ES Journal Archive (2006 - 2008)

[saliva]

Quote from Lawrence Chan:

Then we are talking about #3 that we have the gap hold today.

#1 is reserved for the bulls as v3 mentioned a 5 day island down there should the gap hold today.

Yup, yup, that's the goal! Or, better yet, we end the day lower than Friday. That would be considered a key reversal day or bearish engulfing. Either way, bears win.

 

[jmoo]

stopped 900 -5 going to reshort at 895

s 895 900 stop

 

[saliva]

Momentum is slowly picking up to the downside. I'm looking for 75-ish as a barrier. If we break below that, bulls should fear for their lives.

 

[saliva]

Quote from jmoo:

stopped 900 -5 going to reshort at 895

s 895 900 stop

You didn't place the stop right at 900, did you?! :eek:

 

[ggoyal]

i hope the intraday players got some of those trendline shorts

 

[trackstar]

I see long.....

 

[Lawrence Chan]

R1 (95) hold ... R2 (18) in play.

Edit: Just break out of down trendline of the day ... may retest 98 region but it is not bearish until LOD is taken out.

 

[jmoo]

Yea 900..

Buy stop at 908

 

[saliva]

Quote from trackstar:

I see long.....

Yeah, I got faked out on that move.

 

[BoyBrutus]

Quote from jmoo:

Yea 900..

Buy stop at 908

On that same line of thinking I would put a buy stop at 908.25

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