TT - I think the difference is that back then, most people were trading equity derivatives. These days, people have either gone off to do something else or disappeared completely. I'm still trading mainly trading equity derivatives - but given that hardly anyone - if indeed anyone else at all who posts publicly - seems to be doing this there doesn't seem much incentive to say anything on the subject. I also don't need the sarcasm that's crossed my radar a couple of times.
Anway, it takes two to make a market and it takes at least two to have a conversation - so if there's any interest I'll awake from my slumber and post more here, but if I think I'm talking to myself, I'll most likely shut up again :-)
Kyoto, I agree with your sentiments entirely. Thinking back to the cat calling and abuse that happened sometimes in the past is not where anyone wants to end up.
No, I was thinking about the general posts that Traders made when they saw a particular stock moving dramatically up or down and just brought the movement to other investors attention. At that time there were posters who specialised in some sectors and their insight was useful and often profitable. None of us can watch the whole market and my watch list is now down to about 14 stocks.
It's the same with economic data and excerpts from the media where they give information for consideration.
So really, I was looking for an information exchange. We still have that with pivots and levels etc but not a great deal more or at least not as often as it used to be.
Maybe my views are a bit jaundiced by the recession that we are about to recover from! Time will tell.
TT
Food for thought. Right now I'm looking at HMV trading at -13% below it's 25-day moving average, HOME 8%, SPD 6%. On the flipside BDEV+13%, FXPO+14, RBS+11, AQP+10. Most of my trading isn't intraday now and not so interested getting too heroic shorting into a early-stage secular bull market. Getting particularly interested in HMV - now yielding 8.6% - believe there was 15% out on loan the other day - no catalyst for a bear squeeze but once the technical indicators flatten out might be due a recovery. I have Goldman, Nomura and Deutsche on buy ratings and will be interesting to see whether they retain or downgrade. SPD continues to be volatile intraday and is worth watching... possibly right now ;-)
2 Way gave some guidance at 13.39 saying buy the FTSE at current levels.
FTSE has now fallen 30 points since their guidance was issued!
US figures not fantastic and I would think we might have a bit of a pullback from here.