ES Journal Archive (2009 - 2010)

Status
Not open for further replies.
But we are still within an uptrend on the Daily chart, so you are referring to hourly frames.

Quote from MandelbrotSet:

BREAKING NEWS!
  • When price spikes down during a market downtrend, that means there was a fat finger sell!
  • When price spikes up during a market uptrend, that means there was a fat finger buy!
Also in a related story …
  • When it’s the 25th of December and you have presents, that means Santa Claus came to visit you last night! (usually down the chimney or through the window, but sometimes he picks locks too).
  • When you lose a tooth, if you put it under your pillow and consequently receive money, that means the Tooth Fairy came to visit you!
More news to come!








:D
More...
 
Quote from MandelbrotSet:

BREAKING NEWS!
  • When it’s the 25th of December and you have presents, that means Santa Claus came to visit you last night! (usually down the chimney or through the window, but sometimes he picks locks too).
  • When you lose a tooth, if you put it under your pillow and consequently receive money, that means the Tooth Fairy came to visit you!
More news to come!
More...
It's also been said that when the permabear emerges and sees his own shadow, there will be 6 more months of recession. FWIW
 
Quote from saliva:

Does this mean that you don't think the market should have sold off this much and the idiots are only gaming the system in order to rally the damn thing back up in the next few days?
More...

1.000.000 % sure. BUying simply call options every 5 points. Risk free money.
 
Quote from JSSPMK:

But we are still within an uptrend on the Daily chart, so you are referring to hourly frames.
More...
LOL JSSPMK, I was being just a tad bit facetious. :p

But yes, since I am an intra-day trader, I am indeed referring to the hourly timeframes.

***

That brings up an interesting point folks, always identify the timeframe you're trading on, stick to your rules, and never violate them. :cool:

Good trading
 
LC, I am sure you noticed that INDU isn't correlating with SPX recently, like today for instance SPX -1.66% INDU -0.95% so far. If I recall correctly in the past every SPX point would roughly equate to 10 INDU points. What's changed?

Ammo I would say TY, but it is early days yet, could be bad luck :)
 
Quote from JSSPMK:

LC, I am sure you noticed that INDU isn't correlating with SPX recently, like today for instance SPX -1.66% INDU -0.95% so far. If I recall correctly in the past every SPX point would roughly equate to 10 INDU points. What's changed?

Ammo I would say TY, but it is early days yet, could be bad luck :)
More...

The weighting no longer match.
 
Quote from JSSPMK:

LC, I am sure you noticed that INDU isn't correlating with SPX recently, like today for instance SPX -1.66% INDU -0.95% so far. If I recall correctly in the past every SPX point would roughly equate to 10 INDU points. What's changed?

Ammo I would say TY, but it is early days yet, could be bad luck :)
More...
http://money.cnn.com/data/dow30/
 
Status
Not open for further replies.
Back
Top