ES Journal Archive (2009 - 2010)

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Quote from saliva:

Taking a small long at 90.50
Bailing out at 92.75. Stupid of me to give back so much profit. Thought it might go up to 800.

*edit*
Now that it's heading back up, I really feel like a jackass.

*re-edit*
Jumping back in at 95.75
 
Quote from saliva:

The reason why I'm so against your "demtboyz" ain't so much that I'm bearish but because I don't believe this T-day crap (figuratively speaking). To say that the market will rally simply because it's either Tuesday or Thursday, without specifying exactly WHEN (as in what time), is ludicrous. That's like saying I know the market will rally sometime today, regardless of what day of the week it is, just don't ask me when.

LOL, this was my point so long ago.....its like it is just so he can say "I told ya so", once a Tday...
 
Quote from saliva:

Bailing out at 92.75. Stupid of me to give back so much profit. Thought it might go up to 800.

*edit*
Now that it's heading back up, I really feel like a jackass.

*re-edit*
Jumping back in at 95.75
Stopped out at 94.50. :mad:
 
Quote from saliva:

The reason why I'm so against your "demtboyz" ain't so much that I'm bearish but because I don't believe this T-day crap (figuratively speaking). To say that the market will rally simply because it's either Tuesday or Thursday, without specifying exactly WHEN (as in what time), is ludicrous. That's like saying I know the market will rally sometime today, regardless of what day of the week it is, just don't ask me when.



Actually someone posted a link a while back about the historically probability of the most likely up days, and you would be surprised what they were. I'll hunt it down when i get a chance.
 
Quote from William Rennick:

TUES. 2/17 9:45 am dow-211

The mighty "Ball" is POSITIVE calling for STRONG Market action until at least high noon.

BUY THIS WEAKNESS,,, SHE'S GONNA REVERSE!!!

Rennick out:cool:
 
webmm,
since Pek seems to be on vacation, here is part of what he has posted for SDD. Judge for yourself


1. Market drops a decent 150+ Dow points in the first 60-90 minutes.
2. After that it goes sideways for about 3 hours.
3. Further decent drop that usually starts around 2 pm.

The most profitable play (just like with ADU) is the lazy method, try to get short as soon as you can, and just let the market kill itself.

One of the best short entries is around 11:30 or so when the Williams hits zero (MY NOTE: williams %r 10 period on 5 minute chart, some Williams %R are indexed to 0 to +100, some (traditional) indexed 0 to negative 100. you'll be able to tell by looking at the oscillation relative to the price movement)

back to Pek...
In other words if you see an early sell-off, be prepared to sell when the Williams hits the top of its oscillation range.)

If you can catch that, just stay short for the whole day, or at least until 3:30.
 
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