ES Journal Archive (2006 - 2008)

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we got the oil close we wanted now watch es.

Quote from gwac:

oil losing ground with 10 minutes to go....before the pits close.

if oil can close down 4 or more that should give us what we need to get into the mid 60`s before es closes.

JMO
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That is how fortunes are made and lost. Some fat tails are easier to predict than the % associated with them.

Quote from kinggyppo:

Don't underestimate the power of fat tailed events both good and bad, BSC would be a recent example.
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Quote from gwac:

oil losing ground with 10 minutes to go....before the pits close.

if oil can close down 4 or more that should give us what we need to get into the mid 60`s before es closes.

JMO
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good call es reversed right at 1265.
 
King this could go a lot higher.


$ and oil are big right now. Watch both of these over the next week.

I like the nasdaq, companies have done a great job guiding lower so the surprise over the next couple of months is to the up side.
 
75 area should offer resistance, that area has seen congestion over and over.....


Quote from smilingsynic:

Quote from Pekelo:

So far, so good.... [/QUOTE

The two lines of resistance at 68-68.25 did not offer much resistance.
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Quote from gwac:

75 area should offer resistance, that area has seen congestion over and over.....
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74.75 is R2. Liquidated long positions in stocks and etfs bot last week. NO short in ES--intraday positions put on against the trend during the last hour are just asking for it.
 
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