ES Journal Archive (2006 - 2008)

[riskymove]

Quote from riskymove:

S 78.5 3 point stop - financials too ugly, tech cannot fill the void and oil rallying. Will cover half 75 half 72.

out 80.5 -2 Don't like the drip up still looking short for right now but keep ing eyes in AIG - if it can reverse/rally could lead to financials stablization/rally to help upside ES.

 

[PACMAN1]

from s1 to midpoint then back down to s1, in a channel, geesh.

 

[wave]

I've mentioned him once before in 2007 and I will mention again.
I''ve never met or spoken to the chap, though I do live in the same town he once lived in. If you really want to understand price movements, you need to understand what Jack Hershey is trying to reveal to so many. It takes work, hard work, time, inclination, sweat equity, etc. and you may never come to understand it or be able to implement it successfully. But for the few that do, they will be rewarded. I stumbled upon the concept myself, only to see someone else already figured it out as well.

Good luck all the best

 

[Mins]

Quote from wave:

I've mentioned him once before in 2007 and I will mention again.
I''ve never met or spoken to the chap, though I do live in the same town he once lived in. If you really want to understand price movements, you need to understand what Jack Hershey is trying to reveal to so many. It takes work, hard work, time, inclination, sweat equity, etc. and you may never come to understand it or be able to implement it successfully. But for the few that do, they will be rewarded. I stumbled upon the concept myself, only to see someone else already figured it out as well.

Good luck all the best

Lol advocating Jack Hershey methods. WOW you just lost all credibility in my eyes.

Damn just when i was beginning to like you.


Plus i don't really give a rats ass what anyone's method of trading is. I would never follow another trader and am happy creating my own methods. I can't believe any trader can really become by learning everything from others. This is a solitary pursuit imo.

 

[wave]

Quote from Mins:

Lol advocating Jack Hershey methods. WOW you just lost all credibility in my eyes.

Damn just when i was beginning to like you.

Mins, I know, i know. I have no affiliation with him or how he goes about his stuff. Trust me, understanding what he is trying to reveal is worth the endeavor.

 

[smilingsynic]

Quote from smilingsynic:

What I am expecting at this moment is a gap fill (1240 area, from 7/17) and therefore a shakeout that will serve as a bear trap, after which the market will hit the 1320's by Labor Day.

1320's by Labor Day is still in the cards, and 1270 would be a nice entry point.

 

[wave]

Mins it is a solitary pursuit, it is how I got to where I needed to get. Bits and pieces from others, books and experimenting.

 

[Mins]

Quote from wave:

Mins, I know, i know. I have no affiliation with him or how he goes about his stuff. Trust me, understanding what he is trying to reveal is worth the endeavor.

I think this depends a whole lot on the individuals personality. Somebody like me will never follow others methods as i have always believed i can do better - this is just my personality, i applied it to sports, studies and now trading.

This is the reason why i like reading ET picking up snippets here and there and then moulding parts i like to fit my overall strategy.

I still believe nobody can be taught to trade.

 

[riskymove]

Quote from smilingsynic:

1320's by Labor Day is still in the cards, and 1270 would be a nice entry point.

Yes that would be great. I think today may have a hard time rallying with all the news, but any move down to 1265 to 1270 could be taken long with look at least above 1292 then onto 1320. Just my two cents.

 

[PACMAN1]

Quote from smilingsynic:

1320's by Labor Day is still in the cards, and 1270 would be a nice entry point.

I have learned a lot from your comments but are you a daytrader or a swing trader.