ES Journal Archive (2006 - 2008)

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Thats Pekelos speciality. All Day Up.

But he can be correct. Its time for Adu after that big down move.

Crude and gold are well down so moves today needs to be "taken seriously".
 
We are down 5 points from the short entry at just before 10. Patient people should wait until the Williams hits -100 or around 11 am, whichever comes first to switch to longs....

Edit: NDX just hit -100 and SPX is very close too.... (10:20)
 
There is no such thing as PPT or market manipulation. What does exist, in abundance, are bad entries, bad exits and very poor stop placements.
 
Quote from Pekelo:

Today has a good chance to be an ADU, you know, that short at 10, long from 11 am, short again after noon and long after 1 pm til the close thingy....
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i have today as a hold day (close near prior close after ups and downs) and tomorrow as up day (close higher than open), but anything can happen.
 
Big guys reloading for the next move up, with oil falling it could be a quick move up.

long 1266.5

sl 1259

tp open

stopped

Quote from Lawrence Chan:

We had 3 rounds of selling ... but the gap holds.

Interesting!
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Quote from gwac:

Big guys reloading for the next move up, with oil falling it could be a quick move up.

long 1266.5

sl 1259

tp open
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Hum good luck, Oil now down $5.40 and the equity indexes are well off there highs also, negative AD line.
 
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