ES Journal Archive (2006 - 2008)

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upper trendline is acting like resistance any break to upper trendline and all bets r off

which is @ 41..

so if we reach 45 and we goes to new highs
 
Quote from Chriz:

B1S2, did you change your overall strategy? Before you used to let the winners ride and trail the stop. Or did you cash in the profit because you use a diff strategy when trading smaller timeframes?

Chris
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Just experimenting with some of the extra capital from this bear market. ie catching the knife with tight stops.:)
 
Quote from Lawrence Chan:

Even a dead cat can bounce ...
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well let me put it this way: the cat has been thrown from the 15th story window (yesterdays high) and has already bounced from the the concrete pavement (this mornings high) and is now about to be run over by an oncoming vehicle which has no breaks because the breaks have been tampered with (the Fed interfering with the free markets) and there are no more speed bumps (lower interest rate cuts, no matter what they say the Fed will not lower rates to zero) to slow down the speeding mack truck carrying corrosive unstable hazardous exlposive material, there are only traffic cameras to record what is about to happen (historic sell off i.e. the biggest market crash in U.S. history) so get your cameras ready this mkt rally aint gonna last long. :D
 
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