ES Journal Archive (2006 - 2008)

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Everything is relative. If the world follows our lead, which it appears they will, we will continue the bull market. Never fight the fed!!! It's a guaranteed lost battle.
 
Quote from volente_00:

And the only other question is to Apex


Why did you wait until ES was at 1503 and then say you moved your stop to 1484.75 hours after the fact and after the trade was deep in the money ? Never the less it was a great trade and had I moved my stop 1 tick less, I would have rode it up too.
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I moved it down because I wanted to be below the pivot low in the afterhours in case they made a run for my stop. It was only 3 ticks to sacrifice which kept me out of the noise of the afterhours sharks.
 
Quote from john12:

apex i could have sworn the other day you said 1350 on the es was coming and now you're saying another 1 or 2 years bull left?i assure you this bull is coming to an end.what few want to admit is this is not an interest rate problem we have so the fed lowering rates means jack in the long run.
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Not meaning to hijack this altercation, but who the hell cares? FWIW, I agree with you john12. But in the mean time (at least for the last 2 days, LOL) being a bull was correct. Maybe tomorrow will be end of days. Maybe 3 months, maybe 5 years.

Trade to make money, not to be right.
Osorico :)
 
all the fun is gone...simply over....what a shame...maybe the 10 rule will work tomorrow...let me ride forever passing on huge pts to try a 2 pt counter trend...that might be the smart one....try it u might like it....:p
 
just hitting the sack... not going to get much sleep tonight. Market looks like its just about to break below yesterdays low. If we open below this pivot I will be playing the short side in a big way tomorrow. Best way to play it would be to short a retest and play it with tight stops.. scalp entries and then trail it down for a 100 point winner over the next few weeks if it gets some momentum. Until then.. the bulls are still firmly in control.
 
apex really knows his stuff.I agree with him on just about everything.

there's probably a 25% chance the market goes down and retests the aug 17th low.If that happens, that will kick off a 18-24 month bull run, maybe even up to 3 years.

if it doesnt happen and we keep going higher,it signals a shorter rally of 6-9 months.One month already in the books.

timeframe for retest of aug 17 lows is 4-6 weeks from now.

blackguard
 
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