ES Journal Archive (2009 - 2010)

[candles]

Probably just the usual action of going up without a dip to get me in for a long, lol. Lucky ES isn't the only instrument to play!

 

[ammo]

add 63.75, raise avg to 1048,there is a small gap below in spx, uvol/dvol even for 1st 30 minutes, does not indicate rally or trend, uptrend in stall mode, next mode sell?

 

[Builder17]

today really does feel like it could break either way.

 

[Lawrence Chan]

Quote from volente_00:

Can you smell 54 es ?

Vol,

See any unusual activities in option volume?

 

[flipflopper]

The market seems to be exhibiting retard strength. No shorting till the lows get taken out.

<A HREF="http://smiliesftw.com"><IMG SRC="http://smiliesftw.com/x/retard_ugh_clap.gif" border="0" ALT="SmiliesFTW.com"></A>

 

[Pekelo]

Quote from vmaxer:

There is a dragon in AH that failed at 64 (the gap fill). H=7 so target would be 57.

I don't see it but here is one including part of yesterday's chart, on the cash, signaling today's bottom. (so far)

Height was 4.5 and it dropped 3.75 from the Failure (perfectly at the SMA) to reach the 3rd bottom.

 

[candles]

Quote from flipflopper:

The market seems to be exhibiting retard strength. No shorting till the lows get taken out.

<A HREF="http://smiliesftw.com"><IMG SRC="http://smiliesftw.com/x/retard_ugh_clap.gif" border="0" ALT="SmiliesFTW.com"></A>

lol. Absolutely. I had the 'bear' beaten out of me years ago and pretty much refuse to short the market any more. I made lots of money doing it when i first started trading which i think gave me bad habits. I've been doing very well recently only going long, but on pullbacks. I dont think ill ever short it again for anything more than a very small scalp and use other instruments to fullfill my shorting desires! Its as manipulated as you can get, and as annoying as the permabulls are, I acually tend to agree with them! I will NOT short it but i will not buy at these dizzy heights without decent (10 point or so) pullbacks

 

[Lawrence Chan]

MIT buy orders fire them all up ?!

 

[volente_00]

Quote from Lawrence Chan:

You mean 64?

nope 54 as in 65-66 to 54 move

 

[MandelbrotSet]

Quote from flipflopper:

The market seems to be exhibiting retard strength. No shorting till the lows get taken out.

<A HREF="http://smiliesftw.com"><IMG SRC="http://smiliesftw.com/x/retard_ugh_clap.gif" border="0" ALT="SmiliesFTW.com"></A>

The NQ is substantially stronger than the ES today (in fact it has been giving easy profits all morning - based on tick increment and range of price action).

Until the two indicie get in-synch and start to fall (you know, those LH LL patterns), the BEARS on the thread think they know more than everyone else in the market.

LOL

Good trading