ES Journal Archive (2009 - 2010)

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Quote from volente_00:

1110 area key on cash DEMTDAYBOYZ gonna have a fight trying 2 close above it
If we close at or near the HOD today, namely above SMA200, I betcha this sucker will be off to the races tomorrow and in the ensuing days. Just imagine all the malnourished idiots (eg. bulls) on the sideline eagerly waiting to jump back in. Ggrrrr!
 
I bet the bears have had their little bit of fun for quite a while.
The ES does tend to go up and up and Id imagine most saw the recent dip as a great bargain.
 
Quote from Eko_Trader:

This market is one ugly whore.

Well, that same whore just broke above the TL that you see below and, at the same time, is about to close above the SMA200. It can get really nasty for the bears in very short order.

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Quote from ammo:

leary about shorts here,if we dont get a pullback, or at least a reduction in uvol/dvol ratio, they will squeeze shorts into the close...trendday but we are way overbought here

Looks like you might be right. There could be a barrage of stops above 1110. Look for a possible short-covering rally above 1110.
 
Quote from schizo:

Well, that same whore just broke above the TL that you see below and, at the same time, is about to close above the SMA200. It can get really nasty for the bears in very short order.

attachment.php


Yes sir
 
Quote from ammo:

sh 10, half volume today nyse, bulls need to lock in profit,squeeze started early
But don't you think the volume just might pick up tomorrow when the bulls come piling on one another? Man, I can still recall some of those crazy rallies last year that completely defied all logic.
 
I'd love a pull back tomorrow to get long for T-day. Not banking on it though. I reckon the bulls are in control and we got much much higher prices on the way over the coming months.
 
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