ES Journal - 2012

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Quote from bigsnack:

Now of course I could be wrong, so take it for what it's worth, but the chart is starting to have a "meltdown" shape to it for me. My gut and eyeballs are telling me that we take out today's low tomorrow.

That sure is a goofy looking AH chart.
 
Quote from 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
Quote from Jestersofmalice:

target is 1346 by the way...

closed at 1346 for +4.75 as per plan

First short trade in a rather long time.
 
Right on cue the Greeks have found a way out of 'agreement'.:mad: Why not, they don't have anything to lose, because they will get loans either beforedeclaring bankruptcy or with a softer set of conditions.

This weekend,RIOTS,because EU won't give them money without strict guarantees. I don't know why they thought they could negotiate with a beggar that is trying to stay politically in control.
 
Quote from Macho:

Right on cue the Greeks have found a way out of 'agreement'.:mad: Why not, they don't have anything to lose, because they will get loans either beforedeclaring bankruptcy or with a softer set of conditions.

This weekend,RIOTS,because EU won't give them money without strict guarantees. I don't know why they thought they could negotiate with a beggar that is trying to stay politically in control.

Socialism kicks ass!

Central planners are ALWAYS better at running business.

Wish the US would get in line. This superpower thing is overrated. ;)
 
Quote from Macho:

Thank you , Lawrence . Bottom line , by following this strategy would I be eating at McDonald's or the Grille House.:D

I owe you a big thanks also for something else when I get the words right ,but in a PM:cool:

There are some long bias in the AH moves for sure.

Just that simple better the close and sell at open cannot take advantage of that.

Will wait for your PM then. =)
 
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