ES Journal Archive (2006 - 2008)

[RsX]

In my view, 1-2 more highs today would be in order before a more serious correction. I'll be going short at 1317 if they can take it up there. If not, will look for a more conservative entry in my lower zone.

 

[regal_2012]

Quote from mbusch:


When's the last time ES gapped 30+ points? That's extraordinary.

EDIT: Other than over a weekend, I mean.

last time I remember was in July of '06.That kicked off a 15 month bull run.

I think the same thing will happen now.

its the start of a new Bull Market.

 

[Pholeuon]

Today, by start European session, Eurostoxx 50 run in few seconds without any retracement from pivot to R1. Never doing something like that. Nobody can convince me that "they" did not knew.
Ok, we are all equal just some are more equal...

 

[freehouse]

Quote from avarus:

They knew this was coming today. Look at the volume pattern in the bonds yesterday, total tip off. Funny thing is, so did the system.

No wonder Bear Stearns said that they had "ample" liquidity yesterday.

 

[avarus]

Quote from Pholeuon:

Today, by start European session, Eurostoxx 50 run in few seconds without any retracement from pivot to R1. Never doing something like that. Nobody can convince me that "they" did not knew.
Ok, we are all equal just some are more equal...

Look at the pattern of volume activity in the bonds yesterday. Total tipoff, they were locked and loaded.

 

[freehouse]

Quote from Buy1Sell2:

Keeping stop above 1410. I see no reason to get long or cover just yet.

B1S2, the day you get stopped out or cover your short means that we are no longer in a bear market.

 

[ammo]

Quote from RsX:

In my view, 1-2 more highs today would be in order before a more serious correction. I'll be going short at 1317 if they can take it up there. If not, will look for a more conservative entry in my lower zone.

if we dont get to 1317 that means this sandbag wont hold either, it also means that someones , or sometwos or threes,margin calls, and there liquidation to meet that call, is huge

 

[avarus]

There is a very valid reason they stopped it 3 pts of 1312.

 

[trackstar]

no wonder no one was selling more the past 2 days.

 

[Pekelo]

Quote from Buy1Sell2:

Keeping stop above 1410.

That would be like a 125 or so points stop loss. I know you count this as the same trade, but it isn't.

I say we will close last Wendesday's close downgap from 1335 in the next 5 days...

P.S.: Rollover is an accounting trick.