ES Journal Archive (2006 - 2008)

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Quote from volente_00:

still short mbusch ?
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Nope, short was premature. Closed it out at breakeven when price action looked funky. Long again from 1465.50 with close stop, looking for 1468. I'm guessing there are some buy stops above 1466 to propel us higher. We'll see...

EDIT: They're making a valiant attempt to move higher, but so far no banana...

EDIT Out for -1. Now flat. I can't figure out which way they want to go. My instinct at this point says "down" but I'm not quite ready to put money where my mouth is...
 
Quote from volente_00:

I'm short at 1465.5 on a rule of 10.
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My guess is that you've got a winner there, although I'm not sure the rule of 10 is valid these days (more like rule of 40). :)
 
we'll see, rule of 10 still valid except now u get a 10 point move in 5 minutes versus all day a month ago. I'm bullish for the week, just not a buyer on a gap up.
 
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