ES Journal Archive (2006 - 2008)

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Quote from gwac:

Lawerence

Gap is getting closer by the minute, going to take a lot of work but you never know...
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remember most 'smart' money was short, and 'dumb' money was on the otherside of the trade...

on OE, the market will go as close to possible to make the 'smart' money 'whole'...

watch for some political infighting... to start the whole process again..it never fails.
 
Quote from Spectre2007:

remember most 'smart' money was short, and 'dumb' money was on the otherside of the trade...

on OE, the market will go as close to possible to make the 'smart' money 'whole'...
More...

time heals all wounds.
 
I do not think so either but if anyone thinks this over its not, I think shorts will continue to grind this lower, shorts went wrong in all out assault. If they would have just continue the grind they woul not have been punished....

Quote from Lawrence Chan:

I am not sure the gap will close today. Not as sure as Spec :)
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Quote from stella:

where would the gap be? 1218?
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market profile is working in increments of 2's/// 1202.//1212//1222//1232//1242....

1202 is the support..

monday if a double bottom is engineered.. will be a gap down day.

insti's wont cover shorts unless they have to, since supply will be scarce post oct 2nd.. for new reinstatements.. they will hedge out in other derivatives.
 
downward trendline slopes flattening out near congestion zone...1232-42...

get long for a break up.. if it fails to break this zone.

hold till close...

11:30 and 2:30 critical time points.. for signals.
 
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