ES Journal Archive (2009 - 2010)

[wave]

Repeat! The US Stock Market is setting up for another massive drop. But I believe we will get a nice run for the bulls before it occurs.

 

[wave]

Buy1Sell2 did mention at one point he was looking for 200 on the S&P.

He may just get it.

But the VIX is telling me not just yet.

http://www.youtube.com/watch?v=e7HPqi5uVeo&feature=related

 

[wave]

So if we don't stall at 1200 and drop, it will keep going and probably trade to the 2007 highs and then kaboom. I hope and pray to whatever gods listening it's not a real kaboom that sets off the drop.

 

[JSSPMK]

Strong USD, weak market and lots of debt? Why strong USD?

 

[wave]

Quote from JSSPMK:

Strong USD, weak market and lots of debt? Why strong USD?

That's in the charts. USD will take off.

 

[ammo]

this last rally is tarp,sort of the king has no clothes story,we should eventually get back to reality

 

[ammo]

price line res at 1168 and 1160

 

[JSSPMK]

Quote from wave:

That's in the charts. USD will take off.

ok, but how accurate is chart's predictability when it comes to extreme economical conditions? S&P at 200 is pretty bad for the US, so do you really expect USD to be a strong currency even though you see it in charts?

 

[ammo]

res at 1140, supp1130,if we break 1130..

 

[ammo]

Quote from JSSPMK:

ok, but how accurate is chart's predictability when it comes to extreme economical conditions? S&P at 200 is pretty bad for the US, so do you really expect USD to be a strong currency even though you see it in charts?

we have the food and the guns,boats ,planes and are trying to get the oil,so the dollar may be the safest currency