ES Journal Archive (2006 - 2008)

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these are ballpark #s,in 1929 dow fell from 358 to 195, a 55% move,it then rallied to 267 (october thru apr), a 36% move,it then fell to 40 from 1930 -1932. spx 1540 t0 840,55% move. spx 840 to 1120 , 36% move.If we get there or at least in that ballpark. After that we will hear what they haven't told us yet.
 
Quote from tommymoose:

Interesting stat... 60% of gaps larger than 2% have the market close under the open price during the same day.

Maybe its better to consider the gap against ATR ?
 
10-10-08 01:47 AM
FYI,

The same system that flashed a crash coming back in July 07 just flashed a buy when we hit the 880s.

Major bounce coming for sure over the next week.

10-10-08 03:35 PM
Somebodys a buyin big.

Still bouncing. 970 should halt the run temporarily.
 
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