ES Journal Archive (2006 - 2008)

[saliva]

On the other hand, anyone betting that there will be another repeat of yesterday's rally going into the close?

I'm betting on the power of the wonderbras to come to our rescue!

 

[JSSPMK]

Quote from saliva:

On the other hand, anyone betting that there will be another repeat of yesterday's rally going into the close?

I see a possibility of it happening on 15m chart's histo, but pattern not completed yet

 

[saliva]

Damn, what did I tell ya, them wonderbras are at work!

 

[Lawrence Chan]

20 buyers are discovered now

Likely will take it higher and slam it back down to break the level.

My guess is 40-42 is in play.

 

[Jahajee]

That was a big range 5m bar ---- almost 10 points

We are near the end of this leg down ...could be one last spike down but rally is near or about to happen

 

[jmoo]

missed 15 handles by 1 point.....

no quasi revenge trades loaded...



L 818 limit order tgt 822 or better depends on PA

 

[saliva]

It's time for Vol to get rid of his gang of T-boys and start shopping for wonderbras.

 

[saliva]

Quote from jmoo:

missed 15 handles by 1 point.....

no quasi revenge trades loaded...



L 818 limit order tgt 822 or better depends on PA

But then you could have scored more than 40 handles had you sold short at the close yesterday. Don't get too caught up with "woulda, shoulda, coulda". There's always an opportunity. Trying to make up for the missed opportunity will rather get you on the straight express to poorhouse.

 

[Lawrence Chan]

A repeat of yesterday, or total melt down by close?

 

[Pekelo]

The SDD playbook rule is:

if we have a new LOD after 2 pm, just stay short until 3:30.

Even though we had a 18 pts rally from the new low of 819, right now we are back to 820, and possibly new lows...

Edit: We just had a new LOD at 817.5 (3:27), so the rule proved to be correct. From now it is anyone's guess...