ES Journal Archive (2006 - 2008)

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Quote from BoyBrutus:

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


10:28 Ex 1/4 add 1181 +5.25 nq not moving
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10:46 Exit last 1171.25 +.25

looks like a double bottom :mad:
 
Quote from wave:

Target today is 1212.

Quote from saliva:

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.
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If this crystal ball is anything of value, we will likely see the low at or near 1150, as already noted at the close yesterday.
 
One thing that I do "fear" in this environment is not the danger of writedowns but the real possibility for these companies to cook up the books. Into this cocktail also includes the economic numbers by the government. They all become crooks in my mind.
 
Quote from tommymoose:

Heres an SPX weekly chart.

Y
From a long-term investment perspective, I'll refrain from jumping the gun and trying to get long here... a smart (and lurking) trader that used to post here said something smart to me just a little while ago... "bottoms aren't an event, they're a process". Its not worth getting steamrolled trying to catch it the first time when you can get in on a retrace to the "bottom". It'll take some time.
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agreed, but...i'm super curious. can you tell me who the smart and lurking trader is? pm me, if you want.:)
 
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