ES Journal Archive (2006 - 2008)

[ggoyal]

wow, what i have noticed is that when a S/R line is broken, it has more validity when the following bar opens and closes above that line. very powerful imo.

just look at it. when lines r pierced, it does not necesaarily mean it's reversing, but when it is followed by an open and close, it has a higher chance of success

 

[Lawrence Chan]

Quote from Lawrence Chan:

2:15 miracle run again

How much this time? How about double what happened yesterday - my wild guess of course.

10 pts only again, so much for the upside strength ...

 

[MandelbrotSet]

Quote from jasonjm:

wow, its refreshing whenever I see such optimism....

this package is 100% going to pass, you are watching the equivalent of govt WWF right now.... its all fake

"we cracking down, FBI coming, we care so much about taxpayer money"

good show...... right before they pass the bill and boast about how much better they just made it

lol

and when that bill passes, I maintain we trade to 1300 on ES, before next leg down.

LOL is right.

I was at a party last Saturday and was talking to a rather pretty divorcee who had lost over 1,000 shares of Lehman stock in the debacle and a former floor trader who was now splitting his time between screen trading and catering ... and he was a really good caterer too!

 

[carson]

Long ES 1183 10pt stop

 

[Pholeuon]

They can not show any strenght in this market otherwise banks will get just half of money in bailout

Quote from Lawrence Chan:

10 pts only again, so much for the upside strength ...

 

[carson]

Quote from carson:

Long ES 1183 10pt stop

25% normal position size - will hold through overnight session if not stopped out

 

[Lawrence Chan]

Quote from Pholeuon:

They can not show any strenght in this market otherwise banks will get just half of money in bailout

Good point!

 

[kinggyppo]

Quote from kinggyppo:

I am sure you all remember when 1490 was resistance, then 1390, then 1290, then 1250, and here we are at 1230 with probable future resistance at 1190, then what. Just sayin.

 

[vertigo3]

Quote from Pholeuon:

They can not show any strenght in this market otherwise banks will get just half of money in bailout

exactly

 

[carson]

Quote from carson:

25% normal position size - will hold through overnight session if not stopped out

taking a break - working 1173 stop oco offer above the market at 1213 - good trading to all!