ES Journal Archive (2006 - 2008)

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Quote from wave:

watch 67

I'll be out long before then, if I am wrong (s @ 58.5). But I WILL write that number down!

EDIT: Moved to BE. I am fearful being short in this market. Remember the game show "Press Your Luck"?

OUT at 58. Better than nothing, but less than I had considered worth the risk.
 
Quote from wave:

Yes kinggy, the same reason ES is going up here, just reverse.

I remember being on the floor when the dow was down like 160 points, this was when that kind of swing was a big deal. All the big shots from upstairs were there, lots of panic. This clerk goes walking by and I say "Hey what's going on today?" He looks at me without blinking and says "more sellers than buyers". :p
 
Quote from tomahawk:

Fears of slowdown. (sorry, late response)

http://www.newsnow.co.uk/newsfeed/?name=Oil+Prices

Listen to the news and what people base their trading or investing actions on. The catalysts always include words like :
"fear of", "what", "may", "view", etc. There is absolutely no concrete evidence in any of it. How can one trade or invest with confidence like this?

Edit: this was not intended towards you tomahawk.
 
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