So what are you saying ?
Interesting that we went 837 to 1057
ES Journal Archive (2006 - 2008)
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So what are you saying ?
Interesting that we went 837 to 1057
As of right now it is working pretty darn good as we have fallen almost 20 from the neckline.
You gotta pay if you wanna play.
Can the IHS take us up ?
It's worth a measured risk to me.
Perhaps a reversal out of 3 am.
Can the IHS take us up ?
It's worth a measured risk to me.
Perhaps a reversal out of 3 am.
Ammo, what you wrote I do not understand. Moreover pattern like you are describing I do not see in RTH before noon at 15 min.
I know that you will not post chart so we try describe it.
Fore example we start with 3 step sell of. So you are writing that it will return by reaction up to bottom of the first step, eventually up to the top of first step, so in starting position?
And if it was 4 step sell of that it will rally through the begin so the result of whole movement will be in fact positive?
I think you would not write this exactly because it is clear nonsense but I understood this from your description bellow.
I know that you will not post chart so we try describe it.
Fore example we start with 3 step sell of. So you are writing that it will return by reaction up to bottom of the first step, eventually up to the top of first step, so in starting position?
And if it was 4 step sell of that it will rally through the begin so the result of whole movement will be in fact positive?
I think you would not write this exactly because it is clear nonsense but I understood this from your description bellow.
Keeping in mind that price is all that matters in the end...
I would be surprised and disturbed if the market broke the lows from the 12th or whenever without immediately rebounding (aside from the $650 loss I'd take on my SPY shares...). We're almost 45% off the highs now after barely one year. When things started falling apart in Japan the Nikkei bounced around for more than a year after a very similar rapid decline. Fact is I've been pretty bearish on the economy, the market and all that but ending 2008 at 60%, 70% off the highs means either the market has grossly overreacted, or we haven't even seen the beginning of the economic turmoil...
On a technical level, major support has been demonstrated north of 840. It does look like tomorrow will be a major decision day either way (or the decision will be put off to next week).
I would be surprised and disturbed if the market broke the lows from the 12th or whenever without immediately rebounding (aside from the $650 loss I'd take on my SPY shares...). We're almost 45% off the highs now after barely one year. When things started falling apart in Japan the Nikkei bounced around for more than a year after a very similar rapid decline. Fact is I've been pretty bearish on the economy, the market and all that but ending 2008 at 60%, 70% off the highs means either the market has grossly overreacted, or we haven't even seen the beginning of the economic turmoil...
On a technical level, major support has been demonstrated north of 840. It does look like tomorrow will be a major decision day either way (or the decision will be put off to next week).
Once upon a time, in a kingdom far away, a beautiful princess was born ... a princess destined by a terrible curse to prick her finger on the spindle of a spinning wheel and become Sleeping Beauty.
Then she awoke
OMG
ES limit down
10/24/2008 05:46 *DJ France's CAC-40 -10.2% At 2974.95 At 0946GMT
Dax -10%
It must be a bad dream
Then she awoke
OMG
ES limit down
10/24/2008 05:46 *DJ France's CAC-40 -10.2% At 2974.95 At 0946GMT
Dax -10%
It must be a bad dream
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