ES Journal - 2013

Quote from FreakofNature:

Ok shorts, help me understand this, because as of now, all I see is a bunch of crazy traders shorting a strong market for no reason whatsoever.

This market is breaking out, is basic technical analysis.

I don't care if you even make a little money with fancy crazy ass averaging down tactics fading the trend you missing out on the easy money which is long.

Crazy traders I tell you, I dont get it.

help us understand your bull case and show some charts. statements like this have no weight until you prove your point.
 
Different time periods, innit.

Quote from FreakofNature:

Ok shorts, help me understand this, because as of now, all I see is a bunch of crazy traders shorting a strong market for no reason whatsoever.

This market is breaking out, is basic technical analysis.

I don't care if you even make a little money with fancy crazy ass averaging down tactics fading the trend you missing out on the easy money which is long.

Crazy traders I tell you, I dont get it.
 
Quote from FreakofNature:

Ok shorts, help me understand this, because as of now, all I see is a bunch of crazy traders shorting a strong market for no reason whatsoever.

This market is breaking out, is basic technical analysis.

I don't care if you even make a little money with fancy crazy ass averaging down tactics fading the trend you missing out on the easy money which is long.

Crazy traders I tell you, I dont get it.

Basically, I think it's because people add their own opinions, emotions and expectations while at the same time trying to be technical traders. It's not a good mix.

Maybe one should remove the name S&P from the charts along with the price values?

I once heard about a trader who did that in his analysis to avoid bias.
 
For me, last week it seemed going long became more difficult rtm. I get the "Its a Bull market argument". I don't see any targets higher as of yesterday close.
 
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