ES Journal Archive (2009 - 2010)

[lurefo]

Quote from Sha10105:

Does anybody know major NQ support and resitance levels?

With all due respect, I think you should be better off doing your own homework to spot supp&res.

That being said and for what it's worth, NQ is trying its hardest to bounce off the 15min RTH low end uptrend channel at 1306.

Good luck.

PS 10000 pages... that's a lot of top and bottom picking calls

 

[wave]

762 is the buy area.

 

[wave]

Quote from kinggyppo:

This sh*t makes me laugh, all of a sudden we are at death's door again. fox and cbnc talking about the stress tests, worried traders, long faces, quite a change from friday.

Remember when they were saying perhaps the market has turned around. Got everyone long at the top. lol

 

[swing-scalper]

ES is drifting lower. GS is climbing higher. Don't know what this divergence means (intraday wise)?

 

[Lawrence Chan]

Those who dumped their stocks today ... will look "too good" if the mkt just drop straight down.

makes no sense.

 

[trackstar]

Quote from lurefo:

With all due respect, I think you should be better off doing your own homework to spot supp&res.

Listen to this guy, you arent going to get anywhere without being able to find your own important levels.

 

[xty]

suprise nobody mentioned the landmark acheived by this thread.

reached 10,000 pages good job . best of luck to u all

 

[Brendan R]

long at 836.25 for 5 points swing, still short from 870 on longer time frame

 

[kinggyppo]

Quote from wave:

Remember when they were saying perhaps the market has turned around. Got everyone long at the top. lol

Hey wave, you said it best "organized crime".

 

[Lawrence Chan]

Leaving office soon ... as I mentioned a drop below low 40s is needed to start a meaningful sell off.

Here it is.

But if you trade only RTH, the opportunity to sell was last friday - any entry today are high risk. Thus daytraders are not welcome to the game today.

Good luck guys in this afternoon!