ES Journal Archive (2006 - 2008)

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Based on currencies reaction, the nose dive of the USD will hit the hard support levels from 10+ years ago across all currencies in a day or two.

That also implies we may see a "true" bottom in a day or two as long as PPT have their hands off the stock market for once.

Again classic round numbers all over again ES 1200, NQ 1600, YM 11000, just one level lower. :)

Edit: Remember, support levels are not the lows of the day. They are the ending prints of a day. There is a hugh difference there nowadays. Newbies - hands off trading unless you know what you are doing.
 
Quote from tommymoose:

Excellent trading iloveoptions :)
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tommymoose, I read your posts once in a while and your calls and comments are fantastic too.. Now if only the S&P Futures options market is liquid enough at night, I wouldn't even touch the futures. Sometimes though, you just can't have your cake and eat it too:(
 
Quote from iloveoptions:

tommymoose, I read your posts once in a while and your calls and comments are fantastic too.. Now if only the S&P Futures options market is liquid enough at night, I wouldn't even touch the futures. Sometimes though, you just can't have your cake and eat it too:(
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Thus, while I wait for 60.5 to play out, I'll be listening to Allesandro's breathtaking voice mesmerizing Sarah's...

http://www.youtube.com/watch?v=0XXAG_rOjMk
 
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