ES Journal - 2012

[ammo]

Quote from Ramp:

When the ES went down hard on Wednesday morning but refused to fill the gap below that was begging to be filled and then reversed so sharply up, I interpret that as very bullish. That plus month end next week and major resistance not coming in until the 1350-60 area.

With that said, I fully expect further declines and volatility in the near future. Cheers!

when it doesnt fill in pre expiration or pre end of month ,it's manipulation,plain and simple ,and you can not predict a liars next move,you can predict that he will lie but to fool who,bear or bull, a fundamental guess would be to fool the bull, get him longer,fatter, then slaughter

 

[flipside21]

Quote from mastacoli71:

regardless, made a promise to myself once again to trade what i see and not what i think
[/B]

That's a good resolution. Long term predictions tend to be hazardous for short-term trading.

 

[ammo]

noodles and dan s ,you are trading short term whilst the big money is positioning for eom,sit back and wait for setup,right now they will fool who ever they can to get there month end numbers,opinions are the big moneys bread and buter this time of month

 

[ammo]

fwiw ,this could be a 50 pt bear flag which drops us to the 1251 nip

 

[Ramp]

Quote from ammo:

when it doesnt fill in pre expiration or pre end of month ,it's manipulation,plain and simple ,and you can not predict a liars next move,you can predict that he will lie but to fool who,bear or bull, a fundamental guess would be to fool the bull, get him longer,fatter, then slaughter

Well put ammo but one can gain from that manipulation, no?

 

[ammo]

when they want to get in a better position,fool us,long or short, they pour on the media hype,which is generally devoid of facts,the heavier they pour the bourbon,the more foolish we become,if you watch them like a shady car salesman,you can ,theoretically,guess there next move, this is when you sit back and let them spin their tale, then get in with them when as it goes the other way

 

[Ramp]

Quote from ammo:

when they want to get in a better position,fool us,long or short, they pour on the media hype,which is generally devoid of facts,the heavier they pour the bourbon,the more foolish we become,if you watch them like a shady car salesman,you can ,theoretically,guess there next move, this is when you sit back and let them spin their tale, then get in with them when as it goes the other way

I agree with that - if one can control their emotions and see through the shirade, gains can be made. However, you must be nimble enough to get out before the slaughter commences. Cheers!

 

[ammo]

sh 28

 

[Laissez Faire]

Quote from stock777:

any questions children. new lows imminent

Great call! What next?

 

[mastacoli71]

Quote from mastacoli71:

offering 1332 and heading to bed. tomorrow should be fun. really don't think the masses will be willing to hold into long weekend so looking for close near bottom of channel.

regardless, made a promise to myself once again to trade what i see and not what i think

gn

lol, not that i think the big fish are watching our posts but come on, 2 pts shy of a fill and they bang it down off the 1330 level. come on already.