Db's DailyDispatch: 060204

dbphoenix · Jun 2, 2004

If this is going to be a regular thing, let's avoid the dreaded thread bloat and start fresh with each episode.

Quote from erierambler:

premarket price is at R on the ES and NQ.... good morning.

erie

Yep. Anyone who doesn't know what you're talking about can refer to the chart I posted yesterday in my journal.

dbphoenix · Jun 2, 2004

So far I haven't found a better indication of direction than bozos. Anyone who's trying to develop a retracement/continuation tactic would do well to give them a look-see.

dbphoenix · Jun 2, 2004

I love these old movies where "undercover" cops wear suits and ties while they're on a stakeout at the beach.

dbphoenix · Jun 2, 2004

NQ seems to be taking its S cues off the ES.

erierambler · Jun 2, 2004

not much demand here (1121)

dbphoenix · Jun 2, 2004

Not much anything. But this is half the ADR, which is a typical stall level.

shuman_dahuman · Jun 2, 2004

sorry for what's probably a dumb question. but what's a bozo? if one occurred this am could you just tell me what time so I can see an example.

Thanks..

dbphoenix · Jun 2, 2004

Quote from shuman_dahuman:

sorry for what's probably a dumb question. but what's a bozo? if one occurred this am could you just tell me what time so I can see an example.

Thanks..

A marubozu. See my thread, below. Or go to someplace like litwick.com.

shuman_dahuman · Jun 2, 2004

thanks. I know what a marubozu is, just didn't catch the lingo.

erierambler · Jun 2, 2004

possible TOB on the ES