ES Journal Archive (2006 - 2008)

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thx for the info opt. I dont watch CNBC so always nice to hear reasons for explosive moves.


Looking at this 1486.50-1487.50 area for a possible reversal zone.

Will wait for cofirmation.

Filled short at 1486 2pt stop

first target 1482

second target 1476 area

a break below prior 5 min bar would serve as more confirmation.
 
Quote from opt789:

Um, not really sure what you guys watch, but the selloff that started at just before 1pm was from that headline. Take a look at the stocks of MBI and ABK. Stocks don't fall 20% in 1 minute because some arbitrary reading of overbought was hit. The NY subpoenas news was out much earlier. No big deal, I won't post info anymore.
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Yep you be correct. Feel free to post what you like I like all opinions.
 

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Quote from apex82:



Looking at this 1486.50-1487.50 area for a possible reversal zone.

Will wait for cofirmation.

Filled short at 1486 2pt stop

first target 1482

second target 1476 area

a break below prior 5 min bar would serve as more confirmation.
More...

first target hit and filled at 1482

+4
stop moved to BE

trailing for 1476 expect a bounce here
 
Quote from apex82:

thx for the info opt. I dont watch CNBC so always nice to hear reasons for explosive moves.


Looking at this 1486.50-1487.50 area for a possible reversal zone.

Will wait for cofirmation.

Filled short at 1486 2pt stop

first target 1482

second target 1476 area

a break below prior 5 min bar would serve as more confirmation.
More...

that was a nice read on PA ,man!
 
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