ES Journal Archive (2006 - 2008)

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Isn't 44 an arbitrary place to start counting the rule of 10?

Why not start from 1442 where Globex opened on Sunday or closed on Friday more or less which makes 1452 the supposed short entry?
 
Quote from optioncoach:

Isn't 44 an arbitrary place to start counting the rule of 10?

Why not start from 1442 where Globex opened on Sunday or closed on Friday more or less which makes 1452 the supposed short entry?
More...
I think vol's analysis is, ahem, highly sound. But I don't think it'll slide back down to 1444 as suggested. It'll likely bump into resistance at around 1447.50
 
Quote from optioncoach:

Isn't 44 an arbitrary place to start counting the rule of 10?

Why not start from 1442 where Globex opened on Sunday or closed on Friday more or less which makes 1452 the supposed short entry?
More...



nope, 10 points over friday's high



:)
 
Quote from saliva:

I think vol's analysis is, ahem, highly sound. But I don't think it'll slide back down to 1444 as suggested. It'll likely bump into resistance at around 1447.50
More...


You were saying ?



:D
 
I wish Spectre2007 would come back as well. He knows his stuff. I miss his macro views. Had some free time these days and read lots of ET threads and T2W threads. I actually read Jack Hershey stuff as well. Damn guy nearly laid out the Holy Grail here on ET if you understand what he is saying. Spectre2007, I thought I was reading my notes when reading your posts. Great work man. I was wrong about you.

Best
 
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