ES Journal Archive (2006 - 2008)

[startraitor]

Just like that! That move came off a low established during rth and the day closed 14 pts off the high and on 50% more volume.

Today's move started overnight in foreign markets on what I suspect was massive worldwide intervention. A 30 pt retracment would be nothing on that move nor would a 40 pt continuation. Going into fed I would put better odds on the former.

Just trying to make myself feel better fwiw, no argument intended.

Quote from BoyBrutus:

Maybe like the retracement on 091908/091908

GL

 

[BoyBrutus]

10/28/2008 15:59 *DJ DJIA Up 10.4%, One Of the Top 20% Gains Ever

 

[BoyBrutus]

Quote from saliva:

Thanks for clarifying my position, BoyBrutus. I owe you a royal treat at Little Caesar.

I hope you still have enough left over for my Royal treat. I intend to collect once I come to Amerika

 

[JSSPMK]

I am a strong believer in a suggestion that news releases support chart patterns. When I was looking at the wedge I was thinking to myself - all we need is something like a rate cut, instead we have the White House ordering the banks to start lending again, Priceless!

 

[Lawrence Chan]

Quote from JSSPMK:

I am a strong believer in a suggestion that news releases support chart patterns. When I was looking at the wedge I was thinking to myself - all we need is something like a rate cut, instead we have the White House ordering the banks to start lending again, Priceless!

After 30 pts of run up, I figured that some news caused the move.

A bit late, I thought, to jump on board - dead wrong.

 

[Decel]

Saliva, are you still in the trade?

Wow what a runup. Missed all of it because of work, but still made a bit on the day.

The million-dollar question: where do we go from here?

 

[JSSPMK]

Quote from Decel:



The million-dollar question: where do we go from here?

"Trade What You See"

 

[volente_00]

Anyone still doubt the T day crew ?






:eek:

 

[joeyata1]

lol we went to flat from 300 up first and we looked dead as a door nail as late as 2 pm eastern. so i guess those who bought with no stops caught the t day. but wait those no stop traders are already wiped out from the past 6 weeks of 100 pt es swing days. now what rule is this? rule of 2.4,10,20 or 30? lets add the rule of 50 and 100 since things have gotten so crazy

 

[The Voyager]

Quote from joeyata1:

lol we went to flat from 300 up first and we looked dead as a door nail as late as 2 pm eastern. so i guess those who bought with no stops caught the t day. but wait those no stop traders are already wiped out from the past 6 weeks of 100 pt es swing days. now what rule is this? rule of 2.4,10,20 or 30? lets add the rule of 50 and 100 since things have gotten so crazy

No reason to trade stopless. Intelligent entries and the power of re-entry.

TV