ES Journal Archive (2006 - 2008)

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Quote from Pekelo:

Today we had the 5th higher low around 860 (cash only), and the 5th higher high is in the works, 874+....

Oh yes, and the camel's head broke out upward...
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I think your camel is about to lose its head. Not that I'm short or anything. :D
 
Quote from volente_00:

so you were up at 3 am est ?



FWIW history shows that reversals happen in es with a high probability between 3 and 3:15 when europe opens and then the next reversal time zone comes in around 6 am est.
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i noticed that too.

when i was in europe is was easier to trade around this. back in u.s., i'm not about to stay up all night just to trade!

west coast also easier, in a sense, to just stay up till midnight to play the 3 a.m. move.
 
So who thinks (beside me) we'll slide all the way down to hell from here? Ya better hold on to that camel because it will be awfully hot down there. :cool:
 
Quote from princessa:

west coast also easier, in a sense, to just stay up till midnight to play the 3 a.m. move.
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It still ain't worth it. Price moves without reason or rhyme and volume is just crap.
 
i think we are going down to 600 area and i think it will happpen like a 10 car pile up, i'm just wondering when, 1942,74 and 82 lows, tl comes in at 550-560, spx.....1929,1987 highs tl comes in around 800,broke it on 11/20 and 11/21....rallied 100 up to 897 and now we are starting to roll over if you look at the tops since then ,sort of a big rounding top
 
Quote from ammo:

i think we are going down to 600 area and i think it will happpen like a 10 car pile up, i'm just wondering when
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Probability of that happening by the end of 2008 is small. Unless there is some unforeseen event by the end of the year.
 
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