ES Journal Archive (2006 - 2008)

[saliva]

Quote from mazaltov:

Looking to get short 1212-1220 zone.

Goverment really needs to prop this thing today or there will be a free fall.

Feeling bad about investors etc. Hopefully they rally it. PPT where art thou?

It ain't gonna happen because if what you say is true, it should have already happened. We're in some seriously vicious downward cycle.

 

[Pholeuon]

I have the same feeling.
If I will be PPT - and have enough power - to calm everything i will close this misery not bellow 900 /looking at last rallies I need just 5 minutes prior close/.

Big question is if there is enough power to do it. If will selloff start prior close nobody will stop it. Everybody remembers what started Friday after 700B bailout.

Quote from mazaltov:

Looking to get short 1212-1220 zone.

Goverment really needs to prop this thing today or there will be a free fall.

Feeling bad about investors etc. Hopefully they rally it. PPT where art thou?

 

[startraitor]

I thought we weren't talking about the ppt.

 

[mazaltov]

Here we go. This zone is critical.

 

[mazaltov]

Short 1211. Stop around 1218 or so.

Target 1190 or so.

 

[trackstar]

Quote from mazaltov:

Short 1211. Stop around 1218 or so.

Target 1190 or so.

I'm loving that failed rally. Stop moved from HOD to 1216.75

**adding to position soon***

 

[gobar]

any one h& S pattern on 5 min chart

?

just making sure..

 

[Lawrence Chan]

As I said, continuation sellers are targeted ... could be a very profitable strategy if you can move the market 2 to 3 points at a time.

That breakout upside from 74 illustrated the point.

 

[trackstar]

Quote from gobar:

any one h& S pattern on 5 min chart

?

just making sure..

potential DB on Nq scares me more than that.

Whew. Glad thats over

 

[Lawrence Chan]

ES still holding its 50% level of the day

Edit: Cleared!