ES Journal Archive (2006 - 2008)
- Thread starter Buy1Sell2
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Looks like lc's crazy 88s are taking a stand here. I'll short that again, stop 95, target 75-...
Now, c'mon, that is s'posed to be my area of specialty.
By the way, you people are crazy shorting this market. My unreliable crystal ball spits out 918 as HOD for tomorrow. The momentum is clearly too strong even for AH session.
But I must admit this market is pretty damn messed up. To turn a blind eye to the spreading cancer (like over 500,000 jobless) will only invite a bigger catastrophe down the road. Ya better start praying for a miracle!
Quote from saliva:
Now, c'mon, that is s'posed to be my area of specialty.
By the way, you people are crazy shorting this market. My unreliable crystal ball spits out 918 as HOD for tomorrow. The momentum is clearly too strong even for AH session.
But I must admit this market is pretty damn messed up. To turn a blind eye to the spreading cancer (like over 500,000 jobless) will only invite a bigger catastrophe down the road. Ya better start praying for a miracle!
If last friday was a reversal day, then we will normally have 1 follow thru day, before another day to mark a swing top if down trend is going to continue.
But what is normal these days?
Edit: I guess whatever bad things expected to happen will not be enough to take this market down. So for the down trend to continue, a shock of some kind is needed as the trigger.
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