ES Journal Archive (2006 - 2008)

[bvam1]

Spike down just around the corner. Ups and downs are healthy to this rally.

 

[bvam1]

1470 this week? I think you should hire another analyst.

 

[Kovacs]

Short 1356.00

Stop at 1357.50
Profit at 1353.00

 

[princessa]

Quote from bvam1:

1470 this week? I think you should hire another analyst.

we shall see....

it's only wednesday and we're already up 20 points today, only 15 points from my target.

but i couldn't care less if you believe it. i only post it to keep myself honest, with my own analysis.

 

[Kovacs]

Quote from Kovacs:

Short 1356.00

Stop at 1357.50
Profit at 1353.00

Stopped out.

 

[bvam1]

I think you meant to say 1370...

 

[princessa]

Quote from bvam1:

I think you meant to say 1370...

oops! ya, i just caught that.

1370 is what i meant....

 

[Pholeuon]

Very carefully with shorting. We are that oberbought that it looks that we must fall from cliff every minute. But on 1st April thay show us that they can run up whole day on 95 stochastic and 80 RSI - if you have unlimited money ....

I think 1370 we can book today. But 1470 - even PPT can not push us there.

 

[bvam1]

That's more reasonable

But I seriously doubt it'll make it that far. Friday will be a sell off. This is a manipulative rally.

 

[Lawrence Chan]

The reason I have doubt if we can repeat history today (gap not fill and running straight up in the afternoon) is that the higher time frame moving averages are lined up right above from here mid-50 to 80.

Like what B1S2 says, the long term trend is still down.

May not be for long though.