ES Journal Archive (2006 - 2008)

[volente_00]

Quote from smilingsynic:

On the day after strong market drops (and today would fit that definition), the market tends on average ("average" meaning both mean and median) to retrace a little over 50% of the prior day's decline.

With a little influence, I think 1350-1360 cash could be seen tomorrow. whether it holds is another story though.

 

[ammo]

connect 2/08/04 and 5/07/06 dow tops and u find todays bottom which led to a bounce

 

[princessa]

volume is up, so maybe today is capitulation, joeyata.

we shall see....

 

[smilingsynic]

Quote from volente_00:

With a little influence, I think 1350-1360 cash could be seen tomorrow. whether it holds is another story though.

On the ES, a 50% retracement would only be 1358.

Near term resistance on the ES is 1368.50.

The system for the S&P that I discussed earlier this afternoon has a sell signal for the ES at 1368.25.

 

[volente_00]

Quote from smilingsynic:

On the ES, a 50% retracement would only be 1358.

Near term resistance on the ES is 1368.50.

Convert those to cash and you get close to what i just posted.

 

[Spectre2007]

breached...

 

[apex82]

If only I bought the market everyday this week after the close... jeez..

Im waiting to see if we can get a doji on the weeklies next week. Im starting to turn more bull by the minute and weary of my nasdaq short. If we can hold this area for a few days and start breaking to the upside I would say pretty good odds for new all time highs in the spx.

Id like to break lower because a lot more money can be made in a bear market.. at least for me. But you dont always get what ya wish for.

 

[sweepthebook]

so i watched spectre's last video from the 15thish...i don't get it, he whips 50 lots in the ES around in simulator mode with some hard core techno blaring in the background...

...what is the point of them?

 

[kinggyppo]

es

 

[Dean80]

I am amazed the HSI and Nikkei are positive. It's still early but surprised they are up.