ES Journal - 2019/2020
- Thread starter Buy1Sell2
- Start date
- Status
ROFL, I had the same thought.
Comic as B1S2's pronouncements are, I think next week will see a strong move down to reverse this breakout. Figure 2875 as the target. Several features of this advance are suspect, especially the huge cash gap yesterday followed by lack of follow-through today (assuming we don't rally hard into the close), plus the action under the hood. First hour on Monday will tell the tale.
Thereafter I imagine we'll be stuck back in the range until Fed day catalyzes a decisive break, one way or the other.
Thereafter I imagine we'll be stuck back in the range until Fed day catalyzes a decisive break, one way or the other.
I think there is only one way.....and that is down. Fed likely to disappoint. It won't be promising much....market expecting much more.
Last edited:
2PM ET on Sep 18th is going to be dicey indeed. But especially, I think the press conference 30 minutes later, where they give projections for future guidance/cuts.
I am not dependent on day trading income for existence. So, I don't look at screens all day every day.
FWIW, @Buy1Sell2 me neither. Frankly, I find day trading very boring most of the time. Golf, on the other hand, is great fun.
For example, this morning, a short par four 340 yards. I accidentally hit the ball flush on the sweet spot with perfect timing and the tee shot soared. The fairway toward the green runs down a slight grade to the green, and I got me one of those Rory bounce and rolls and for the first time ever on that hole I drove the green!
Unbelievable!
I couldn't believe it. Neither could my son nor my friend and his son. What a great feeling! Better than any trade, I'll tell you what. I can count the number of eagle putt opportunities I have had on one hand and those are usually on short par 5's. This was something special.
And yes ... I three putted for my par.
Better work on that putter game....and blow-off the EMini game.
I do daytrade for a high standard of living. I look at screens 6 to 7 hours a day, Monday though Friday. All holidays off, and weekends are mine. What is your point?
- Status