ES Journal Archive (2006 - 2008)

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Quote from Jahajee:

This is not in sync with majority opinion on the forum but here goes:
I think the markets failed again, yesterday, to overome the important 920 level and is now on another move down.
It could be that another attempt is made today at 920 but the hourly charts look more bearish and it appears to me that it goes lower from here. How low? don't know.

Caveat: I have been wrong before, too many times.
http://caldaroew.spaces.live.com this guy had 913 as a pivot,he' pretty good
 
Quote from Buy1Sell2:

I remain short here. Quick reminder: 80 percent of my portfolio is outside of my futures trading account. Many will recall that I sold all equities in late 2007 after being long in the run up since the last recession. I have been dollar cost averaging back into equities and now have a 4/96 allocation equity/cash. One further quick note: Never risk more than 2 percent of TLNW on any one trade/idea. Good trading to all:)

Like I said you must be a very rich man. Right now in your futures trades your risking $208,978. If that represents 2% of your TLNW your total portfolio is around $10,448,900.

DMartin
 
Quote from dmartin:

Like I said you must be a very rich man. Right now in your futures trades your risking $208,978. If that represents 2% of your TLNW your total portfolio is around $10,448,900.

DMartin


Well when we all meet up for drinks at the end of this bear market, then the first round will be on B1S2. Somewhere nice like the Carnelian Room though.

:D
 
Quote from ammo:

http://caldaroew.spaces.live.com this guy had 913 as a pivot,he' pretty good

He talks a bit too much, I like simple things like "we go up" or "we go down tomorrow." Also he presented 2 different counts for the Elliott wave, that is typical of EWers. (although I kind of agree with one) But looking at his chart I have just realized a nice ascending triangle on the daily:

4fvd46.png


We could go down to mid-880 and still stay inside the triangle...
 
Quote from Jahajee:

This is not in sync with majority opinion on the forum but here goes:
I think the markets failed again, yesterday, to overome the important 920 level and is now on another move down.
It could be that another attempt is made today at 920 but the hourly charts look more bearish and it appears to me that it goes lower from here. How low? don't know.

Caveat: I have been wrong before, too many times.

The same thing is in the back of my mind. But that being said the trend on the hourly is still up (im looking @ 60 days). I'm thinkin worse case down side st would be around 880.
 

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why am I the only one bullish here? that's right, ammo called it nuts.

If we can take out 907 have a shot at 918 today, utlimate move would be to 935, not trading the cow for the magic beans on that happening though.
 
Quote from startraitor:

why am I the only one bullish here? that's right, ammo called it nuts.

If we can take out 907 have a shot at 918 today, utlimate move would be to 935, not trading the cow for the magic beans on that happening though.
fund amentals are crap,you and dino are the only ones making money,good luck, 30 min ch looks bearish below 901 djtrans meeting res tween 3450-20, on an up and down daily tl and this guy "chanelops" do search on et
 
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