ES Journal Archive (2006 - 2008)

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Quote from tortoise:

Go for it, Dude!
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I would, but it would take a year to read thru nearly 7000 pages.
Maybe the regulars could remember some good bits ?
 
Quote from Buy1Sell2:

If 1269.00 is taken out, then it would be correct to start looking long again. If no buy signal presents itself, then the sidelines would be fine. It's best to trade all in, all out over the long haul to reap the best rewards. A more aggressive stop out policy removes the need for scaling out. Talk to everyone again soon.:)
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This market followed this very well yesterday, both giving a place to take profit and providing a new long signal at 1266.25 for the afternoon runup. All in All out works best.
:)
 
Quote from smilingsynic:

He's already on ignore,
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Yeah, but it would be nice if the fellow posters wouldn't quote him specially in full length, otherwise there is no point of the ignore button...

You guys might want to keep an eye on Jayt's journal. He posts pivots twice a day here:

http://elitetrader.com/vb/showthread.php?s=&postid=2013763#post2013763

The last 3-4 calls were right on the money. Yesterday's afternoon low was 1264 and he posted a pivot of 1263.5...
 
I'm not certain how far this pullback will take us, but I will be looking to buy the pullback and get long on the proper signal. If it doesn't present itself, then I will stay on the sidelines.

As far as the very long term, I am still quite bearish.
 
So, still think we're in an uptrend? What sort of advice do we have today from this our panel of experts? Go short?

I said oversold. I meant oversold.
 
nq is leading the way today

Quote from Lawrence Chan:

Another huge gap.

Would it get filled by noon? That's our million dollar question.

T-day crew is needed! :)
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Jobless spoked the market, most of the increase was people who exhausted their benefits and are now allowed to reapply for benefits so things not as bad as first reported.
 
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