ES Journal Archive (2006 - 2008)

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Quote from Lawrence Chan:

Anyone stepping in to long here 900 to 910 area?

If the IHS (close only) in NQ and ES have to hold, then we much need them hold up at this area on close only.

That becomes very interesting as they can flush all they want, as long as they rally back up here will do the job. Or, a better case for the bull, is that they both have ADU today.
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on a 30 min chart starting 11/06 there is a regular h&s with a head around 950 and a neck at 905,if broken ,that would give us 860,it is hard to consistently make $ with h&s patterns, still looking for the gap fill down to 880, possibly 862-864
 
So far we have done nothing but go down since our drop and close below the 200mva on the 15min yesterday. Picking bottoms on a weak market is like trying to pick apples from a tree that's surrounded by quick sand. I would rather Wait for the body count to accumulate before I step up to pick my fruit. Translation for those that don't understand. Just waiting for the momentum to shift to the buy side.:)
 
They will take it to 848. The goverment and it's group of 9 banks are playing out the Ocean's 11 script. The largest modern day heist ever all planned like a perfect chess game. They will be smoking their cigars while they watch the rest struggle thru the next mini depression.
 
Quote from Zodiac4u:

So far we have done nothing but go down since our drop and close below the 200mva on the 15min yesterday. Picking bottoms on a weak market is like trying to pick apples from a tree that's surrounded by quick sand. I would rather Wait for the body count to accumulate before I step up to pick my fruit. Translation for those that don't understand. Just waiting for the momentum to shift to the buy side.:)
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This is a bear market. Care for a drink while you wait?
 
Quote from kinggyppo:

I was just reading that capital one received 3 billion from the TARP program, wtf is wrong with this country?
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Everything so far. Breaking the backs of the American people to help foreign countries and now corporations. Many sad days ahead.
 
Quote from ammo:

still looking for the gap fill down to 880, possibly 862-864
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The lower BB on the daily is around 855, so the low 860ish range sounds correct. The Williams long term gave the exit signal for the short, although that doesn't necesserily mean the selling would stop, it is just a good place to take profits signal. The entry was 100+ points ago when market was around 1000....(I posted it in this thread...)

Quote from Pekelo on 11/04:

the Williams has a sell signal.
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