am out of sync, sitting on the sidelines all these months.

Some fellow traders' strategy is to ride the coattails of the institutional investors, learn one stock, every quirk about it, how the market makers behave, learn it totally and then just day trade that stock. I can't tell what the market makers are doing behind the curtain but it's nice to be out by the closing so you don't get in an overnight gap down.

To really make a lot of money day trading you have to put a lot in it. I was shocked at myself when I did a 21K trade in one stock. Luckily I made a little but not enough for the risk.

I guess you can get rich betting the indexes. Bob Brinker likes the Vanguard total market index but I don't think I can get that one through Scottrade.