Not so fast guys. The damn up channel is holding up. 
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ES Journal Archive (2009 - 2010)
- Thread starter Jahajee
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Short double size NQ 1280.50, stop ~1282-1283... big targets
also short ES 933.50, stop 34.50
stopped @ 83 on NQ... not happy... might re-enter
also short ES 933.50, stop 34.50
stopped @ 83 on NQ... not happy... might re-enter
Quote from saliva:
If the bears really wanted to pounce this market down, they should have done that yesterday. Now that we're trading above 918, I ain't so sure anymore that we'll get another crack for a while.
Good point.
But, now that they have broken above 920, several times, one would have expected the bulls to race ahead rather than dithering....
The bulls are scared to go higher, they know the bears are waiting patiently to ambush them ...happened several times at these levels. They could hang around 915 to 960 for a day or two but the die is cast - this rally is running on fumes and hope and will be over by Thursday morning, latest.
Another example of enjoy what you do rather than
how much money you have....
====================
Billionaire commits suicide in Germany
Der Spiegel says the financial crisis may have led a billionaire to lay down in front of a train yesterday near his home in southern Germany.
Reuters reports that Adolf Merckle, 74, died last night. Family members say he was "broken" by the recent economic downturn, according to BBC News.
The Times of London quotes from the statement from his children:
âAdolf Merckle lived and worked for his family and his firms.â
âThe distress to his firms caused by the financial crisis and the related uncertainties of recent weeks, along with the helplessness of no longer being able to act, broke the passionate family businessman, and he ended his life.â
Bloomberg News says Merckle's holding company owed about $6.7 billion. âHis empire was falling apart,â Stefan Mueller, managing partner at Proprietary Partners AG, tells the Bloomberg News. âThis was his last desperate act.â
Financial Times describes Merckle as one of the richest men in Germany. Forbes ranked him 94th on its latest list of the world's richest people. Here's a list of his investments.
how much money you have....
====================
Billionaire commits suicide in Germany
Der Spiegel says the financial crisis may have led a billionaire to lay down in front of a train yesterday near his home in southern Germany.
Reuters reports that Adolf Merckle, 74, died last night. Family members say he was "broken" by the recent economic downturn, according to BBC News.
The Times of London quotes from the statement from his children:
âAdolf Merckle lived and worked for his family and his firms.â
âThe distress to his firms caused by the financial crisis and the related uncertainties of recent weeks, along with the helplessness of no longer being able to act, broke the passionate family businessman, and he ended his life.â
Bloomberg News says Merckle's holding company owed about $6.7 billion. âHis empire was falling apart,â Stefan Mueller, managing partner at Proprietary Partners AG, tells the Bloomberg News. âThis was his last desperate act.â
Financial Times describes Merckle as one of the richest men in Germany. Forbes ranked him 94th on its latest list of the world's richest people. Here's a list of his investments.
shorting 34-35.75, stops over 36.75, target 26.50-
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