ES Journal Archive (2006 - 2008)

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Quote from Buy1Sell2:

I believe that 1200 needs to be revisited before there could be any new upward trend. A break of the low on 7/22 would suggest that test near term. I would still be bearish at 1200, but would look closely at a more extended bounce. If the low from 7/22 is not taken out, that could open the door for 1300. The key is 7/22 low.
Quite true, but haven't we been there, again and again, since the heyday of Dow 14,000. Everyone kept on convincing themselves that the market couldn't fall any further while the idiotic economists kept on believing that we ain't in a recession. 1200 or not, we going down baby!
 
if you notice 1263 high on spx and 62 on es,that could indicate that there is a huge seller at 62,could also indicate extreme bearish sentiment,which is bullish.pure opinion here but if the hedgies are in trouble they are making a lot of smaller money back with these upmoves into over bearish sentiment (jan,mar,july)and they should continue until some new bad news comes in to add another straw to the camels back,until that next straw comes in,we seem to be able to weather the present storm,boat is still floating
 
Quote from spidey:

Would have been more of a prediction either yesterday afternoon or premarket this AM

It is never too late to join the trend....

So if the market goes 10 points higher from here, than it was useless??? :)
 
Quote from Pekelo:

It is never too late to join the trend....

So if the market goes 10 points higher from here, than it was useless??? :)

If it goes lower it is. Looks like it could go lower from here, the "bounce" was off the lows. That was the "call" to be made imo
 
hey guys.

I've been away for a few days. looks like this one could fall here by this afternoon. not too many people want to ge long this market over the weekend. still very bearish sentiment in this retracement. the sky should fall by this time next week.

I've missed out this week do to my hectic schedule at the cable company. I'm just counting the days until I leave to trade full time.

have a great weekend guys

and good trading

:cool:
 
Just curious. Is anyone using QuoteTracker as a frontend for IB? If so, are you or have you in the past got an error due to "unable format field". It's got to do with large order ID and I'm not able to send any orders via QT.
 
07-25-08 07:05 AM

07-24-08 01:56 PM

07-24-08 09:07 AM



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Quote from Buy1Sell2:

Short 10 contracts 1279.50

Initial stop 1300.75
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Stop remains the same for now.
Stop remains the same for now
Stop lowered to 1293.00
Holding short into the weekend with same stop.
 
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