ES Journal Archive (2009 - 2010)

[[Proximo]]

Just came back from a 12K run. Train left without me.

Looks like the gap below will be gunned down, come tomorrow.

 

[lurefo]

Quote from lurefo:

I think there is some more to the downside. Sal we may hit your 807 and I think 802 is possible too.

Sal, you got your 807. I want my 802 now.

 

[saliva]

What sez you now, my fellow trannies?

lurefo, I'm looking at 787 for tomorrow.

 

[iloveoptions]

Quote from iloveoptions:

Out of my short at 803.75 . Net long now.

Placing a limit sell at 814.25. Let's see if they fill it by tomorrow morning.

 

[volente_00]

Quote from saliva:

What sez you now, my fellow trannies?

lurefo, I'm looking at 787 for tomorrow.

Too optimistic.


750 soon

 

[gobar]

Quote from iloveoptions:

Placing a limit sell at 814.25. Let's see if they fill it by tomorrow morning.

thats a H&S pattern with neckline around 811 - 812 but who knows it might touch 814 to screw shorts...

 

[iloveoptions]

Quote from gobar:

thats a H&S pattern with neckline around 811 - 812 but who knows it might touch 814 to screw shorts...

Thanks for pointing out the pattern. Screwing the shorts is not a bad idea. But then again, I really would like to buy more in the 780's

 

[ammo]

as u all know we will get down to 570-600 eventually,be careful of shorting down here,naz is holding its earlier in the day lows

 

[tommymoose]

Quote from JSSPMK:


ImPO Daily chart is not quite ready for a 50+ point drop, histo sorta starting to curve downwards putting in a divergence, though I sense, especially after your explanation, we just might see price heading towards 850-875 SPX before we see that expected correction or whatever one wants to call it

I was thinking the same thing when looking at the daily chart and was going to PM you for your take, but a quick search of your posts takes care of that keep above 800 -> break into ~860 -> down to 750 area IMO... at least those are the only tradable swing setups I'm looking at right now.

 

[saliva]

Quote from gobar:

thats a H&S pattern with neckline around 811 - 812 but who knows it might touch 814 to screw shorts...

At this point, H&S is meaningless IMHO. However, there will most likely be a "tail hook" back up to the TL line, which happens to be at 814 (who woulda thought). :eek:

That's where you want to jump on the bandwagon with your shortie friends.

Trannie out!

BTW What H&S? What timeframe are you looking at?