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"OIL MUST FALL", Oh Yeah, It might, BUT to what.... You happy with 120 or 110 ? My friend, It is doubled since last year. You think OIL @ 100 will put everything back to normal. IT needs to go back to 80, Otherwise we are still screwed.

Remember, Crook or not crook, It is their game and they play it however they want. What is important for You and me is to 1- try to play like them 2- make sure you have a money management plan and you are following it. Otherwise you will hand your @$$ to them in no time. Just in...

It has a support @ 70-72 hope it holds there.

It is trying to get back in the BULL channel today. Like I said we need to stay over 1390 -1400 for the uptrend to continue, other wise 1350 or even a 1300.

it is giving me a sell signal on weekly chart too. Doji/high volume/high RSI / high MFI

the ES support line is somehow penetrated. Like you said if the next couple of days they hold it above 1400, it might survive, otherwise, 1320- 1350 is very reachable

and also please let us know if you have backtested it, what has been the max draw down on your account. Have you tested it on ES ?

I searched and searched and could not find anything. I also noticed the volume was high when it started to recover. So I think that it was just some long liquidation in the morning and was an opportunity to get in. It was kind of abnormal though....:confused:

Many trading systems recommend following the 2.5:1 or 3:1 ratio religiously. Any modification to this can hurt your profitability and should not happen too often. Much of the homework you need to do should happen before you get in a position. If you are done with your homework and think that you...

keep waiting.

Market gets rough, only when you merely bull or bear. when you think that the market will act like what you think.

Total open interest of ES yesterday raised a little over 300 contract. This means that we had a lot of shortcovering. BUT, It is kind of funny to say what market is going to do tomorrow. haven't you seen days with Bad news all over the place and market goes up or the other way.

did you do the same with EJ ? if yes, do not pull your head up :p cause I am not.... But I still like this FEED thing, but at 8.5 - 9

Well, Isn't that some of us did last year. To borrow from your credit card to pay for an adjustable home loan, which was priced at 20 times more than our anual salary.... ? :confused:

Ha Ha... Who let the WOLVES in.. who uh who who....? Some one left the farm's door open.. Wolf is not the only problem. Many of these chickens are not ours. and their owners are thinking about pulling them out and moving them to a different farm.

Where is your source? If you believe in this, Go Long now. !:p

Or postponing it to after election, That would be a considerable achievement if they can. If fed cuts .75 or higher tomorrow and oil comes down below or around 100. then we might expect a short term pop till earnings come out. If not, I can see ES around 1150 in June contract.

This is sick, ... Right... We made it sick,.. and if we dont find a medicine, we get sicker.. Please watch this 20 minute clip; it's definitely worth the time. http://www.storyofstuff.com/

GRMN got trapped in a bear market right after a downgrade. During the same time it got involved in a bidding challenge story with TOM TOM over Tele atlas. However, after all, the main thing is the competition. Look at the stores and see GPS devices are more and cheaper. look at Navigon...