ES Journal Archive (2006 - 2008)

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Bias continues to be towards longs today. I will be finding the good entries with proper stop outs. If bias changes to shorts, then I will be looking for good short entries. Bias is still long though at this exact moment in time. :)
 
Quote from volente_00:

I'd be leary of the gap under us.


Would I be buying if we fell 10 from there ?

Probably not, Im out half at 1464.5, stop at be on the rest.

hardly a gap in the cash.
 
Quote from Spectre2007:

risk/reward scenarios favor the bulls, for a massive rally.

i don't know. Where are all the bargain hunters? Goldman is rescued, Fed pumps in more liquidity and we're barely able to top Friday's high?

Shouldn't we be 10 points higher at least?
 
Quote from pkts:

i don't know. Where are all the bargain hunters? Goldman is rescued, Fed pumps in more liquidity and we're barely able to top Friday's high?

Shouldn't we be 10 points higher at least?
Behind every silver lining is a dark cloud...

CNBC's headline: "Fed Rate Cut Appears Less Likely As Credit Markets Stabilize"

News is noise.
 
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