ES Journal Archive (2009 - 2010)

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long a pantywaist 2 contracts @21.75. stops below LOD and 19.25. trade asia, but the setup suited my liking. frankly, a bit scared of one of those 6-10 pt whooshes. ehh, wtf, c how it goes...
 
Quote from volente_00:

R10IZYOURFRIEND
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Don't worry, those r10 boyz will soon get gobbled up by r100 beasts. Would you also mind if I prepare a special eulogy for yo sweet tannies? :D
 
Thanks for the charts sal. I was thinking along the same lines as jj, testing the large bar from the summer of 96 to the 650 area could give us the 35-50% upmove.

I was trading sp that summer from a ghetto apartment, calling the floor to windy city trading (long gone), and loading up on intel warrants with profits. Good times and timing. MSNBC premiered that summer and twa fight 800 went down in July I think. I have instant savant like recall for useless shit like that.
 
I'm feeling incredibly sad thinking about how many shirts will be lost, how many families will be torn asunder, how many communities will become impoverished, and ultimately how many countries will be remembered only in people's fond memories.

Within the next 10 years, there will be a great (man-made) catastrophe. It's the only way to pull our ass out of this mess, so I'm told.

Shit, now I'm talking like a raving lunatic! :mad:
 
Always speculation, but I think we see 850+ before this market falls more than 50 more points. There are a couple zones I see this potential reversal coming from. I'll post the chart.

710-720... we touched it right now in AH. Could definitely happen from here, but I'm not convinced there will be enough capitulation at this level to drive a multi-month rally.

670-680... very strong... some nice confluence in this area. I'd love to see aggressive capitulation-like reversal in this area to put on longs to hold for several weeks/months. If it holds here it would be a very bullish price pattern on the daily timeframe suggesting 1000 as a reasonable upside target.

I'm glad to see similar projections from some traders I respect on this board. Doesn't mean it'll happen, but its encouraging... also doesn't hurt that word is GS has been loading up on 860 calls.
 

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Sal, TY for the charts!

"Yesterday is a history, tomorrow is a mystery, today is a gift, that's why it's called the present" - Master Oogway

Long live Daytrading & PIXAR!

<img src=http://l.yimg.com/img.movies.yahoo.com/ymv/us/img/flickr/78/88/002468597888.jpg>
 
It's my pleasure. However, I must admit there's this gaping hole inside my chest. I'm still not sure I did the right thing by making public what I held dear for so long. But what can I do? It's kinda too late to take it back. :)

Well, I hope people make good use of it.
 
Quote from Pekelo:

Speak for yourself only. :)

Last year one of the posters here predicted the bottom almost perfectly. And by predicting I mean before it happened...

Otherwise I agree with your analysis...

P.S.: Dragon failure on Friday projects a 3rd bottom at 714 cash...
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as always pek,sall,jss, king thnks for sharing,i was lookingfor 718 ,a tl,www.ptv-investing has a may bottom on cycles,he' s pretty good,another ew guy has this as a wave 4 turn reversal and then a sell,my bid is 718 to close
 
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