ES Journal Archive (2006 - 2008)
- Thread starter Buy1Sell2
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LC,
this is Wednesday, can be whacky.
let me write some fiction here:
opening profit-taking pushes prices back down for a test of 1388.50 to 1387.00, then up. tags 1398-1399, then stops on a dime and gives you 8 cents change.
...ohhhh, now the crystal ball is fogging and I can't make out the chart...
and if I'm wrong, remember what you paid for this analysis.
zero, zippo, nada, zilch.
And that may be all it's worth.
"Markets are never wrong; opinions are." - J. L. Livermore
this is Wednesday, can be whacky.
let me write some fiction here:
opening profit-taking pushes prices back down for a test of 1388.50 to 1387.00, then up. tags 1398-1399, then stops on a dime and gives you 8 cents change.
...ohhhh, now the crystal ball is fogging and I can't make out the chart...
and if I'm wrong, remember what you paid for this analysis.
zero, zippo, nada, zilch.
And that may be all it's worth.
"Markets are never wrong; opinions are." - J. L. Livermore
I think I get what wave is looking at, maybe not. 
In order for the market to drop from here, the obvious upside targets cannot be reached, otherwise, there will not be enough sell pressure to push it down below 1350 area.
In order for the market to drop from here, the obvious upside targets cannot be reached, otherwise, there will not be enough sell pressure to push it down below 1350 area.
Quote from Lawrence Chan:
I think I get what wave is looking at, maybe not.
In order for the market to drop from here, the obvious upside targets cannot be reached, otherwise, there will not be enough sell pressure to push it down below 1350 area.
Below 1350 area is also my target for short.
It is already whacky - econ news not holding up before open.
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