ES Journal Archive (2009 - 2010)

[volente_00]

http://quantifiableedges.blogspot.com/2009/01/turnaround-tuesdays.html

 

[saliva]

As for Mr. Rennick and his ruthless gang, my crystal ball indicates that the low will hold throughout the day but no rally either. We will most likely be range-bound between 790 and 800.

 

[ammo]

monthly dow 7460 supp

 

[Pekelo]

Yes, so far it has been an SDD.

Quote from vertigo3:


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.)

The Williams top hit short to the bottom hit was good for 5 points.

We could get a Wyckoff thrust in the afternoon, since we moved out of range today and the market might decide to fool people...

 

[ammo]

chart

 

[saliva]

Quote from volente_00:

http://quantifiableedges.blogspot.com/2009/01/turnaround-tuesdays.html

Thanks. I'll read the entire thang after the close, but I can't help wonder from reading just a few snippets: Would you have bought at the close last Wednesday and sold at the close on Thursday? Would you have gone through all the gut-wrenching roller-coaster ride only to break-even?

My point still stands. It ain't just Tuesday or Thurday that matters. What really counts is exactly when is the optimal time to enter or exit.

 

[volente_00]

Quote from saliva:

As for Mr. Rennick and his ruthless gang, my crystal ball indicates that the low will hold throughout the day but no rally either. We will most likely be range-bound between 790 and 800.

A 10 point range ?

No way man, the boyz are going to tag min 808 cash intraday.

 

[volente_00]

Quote from saliva:

Thanks. I'll read the entire thang after the close, but I can't help wonder from reading just a few snippets: Would you have bought at the close last Wednesday and sold at the close on Thursday? Would you have gone through all the gut-wrenching roller-coaster ride only to break-even?

My point still stands. It ain't just Tuesday or Thurday that matters. What really counts is exactly when is the optimal time to enter or exit.

You mean you don't trade with 100 point stops like B1s2 ?


The article is interesting but my edge is based on intraday and has nothing to do with close or open.


And of course there are going to be fewer T day reversals during a bear market as well.

 

[Lawrence Chan]

We were down 4% at a moment.

If the indices breach 4% again, 5% down is expected.

Vol, that's the reason why 790 was holding - someone is STILL trying to avoid the crash pattern started last week.

 

[riskymove]

Quote from volente_00:

http://quantifiableedges.blogspot.com/2009/01/turnaround-tuesdays.html

Question: Are you merely quoting this blog or is it yours? Just curious.