ES Journal Archive (2009 - 2010)

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Quote from JSSPMK:

very contrarian, wouldn't you say? Still above previous resistance. My chart shows that they haven't yet started taking profits, all % based support levels are intact so far.
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The experienced trader waits for the right "profit taking moment":

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Quote from startraitor:

Agree with LC on this one, target BIG. Widening stop to over 1140.
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I am closely watching 30-34 area to see if a sell formation take shape, or if a breach of the zone to the upside results in a w. thrust.

The orderly rise in the mkt is over and even if JSS is correct that the mkt will run for new highs, the swings will be wild and probably no follow-thru.

Pretty much like NQ in first half of 2000.
 
Quote from Lawrence Chan:

I am closely watching 30-34 area to see if a sell formation take shape, or if a breach of the zone to the upside results in a w. thrust.

The orderly rise in the mkt is over and even if JSS is correct that the mkt will run for new highs, the swings will be wild and probably no follow-thru.

Pretty much like NQ in first half of 2000.
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1. I didn't say markets will run to new highs, I posted a chart that shows world equity markets have broken through resistance

2. New highs are not really new highs as we were there not so long ago

:)
 
Quote from Trvlwanderer:

"pink leggings" may, at this point, be the only thing that can kill this bull.
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Exactly, we don’t even have a wounded bull and all the crowd yells is die, die, die…(kill, kill, kill?)

Last year the top was on the 6th Jan :eek:
 
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