ES Journal - 2012

[ammo]

Quote from BSAM:

ES pulls back, then crashes again this afternoon?

where.s pekelo, thats his definition of a trend day ,we are in the 11-12 30 cst break period,noon ballo0n and its a dead cat bounce

 

[gmst]

Quote from ammo:

where.s pekelo, thats his definition of a trend day ,we are in the 11-12 30 cst break period,noon ballo0n and its a dead cat bounce

Pekelo - I would be very interested if you can state what is your definition of the trend day.

 

[ammo]

http://www.elitetrader.com/vb/showthread.php?s=&postid=2419980&highlight=adu#post2419980

 

[gmst]

Quote from ammo:

http://www.elitetrader.com/vb/showthread.php?s=&postid=2419980&highlight=adu#post2419980

Ammo, thanks for the link.

 

[kinggyppo]

Quote from Spectre2007:

" ... Kumbaya mi lord.. Kumbaya..."

harvest time?

 

[nillionaire]

Quote from failed_trad3r:

People are expecting an Obama win, thus the rally. The uncertainty is disappearing.

Even ignoring that, QE3. Market can't go down Even Twist led to a rally. You can still buy the dip and free money.

Also, santa claus rally.

As you see, there are SO MANY BULLISH things right now going on, a long is a NO BRAINER.

I predict 1500

Edit: market rose after katrina too.

Once again you nailed it exactly. You made that post at 11:59 yesterday, and the high yesterday was at 12:05.

 

[Spectre2007]

prayers answered!! halleluyah!!

 

[Spectre2007]

Quote from Spectre2007:

prayers answered!! halleluyah!!

cover them shorts baby!!! ... lets rock!!!

 

[Spectre2007]

Quote from kinggyppo:

harvest time?

yep.

incite recruit.. harvest

edit: notice the parabolic curves in different markets. I'm givinng away secrets.

 

[Pekelo]

Sorry guys, I have been busy predicting the market on the other thread:

Quote from Pekelo:

Since I like to predict:

1. Obama wins easily by the EC.
2. Market drops 3-4 % in the next 3 days...

We got -2.7% today, I would call that a pretty good prediction.

Quote from gmst:

Pekelo - I would be very interested if you can state what is your definition of the trend day.

Lower lows and lower highs? Anyway, if I am right about this 3-4% drop, and we did 2.7 of it, that means there isn't too much of a downside left to take advantage of it. I could see 1380 on the cash in the next 2 days, but not much lower than that.

I apologize for not posting the prediction here, there was a special thread about market behavior after the election...

Also about trending: As long as the price stays on one side of the SMA, that is a trend. Example: Today until 11:45 or so, the price stayed below of the SMA (9) on the 5 min cash chart. Of course different time frames show different trends...On the 15 min chart it crossed over later, at 12:15...