ES Journal Archive (2006 - 2008)

[elovemer]

... possible hourly TL ...

 

[JSSPMK]

USDJPY created a failure swing and declined further, if it continues declining today ES will most likely follow suit ImO.

 

[elovemer]

... sorry b1s2... this is after-the-fact.....
.... but i felt that volume gave away the reversal yesterday...

 

[elovemer]

... today ..... notice volume upon completion of rule of ten target....

 

[Wittgenstein]

Quote from apex82:



"they and them" I am referring to the market... no one directly. At least for me.

OK, nice to know. But why not we - as we are all the market, including yourself?

 

[elovemer]

.... gonna bust 50% retrace ? ....
... think so.....
...edit... this AH move is ALSO projecting 45
.... so is RSI on daily ....
... and so is IHS pattern on hourly...
.... noobs are often wrong....

 

[elovemer]

... not looking good .....
... posting from korea....

 

[elovemer]

.... 92.5 ... would confirm the bigger pattern....

 

[Spooz Top]

Quote from Wittgenstein:

Who are "they" and "them"?

they & them is always the market or more directly our competitors/opponents in the market.........that`s why it can`t be considered "we" ........opponents are our enimies NOT friends...anyone trying to take your money is an enemy,imo

that is how i see it!

 

[mbusch]

Quote from apex82:

Did you get shorty? I didnt... Wanted to wait for RTH

Not in ES, but right after I posted that note about getting short (just before NYSE RTH close), I bought 2,000 shares of SDS at 51.27. (SDS is the ProShares Double Short S&P 500 ETF which tracks -200% of $SPX.) SDS actually continued down in post-market trading to 51.15 before heading up. Last trade for SDS in the pre-market is 52.30, for about a 2% gain overnight on my $100,000. Now I've got to decide whether to liquidate all or part of this position at the open or to hold it in the anticipation of lower prices ahead. I'm leaning toward the latter -- SDS isn't really a great daytrading vehicle -- but I'll entertain suggestions.