ES Journal Archive (2009 - 2010)

[jjj1000]

Quote from jjj1000:

Short ES 1096.50
stop 1106.5
target 1086.50 or closing price

Out at 1092

 

[pcvix]

Quote from ammo:

u probably know this but the bots are programs where they buy a basket of the 6-10 most heavily weighted stocks, goog,xom,ge,.....and on the run up sell the futures ,if the spread is trading at 3 ,they are buying at 2.75 and selling at 3.25,similar to the corner grocery buying a candy bar for 50 cents and selling it for a buck

Thanks, ammo.

 

[Lawrence Chan]

Quote from pcvix:

Would LC be so kind as to provide us with a bot activity update?

Thanks!

Down side wedge in the making.

Any minor pop up from here can trigger very strong buying reaction.

 

[Pekelo]

Quote from volente_00:

sorry Pek, just testing the neck here before selling resumes.

It is a bit early to tell if the Failure is going to occur or not, but because of the bigger dragon's 1111 prediction, I tend to think that the 1095 SPX low was the Failure point...

Also we could look at the last 5 days as consolidation before one more upkick...

 

[pcvix]

Quote from Lawrence Chan:

Down side wedge in the making.

Any minor pop up from here can trigger very strong buying reaction.

Thanks, LC.

Tricky...

 

[JSSPMK]

Quote from JSSPMK:

S1096 s1098

*2/3 +2

**1/3 +2.75

L1093.25 s1091.25

3m histo indicates strengthening p/a

 

[Pekelo]

Quote from Pekelo:

It is a bit early to tell if the Failure is going to occur or not,

Should I jinx it? Hell, the Dude looks like a Failure:

It occured 6.5 points from the 2nd top, which is almost exactly half of the Height's 14 pts...

 

[ammo]

add 93.75 sh, avg price 87.7

 

[rock34748]

EURUSD still popping after lunch; equity follow breaking? At least to the up side.
edit: oh... delayed catch up.

 

[ASusilovic]

Small and scattered improvements are taking place in the economy throughout the country, according to the latest Federal Reserve 'beige book' report released on Wednesday. Leading the way are the residential real estate market and the manufacturing sector, the report said. Commercial real estate was the weakest sector. Banking continued to falter, with weak loan demand and eroding credit quality. Most districts reported little or no increase to either wage or prices pressures and there were even reports of downward price pressures.

Convincing report...