ES Journal Archive (2006 - 2008)

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Quote from Spectre2007:

checkout the retailors... sears....basically if the market was rescued yesterday, the retailor news...would have led to new lows.

Personally, I haven't bought something from Sears in years. Across the board, retailers are revising downwards. The real tell is insider sales, don't know if they are unloading ala Muzillo at the top.

I liked your viewpoint that the major players gunned the markets, effectively spiking the shorts into capitulation, and just maybe....positioning themselves short in the euphoria for the next leg down?
 
Quote from avarus:

I wonder how many bought the pipeline explosion. Too coincidental if you ask me.

Oil moves on every little happening in its industry, talk about volatile..I got smacked once on a narrow range day when price suddenly spiked up, and then proceeded to imitate climbing stairs on the chart...over $2...within a minute. Two minutes later, heard there was a fire at a refinery.
 
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