ES Journal Archive (2006 - 2008)

[W4rl0ck]

From 09-29-08. Target met.

Quote from W4rl0ck:

If this is EW wave 3 of 3 then projects to a min around 1050. Eyeballing again.

EW'ers can correct if I'm wrong.

 

[Pekelo]

Quote from W4rl0ck:

I could easily see manana as ADU.

How about seeing today as an SDD? So far it is...Although I wouldn't be surprised if we ended in a rally instead of a LOD...

 

[Buy1Sell2]

Maintaining my short bias. I will need to see 1168 hit OR a longer term buy signal before I will start cautiously looking long.

 

[W4rl0ck]

Any questions Mr. Cramer?

Quote from newguy05:09-29-08 06:21 PM

keyword: right now

Quote from W4rl0ck:

Yeah. Chart patterns and S&R are complete BS. Just silly.

Feel free to disregard them for journal integrity purposes.

 

[W4rl0ck]

Don't know but the LOD looks pretty hard right now. Maybe a retest. Seems like the "market" is just exhausted and confused like it got caught in a riptide, managed to swim out of it and now it's looking back at the beach.

Quote from Pekelo:

How about seeing today as an SDD? So far it is...Although I wouldn't be surprised if we ended in a rally instead of a LOD...

 

[wave]

-10% today?

 

[Lawrence Chan]

Quote from W4rl0ck:

Don't know but the LOD looks pretty hard right now. Maybe a retest. Seems like the "market" is just exhausted and confused like it got caught in a riptide, managed to swim out of it and now it's looking back at the beach.

With financials having no short rule, every seller in the financials are real sellers, thus there is no new buyer created in the process as those sellers are net losing in the game.

 

[ggoyal]

what happened to that avging down fool. margin call?

or u still avg.ing down till u get one?

 

[Jahajee]

Bot 5 ES @ 1036.75

Will buy another 20 scaled in from 1030 to 1038

 

[kinggyppo]

long spy 103.28 will hold for swing no stop currently.