ES Journal Archive (2009 - 2010)

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Quote from Lawrence Chan:

Odd feeling ... maybe, just maybe, one more 940 close?
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I believe today will be pivotal in the more intermediate term.

Either we close above 950 which will really create some panic in shorties or if we fail we may actually get a little worry (though doubt anything close to panic) in the bulls given the third instance.
 
Quote from ASusilovic:

Buyers in total control. Stupidity of sellers breathtaking. Incompetent to break 15 SMA. This must be punished !
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So are you getting punished in your Fdax shorts??
 
Quote from Lawrence Chan:

Huge down ticks and size bids got taken out across the board in the underlyings, right when ES Sep taking out 950. That means those orders are parked there all along and triggered once the condition is met.
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What I don't understand is how this market could have gotten this far in the first place with volume that is thinner than air? We climbed more in terms of points than the rally we had yesterday afternoon on perhaps one-tenth its volume. Go figure!
 
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