ES Journal Archive (2009 - 2010)

[ammo]

getting a little mega phone too

 

[vmaxer]

There was a messy 6pt dragon this morning. it failed at 57.5, and reversed at 53.25 instead of 51.5.

 

[vmaxer]

Quote from vmaxer:

waiting to short at 60 (neckline of IHS).

came up short by a tick. dang.

 

[Lawrence Chan]

The buy programs were fired non-stop to stop this sell off since 2 pm.

Someone does not want this to happen.

 

[ammo]

Quote from ammo:

add 57.5..... add 59.75 avg 57

cover half at 57, flat 55,5

 

[Pekelo]

Quote from vmaxer:

There was a messy 6pt dragon this morning.

Good catch, yes, the math wasn't perfect, this is the Dow chart:

Height was 40 pts

Failure at 25 pts

3rd bottom at 31 pts (instead of 40)

Other than this I don't see anything...

Looks like we are closing with a Doji, the SPX sitting right above its SMA line>>>further upside after this consolidation...

 

[ammo]

Quote from Lawrence Chan:

The buy programs were fired non-stop to stop this sell off since 2 pm.

Someone does not want this to happen.

in china, tommorrows a bank holiday, don't know if they will be trading or not

 

[Lawrence Chan]

Forcing daytraders to go long or cover shorts here to print green on SPX and Dow.

Should that fail, 10 pts lower fast.

 

[vmaxer]

Quote from Pekelo:

Other than this I don't see anything...
[/B]

Here is what ammo was talking about on SPX:

Height = 7.5-8 pts (es or spx).
It came a pt short of the target.

edit: the reversal would be down at 1056 on spx.

 

[saliva]

Quote from Lawrence Chan:

The buy programs were fired non-stop to stop this sell off since 2 pm.

Someone does not want this to happen.

No need to tell me who that might be.

(But I'm still hopeful that we go south tomorrow.)