ES Journal Archive (2006 - 2008)

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Quote from Spectre2007:

gaza violence... keep an eye on it.


Do you thin it is that important, or maybe because it is a prelude to something bigger that has to do with Iran? Because if the Israelis are getting warmed up to hit Iran's nuclear installations then we will have a sell program or two activated in no time.
 
Quote from saxon22:

Why do you say 1526.50? The ES only managed to get to 1525.25. :confused:

It's where the Big$$$ will most likely bring out the King Kong foot to keep price from getting above it. They are highly organized and care about risk as much as we do. They carve out their risk levels and intentions (for those with a good eye to see it) on the chart. I average in along with them in these areas.
 
Quote from tcosync:

Be rational shorts. This is a runaway market. Gap may not close today.

And yes you must be rational and professional and realize nothing is 100%. So no conviction, be just as prepared for the long continuation with resting order or existing long positions.
 
Quote from wave:

It's where the Big$$$ will most likely bring out the King Kong foot to keep price from getting above it. They are highly organized and care about risk as much as we do. They carve out their risk levels and intentions (for those with a good eye to see it) on the chart. I average in along with them in these areas.


Got it. Thank you for taking time to explain it to me. much appreciated.

:) :) :)
 
Quote from tcosync:

Be rational shorts. This is a runaway market. Gap may not close today.


There is still the afternoon session where hopefully cooler heads will prevail and see this market today for what it is: an opportunity to take some profits while the prices are high.
 
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