ES Journal Archive (2006 - 2008)

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Quote from Anna K.:

:confused:
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we will crash and put the bottom.

we won't have time to rally, which means there is a possible huge gap up on open the next day.

I repeat my prediction, we CRASH like never before.
 
Quote from Pachoo:

I think we end the day red. I think the next month is going to be pure pain.
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I agree the mkt wants to crash! However I believe PPT is proping up the market. None is buying. Some profit taking on shorts but no piling on of longs here.
 
Quote from fibaddict:

we will crash and put the bottom.

we won't have time to rally, which means there is a possible huge gap up on open the next day.

I repeat my prediction, we CRASH like never before.
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Yup.

classic blow off tops and bottoms.

"V" shape recovery into the election then we retest the lows.
 
Looks like the mkt is holding here. could end positive on the day since uptrend channell is still intact on the 60 min chart. This retracement in ES is weak though. I don't see much upside conviction.
 
Quote from pulsescan:

Looks like the mkt is holding here. could end positive on the day since uptrend channell is still intact on the 60 min chart. This retracement in ES is weak though. I don't see much upside conviction.
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channell is starting to show signs of breaking down.
 
Quote from pulsescan:

Looks like the mkt is holding here. could end positive on the day
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DJIA still negative. I was hoping for a strong close for the world markets sake :)

Todays wee little candle does not instill much confidence.

wrong pic
 

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Quote from fibaddict:

we will break the lows no matter what.

I will only look to long when the lows are broken.:)

JMHO.
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Why will we break the lows?

I am not bullish at this point but markets have put in some good bottoming action today. Not pretty but this could be the base for a good rally.

Also, what bad news can we get again? Except for a few earnings surprises which most expect there may not be much bad news out there.
 
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