ES Journal Archive (2009 - 2010)

[saliva]

Quote from vertigo3:

anyone think this a bear flag? (on the 1min and the 5 min?

Unless we close above 58.25. But I don't think it is though because I believe 850 will serve as a strong support zone.

 

[volente_00]

Quote from Lawrence Chan:

Lately (the last 2 months) mkt tends to do 180 degree turn at 20 pts and 30 pts RTH range very often.

Rule of 10 works better now then before

76 56



56 66





It may be 30 degrees outside but my flips flops are kicking.

 

[saliva]

Quote from saliva:

Unless we close above 58.25. But I don't think it is though because I believe 850 will serve as a strong support zone.

If the current 5-minute candle closes above 858.25, then the tide might have just changed.

( I ain't sure if that should be read as a present or future tense. )

 

[swing-scalper]

It's difficulty to short this market. They want to wear out Bears. The slow pace is a good way to trap and wear out Bears, IMO.

 

[wave]

Short 860.

 

[BoyBrutus]

Quote from volente_00:

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56 66





It may be 30 degrees outside but my flips flops are kicking.

it's a 110 here today, 2nd hottest day ever and gonna be above 100 for a week, global warming :eek:

 

[saliva]

Quote from swing-scalper:

It's difficulty to short this market. They want to wear out Bears. The slow pace is a good way to trap and wear out Bears, IMO.

That's the whole point of this wonderful game. It's a war of attrition between bulls and bears. There will be a heavy casualty on both sides when all this is said and done.

 

[Jahajee]

sell 1 @ 857.5

 

[saliva]

Quote from BoyBrutus:

it's a 110 here today, 2nd hottest day ever and gonna be above 100 for a week, global warming :eek:

I didn't know you could trade from hell!

 

[swing-scalper]

Quote from saliva:

That's the whole point of this wonderful game. It's a war of attrition between bulls and bears. There will be a heavy casualty on both sides when all this is said and done.

Recently I found my long trades perform much better than short trades. I become more cautious on short trades.