ES Journal Archive (2006 - 2008)

Status
Not open for further replies.
Quote from wave:

Target today is 1212.
More...
I dunno about that. I think we might have already hit the top. My crystal ball had the high near 1185. Of course, I could be wrong.
 
Quote from vertigo3:

07-16-08 07:00 AM

making predictions is difficult...especially about the future.

In a former life, I produced historical statistical reports out the
wazoo. I no longer have these reports. But one thing I do remember is
that since 1978, anytime the number of new lows divided by the issues
traded was over 30%, the next day (today) has had a positive close,
everytime. Yesterday's decline created a reading above 30%.

will it happen again this time? I don't know and neither do you.

I will be looking to get long.

Why only since 1978? 1978 was the first year that the NYSE started
calculating New 52 week Lows on a rolling 52 week lookback basis.

"Markets are never wrong; opinions are." -J. L. Livermore


vertigo3
More...

Yesterday's bloodbath reminded me of this post. I think we were well over 30% so today could be green at the closing bell, we will see.
 
Quote from Lawrence Chan:

Quad expiration may affect the outcome these 2 days.
More...
They'll merely bankroll their accounts from the front month to the back month, so I doubt there will be anything earth shattering to the contrary. But, like you said, we shall see.
 
Quote from BoyBrutus:

Quote from BoyBrutus:

/L 1171 2pt stop

9:53 stp to be

9:54 ex 1/2 1177.5 +6.5



"Possible gap and run day, may look to buy the first pulback" we need a bush rally!

10:02 ex 1/4 1187 +16
10:23 add 1/4 1175.75 1 pt stop
More...

10:28 Ex 1/4 add 1181 +5.25 nq not moving
 
Status
Not open for further replies.
Back
Top