ES Journal Archive (2006 - 2008)

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If 74 gets beaten we're in another impulse wave in the bear to wipe out 1200.

News, numbers, intermarket manipulation, you can't fight where the market, itself, wants to correct.

You all shouldn't have forgotten where the FED's fiddling with the interest rates to create the last bounce in March got us.
 
It looks to me that majority including me is swing term bullish and longer term bearish.
This is very dangerous because big boys always try use us small like "Kanonenfutter".
 
Quote from Lawrence Chan:

R1 (RTH only) is very far away 91-92 ...

Yes, but the market tested S1 and failed. At least there will be an effort to go for R1.

That said, I took today off (thought I earned it after this month--best month ever, in terms of profit factor). Spending the day playing with my kids and keeping a laptop on to check on the play-by-play.

EDIT: The high for July is 91.25, right by R1, which I has as being 92. Bullseye.

Gotta get by 85 first.
 
Quote from Pholeuon:

It looks to me that majority including me is swing term bullish and longer term bearish.
This is very dangerous because big boys always try use us small like "Kanonenfutter".

Yes, the drop you see from 11:00 and then 12:00 are sell programs. Each 10 to 15 minutes long.
 
We will see. If therer is willen take the market up in next days NQ needs break 1880 and keep there and continue tomorrow or needs park somewhere around 75 and taken tomorrow this resistance on "good" numbers.

Otherwise I believe we will turn down for next few days.
 
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