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2000 advancing issues is what you should expect when the DOW opens up 125+ pts from yesterday's close. Don't let it burn you. AD told me nothing today. It was all PA.

The long from the open was very difficult money, hence the snake pattern. The entry was 13.50, and an add at 15 at the balance area. But the deep pullbacks with little momo was exactly why I was looking short even with strong vol going up, plus the fact that we were only up 5-6 from the open and...

Severe DXY/futures divergence. One has to come back in line.

Good stuff ammo. I had never seen that thread. I've always boiled it down to a similar thought : after the initial balance area, if the price action is concentrated in the upper range, next day is bullish, and vice versa. It's traditionally kept me out of swing trouble. The globex action...

Tomorrow we'll see either 05 or 85. Maybe both. :cool: Depends on the globex.

Interesting. I trade ES using YM charts.

Tell me u traded your own call.

Here's a 3min line chart with three 50ma's; sma, ema, wma. I don't see what u saw. Can u enlighten me? thx

Nothing like a 3 1/2 hr trade with 1 car. A cool $1,000 in two trades. Beautiful.

We needed this so we can head back up to retest the 1117 area. Hanging out in no man's land is never fun.

Big kudos to you. Very nice call. The sound R at 1110.75, then the break of 6 1/2 were the signals. All downhill from there.

I'm shocked we're at Tues low. Wow.

Nah. Posting is good for the forum. A simple "he was right" will suffice. Good luck.

No way. $50 pay pal bet?

Today? :confused:

Major, positive news came out at 8:30 ET and the market didn't even flinch. Wow. The $ sure got rocked tho.

Very quiet here today. Everybody eat too much turkey?

The bears lost a little money in '95. Even the bull scalpers had to take a leap of faith that they weren't buying the top. What a rally.

As an aside, imagine trading a 30 pt range... for 11 months!

Here's the monthly. Where we sit now does not give me confidence. On another note, the 666 bottom and subsequent drive up shouldn't have occurred with such disbelief considering the similar run up after the .com implosion. This latest drop of nearly 1000 pts may not have been as orderly as...