ES Journal Archive (2006 - 2008)

pulsescan · Oct 29, 2008

looks like we are putting in a top to this rally.
i look for the mkt to sell off after the announcement at 2:15pm EST.

mkt always runs up ahead of the fed.
mkt always falls after the fed.

Zodiac4u · Oct 29, 2008

Quote from pulsescan:

looks like we are putting in a top to this rally.
i look for the mkt to sell off after the announcement at 2:15pm EST.

mkt always runs up ahead of the fed.
mkt always falls after the fed.

Never say always

Pekelo · Oct 29, 2008

Quote from pulsescan:

looks like we are putting in a top to this rally.
i look for the mkt to sell off after the announcement at 2:15pm EST.

I agree.

Feds days rules: usually sideways thus averaging down works. IF there is a trend before 2 pm, then after the initial ups and downs after the announcement the trend will continue.

So far it is mostly sideways slow day...

ggoyal · Oct 29, 2008

wow. i think this is the first boring day in a while. Lets see what price dictates in a few hours

Lawrence Chan · Oct 29, 2008

Back to back 100 pt day?

Just the thought makes me smile.

JSSPMK · Oct 29, 2008

If I was to make a bet, looking at 240 & especially 60, then I would stake a coin on ES to 990

ggoyal · Oct 29, 2008

missed two set ups.

lesson learnt: never get caught up in porn no matter how boring the day gets

Mins · Oct 29, 2008

Quote from ggoyal:

missed two set ups.

lesson learnt: never get caught up in porn no matter how boring the day gets

How can today be that boring, i think your spoilt from all the great volatility we have been having.

After initial sell-off we have had a very easy run-up: trend some consolidation then run up some more. Could not be easier to trade this environment.

Buy1Sell2 · Oct 29, 2008

Quote from pulsescan:

looks like we are putting in a top to this rally.
i look for the mkt to sell off after the announcement at 2:15pm EST.

mkt always runs up ahead of the fed.
mkt always falls after the fed.

Initial pullback and then a higher close. Perhaps much higher

ggoyal · Oct 29, 2008

Quote from Mins:

How can today be that boring, i think your spoilt from all the great volatility we have been having.

After initial sell-off we have had a very easy run-up: trend some consolidation then run up some more. Could not be easier to trade this environment.

no no, i meant early this morning till about midday.made a few points now