Caution! Nasdaq, Dow, Sp, Nikkei, Hang Seng

[Nam Kao]

Nasdaq -0.5%

DJ Ewave wants to know "Who's your Daddy!"

Edited October 25, 2005 by Nam Kao

[Nam Kao]

Keep stops tight

Could get some EOM Window Dressing

Never underestimate these thieves!!!

[Nam Kao]

Nasdaq -0.7%

[Nam Kao]

Nasdaq -0.8%

[Nam Kao]

Nasdaq -0.9% tight stop here

[Nam Kao]

Stopped out 38.85

64,000 baht added to BG fund

[Nam Kao]

I got within 7 cents of the intraday bottom

I knew these crooks would ramp it so they could collect their EOM bonuses

Should i keep posting my trades? Anybody out there?

[ProThaiExpat]

You must be in the a more favorable time zone than Thailand or you have had a sleepess night.

I follow your posts with great interest and am a great admirer of your success. I am learning a lot from your posts.

Making money in a market that has not had a trading range over ten percent in two years is a major accomplishment.

Increasing the frequency of trades and settleing for smaller gains seems to be a necessary approach in this market climate.

I wonder if computer trading has changed market performance such that the 10% trading range of the markets will be our future?

Many thanks Nam for your posts.

[Nam Kao]

Thanks PTE,

Thurs: I cant give a definitive answer here. My alter ego DJ Ewave says short

and hold short. But there is 3 days til the end of the month and i know these

#uckers could easily ramp it up for the EOM. This is is how the fund managers make

their money.

The last ramp was on low volume which scares me.

Not sure what i'll do, sorry. Its hard to go either way. I wont say anything

unless i have 90% confidence. It looks dicey at this juncture. I think down

after this window dressing plays out. If i trade it i'll post it realtime.

My next trade will power my "Get Bambina" fund.

regards

nam

[Nam Kao]

Looks like they will ramp it up to dress the windows, I am just going to wait

and short the next downleg

Next year-basket weaving

[Nam Kao]

Nasdaq +0.4%

Boy these crooks are predictable

[Nam Kao]

Forget technical analysis, a background in Criminal Pschycology is better

[Nam Kao]

Ewave is a screaming short here, my Ewave guy is all chips in

Do we get the window dressing or not????

OK, the market is at it again with distribution exhibited during the course of a rally, not at all bullish but neither does it call a top. If you assume the day will close at these levels for a moment you will see very bearish candles on the NDX and COMPQ, other problem for the bullish include the NYA broke minor degree upside support then retested the level just to see it fail. If we move over to the RUT we see a very clear bear flag forming and speaking of bearish formations the SPX is trapped between support and resistance forming a rising wedge. That's a lot of bearish bias to suggest anyone go long, but it also means the market can go up until they have unloaded all the stock they wish before the really big fall.

Edited October 26, 2005 by Nam Kao

[ProThaiExpat]

Nam: Being a day ahead and night is day, if would be a great help if you would time/date stamp your posts when they are tightly linked to markets.

May I suggest that you include in your posts a time/date stamp that would indicate the date of the trading day and then a plus sign + to indicate the number of hours before the NYSE opens, no plus sign if your posting during market hours and using the EST time and then the minus sign- for how many hours after the market closed for that day you are posting.

Otherwise, and I guess it would be simpler, if you just posted a date and time EST internally for all your posts.

It sure would make my life easier and your messages clearer.

Many thanks for anything you do in this regard.

[Nam Kao]

PTE, I think its just you and me here. No other traders around it seems.

I'll email you my trades realtime as i place them which will make everything easier.

Your a nice guy and i'll help you out the best i can.

You'll owe me 1 ice cold Chang someday when your rich and famous

Signing off from this thread

Regards

nam

[Nam Kao]

Problem for the bullish were mounting as we headed to the closing bell, they include the NYA broke minor degree uptrend support then retested the level just to see it fail. If we move over to the SPX we see a very clear bear flag forming, I have added a minor degree chart below that clearly shows the flag as a triangle formation and the breach of support prior to the close of the day. Does this mean we crash from here, the real answer is maybe! The maybe is caused by the fact that many such formations will come back to retest the failure, this could mean a rally tomorrow as a retest of the failure. The retest is (I should point out) not necessary but it does happen often enough to suggest it might

[beammeup]

Problem for the bullish were mounting as we headed to the closing bell, they include the NYA broke minor degree uptrend support then retested the level just to see it fail. If we move over to the SPX we see a very clear bear flag forming, I have added a minor degree chart below that clearly shows the flag as a triangle formation and the breach of support prior to the close of the day. Does this mean we crash from here, the real answer is maybe! The maybe is caused by the fact that many such formations will come back to retest the failure, this could mean a rally tomorrow as a retest of the failure. The retest is (I should point out) not necessary but it does happen often enough to suggest it might

<{POST_SNAPBACK}>

Keep posting guys I am sure I am not the only one watching with interest. I am trying to learn the ropes, so its very helpfull. Its not as exciting without Harmonicas graphs and technical analysis though,

cheers.

