ES Journal Archive (2006 - 2008)
- Thread starter Buy1Sell2
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Sure enough, by this morning we are modestly in the green (+9)*, gap closed. Strike one more for the rule.
OK, I see your problem.Since the ES moves continuously, when it moved into the red, I assumed had it stayed there, it would create a gap for the SPX.So strictly speaking it is not a gap, but you see my point. When we were around 890 pretty much right after the close or below we were -13 or so in the red, that is a downgap short of. That was a no brainer long, according to the 2nd gap rule.
*Funny, but nowadays 9 points is a modest move...
5 stages of grief...
http://en.wikipedia.org/wiki/Five_Stages_of_Grief
..these stages are very market appropriate.
The stages are:
Denial:
Example - "I feel fine."; "This can't be happening."'Not to me!"
Anger:
Example - "Why me? It's not fair!" "NO! NO! How can you accept this!"
Bargaining:
Example - "Just let me live to see my children graduate."; "I'll do anything, can't you stretch it out? A few more years."
Depression:
Example - "I'm so sad, why bother with anything?"; "I'm going to die . . . What's the point?"
Acceptance:
Example - "It's going to be OK."; "I can't fight it, I may as well prepare for it."
...what stage do you think we are at, and which stage is the longest...
http://en.wikipedia.org/wiki/Five_Stages_of_Grief
..these stages are very market appropriate.
The stages are:
Denial:
Example - "I feel fine."; "This can't be happening."'Not to me!"
Anger:
Example - "Why me? It's not fair!" "NO! NO! How can you accept this!"
Bargaining:
Example - "Just let me live to see my children graduate."; "I'll do anything, can't you stretch it out? A few more years."
Depression:
Example - "I'm so sad, why bother with anything?"; "I'm going to die . . . What's the point?"
Acceptance:
Example - "It's going to be OK."; "I can't fight it, I may as well prepare for it."
...what stage do you think we are at, and which stage is the longest...
Spec,
Your post on 5 stages of grief reminded me of an episode of Simpsons that Homer ate some Fugu (blowfish) and thought that he's dying
Your post on 5 stages of grief reminded me of an episode of Simpsons that Homer ate some Fugu (blowfish) and thought that he's dying
Quote from Lawrence Chan:
Spec,
Your post on 5 stages of grief reminded me of an episode of Simpsons that Homer ate some Fugu (blowfish) and thought that he's dying
For a minute there I thought Spec was Hershey. The 5 stages of grief reminded me of something Jack Hershey would say.
Short 930, 3 pt stop,
Exit 926 on 1 stop be on 2.
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