ES Journal - 2012

[tortoise]

short 1340


[edit; out for -.5]

 

[Picaso]

Quote from NoDoji:

We have to hit 42 or Picaso will like EMG better than me :eek:
(

Never

I'm only with EMG for the money

 

[Lawrence Chan]

Quote from Lawrence Chan:

3 pm day high in play.

=)

They tried - 1 tick shy.

 

[ammo]

trans last hour

 

[tortoise]

Quote from ammo:

trans last hour

not sure what to make of this -- or anything -- anymore.

i think i'm done with this game

 

[ammo]

trans dumping now uvol/dvol ratio dropping

 

[Lawrence Chan]

Quote from NoDoji:

We have to hit 42 or Picaso will like EMG better than me :eek:

These kinds of days have to drive you guys nuts. Huge run on the news, bull flag breakout @ 36.25 and you have to sit on it all day.

42 printed. a 3 pm day high.

maybe saving the other gap for Monday to gap up there then.

 

[bigsnack]

Pretty large target hit in my view on the daily chart (CrazyA would be proud that I'm using the SPX chart).

 

[Rickshaw Man]

Magic futures never fail. One giant gap up after another in the cash markets. It's amazing how employment always rises during the presidential election year AMAZING!!!

 

[NoDoji]

Quote from chaykapwr:

if we break 36, at minimum we will see 39, but most likely see 42

Quote from NoDoji:

This is a bull flag here. Technically a breakout should carry through to at least 42 if it's more than just stops being run.

OK, so we posted the same idea at almost the exact same time this morning. What I want to know is whether you're using classic TA or Picaso's Magic 8 Ball to trade?