ES Journal Archive (2009 - 2010)

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bully......& lookin` for next leg north here.

i`ll be looking for a Doji or reverse hammer to reprsent change in short term trend on the Daily......moves like this typically tip their hand before changing direction.

there is no Island reversal here,imo.
 
Quote from Ken More:

Why would he make 5000 posts if he's merely a paper trader. I'm an excellent trader and he was right last week on a trade I thought was going higher and he said no way in his posts(which I didn't see until later).

Makes no sense?
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Paper Trader or Not, he's shared some invaluable information with the Board.

***

Keep your eye on the ususal suspects (BKX, VXO, the DOW is a nice proxy too) ... you guys know the drill.

FWIW, LC may be right (particularly with the DOW d*mn near holding its OPEN), but we Bulls definitely have our work cut out for us today!. :D
 
Quote from Pekelo:

Those are FACTS (those stubborn things), not POVs or let's vote on it.

1. 1st top: Thursday open
2nd top: Friday close (itself a small doubletop)

2. Friday's unfilled upgap and Monday's unfilled downgap makes a perfect example of an island reversal.

For the blind and visually impaired:

qnk2kw.png
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Sorry, but intraday FACTs don't count in the larger scheme of things when it comes to a MAJOR reversal.:)
 
"Paper Trader or Not, he's shared some invaluable information with the Board."

That's inline with what I've seen as well as TC (who is very knowledgeable).
 
Quote from MandelbrotSet:

Paper Trader or Not, he's shared some invaluable information with the Board.

***

Keep your eye on the ususal suspects (BKX, VXO, the DOW is a nice proxy too) ... you guys know the drill.

FWIW, LC may be right (particularly with the DOW d*mn near holding its OPEN), but we Bulls definitely have our work cut out for us today!. :D
More...

Today, is as mess up as all other days we've seen since about 2 to 3 weeks ago.

NDX up, SPX down. SPX up, NDX down.

That put huge tug of war power for both bull and bears.

Today, however, is first time, after such opening, both indices (except the @#%$# dow) printing the same direction.

Will see if the "super trend" stays - if so, we should see 3 pts or so lower low in ES over the next 15 min. =)
 
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