Cogniato

feb, ER2 130day avg vol is 206,000 contracts/day. Today it was 538,000. Just when it is getting liquid, they pull the plug. I found many ways to get an edge in the ER2's that aren't available as often in other indexes - may of them based on the reliable fact that the smallcaps overshoot the big indexes on big moves and are slower to respond to turning market internals, giving good major move entry points, and better % gains with less commission costs. ER2 also allows greater granularity in analysis because it is continually directional as opposed to the frustrating "stair-stepping" of the ES's. The new SMCu07 (SP600 SmallCap futures) contract at CME will start trading 8-19-07. No exchange fees until March 2008 = cheap commissions! I have been studying the SP600 SmallCap Cash Index at CBOE ($SML.X Tradestation), and it tracks virtually identical to the Russell Cash, down to the one minute. The same advatageous charactristics may hopefully still apply. It also pays $10.00 per tick or $100.00 per point, which I love about ER2. BTW I also had open neck surgery to remove a mass in Dec 06, took me about 5 months to normalize. Lost a new trading job with one of the world's largest prop trading houses cause I couldn't show up, and I was too new to build solid performance before my surgery. I am starting to kick butt now though. regards, Cogniato

YM is the ONLY index that has its own internal based oscillator, which makes it ideal for day trading. This oscillator is called $TIKI (NYSE) - (Tradestation), same symbol on most other datafeeds. TIKI goes from top (+26+) to bottom (-26-) every hour. Trade the turns from extreme. the DJI is easier to trade than most indexes because you can keep track of 30 stocks, and it is the only index that is price weighted vs. cap weighted. That means what you see is what you get - a turn up will probably last for a while enough for you to snag a long profit and a turn down will probably last enough to snag a short profit. Do this over and over and over again, until you are 70. I have a very, very wealthy good friend in Chicago that has been doing nothing but this since the 70's using the ticker tape at brokerage houses, with buying or selling the individual DJI stocks, since there was no YM yet. He still does it now using a computer and trading YM (Much simpler and much more cost effective), and he is now 72!!! Gives his profits to charity. It's a game. Sometimes I think that I am a fairly good trader, but I am humbled against experience like that!! regards, Cogniato

Sud, YM is the ONLY index that has its own internal based oscillator, which makes it ideal for day trading. This oscillator is called $TIKI (NYSE) - (Tradestation), same symbol on most other datafeeds. TIKI goes from top (+26+) to bottom (-26-) every hour. Trade the turns from extreme. the DJI is easier to trade than most indexes because you can keep track of 30 stocks, and it is the only index that is price weighted vs. cap weighted. That means what you see is what you get - a turn up will probably last for a while enough for you to snag a long profit and a turn down will probably last enough to snag a short profit. Do this over and over and over again, until you are 70. I have a very, very wealthy good friend in Chicago that has been doing nothing but this since the 70's using the ticker tape at brokerage houses, with buying or selling the individual DJI stocks, since there was no YM yet. He still does it now using a computer and trading YM (Much simpler and much more cost effective), and he is now 72!!! Gives his profits to charity. It's a game. Sometimes I think that I am a fairly good trader, but I am humbled against experience like that!! regards, Cogniato

Unl, I peek in at the WCCI occassionally over more than 4 yrs. Very good, IF you combine it with internal analysis. The russell 3min chart trendline breakout of lows is extraordinarily profitable (that means GOLD) , IF you combine it with a turn up of market internals, i.e. advance/decline net avg, NYSE Tick avg upturn, Premium upturn, etc. Major moves. Just be patiant and take these trades only, like a hunter in a blind waitng for a dead-on shot. Try it and see. regards, Cogniato.

sudah, YM has a specific internal occillator, unlike any other index. Its called TIKI. ($TIKI - Tradestation ). This is specifically made for day trades as it goes from top to bottom many times every hour. Experiment with this. It will help you.

randy, I worked for one of world's largest prop trading houses until I had neck surgery a few months ago. Prior to that , I worked for another house at the CME in Chicago, with a lower profit split - since the 90's . No advanced degree's necessary. 150 traders, 6 countries, all walks of life. They care about potential and results, that is spelled RESULTS - period. You could be a street bum and come in with a system that shows potential and I as well as they will take a shot on you - no different than entering a large position trade - it may work, it may not work, then they cut their loss. They will usually contract a trial period of three months, nominal draw/salary of $3000/month or so, annual or semi-annual payout of 30-40% of profits, once you hit a predetermined level, say $100,000 or $200,000. Hope this helps. BTW, my real name is Randall, and I used to be a hulk, LOL.

feb, ER2 130day avg vol is 206,000 contracts/day. Today it was 538,000. Just when it is getting liquid, they pull the plug. I found many ways to get an edge in the ER2's that aren't available as often in other indexes - may of them based on the reliable fact that the smallcaps overshoot the big indexes on big moves and are slower to respond to turning market internals, giving good major move entry points, and better % gains with less commission costs. ER2 also allows greater granularity in analysis because it is continually directional as opposed to the frustrating "stair-stepping" of the ES's. The new SMCu07 (SP600 SmallCap futures) contract at CME will start trading 8-19-07. No exchange fees until March 2008 = cheap commissions! I have been studying the SP600 SmallCap Cash Index at CBOE ($SML.X Tradestation), and it tracks virtually identical to the Russell Cash, down to the one minute. The same advatageous charactristics may hopefully still apply. It also pays $10.00 per tick or $100.00 per point, which I love about ER2. BTW I also had open neck surgery to remove a mass in Dec 06, took me about 5 months to normalize. Lost a new trading job with one of the world's largest prop trading houses cause I couldn't show up, and I was too new to build solid performance before my surgery. I am starting to kick butt now though.