ES Journal Archive (2009 - 2010)

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[Pekelo singing Simply Red]:

~If you don't know me by now...~

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We had back to back dragons, the first one got only a 2 pts bounce, the second one ended the downtrend...
 
FWIW,

WHen I have seen extreme price readings in the AH, some how, some way, it seems like price ultimately (unquantified, "most of the time") yearns to revisit those levels in RTH.

After the close on 3/3 AH hit 681.50. Doesn't price have to visit there, even undercut it by a tick or two.

I know nothing "has" to happen, but too many times, I have seen bizarre price movements AH that prove to be prophetic.

"Markets are never wrong; opinions are." J.L. Livermore
 
Quote from vertigo3:

FWIW,

WHen I have seen extreme price readings in the AH, some how, some way, it seems like price ultimately (unquantified, "most of the time") yearns to revisit those levels in RTH.

After the close on 3/3 AH hit 681.50. Doesn't price have to visit there, even undercut it by a tick or two.

I know nothing "has" to happen, but too many times, I have seen bizarre price movements AH that prove to be prophetic.

"Markets are never wrong; opinions are." J.L. Livermore
More...

Vertigo,

You are right. The market more often than not likes to test these extreme AH levels, and today should be no exception. I hope it does as I like to add in the upper 660's to the 670's area.
 
paul,,,,prox is jealous....ur man is great no doubt about it....there are a few....and they won't come here....all know this is a zoo....one guess correct at a no brainer level and prox is the new hero....romik, volente, gave up finally....i have given up here years ago...just like to irritate the irritators.....by the way, do u really think he got filled at the precise top? that is what u find in cow pastures...actually bull pastures...
 
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