ES Journal Archive (2006 - 2008)

[smilingsynic]

Quote from wave:

All you should be concerned about is achieving your net profit stated in your plan. As long as your net positive at the eod, eom, etc, you are trading as a business.

Look up Victor Sperandeo's consistent profitability matrix.

http://books.google.com/books?id=3V...&hl=en&sa=X&oi=book_result&resnum=4&ct=result

To calculate future $$$ based on consistent probability...

http://www.verticalsolutions.com/tools/pl_forecaster_pctwins.html

 

[JSSPMK]

Quote from JSSPMK:

S1257.75 off 2 + resistance on 15, s~2, h/s+10

Scaled out 2/3 +2.25

I think I would like to be greedy with this one, letting it run for now

1/3 +14

TY Vertigo!

 

[vertigo3]

Great call, smilingsynic.
what made it so appealing as a sellzone, above the pivot and below the AH H?

Nice trade, JSSPMK.

wow, a virtual one way move.

 

[Spectre2007]

how much money on the sell side is needed to capitulate the market?

most of it will come from hedging of pension funds, as internal risk(stops) are hit.

 

[smilingsynic]

Quote from vertigo3:

Great call, smilingsynic.
what made it so appealing as a sellzone, above the pivot and below the AH H?

Yes. Two layers of resistance are better than one. And three is NOT a crowd.

 

[gwac]

If I can make one comment. Everyone is expecting some sort of capitulation. You may not get it since everyone is looking for the same thing. This has been a very orderly decline and that may continue, slow grinddown.


To add we have gone down 200 points and no panic.

 

[Spectre2007]

if the implications of peak oil are true, one way to slow oil consumption is to crash global economies.

 

[gwac]

kind of harsh and dangerous.

Quote from Spectre2007:

if the implications of peak oil are true, one way to slow oil consumption is to crash global economies.

 

[Spectre2007]

1222 target... some support there

if 38 doesn't hold...

sell sell sell and sell..

 

[gwac]

anyone have S1 for rth

Quote from Spectre2007:

1222 target... some support there..