ES Journal Archive (2006 - 2008)

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Quote from saliva:

Pek is out looking for his lost camel. :D
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Sorry, I got busy for a while in the peak oil thread. Luckily the camel doesn't use oil!

So far it looks like an SDD...

By the way on Wendesday we had a 2nd downgap in the morning (I missed it somehow) what was promptly closed in the next 2 hours. The first unfinished downgap is from Monday and today we still have a downgap, but as we get farer and farer from the original first gap, the rule is less and less reliable.

Still I wouldn't be surprised if we ended the day in a rally...
 
Quote from Pekelo:

Sorry, I got busy for a while in the peak oil thread. Luckily the camel doesn't use oil!

So far it looks like an SDD...
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With Bush coming out with a speech at 11:30am, odds of a SDD increase greatly.

Will be glad when we won't have to hear him, Paulson and Benny speak anymore. Sick of their "good-for-nothing" speeches and BS.
 
Quote from newbie463:

of course!

does your unreliable crystal ball forsee a low risk short on a
retracement to 832-834?

newbie
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While it's too early to jump to any conclusion, them delusional bulls are holding this market up pretty well. Low risk at 832-834? I would be a little concerned if it could even go up that much from here, considering that this market is supposed to be in coma by now.

Good luck!
 
SDD = Step Down Day

see Monday of this week for an example.

Pekelo can give a more definitive explanation regarding time tendencies if he wishes.

newbie
 
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