ES Journal Archive (2006 - 2008)

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Did well on the NQ long selling at 70 80 and 84 then stopping out aprox break even on balance. Was looking for the 88 reversal breakout but it just did not have the balls to take it.

This OEX price action is too nasty for me calling it a week before I get hurt.

Have a good long weekend guys.

Anek
 
Quote from kinggyppo:

Have a look at this chart and tell me what is wrong with your statement. Hint Bearish engulfing candle.

I see an oversold market ready to come back to new highs and exceed those highs and roar on to ES 2000. that about 30% from here.

a market can rise 30% in a year cant it?

very bulli$h here.

blackguard
 
Let's review. Over the last couple weeks Paulson, Bernanke, and Bush have all come on TV and made announcements that things are bad, they are getting worse, and there is just not much good news out there. Then they follow that by doing absolutely nothing, they imply something will be done at some point, but no action is actually taken. What do think the market is going to do?
 
Quote from opt789:

Let's review. Over the last couple weeks Paulson, Bernanke, and Bush have all come on TV and made announcements that things are bad, they are getting worse, and there is just not much good news out there. Then they follow that by doing absolutely nothing, they imply something will be done at some point, but no action is actually taken. What do think the market is going to do?

the market is not really being stimulated..

its oneway to curtail and destroy commodity technicals.. and abate future inflation..

as stock market rises..

oil...and others will rise with it.
 
:)

trendlines and MA's + volatility...

= a goldmine.

stops in place..

done for the day.

everyone have a great weekend.

I tried contacting Camtasia Studio to recover 2 hrs from the video..

no response yet..
 

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Weak longs are being cleaned out and are throwing in the towel. 35 points of digging lower, lower, and lower. Intraday chart is a series of steps, down, down, down.

Measured move suggests the carnage may stop/pause at 1311. Looking for a Wyckoff spring, which would suggest supply has been exhausted. That will be time to sell remaining puts and flip.

Caveat emptor.
 
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