ES Journal Archive (2006 - 2008)

[avarus]

1200 still out there as target for shortside.

 

[avarus]

Had they not taken out the stops, we would have setup for a further breakout to the upside. Games they play.

 

[mbusch]

Quote from avarus:

I have a short-term target here of 1312 for longs.

Quote from avarus:

1200 still out there as target for shortside.

I'm having difficulty reconciling those two posts. Can you clarify please?

 

['81packer]

...this 42 area is a battle line

1358
1342 ..short here..looking for 34
1334.... if - gap closed then BIG decision
-- Reverse and Lift ? or Continue Down ?

..let's see
(while I was typing this- market started to move looking good)

 

[avarus]

Quote from mbusch:

I'm having difficulty reconciling those two posts. Can you clarify please?

Yes, they would take it to 1312+ on that day, take it down one more time (we got to 1250, I was pushing for 1200) and that a new bull position should be built after the push down. Played out like I wrote the script.

Now we took out the 1343 stops. Nada for the bulls now. Had we turned down before taking out 1343 we would have busted out to new highs.

 

[Spooz Top]

those are interesting 15/30 min bars off the open......let`s see if they mark the swing hi of this move..

 

[avarus]

Nothing changes MB, nothing changes, only the players.

After 50,000 hours you don't even have to know what you are trading, the patterns are all the same.

 

[avarus]

Major commodities selloff being built, already started.

 

[avarus]

Notice the short memories of the media. Everything is bleak again.

 

[avarus]

This could be the one to take us down to 1200.