ES Journal - 2012

[chaykapwr]

we are about to get the explosive move, in either direction. Probability says to the upside

 

[Lespaulr0cker]

Quote from chaykapwr:

we are about to get the explosive move, in either direction. Probability says to the upside

If we are to "explode" in any direction, I figure it would have happened this morning on the UE report when we had a catalyst?

 

[ammo]

Quote from chaykapwr:

we are about to get the explosive move, in either direction. Probability says to the upside

why

 

[JoshDance]

Quote from ammo:

why

Because the shorts are backed into a corner. Bulls have breathing room. Just probability of course, this moment is this moment, and anything can always happen.

 

[ammo]

Quote from ammo:

add 50.25

http://online.wsj.com/mdc/public/page/2_3022-mflppg-moneyflow.html ..spy was negative 131 at this post so another 50 mil short in last 55 minutes

 

[ammo]

Quote from JoshDance:

Because the shorts are backed into a corner. Bulls have breathing room. Just probability of course.

thats an opinion,i thought you had some data to go with..from everywhere i am reading,everyone is long...http://www.insidestocks.com/momentum.asp ..sounds rude,not meant that way,sorry

 

[JoshDance]

Quote from ammo:

thats an opinion,i thought you had some data to go with

How about, look at the daily chart since late December for the general direction. But other than that, yes, it's all just opinions and guessing. May very well drop like a brick right now.

 

[ammo]

spx respecting that 1354

 

[Jestersofmalice]

very unlike me. I hate to short the ES and generally ignore short signals, but missing lots of action due to other commitments at the moment so:

short 1350.75 ; stop at 1354.75

 

[ammo]

trans 50 pts below last fridays hi at nip ,while spx making new highs