Search results

  1. M

    GLD about to explode

    The Gold Gallup! Todd Harrison Let's toss a little fuel on the fire! 34% of Americans now view gold as the single best investment, which is twice as high as the percentage of Americans who view stocks as the best long-term investment, according to a Gallup poll. "Gallup asked a similar...
  2. M

    ES Journal Archive (2011)

    Investor Intelligence: http://www.schaeffersresearch.com/streetools/market_tools/investors_intelligence.aspx Date Published Percent Bullish Percent Bearish 09/07 38.7 37.6 There is a monster rally in the wings.
  3. M

    ES Journal Archive (2011)

    161.8% IB.
  4. M

    ES Journal Archive (2011)

    Just put out a note to watch NDX 20 month ma which was support right at the open (2112). This is key.
  5. M

    ES Journal Archive (2011)

    Monday's gaps are fulcrum, ES 1145.50 and NQ 2129.
  6. M

    ES Journal Archive (2011)

    ZN DEC support is 130'195.
  7. M

    ES Journal Archive (2011)

    ZN DEC resistance is 130'310 and 131'12. Pay attention to the ten year.
  8. M

    Unusual 1-minute bar on QQQ 9-2-11

    Bad tick. Happens once in a while and gets corrected on the charts.
  9. M

    ES Journal Archive (2011)

    And those 15 mns are always critical, right when earnings come out Please, I don't want to get into an argument, I have been trading futures since the 90's and this is my observation. Feel free to have your opinion, but I do want to point out to other traders here that I am not in agreement.
  10. M

    ES Journal Archive (2011)

    I disagree. The future's pit session gaps are senior and those gap closes invariably occur before cash, which ends up following suit.
  11. M

    ES Journal Archive (2011)

    New low for NQ, not for ES.. That's usually bearish. Watch that ten year note and ZN Dec 130'065.
  12. M

    ES Journal Archive (2011)

    Well, here is NQ 2176. Better hold. You can see the stall.
  13. M

    ES Journal Archive (2011)

    As long as NQ 2176 holds, there is upside risk to ES 1199. Another NQ drop below 2176 would be very bearish and we should see that 2165.50 gap, possibly even lower to 2157. But with the VIX back below R2, I doubt it.
  14. M

    ES Journal Archive (2011)

    My slight bias at this stage is that we put in the low. There was sufficient ES end of trend flush volume and we have a 10/20 sma cross on the daily. ES 1175 is of course the gap close but also 50% longer term (983.25/1368.25). We'll see, but I have covered all shorts at least for today. Hogs...
  15. M

    Why is the market going up?

    Oil declines on dollar rise which is safe haven in times of market collapses, which is the pattern the past 11 years. Oil trades in US dollars. Furthermore, you add recessionary pressures and we get oil at 30 on negative growth, an extreme low. The low oil of the 90's was mostly due to a strong...
  16. M

    Why is the market going up?

    In case you haven't noticed, gas prices go down during recessions. January 2009 was the peak of the recession, oil consumption was low. Markets rally when oil moves higher because it tells you there is growth. You obviously do not follow markets when you "trade". The ignorance on these boards is...
  17. M

    Commissions adds up in the long run

    Trade ZN. $1.43 at IB per.
  18. M

    ES Journal Archive (2011)

    ES 1175 area or NQ 2150, a retest of 20 dma's very possible in the next few days if NQ closes sub 2218. That's a long way down from here.
  19. M

    ES Journal Archive (2011)

    CBOE equity put to call showing complacency, whereas OEX option traders are very bearish. That's a red flag. Would not be surprised to see another flush, maybe even a waterfall decline into the close. Traders should not expect a repeat of yesterday's pattern. NQ needs to get back above 2229 quickly.
  20. M

    ES Journal Archive (2011)

    We get a lower low with s light bullish dive. Could be it. NQ tags 5 dma. Note that NQ is negative for the year below 2219, so bulls know the close they need.
Back
Top