ES Journal Archive (2006 - 2008)

[ammo]

Quote from ammo:

on a weekly es chart if u take the oct and dec his of 07 and bring the line over ,its around 1375 so today and tommorrow could be critical,that's a major break hinting at a bull correction in a bear mrkt, that may be over, that's going on a previous assumption that the bull was over when we broke the 03 to 07 bulll trendline back in january and have retraced and were rejected 3 times and went thru it once on the last 1440 move to be rejected again

that line mentioned above from oct/dec his is closer to 1371

 

[volente_00]

Quote from Buy1Sell2:

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Quote from Buy1Sell2:

Short 10 contracts @ 1390.00
Initial stop 1413.50
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Stop lowered to 1388.00
Stop lowered to 1386.75

50 is your best case before 1468

 

[kinggyppo]

LEH down a dollar already. would keep an eye on xlf today.

 

[Buy1Sell2]

Quote from volente_00:

50 is your best case before 1468

That's possible. The weekly is very bullish. I'll keep lowering my stop for now though if given the chance.

 

[bvam1]

B1S2, how did you short @ 1390 today? Don't you mean 1380?

 

[Buy1Sell2]

Quote from bvam1:

B1S2, how did you short @ 1390 today? Don't you mean 1380?

That short was initiated yesterday

 

[Buy1Sell2]

Will look to short this bounce at some point for a day trade that would be closed MOC or before. Not ready yet, however I have entered a sell stop at 1375.50 for 1 contract short.

 

[bvam1]

Looks like downtrend 30 mins on 2 weeks chart holding. Heading back down.

 

[Lawrence Chan]

Extremely light volume ...

Edit: All data feeds lagging this morning

 

[Buy1Sell2]

Quote from Buy1Sell2:

Will look to short this bounce at some point for a day trade that would be closed MOC or before. Not ready yet, however I have entered a sell stop at 1375.50 for 1 contract short.

If I get short, the stop will be 1386.75