ES Journal Archive (2006 - 2008)

[vertigo3]

beeeoooootiful, BB

 

[BoyBrutus]

Quote from BoyBrutus:

9:42 Ex 1/4 1182 +17

9:47 Ex all 1182.5 +17.5

TY Vertigo

 

[Lawrence Chan]

Struggling at S1 ...

Last few times all failed at taking it out.

 

[Pekelo]

Quote from Pekelo:

Giant 2nd gap in a row...

....and gapclose is done...

 

[GTS]

Congrats to the longs...the gov't bailed you out again

 

[Lawrence Chan]

S1 defended, pivot in play.

1210 here we come

 

[Pholeuon]

I need tranlate what is pivot in my mother language.

Pivot = male of beer

You can see that it is liquid-ity issue.

 

[tommymoose]

Quote from GTS:

Congrats to the longs...the gov't bailed you out again

Dont sleep on a 50% retrace from 2003 lows... a bounce was a guarantee. Whether it becomes "the bottom" remains to be seen but it certainly has potential.

gov't bailout just happened to coincide nicely... they plan these things, dont you know? Did you see the "FED wants GS and JPM to loan AIG money" headline that hit during the same time we were testing the AM lows yesterday? They were trying to create a double bottom. Anticipate the fundamentals to coincide with the technicals.

 

[BoyBrutus]

Quote from tommymoose:

Anticipate the fundamentals to coincide with the technicals.

Thats a good one TM

 

[smilingsynic]

Quote from Pekelo:

....and gapclose is done...

I know the two consecutive gap rule is an old one for traders, but I give you credit for reminding me about it many months ago. Considering that I am not able to trade intraday until the end of the month, that rule has been my most reliable swing trading rule in recent weeks.

If I am ever in your neck of the woods, I'll buy you a beer.