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  1. L

    The S&P 500 bottomed today on 12/20/18

    What's your rationale? You first called a bottom here at 2750. Then a bottom on Monday: And I think maybe a few others also. :) Eventually, you will be right. Personally, I think we have more downside left as the momentum remains strong on the down side for now. I also think it's...
  2. L

    ES Journal - 2017/2018

    What's your rationale unless it's a secret? I get the feeling that many of you guys watch trend lines, channels and MAs, so I wonder if that's what's used to derive these kind of targets. Structurally, this price development suggests an 'up day' at this point and would favour a new HOD from...
  3. L

    ES Journal - 2017/2018

    @destriero continues to embarass himself.
  4. L

    ES Journal - 2017/2018

    You truly are a very disturbed individual with huge issues. Basically, your last pages of posting and most of your posting history are criticizing and down right slandering other people. You have me on ignore because I teased you about your shitty "Minimum 2725" call, yet you're having to log...
  5. L

    ES Journal - 2017/2018

    To be specific; the odds of trading above 2570 at the time you asked is 6,6 %. So yes, it has happened in the past. But very, very rarely. Trading with market knowledge and statistics is very helpful in order to at least stay out of trouble and avoid hoping for unlikely events. With that...
  6. L

    ES Journal - 2017/2018

    You didn't ask me, but statistically, the odds of that are generally not more than 30 %. I'll say NO. :)
  7. L

    ES Journal - 2017/2018

    No long entries yet, IMO. I think we make new lows from here. We're barely down for the day, so there's still much downside potential I think.
  8. L

    ES Journal - 2017/2018

    I think we'll slide down to 2545 and we still have a good chance of trading below 30 today. EDIT: That would be 50 on the 03-19.
  9. L

    ES Journal - 2017/2018

    The last IHS called in this journal did fail... :) FWIW, the last 3 out of 4 Tuesdays following a negative Monday have had a negative close. A brief look at my data this morning suggests a high possibility of making new lows today (Tuesday RTH). Does of course not preclude a retracement up or...
  10. L

    ES Journal - 2017/2018

    Not sure if you were giving me credit or not, but 40 was using a 2,35 % closing price and basically why I wouldn't go long. We've had days down more than -3 % on this down move. That takes us to 25. :) 9 minutes left, so probably done below for today.
  11. L

    ES Journal - 2017/2018

    There's many levels that should have been defended. Me and several others have however been calling for a sustained down move since the 10th of October. We will see strong days up. Maybe even tomorrow considering the strong bias for Tuesdays. But, I have a hunch that this market will keep...
  12. L

    ES Journal - 2017/2018

    Let's give @Buy1Sell2 some peace now. In the end, it's his money and even his journal. I sincerely hope nobody is betting actual money on stuff they read in this journal.
  13. L

    ES Journal - 2017/2018

    It's interesting to note that while the financial crisis offered larger daily percentage changes - due to the current price level of the S&P, we're actually having more opportunity in this period with lower daily percentage change. The ranges and swings are bigger. These are truly...
  14. L

    ES Journal - 2017/2018

    Consider this: We're currently down 'only' -1,82 % on the day. Last Monday we were down -2,35 % on the Close and even more intraday. For today, that would take us down to 40. Bottom line: We might get a good bounce from the low, but there's a good chance the low ain't in yet.
  15. L

    ES Journal - 2017/2018

    Going long here is risky. I don't see any buy signals yet.
  16. L

    ES Journal - 2017/2018

    I also checked out that Vader guy. To me, what he write seems very vague. Also, this is speaking of my own experience: calling the market and trading it are two very different things.
  17. L

    ES Journal - 2017/2018

    How are those calculated, may I ask? :)
  18. L

    The Big Short - Great Movie

    Great movie.
  19. L

    ES Journal - 2017/2018

    Considering Monday's negative bias and Friday's action, I'd say the stage is set for another down day come Monday Open.
  20. L

    ES Journal - 2017/2018

    A model can be a lot of things, IMO. But in essence, it's your understanding of how the market works and finalizing that with a framework or set of tools in order to exploit that understanding. The better your understanding, the better your model. It can be statistics. Indicators. A set of...
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