ES Journal Archive (2006 - 2008)

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OIl is down 5, unless this reverses than i think we retest yesterdays high.

Quote from kinggyppo:

Tape looks to be in distribution mode at the moment, but you could be right, time will tell. :)
 
Watch oil futures between 2 and the 2:30 close. Oil recovery
could send us back to the mid 50`s. A further lower closing
will help this thing test higher.
 
Quote from smilingsynic:


If a system has a negative expectancy and/or is based on faulty assumptions, no system of trailing stops or money management can save it, but only keep it from losing money too quickly.

And give you time to find a system with positive expectancy :)
 
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