ES Journal Archive (2006 - 2008)

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Quote from Lawrence Chan:

He may refuse to :) because he thinks the low is in for the day.
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CNBC showing Bernie's rhetorical speech in nowheresville, Texas. Does he still have any audience left? I would think the market is waiting for him to STFU before resuming the downward slide. :eek:

BTW Does anyone know if Obama would replace Bernanke, even though he was endorsed by the latter? Ya, no kidding! (Bernanke Endorses Obama - WSJ.com)
 
Quote from saliva:

CNBC showing Bernie's rhetorical speech in nowheresville, Texas. Does he still have any audience left? I would think the market is waiting for him to STFU before resuming the downward slide. :eek:
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Bernanke swoon is on
If he speaks for another 15 more minutes the LOD will be put in at about 800
 
Quote from Pekelo:

well, we will see if we break down around 2 pm. By the rule the new low has to be after 2 pm to have a decent 2nd leg down...

We could also just consolidate between 840-850 for the rest of the day....
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thanks
 
Quote from Lawrence Chan:

USD/JPY dictates the move today so far.

Thus when it lands on 92, ES may as well find its low.
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there is another supp below that at 90 going back to march
 
Bernanke and Paulson should keep their fat traps shut as they never say anything of value. They always talk as if their bear no responsibility. Makes me laugh every time. Whenever they're on, best to just turn the volume down as they say nothing of value and of things we don't already know.
 
Quote from Pekelo:

well, we will see if we break down around 2 pm. By the rule the new low has to be after 2 pm to have a decent 2nd leg down...

We could also just consolidate between 840-850 for the rest of the day....
More...
Nah, although we probably won't go far as 811, I think we'll hit 825. Just a hunch, of course. :)
 
We just had a mini-dragon. Height was 8 pts, failure at 844.25 and it fell 6 points, but I guess the SMA was stronger, so it didn't let the full 8 pts drop to happen...
 
Quote from saliva:

Nah, although we probably won't go far as 811, I think we'll hit 825. Just a hunch, of course. :)
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Fill gap below is no longer out of the question.
Too much attempt at buying a swing low today in the PA.
 
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