ES Journal Archive (2006 - 2008)

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Quote from vertigo3:

Spectre
do you care to offer just a little bit of commentary as to why you think price has to break lower (I am assuming in the short-term, like sometime in the next 2 weeks)

is it just your view of the chart.
I think price has to go a little higher 1340 before anything more than a retest of 1309 can unfold.
(these opinions subject to change without notice:p
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the biggest enemy of the market is time, when a explosion occurs and devastation is widescale, it takes a bit of time to estimate the damage, but imagine a slow motion explosion of equal devastation, and thats what the economy has endured, and thats why the FED was caught off guard, its effects were just rippling through, ...

so reconstruction takes time, but you can't reconstruct in the midst of the storm, and people are still holed up in their storm shelters mentally and financially...

when a macro inflection occurs, time pushes prices relentlessly in one direction with ebb n flow...and thats all the market is doing ebbing n flowing with the macro tide of devastation.
 
very nice analysis of what is going on!

Quote from Spectre2007:

the biggest enemy of the market is time, when a explosion occurs and devastation is widescale, it takes a bit of time to estimate the damage, but imagine a slow motion explosion of equal devastation, and thats what the economy has endured, and thats why the FED was caught off guard, its effects were just rippling through, ...

so reconstruction takes time, but you can't reconstruct in the midst of the storm, and people are still holed up in their storm shelters mentally and financially...

when a macro inflection occurs, time pushes prices relentlessly in one direction with ebb n flow...and thats all the market is doing ebbing n flowing with the macro tide of devastation.
More...
 
if dummy corporations can be created, and drugs funneled and sold on the streets by people who are elected to protect us, just imagine the evil that prevails in the highest echelons of society.

imagine printing 100 billion in funds and creating dummy corporations, and funneling in the money from offshore in the guise of 'hedge funds'...

to behaviorally modify price action, to suit your agenda...
 
..looks like 26 [ HOD ] should come into play

rule of 10 area too!

I 'm taken 8 -- leaving the rest on the plate

10:30 reversal coming onto play now ?
 
market has a chance to put in a triple top on the vix and break the trendy for a extended run up in equities, but with another attempt at upper resistance that probability scenario is less, so vix is wedging to blow its top above that upper resistance line above 30...
 

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