ES Journal Archive (2006 - 2008)

[vertigo3]

Buy MIT 1316.00 (within 3 ticks of Friday Low)
SL 1314.00

based on retest of Friday low expecting a minor positive divergence in 15min histo.
target 1321.00

 

[satchel]

Quote from Lawrence Chan:

Anyone know why 1318 is so magically?

I am puzzled.

1317 is magical, at least I'll know in a couple minutes

 

[vertigo3]

LC,
1318 near 78% retracement level of AH high to 1315.25 low from Fri.

 

[ammo]

Quote from Lawrence Chan:

Anyone know why 1318 is so magically?

I am puzzled.

18,19,20 is the nip on fridays mrkt profile which is support at the moment

 

[tomahawk]

Quote from Lawrence Chan:

Anyone know why 1318 is so magically?

I am puzzled.

18.50 is Friday's close and 17.75 is pre-mkt high -10.00.

 

[thomfergu]

Quote from Lawrence Chan:

Anyone know why 1318 is so magically?

I am puzzled.

SPX weekly 200 MA

 

[Lawrence Chan]

Thanks guys.

I thought the more sensible thing for a bottom here is to flush through the level for 10 to 20 pts and then bounce back to close above it ... not lining it here horizontally

 

[vertigo3]

Quote from vertigo3:

Buy MIT 1316.00 (within 3 ticks of Friday Low)
SL 1314.00

based on retest of Friday low expecting a minor positive divergence in 15min histo.
target 1321.00

trade cancelled

target hit before entry. Boinginging

I have to tell you, I am laughing out loud, seriously giddy over this.

oh well.

 

[Buy1Sell2]

I have mentioned this several times prior, but will do so again as a refresher. My profits are typically 50 to 80 percent per annum with 2004 being exceptional at 145%. Reminder, I have not been posting my position trades in any market since the 140 pt gain that i recently had with full position on.

 

[satchel]

Think we get stuck in the 21-24 ceiling to 17 range.

Overall nothing clear out there (for me) other than scalping that range.