ES Journal Archive (2006 - 2008)

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Quote from saliva:

What did I tell ya?! :D

The bears are fully awake now.

Bears decided to take some of the goodies offered by NNB - maybe 30 to 40 SPX points from the high, then a bounce again.
 
Quote from Lawrence Chan:

When tight range break out failed, the other side will be tested.

That implies 818 previous day low.
I too am looking at the target of 813 (the low made on Monday), although I'm still holding out for that remotely distant 802.
 
Quote from Jahajee:

Bears decided to take some of the goodies offered by NNB - maybe 30 to 40 SPX points from the high, then a bounce again.
Today's price action closely mirrors yesterday, so I wouldn't at all be surprised if we kick higher from here. But let's hope not. These delusional bulls should be locked up for good. :)
 
Quote from startraitor:

I have never been confused with an mp guy and rarely even look at histo but today looked like death valley, even an idiot like myself can see what is coming. Trust me, I am about as dumb as they come when it comes to book learning.
very nice trade, this morning i thought my shorts were goin for a ride above 64 to 80 so i chopped in and out PS , never read the book
 
Quote from saliva:

I too am looking at the target of 813 (the low made on Monday), although I'm still holding out for that remotely distant 802.

On a day like today, I look for system failures (i.e. tight range break out first attempt fail) before jumping in ...

No guts to hold positions overnight :)
 
Quote from saliva:

Today's price action closely mirrors yesterday, so I wouldn't at all be surprised if we kick higher from here. But let's hope not. These delusional bulls should be locked up for good. :)
Seriously, you can't make this stuff up except around here.
 
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