ES Journal Archive (2006 - 2008)

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Quote from Spectre2007:

if you look at the daily...shows some near term targets.

as time passes, the trendlines migrate down...around 1460 is the first test, by the time market approaches that level, the macro stimulative effects will start being felt....

thus portfolio managers will frontrun the FED cycle, expecting the economy to resume...its growth.

if stimulative effects are witnessed, then we break the trendline and head to 1600 and higher..

if not then we reverse.
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Forget it Spec no one is listening, there are no bulls left.
Even Cutten (early bulls) seems to have thrown in the towel.
 
Quote from apex82:

if they break it to new lows again... im gonna lose it
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Truly a no win situation. I know I want to be short but I also know they most likely will push it up into the close.

Most likely I'll get barely stopped out and then have it tank 40 points if I get in now.
 
Frustrating day for me also. Nearly given back my morning gains due to hoping for the big move either up or down.

Also, left so much $$$$$$$$$ on the table not scaling out hoping for the big move.

Think im going to call it a day soon. I need be more patient.
 
Quote from pkts:

Truly a no win situation. I know I want to be short but I also know they most likely will push it up into the close.

Most likely I'll get barely stopped out and then have it tank 40 points if I get in now.
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yep.. i hear ya...
 
Quote from BoyBrutus:

Forget it Spec no one is listening, there are no bulls left.
Even Cutten (early bulls) seems to have thrown in the towel.
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all timeframes trade the same, the dynamics hold regarding support/resistance, trendlines, MA's...

thus when looking at a chart, it doesn't matter the timeframe, the 5 minute trades similar to the daily, its just slow motion....

:)
 
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