ES Journal Archive (2006 - 2008)

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Quote from pulsescan:

This is NOT a bull market.

How about this? This is a special bull market, also called the blueballed bull's market:

bluebullballs.jpg
 
Quote from Pekelo:

How about this? This is a special bull market, also called the blueballed bull's market:

bluebullballs.jpg
LMAO, I need to go down and check that out.

For the curious, pull up a chart of the monthly for the S&P 500 over a span of 10 years ... then come back here and tell everyone whether you think this is a Bull or Bear Market.

Pretty amazing, huh? Years of wealth accumulation wiped out in a matter of months ... scary stuff for the "investors"! :eek:
 
Quote from saliva:

Should have waited until ES dropped to 970.
970 is the next support, but the low 960s is the target of a measured move taken from this morning. Exercise ure own discretion. :confused:
 
Quote from Pekelo:
I got the PPT's marketplay for the next 10 days, here it is:
.....
- bounce back from SMA, down to 950-920 making 2nd bottom
....

My problem here is that one could make the argument, that today's low (SPX,972) was already the bounce low and since we pretty much finished in a Doji, that was just consolidation before further up. The NDX chart supports this argument, because it pulled back from above to the SMA and closed right on it, ready to bounce higher....

b96hch.png
 
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