ES Journal Archive (2009 - 2010)

[Spooz Top]

Broken IVB on the daily proving to be of some significance here for the bear camp......two inside days followed by todays break.

i would be more comfortable on the bear side had they hit that 940/950 target......i feel summer action will be up as bullys will continue to walk the wedge/channel north with occasional downturns like this.....bears will need to break the channel with force to regain control.

 

[Lawrence Chan]

Quote from saliva:

I dunno. I would wait until how the 2:00 PM crew will react first. It looks like we're about to as I write.

Why 11 am?

IF ORL or S2 holds we have double bottom - ADU timeline in force!

 

[saliva]

Quote from Spooz Top:

Broken IVB on the daily proving to be of some significance here for the bear camp......two inside days followed by todays break.

i would be more comfortable on the bear side had they hit that 940/950 target......i feel summer action will be up as bullys will continue to walk the wedge/channel north with occasional downturns like this.....bears will need to break the channel with force to regain control.

Ya know, I think we've already turned the corner for good. Can we still go up? By all means. But the rally we've seen has effectively died.

 

[ammo]

lets not forget exp week

 

[trackstar]

Short 88.50 stop 92 target 77.50-75

 

[ammo]

Quote from ammo:

sh 91.5, added 92, add91 here trans continues to make new lows, add 93.5,added 95, avg 93.125

covering at 88.5, 4 5/8 points.....thanks ilo

 

[ammo]

see if oex holds here for lunch

 

[Spooz Top]

Quote from saliva:

Ya know, I think we've already turned the corner for good. Can we still go up? By all means. But the rally we've seen has effectively died.

how has it "died"?......what do you see,indicators or otherwise, to make you believe that?

 

[stoneface]

Quote from Lawrence Chan:

Why 11 am?

IF ORL or S2 holds we have double bottom - ADU timeline in force!

I agree... the technical damage that a busted ORL60 would impart would be quite bad for bulls. Their best chance is to hold it now before the morning is over.

 

[Now is Now]

Quote from Now is Now:

BGT 889.25 S/L 886.25

SELL 892.25

SLD 889.00 ...tick loss