[opothai]

PTE,  I think its just you and me here. No other traders around it seems.

  I'll email you my trades realtime as i place them which will make everything easier.

  Your a nice guy and i'll help you out the best i can.

  You'll owe me 1 ice cold Chang someday when your rich and famous 

  Signing off from this thread

  Regards

  nam

<{POST_SNAPBACK}>

i read your posts daily

i started my trading last week, i headed the thread futures, did you read it.

as you can see i am very bullish. at the moment i'am just dipping in and out of the ftse, but i am waiting for the big crash maybe from 5200 down to 4400 the trend is definately downward, we are linked to the american markets in that what happens over there normally gets replicated over here.

nam

you seem to know what you are talking about, so any information is welcome and as things are going ok at the moment if it carries on then a crate of ice beer could be drunk together in jan or feb when i,am due back in los

[opothai]

my original holding position on the dec quarter is 5221 closed thst position at 4961

then opened again [ but this time bought the market] at 4960 and closed at 4981 a loss

at the moment of posting i have bought the market at 4981 and will close at 5210

if it reaches,

then i will sell at about 5200 and hold for a whle to see what happens, hoping it will drop to about 4950 and then take some profit

this is at the time of posting 13.19 27 10

[Nam Kao]

OK I'll keep on here, I didnt realize there were other traders here.

I wish i shorted yesterday as Ewave sugested Was looking for window dressing

------------------------------------------------------------------------

If you can trade full time you should check out Twaves.net.

This is what they did this week trading w/ just 500 shares (Daytrades)

Mon 6K$

Tues 20K$ (Got 14 pts off CME)

Wed 5K$

It safer too never holding anything overnight (Jizzlam).

I think anyone with a pulse can make 1,000US a day with them. Plus they have

an all day chatroom (PalTalk) which is a HUGE education in itself.

They are very active and accurate in the futures (ES) also. They have turned 15K

into 150K in 10 months. If your afraid of futures I have successfully traded their

calls using 2-3000 shares of SPY realtime with them.

They are starting Values plays now also for the buy and hold type traders.

1,000 / day - 20,000/month, living in Thai, TGs , Changs, imagine the life ...

800,000 baht, picture 800 1000 baht bills in your hand

Edited October 27, 2005 by Nam Kao

[opothai]

OK I'll keep on here,  I didnt realize there were other traders here.

I wish i shorted yesterday as Ewave sugested    Was looking for window dressing

------------------------------------------------------------------------

If you can trade full time you should check out Twaves.net.

This is what they did this week trading w/ just 500 shares (Daytrades)

Mon 6K$

Tues 20K$  (Got 14 pts off CME)

Wed 5K$

It safer too never holding anything overnight (Jizzlam).

I think anyone with a pulse can make 1,000US a day with them. Plus they have

an all day chatroom (PalTalk) which is a HUGE education in itself.

They are very active and accurate in the futures (ES) also.  They have turned 15K

into 150K in 10 months. If your afraid of futures I have successfully traded their

calls using 2-3000 shares of SPY realtime with them.

They are starting Values plays now also for the buy and hold type traders.

1,000 / day - 20,000/month,  living in Thai,  TGs , Changs, imagine the life ...

<{POST_SNAPBACK}>

nam

thx for the reply

i will look into the sight and give it a trial run for a week or two, just to get my head around it.

one of the reasons for doing this is exactly the easy going life you described.

but i need at least a years trading to get the feel of things.

[Nam Kao]

opothai

Here is his email [email protected]

Talk to him first and tell him your objectives, he is a real straight shooter.

He donates more $$ to charities than most people make.

He held my hand to get me up to speed. Its real personal service.

Its really exciting also, i enjoy it.

take care

nam

even if you just grab 1 Daytrading point a day, thats 400,000 baht a month!!

How could you spend it?

(guys be smart like me, dont tell your wife about this, tell them your playing a

new video game and its all fake $$$ )

Edited October 27, 2005 by Nam Kao

[Nam Kao]

From what i have seen I'd say ~1-2 hours a day to capture 1 point

alot of action in premarket and open so you could still sleep normally

Edited October 27, 2005 by Nam Kao

[Nam Kao]

1:42 EST

I believe that most of today’s selling action (and we could another round of follow through tomorrow right after the open) will soon provide a decent near-term buying “trading” opportunity, the key word being a “trading” opportunity for a decent relief rally. My longer term out look for the markets is still (bearish) as I still do not see any real catalyst for stocks to move significantly higher. But I do believe we could be setting up for a retest of the recent lows; and we may be just a few hours 4-6 away from a possible “V” bottom lift off after a retest of and possible dip below the recent lows as the month comes to a close and we need new money starting to work its way into the market place

[Nam Kao]

5:47 EST

Ewave guys 3pm report,sorry late

10-26-05 3:00 PM

The market comes through with our expected decline, from highs yesterday we have wiped out four days of upside and we have made sufficient progress to suggest a new decline has started. From highs yesterday we see five waves telling us we are due at this time for a wave 2 up, wave 2’s can be a flat or retrace near all the preceding wave. Which it will be I can not tell you, I can tell you the chart need a lift here as we are very over sold in the micro degree, this suggests the advance could be larger then many may fell comfortable with.

