ES Journal - 2012

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Quote from Spectre2007:

Guys want to crash the market on Monday's open feels like '87..Limit down on SPOOZ

this prediction came out of nowhere....lol.

In 1987, week prior to Monday crash was a huge down week. we all know how this week panned out. No similarity whatsoever with '87.
 
6,5 point RTH range.

Triangulating here in what I as a short hope is a bear flag.

Something`s gotta give, right?

Update: Reaction at the 50% level at 13,25. If we take out that level, I think it`s game over for any intraday shorts.
 
Quote from iloveoptions:

You've called several of those lately. When will you eventually be right?

I think we'll see a move of that magnitude sometime in the next 6 months, as it's been a while since we had a locked limit down day.
 
Quote from iloveoptions:

You've called several of those lately. When will you eventually be right?

Politics when it comes into play regarding markets can be detrimental. That's the only relationship I was alluding to. Some key players said some market disconcerting things before that crash.
 
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