ES Journal Archive (2009 - 2010)

Status
Not open for further replies.
Quote from gangof4:

in the 600 vs 550 part, i was commenting on where real support was on the chart. i made no comment on ultimate low. my other comment was that S&P 130 is HIS 2013 ultimate tgt- i think THAT (130) is reality challenged.

i don't disagree with your summary of the situation, it was 130 i had a problem with.

btw... holy shit (the drop we just had)...
Well, then you should have read what others said when I predicted that we would hit 500 back in late 2007 when ES was still trading near 1400. To no one's surprise, some traders thought I was a loonie. :D
 
Looks like sentiment was too lopsided at the open to spur a big drop.

If eminis had a 3-4% up day today, that would surely catch a lot of people off guard.
 
Quote from fseitun:

Looks like sentiment was too lopsided at the open to spur a big drop.

If eminis had a 3-4% up day today, that would surely catch a lot of people off guard.

No flush, no bottom :)

They can stage a bounce here. But the panic sell will auto resume by next week. It is pretty clear the crisis is now global as EE banks are failing.
 
In less than 2 years, we've lost more than 800 points. That's more than 50% from the all-time high we reached back in one hot sizzling summer night in 2007. Surely, it couldn't be a stretch to think we'll lose another 600 points in one of them cold nights sometime in the next 4 years. :confused:
 
Quote from carson:

Was the 7:20CST move down a fat finger? The time stamp on my TT between my 738 & 733 fills was less than 1/2 a second.

Stops are piled right below 40.

The next one is right below 30.
 
Status
Not open for further replies.
Back
Top