ES Journal Archive (2006 - 2008)

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Quote from fka:

Any news behind this abnormal move?

Just curious...


Shorting now NQ@2063
Stop 71

Target 40/30

If we keep this level til opening, I´m going to short the gap move again.

It is looking very bullish but imho there is not much room left to improve.

NQ out of Bollingers and RSI >80 on 60 min basis.

Enough for me to take a quick short




no news that I know of but perhaps nervous shorts before todays release of

durable goods, existing homes sales, crude report and last but not least beige book
 
Quote from tortoise:

What is this rule of 10? If it moves 10 points it's going to retrace? That can't be it, can it???



KISS
Don't even try to understand it if you are not a fader type trader.
 
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