ES Journal Archive (2009 - 2010)

[volente_00]

Quote from angel_king:

just a theory, today is the highest point we will see in the market for many many months. this is the last day for this bull run.

that is what it looks like on the chart to me.

Nostradamus has spoken.

do not use this as trading advice, its just me thinking out loud.

may 4 2009 about 3:20 ET

Magnet

http://finance.yahoo.com/q?s=SWGEL.X



Watch for the interest to swell to get the pullback.

 

[Decel]

Quote from volente_00:

Magnet

http://finance.yahoo.com/q?s=SWGEL.X



Watch for the interest to swell to get the pullback.

So you think we're not exactly there yet?

Been short today and got my ass whooped. Still short...

***Bahhh***

 

[jason586]

Quote from Decel:

So you think we're not exactly there yet?

Been short today and got my ass whooped. Still short...

***Bahhh***

+1

Shorts 884.25, 897.50 held overnight.....

 

[ammo]

up and down res and support on mp http://www.charthub.com/images/2009/05/04/YTD_MP_042709_7

 

[ammo]

tl res here ,supp 874 on daily tl

 

[ammo]

chart

 

[ammo]

djt also at daily res, if res holds, es back to 874,easier to trade with confidence when 2 congruent markets hit res together

 

[volente_00]

Quote from Decel:

So you think we're not exactly there yet?

Been short today and got my ass whooped. Still short...

***Bahhh***

Probability points to 910 area but there is always a small chance they could overshoot. The key is to watch for the interest to rise to signal the fall.

 

[ammo]

http://online.wsj.com/mdc/public/page/2_3022-mflppg-moneyflow.html?mod=mdc_leader

 

[Now is Now]

Quote from ammo:

http://online.wsj.com/mdc/public/page/2_3022-mflppg-moneyflow.html?mod=mdc_leader

So the way iI read this is that if too many get on this elevator it is simply going to "give way"....