ES Journal Archive (2006 - 2008)

tommymoose · Jan 17, 2008

Quote from vertigo3:

low print on my data has been 1358.50 versus bizarrre AH busted trade low of 1358.75

unreal,
hey tommymoose, you long now?

I can only trade from Noon til close because of classes.... so no

... looking back on the trade I would have gotten long, but probably would have been stopped out a break even since my target was higher.

apex82 · Jan 17, 2008

there we go... panic starting to set in... let ben come in right when we hit 1347

mbusch · Jan 17, 2008

Quote from apex82:

I am starting to lick my chops on a long..... I just cant pull the trigger until 1347 even though I think we could get a pretty good reversal here. I want to see the bloodshed, the panic. This long from 1347 would be a hold to a minimum of 1370-1380 for 1st target.

I've been gradually watching bullish divergence propagate from the 4-hour chart all the way now to the 1-minute chart (with the notable exception of the 60-min, but both 4h and 30min show it). Finger is on the trigger. As soon as they run out of sell stops, this thing's going up.

tommymoose · Jan 17, 2008

Quote from apex82:

there we go... panic starting to set in... let ben come in right when we hit 1347

Nice divergence on the three minute too

gorkgonzola · Jan 17, 2008

hey folks,

i've been lurking here for what seems like forever (i imagine i may not be the only one... :eek: ).

anyway, here's my silly first post:

re. spectre's call to look out for a surprise discount rate cut, i was led to wonder if anyone knows offhand about the historical intraday timing of such fun events (discount rate or otherwise)?

my guess would be that they've done it before RTH, after RTH, or around 2PM. if i recall the discount cut at the end of last summer came after RTH...?

is there any historical pattern?

thanks in advance to anyone who might know.

mbusch · Jan 17, 2008

Hope I didn't jump the gun, but I just went long on a buy stop at 1452.75 with a sell stop below LOD. If Apex gets his 1447, I'll be stopped out and have to re-enter.

kinggyppo · Jan 17, 2008

Nice reversal caught the low. I am using twiggs money index on a ten minute time frame, similar to the MACD. At times like this its nice to be able to control your financial destiny. I feel bad for all the people that can only buy and hold.

mbusch · Jan 17, 2008

Quote from mbusch:

Hope I didn't jump the gun, but I just went long on a buy stop at 1452.75 with a sell stop below LOD. If Apex gets his 1447, I'll be stopped out and have to re-enter.

No conviction here, so closing out at 1454.75 for +2 and waiting for a better entry. (Hope I don't miss the train.)

smilingsynic · Jan 17, 2008

Quote from avarus:

we still have unfinished business at 1560-90. Can't leave those trades on the book dangling too long.

The stronger the bear market collapse, the stronger the bear market rally.

I love bear market rallies.

Spectre2007 · Jan 17, 2008

Quote from gorkgonzola:

hey folks,

i've been lurking here for what seems like forever (i imagine i may not be the only one... :eek: ).

anyway, here's my silly first post:

re. spectre's call to look out for a surprise discount rate cut, i was led to wonder if anyone knows offhand about the historical intraday timing of such fun events (discount rate or otherwise)?

my guess would be that they've done it before RTH, after RTH, or around 2PM. if i recall the discount cut at the end of last summer came after RTH...?

is there any historical pattern?

thanks in advance to anyone who might know.

your right around... 2pm..

watch for anomalous price action...

how hard do you think it would be to keep intels earnings a secret... from all the number crunchers..to inhouse staff... nearly impossible.