ES Journal Archive (2006 - 2008)

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... target of diamond is still 1398.75 ES ... and still looking good

....... wow..... Elliott was a smart guy
Quote from elovemer:
....once again... according to wave theory... rising wedge when part of 5th of 5th ... sometimes heralds change of the bigger trend....

.... any of yous looking to short gold and euro ?
 
Quote from apex82:

looking to get shorty in the 1450's with a tight stop to ride down to retest and possibly new lows tomorrow.
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just got a small position short at 1450.25

stop 1454.50

first target 1540
second target new lows
 
Quote from elovemer:

... target of diamond is still 1398.75 ES ... and still looking good

....... wow..... Elliott was a smart guy
Quote from elovemer:
....once again... according to wave theory... rising wedge when part of 5th of 5th ... sometimes heralds change of the bigger trend....

.... any of yous looking to short gold and euro ?
More...

funny you bring that up... just looking at getting short gold very,very soon.
 
.... watch the 4 hour..... that is where the nice sell signal appeared for the last high.....
Quote from apex82:
funny you bring that up... just looking at getting short gold very,very soon.
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Quote from BoyBrutus:

I saw the wyckoff spring on the multi-day down trend line, but this leg has no volume :confused:
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responding to two of your posts.

couldn't find the one where you talk about yhoo, goog, rimm, etc. hitting support levels, but i am a buyer of rimm and aapl at these levels. looking for a bounce but prepared to take some heat.

also have my trigger finger poised to buy sds when es hits slightly higher levels from the dead cat bounce....

with regard to the post quoted above, what is a wyckoff spring? i see you and synic talking about this frequently, but i haven't come across it in my reading. if you would be so kind as to explain, it would be appreciated.
 
Quote from princessa:

what is a wyckoff spring? i see you and synic talking about this frequently, but i haven't come across it in my reading. if you would be so kind as to explain, it would be appreciated.
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http://bigpicture.typepad.com/comments/2004/05/wyckoff_spring.html

"....action could be part of a so-called Wyckoff spring, which occurs when a market average (or stock) falls below its trading range, makes a new "panic low" and then "springs" back into its previous range."
 
Quote from princessa:

what is a wyckoff spring?
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You will see a prime example during this week.








Quote from volente_00:

Current option interest points to 1440 - 1480+ some time this week. A spring can only compress so far before it pops you in face.
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volente,
aren't you the poster who talks about the Tdays (Tues&Thurs)?

Is it your observation that IF RTH opens down, that at some point during the day there will (usually) be positive prints.

Do I have it right?

Are there any observations for Tdays when price opens higher (like today)?

Reminder: this is option expiration week and often bulls(long calls) or bears(long puts) will each get screwed. Yesterday might have been the day the bulls got screwed. today, bears have to give it up?
 
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