ES Journal - 2019/2020

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vanzandt said:
Here comes the bounce.
Long SYK again at 170.35
Gonna let it breathe this time.

This is a good stock btw... for the retirement accounts.
Ya'll probably never heard of it.
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Out at $172 and change.
That'll work. Love this stuff, but done 4 now.
Muttley needs her walk. Tried to take a cute picture of her with a mask on... she would have no part of it.
 
Increasingly bullish by the minute, but still within the script of a retrace in a down day. Final line in the sand here at 39-43, IMO.

Taking out that zone combined with NQ's strength - I'd say long and new highs by the Close.
 
hafez50 said:
And this am everyone thought 2850-2900. Nobody knows . I'm just scalping in here for 10-20 min trades till i see more weakness where i can hold a short longer . Amzn up $70 tells me there's zero fear.The greatest stock of the last 20 yrs is right back near ath's . We still have 3 $1 trillion co's after the greats shock in 90 yrs. Insane
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hafez50 said:
Amzn only 40 pts from ath. It smells it . What better headlines than 100 p/e Amzn worth $1.1 tril and hits all time high. Things can't be all that bad can they?
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I don't think Amazon is a good proxy for the market right now. In fact, the longer we're hunkered down, the better for Amazon (and the worse for retail stores).

EON Kid said:
The most important chart to follow in MMT
View attachment 224822
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I remember that chart making the rounds in 2008 :D Not saying it could not happen in Europe or the US, just that all the people betting on it happening a decade ago got nowhere.

Really nice entry before, Kid, congrats.

Right now we're about 50% retrace from the move down, methinks.
 
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