Finding a way to trade a two is hard, so only the most experienced traders should try it. I personally ride two up and don't get worried about closing shorts until 3 down is nearing an end. How you plan to trade the move should be based on your trading style. Rydex may see the move come and go intraday tomorrow and do little in catching the move unless you can trade the early cession. MSFT is coming after the bell and likely to be the cause of wave two up. Good luck and good trading.

[Nam Kao]

Guys i am #ucking so pissed off at myself, My Ewave guy was 200% short and

i didnt short it, i just head butted a wall and i think i am bleeding.

Would've had 6K$

i think i go see a Dr now

[Nam Kao]

Guys here is todays Twaves action

|

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| Date 10/27/2005 WELCOME to the new T-Waves

website:|

| Russell-2000 Daily Market Report(10-18-2004)

Market|

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| |

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| Day-Trades Entered / Exited Today

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| 1. (01:26 pm) I'm SHORT ESI at $54.75 (DT-350) SL=0.25-0.30+/-

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| 2. P/S Triggered Booked $1.01 will reload again(02:52 pm)

Protective |

| stop at $27.20 to protect $1.00 we can always reload(12:25 pm)

I'm|

| LONG DRIV at $26.20 (DT-350) SL=0.25-0.30+/-

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| 3. I was stopped out for a $0.45 LOSS will reload at $4.70 if

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| triggered I OWN (10 at $5.80 ESRX (trading play PUT-PLAY)

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| suggestion...$68.95-69.55+/-....looking to utilize the DEC

$75's |

| (XTQXO) I'm looking to buy 10-contracts at $5.80-6.20

delta=0.73 |

| SL=0.40-0.45+/-

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| 4. TSL Triggered Booked $0.50 will reload again (10:51 am) I'm

SHORT |

| ESI at $52.45 (DT-350) SL=0.25-0.30+/-

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| 5. TSL Triggered Booked $1.03 will reload again$70.75-71.00

(10:42 |

| am) I'm SHORT ESRX at $70.75 (DT-350) SL=0.25-0.30+/-

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| 6. P/S Triggered Booked $1.13 will reload again(11:51 am)

Protective |

| stop at $48.25 to protect $1.10 we can always reload (10:42

am) |

| I'm LONG BG at $47.15 (DT-350) SL=0.25-0.30+/-

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| 7. TSL Triggered Booked $0.90 will reload again (10:26 am) I'm

LONG |

| CAI at $52.05 (DT-350) SL=0.25-0.30+/-

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| 8. P/S at OUT FLAT re-loading at 70.75 (09:49 am) I'm SHORT ESRX

at |

| $69.95 (DT-350) SL=0.25-0.30+/-

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| 9. OUT FLAT re-loading at 69.90 (09:38 am) I'm SHORT ESRX at

$68.95 |

| (DT-350) SL=0.25-0.30+/-

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| 10. Lost $0.27 will reload at 75.75 (08:10 am) I'm LONG BDK at

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| $78.87 (DT-250) SL=0.25-0.30+/-

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| Pre-Market (before) 8:00 am

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| TL triggered at $83.91 booked $2.70 (07:56 am) I'm LONG CMI at

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| $81.21 (DT-250) SL=0.25-0.30+/-

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| P/S triggered at $78.00 booked $5.95 points (09:56 am)

Protective|

| stop at $78.00 to protect $5.95 we can always reload(07:48 am)

I'm|

| SHORT POT at $83.95 (DT-250) SL=0.25-0.30+/-

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| Lost $0.25 will reload at 47.25 (07:29 am) I'm LONG BG at

$50.59 |

| (DT-325) SL=0.25-0.30+/-

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| Swing-Trades Entered/Exited Today

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| STOPPED OUT for a $0.66 LOSS I will reload another SHORT at

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| 73.95 was hit at $71.71 on this play I have an Limit ORDER to

go |

| SHORT ESRX at $71.65 (500-shares) ..expecting a drop to

$ 51.50 |

| /48.00 or lower/near-term SL = 0.65-0.80+/-

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| STOPPED OUT for a $0.35 LOSS will NOT reloadI WAS HIT ON THESE

