ES Journal Archive (2006 - 2008)

[Mins]

Im playing it long here - got a nice conservative entry at big resistance. Decent buying at yesterdays HOD.

Still expecting this to blast off - very tight stop. Dunno if this will hold.

Thinking of getting out here. Not liking what im seeing.

 

[Spooz Top]

this is a good test for the bulls to see if they can hold it with a gap n grind upward.

 

[Buy1Sell2]

Quote from Buy1Sell2:

I believe that once this little pullback consolidates a bit, we will go much higher today.

Going to make a daytrade here. I will buy 2 contracts at 1555.50 and attempt to get 6 points per.

Edit: Order cancelled when we bounced off 1555.75.

Order replaced for 2 contracts long at 1555.00. Will try and get at least 6 points per.

 

[Spectre2007]

careful with that compression , FEDs goal is to reignite the equity bubble, they wont say it in public. Only thing that will buffer higher energy costs and housing equity losses.

 

[Buy1Sell2]

Quote from Buy1Sell2:

Order replaced for 2 contracts long at 1555.00. Will try and get at least 6 points per.

Filled.

 

[Spooz Top]

looking for 50 if we get thru 50% fib at 52.75

 

[Buy1Sell2]

Much higher, Beginning right now.

 

[Spooz Top]

bears starting to win the tug o war & the little battles.......which tells me a "turn" is approaching the big pic/war.......not exactly now but in due time.

 

[vertigo3]

Spooz-Top,
when you say
"looking for 50 if we get thru 50% fib at 52.75"

how do you gauge "thru"

does it have to be a close on a 5 minute bar,

does it have to be a close on a 10 minute bar?

Is it just prints undercutting the level by 3 ticks or a point?

How do you determine whether or not the move down through a level like that is definitive?

 

[Spooz Top]

i see 49/50 as possible buy zone should we get there for a pop.....stop just under 48.