ES Journal Archive (2006 - 2008)

[bvam1]

we'll see if 35R holding. could be a another good short.

 

[Pekelo]

Quote from Pekelo:


IF there is a trend before the announcement, that is usually continued after the usual 5-10 pts up and down in both directions. Since we have an uptrend right now, I expect us to close higher...

I figured we gonna reach the SMA on the daily cash chart. It is now only 2-3 points away...

 

[bvam1]

Short 35.5. 2 pts stop. -----holding to close if not stopped out.

 

[smilingsynic]

Right now, the high is 37.75, not quite 38.

If this is all we're going to get (and we won't know until tomorrow this time), then the odds on play is that down we go, to under 1300.

JMHO (online opinions are often not worth the paper they're not printed on). No ES at this time.

 

[kinggyppo]

what new information has come out of the fed that is worth buying, to me this has been a sucker rally all the way up.

 

[bvam1]

What a day! Nasty fakes all over the place. How you guys doing? Nobody saying anything today...

 

[ITR2744]

usually staying on the sidelines on FOMC days... If at all, placing some trades not before 1 hour AFTER announcement.

 

[kinggyppo]

a sea of green followed by a sea of red. Big boys playing today, splash!!

 

[bvam1]

just play along...

 

[Pekelo]

Mo-Tu-We make an island reversal (downgap followed by an unfilled upgap), which is a very powerful turning of the trend indicator...