@ |

| $17.15 I have an Limit ORDER to go LONG CNC at $17.15

(750-shares |

| swing trade). expecting a push to $ 20.85 or higher/near-term

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| SL=0.40-0.45+/- Optionable could write against position

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| I Just took this play at $54.98 SHORT I have an Limit ORDER to

go |

| SHORT MCO at $54.85 (500-shares) ..expecting a drop to $ 51.50

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| /48.00 or lower/near-term SL = 0.55-0.70+/-

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| I WAS HIT ON THESE @ 7.05 I have an Limit ORDER to go LONG

MOVI |

| at $7.05 (1500-shares VALUE Play). expecting a push to $ 11.00

or |

| higher/near-term SL=0.35-0.40+/-

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| STOPPED OUT for a $0.35 LOSS will reload again at 17.20 I WAS

HIT |

| ON THESE @ 18.15 I have an Limit ORDER to go LONG CNC at

$18.15 |

| (750-shares swing trade). expecting a push to $ 20.85 or

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| higher/near-term SL=0.40-0.45+/- Optionable could write against

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| position

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| I WAS HIT ON THESE @ 19.05 I have an Limit ORDER to go LONG

TWP |

| at $19.05 (700-shares swing trade). expecting a push to $ 25.50

or |

| higher/near-term SL=0.45-0.50+/- Optionable we could write

against|

| position

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| Option Trades Executed Today Short-Term

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| 1. I was stopped out for a $0.45 LOSS will reload at $4.70 if

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| triggered I OWN (10 at $5.80 ESRX (trading play PUT-PLAY)

|

| suggestion...$68.95-69.55+/-....looking to utilize the DEC

$75's |

| (XTQXO) I'm looking to buy 10-contracts at $5.80-6.20

delta=0.73 |

| SL=0.40-0.45+/-

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| 2. My P/S was triggered I would look to reload we booked $1800

ACI- |

| PUT PLAY Protective stop at $ at $6.00 to protect $1.80 or

$1800 |

| on the PUT play that we took

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| Option Trades Executed Long-Term (10-contracts unless otherwise

stated)|

| Current Plays to monitor

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| GLFD LONG-Value Play PROTECTIVE STOP at $3.50 to

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| protect $0.75 we also have taken in $1.85 in premium

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| since we implemented this play on 3/24

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| PLEASE READ (T-WAVES TRADING STYLE)

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|--------------------------------------------------------------------------|

|--------------------------------------------------------------------------|

| Futures: Trades Profiled & Suggested During Market Hours & Pre-Market

( |

| 10/27/2005)

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| Pulled 1.00 points profit and will look to reload 03:25 pm) I'm

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| SHORT the ES at 1184.50 SL=1.00+/- (Room Call)

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| P/S triggered at 1183.00 booked 2.75 points will look to reload

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| (02:58 pm) I'm SHORT the ES at 1185.75 SL=1.00+/- (Room Call)

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| PULLING 2-points profit on the ES and will wait for another

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| retracement I do not like the tape, NEW LONG ORDER at 1184.25

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| (01:21 am) I'm LONG the ES @ 1187.00 SL=1.50

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| TSL Triggered booked 2.50 points profit and will look to

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| reload(09:36 am) I'm SHORT the ES at 1195.00 SL=1.00+/- (Room

Call)|

| OUT Break even (09:32 am) I'm SHORT the ES at 1194.25

SL=1.00+/- |

| (Room Call)

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| Pulled 1.50 points profit and will look to reload at 1187.50

for |

| now @ (08:53 am) I'm LONG the ES at 1192.00 SL=1.00+/- (Room

Call) |

|

[Nam Kao]

So looking at Twaves 1 day action you get

~10 daytrading points (5000$ profit trading only 500 shares) with most action in premarket for early snoozers

~10 ticks on the ES, Thats 1 full point trading SPY in 1 day

------------------------------------------------------------------------------

I am thinking more, ok just say i grab just 1/2 of a daytrading point a day, thats

200,000 baht a month!!

[ProThaiExpat]

Knowing how "spot on" you have been lately, Nam, it was small comfort to hear you missed this very big decline we are now in.

Your post regading a V bounce on Thursday was noted. Is that what t-wave was talking about regarding his comment regarding the 2 wave.

It seemed to say he was looking for a up market Thursday. Your time stamps on your posts are most appreciated.

McHugh is very bearish and he does use wave theories, so we may see a divergence of opinion about thursday testing credibility between McHugh and t-wave?

[opothai]

nam

i have sent an e-mail to steve and am awaiting a reply thx

i still hold my last position at 5181 at the moment 13.16 it is 5192 a small profit of

16,000bht or £220

what i cannot understand is why are the markets still so high when all the companies are reporting and thier seems to be little value in the PE of most shares, that goes for england and america

regards

steve