ES Journal Archive (2006 - 2008)

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Quote from Buy1Sell2:

yes. :)

looking for much higher prices.

same here.

still a 20% chance of a retest of the Aug 17th low, but that chance grows slimmer by the day.

I expect a rangebound consolidation the next week or so, then higher prices.

blackguard
 
maintaining original short but covered some from 40.75 friday sell off the sunday night IHS off the 5 min......continuing to "roll my range"......buy stop on the rest from 40.75 are at even.....not including original sell.

getting interesting here as bulls seem strong on thin volume AH but don`t do much during RTH....if we move over 44,i`ll be looking very closely at the close for an OVB on the daily.
keeping a short on the hi`s is difficult as games will be played & shakeouts will occur but once they "steal the move" & drive it down...there will be no place to get on board conservatively on a position basis.
 

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watch for washout sale day in indexes, the last vesteges, of bulls have to washout before the indexes can move higher..

1505-10 is a nice support area.
 
Quote from apex82:

got my 3 pt stop out on friday... as with most bear phases they bounce a bit before getting started. Got orders to get short from 1537-1538.50 traded with a 3 pt stop still going for 100+ points. I have a small position short as of now but waiting to get the bulk of my postion on a bounce so I can keep the risk lower.

Good trading....

Presently short from the prices stated above.......... Lets see what this market can do.

welcome back mbusch
 
Well, we have been going downtown since the day after the FOMC rip.

Little bull-washing, weak hands, etc. Distribution!

I like the 1508 number.
 
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