Here are a couple of online resources about three line break:

http://www.surinotes.com/Tradestation/articles/3lpb.pdf

http://www.allbusiness.com/personal-finance/investing-trading-futures/730020-1.html

Threee line break. It’s a another Japanese candlestick technique. you can read about it in “Beyond Candlesticks” by Steve Nison. It’s used to determine the whether or not there is a trend in place.

The trend forms first on the daily, then the weekly and finally the monthly.

Threee line break. It’s a another Japanese candlestick technique. you can read about it in “Beyond Candlesticks” by Steve Nison. It’s used to determine the whether or not there is a trend in place.

Hey Amen…I was meaning to ask you…What are you referring to on the 3LB monthly?

Bettertrades actually tries to teach you about the market and different trading strategies. It’s like an intro to trading. If you know nothing it’s a good place to start. Now what you afterwards is entirely up to you. Most of the info in their software can be found online for free (if you know where to look).

I think the past month in the market is a good example.

The Onion piece is hilarious, and so spot on. I’m with you on this whole Apple love fest thing. I just can’t stomach the fad following, emotional, must-have, fashion slave crap that surrounds it all. Anymore than I buy into or care about any other mindless fashion following B.S. People are truly lemmings, easily manipulated.

Newest iPhone
http://www.theonion.com/content/news/apple_claims_new_iphone_only

Slickest was Better Trades, http://www.bettertrades.com , featuring ex-Cowboy coach Jimmy Johnson as their spokesman. Seems like he should have enough money not to have to stoop to something like this.

It was a half hour of repeating clips of not very sophisticated people looking at computer screens and smiling, along with testimonials from really clueless looking people who had made tens of thousands in a few hours and hundreds of thousands in a year, plus the obligatory scenes of yachts and big houses, all just there for the taking.

Binged it and came up with some letters to ripoffreports.com. Looks like they charge $3k for the class and another $6k for software.

I bet that some of the volatility we’ve seen is aimed a fleecing these poor people of whatever capital they have left after paying for this crap. I’m sure it wouldn’t be hard for a good programmer at GS or somewhere similar to figure out the system they are selling and create a program manipulate the market to send false signals scoop up free money from these victims. Who knows, maybe the people selling the progam are passing the info on how to defeat it onto business assoociates in return for a cut. Who would know?

One has to be proud of living in a country where such things can be sold for years without consequences. I suppose in 30-40 years there will be books talking about these schemes just like the histories of the 1920′s talk about the tip sheets and pools of that era.

I estimate that’s – coincidentally – just about how much people lost who listened to his “investment advice.”