ES Journal Archive (2006 - 2008)

[gwac]

Scary thing is the situation better or worse than the last time it hit 770....





QUOTE]Quote from smilingsynic:

Several months ago I said 1150, but that level barely put up a fight.

They are ultimately, within the next twelve months, taking it to the bear market low of 2002,. Yes, a full retrace.

That would be right around 770 on the S&P, around a 23% additional drop from here.

900 as a short term bottom, maybe, but I would say 960 is a better guess.

Yes, I said GUESS.

1150 is now resistance.

960 to 1150 would be a 190 point move, and then 380 (190 X 2) down from there would be around 770. [/QUOTE]

 

[BoyBrutus]

Quote from BoyBrutus:

9/11 lows spx 944.75

ES 965 OMG

Dax just tore a new assh@le through 5000

 

[JSSPMK]

Quote from BoyBrutus:

ES 965 OMG

Dax just tore a new assh@le through 5000

I was also seeing a slide looking on monthly chart at the time, I don't hold for such long periods, hence only a projection of where DAX was heading in my view, another 1000 points to go ImPO.

http://www.elitetrader.com/vb/showthread.php?s=&postid=2098569#post2098569

(old chart & recent post)

 

[Jahajee]

huge rally - ES back to 998

 

[riaamaan]

Never seen anything like this before....holy cow!!!

Was watching 500 CV bars and it just went nutz from 990 to 1030 in about 30 secs and just kept going.

Like watching replay in fast forward. Makes one realize how little money they have compared to the cash that just moved that....unreal.

 

[Zodiac4u]

Quote from Jahajee:

huge rally - ES back to 998

Fed rate cut 1/2 % plus some other countries did the same.

 

[Zodiac4u]

Quote from Zodiac4u:

Fed rate cut 1/2 % plus some other countries did the same.

Be prepared, we may get the big relief rally starting today.

 

[wave]

Short back below 966.

 

[wave]

hee, hee.

 

[riaamaan]

Volatility is off the hook.