ES Journal Archive (2006 - 2008)

[volente_00]

Quote from rc5781:

1974 and 2000 crashes were almost exactly -50%

so 777 is realistic....

At this rate, 12 more days of trading and we reach 0.

 

[JSSPMK]

I look at the daily chart & I don't see any possibility of proper upside, the chart is just way too bearish ImPO, dead cat bounce perhaps, but reversal no way Jose. If banks are shit scared to do business with each other right now, than what are we to expect from investors? Too much doom & gloom, price needs to stabilise & we have to see strengthening/basing period. I am aware that some best investment opportunities suffice when everybody is selling, but personally I would prefer to wait out this chaos.

 

[fseitun]

Quote from regal_2012:

also,shut down for 2 weeks after 911

I believe it was shut down during WWII also.

from what Im hearing,I would say its an 80-85% chance they shut it down within the next 2 weeks.this weekend offers them a golden opportunity to get started.

if they shut it down i'll take it as a warning sign of an imminent war.

i am starting to get worried because a friend of mine is almost 100% certain of a world war III in the makings.

Not that I believe him, but the parallels with 1929 are many.

 

[Anna K.]

Quote from fseitun:

if they shut it down i'll take it as a warning sign of an imminent war.

i am starting to get worried because a friend of mine is almost 100% certain of a world war III in the makings.

Not that I believe him, but the parallels with 1929 are many.

because of people like this the markets are so irrational and full of fear.

if you think the WW III is coming then you should just leave this forum and go build yourself a bunker you can hide until the nuclear strike is over...oh yeh, go buy some gold coins too.

 

[JSSPMK]

Quote from fseitun:

if they shut it down i'll take it as a warning sign of an imminent war.

i am starting to get worried because a friend of mine is almost 100% certain of a world war III in the makings.

Not that I believe him, but the parallels with 1929 are many.

I think so too, empires don't go down without a fight. The only thing which doesn't fit the bill is that people do not struggle at the moment to make a living, life in general is good. People need to be pushed into a corner, otherwise a hell of a provocation is required to start a WW, like Pearl Harbour. Up to now mankind hasn't managed to preserve peace eternally, we always had wars & probably always will.

 

[Bigpipn]

Quote from fseitun:

if they shut it down i'll take it as a warning sign of an imminent war.

i am starting to get worried because a friend of mine is almost 100% certain of a world war III in the makings.

Not that I believe him, but the parallels with 1929 are many.

I have a buddy who has similar beliefs. He almost has me convinced. Russia will not go down without a fight. I can easily see a major US city get nuked. I certainly hope I'm not alive to see it happen.

 

[JSSPMK]

Daily chart on metals, specifically Gold & Silver, suggests upside bounce, Silver's chart looks book perfect (ie potential inversed H&S, histo & MACD strong bounce pattern, price at low fib basing on monthly). Where does the cash flow into right now? Stocks no, real estate no, oil no. Metals do look good at the moment ImPO.

 

[opt789]

What are the margin requirements going to be for an ES now that we can move 100 points in a day, and we just went down 30 points in a few minutes?

 

[Lawrence Chan]

When panic meets liquidation, thats what we get here.

Remember - if you tries to pick a bottom here, have enough margin of 100 to 150 ES pts swing to deal with the volatility until things settle.

 

[fluttrader]

Quote from pulsescan:

close the market for 3 months? That has NEVER happened in U.S. history. No chance! The markets are to important for that. Now if the dow loses 30% in one day.....well thats a different story.

Mokwit claims that US markets have been closed for years during WW2 ?!