ES Journal Archive (2006 - 2008)

[wave]

Folks, if your grannies and grannpies are still around, better pull up a chair next to them and let them tell you how times were during the depression. I can't believe folks are considering jumping into real estate because it looks like a bargain. You will have another wave of folks throwing in the towel when what they thought was cheap is now even cheaper and they can't justify holding on to it pulling a breakeven or below return.

 

[pulsescan]

i say we test the 10 day low. then maybe we might bounce from there. at this point in time i don't think so. this mkt will remain oversold for the next few months.

 

[pulsescan]

Quote from wave:

10-14-08 08:17 AM

Market is heavy @ 1050.

Anyone take notice of the 3 pushes that made up this move.

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care to explain what you mean by "3 pushes"?

thanks

 

[BoyBrutus]

Quote from wave:

Folks, if your grannies and grannpies are still around, better pull up a chair next to them and let them tell you how times were during the depression. I can't believe folks are considering jumping into real estate because it looks like a bargain. You will have another wave of folks throwing in the towel when what they thought was cheap is now even cheaper.

http://www.shorpy.com/can-you-hear-the-bitter-cry-of-children

 

[pulsescan]

Hey guys,

I had to shut down and reboot my computer and I now see a gap on the eSignal charts in the 5min, 15min, and 60min timeframe. Did I miss something? what happend in the last 15 min to cause this? or am I buggin?

thanks

 

[wave]

Quote from pulsescan:

care to explain what you mean by "3 pushes"?

thanks

3 big waves of volume.

 

[wave]

You will have another wave of folks throwing in the towel when what they thought was cheap is now even cheaper and they can't justify holding on to it pulling a breakeven or below return.

These folks will get burnt trying to time a bottom, the second wave of buyers who hoarded cash will come in and turn the tide.

 

[startraitor]

Gramps had a nice "job" here, commuted between the country and the city. Was able to keep a nice income after his outfit closed up shop.

Quote from wave:

Folks, if your grannies and grannpies are still around, better pull up a chair next to them and let them tell you how times were during the depression. I can't believe folks are considering jumping into real estate because it looks like a bargain. You will have another wave of folks throwing in the towel when what they thought was cheap is now even cheaper and they can't justify holding on to it pulling a breakeven or below return.

 

[Pekelo]

We have back to back SDDs and usually the 2nd one ends in a rally instead of at the LOD. So I am expecting to close in the green today...

 

[Zodiac4u]

A little after the fact but 63 is a Globex 100% pivot and also todays daily 50%pivot.