ES Journal Archive (2009 - 2010)

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Quote from Pekelo:

Since we just got the doubletop, with a height of 14 points, if we drop 6-7 pts from here that would be the Failure area for this smaller dragon, and if failing indicating 1094+14=1108 as 3rd top

Approaching the Failure area, watch for a possible reversal.... Posted in the Dragon thread an hour ago:

21e6g7r.png
 
Quote from pcvix:

Would LC be so kind as to provide us with a bot activity update?

Thanks!
u probably know this but the bots are programs where they buy a basket of the 6-10 most heavily weighted stocks, goog,xom,ge,.....and on the run up sell the futures ,if the spread is trading at 3 ,they are buying at 2.75 and selling at 3.25,similar to the corner grocery buying a candy bar for 50 cents and selling it for a buck
 
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