ES Journal Archive (2006 - 2008)

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Quote from kinggyppo:

Two guys are taking a pee off a bridge, one says to the other, this water's cold. Yeah the other resonds, and deep. :)

Lighten up already!

Not happening.......if you pay attention.......he`s the ultimate fade.

if you don`t like it.....,don` read it & don`t profit from it!

but get used to it.
 
I am surprized that any of you expects some kind of big movement BEFORE the FOMC. It is almost always flat, boring action. Yesterday we got an 8 pts range sideways to the upside, today neutralizing it we will get a sideways to the downside. Compared to the Friday's close we shall close flat.

Now if anybody is taking a longer term position before the anouncement, he is not using TA but betting on Ben's action and the market's reaction to that.

FOMC aside we could pull back to the SMA 9 on the daily (about 14 points below), but I still expect the uptrend to stay intact....
 
Quote from Pekelo:

I am surprized that any of you expects some kind of big movement BEFORE the FOMC. It is almost always flat, boring action. Yesterday we got an 8 pts range sideways to the upside, today neutralizing it we will get a sideways to the downside. Compared to the Friday's close we shall close flat.

Now if anybody is taking a longer term position before the anouncement, he is not using TA but betting on Ben's action and the market's reaction to that.

FOMC aside we could pull back to the SMA 9 on the daily (about 14 points below), but I still expect the uptrend to stay intact....

to each his own... I dont ever base any of my trades on big ben... just TA. I definately dont ever tell the market how its going to close as well... good luck with that
 
Been reading the rants and rages here lately. I've learned a lot about myself and who I am and who I don't want to be. Find balance within yourselves (drink tea and eat dark chocolate).

Move away from the dark side, much better life. It's clear Buy1sell2 has found his balance based on his replies to the antagonists in this thread. Find peace and balance within yourselves and make society a better place for all of us.

There are many ways to trade and invest. We are all equal in the end. Make love not war.
 
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