ES Journal Archive (2009 - 2010)

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With the strong uptrend, I'll be looking for Longs ... but with price so over-extended, I'm not sure how much steam this move has left in it from an intra-day trading basis.

R2 (Second Resistance Pivot) is at 911, so if price can make it back down there and hold, I'd be looking to buy it.

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Traders like stachel who held on for their targets got paid extremely well for their time. :)

Good trading
 
Quote from Spooz Top:

the mere fact that Cashin & Quintanilla are talking about the H&S on cnbc this morning combined with Surfs short the US gov`t banking arm in GS.....i`d say this is about as contrarian as it gets & looking for H&S to be negated....nice gap north for the bullys off the usual fades.
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As usual I have no idea what surf is smoking, you've been bullish the whole way, right on.

http://www.youtube.com/watch?v=MuyF46oG2ik
 
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