ES Journal Archive (2009 - 2010)

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Quote from Trvlwanderer:

No offense Lawrence, but I recall myself making the exact same types of posts from March through November on another forum (daily and weekly). I trade what I see and flat at EOD, but the bias was alive and very strong.

My point is, this is deja vu again for the next potentially strong, yet unexplainable run up. Fucking twilight zone and permanent psycho screw job.

Of course I am looking for NO pullback/correction this time, so that in itself should be the green light to short the hell out of.

I will will probably "sleepwalk" and enter 20 long ES at somepoint right before the dive, LOL

Going back down below 41 as expected.

Should 41 to 44 form a top in RTH, more sell off may be in the card.
 
Quote from Lawrence Chan:

Going back down below 41 as expected.

Should 41 to 44 form a top in RTH, more sell off may be in the card.

I agree. Target 1125-1127.

Short at 42.5 stop 45.

init target 36.5
 
Quote from kinggyppo:

you may find this interesting, this guys theory is that depending on how the waves/cycles interact you get either a v top/ bottom or double top/bottom. remember way back that the double bottom did not hold and we broke 750 on the spuz, then reversed like magic off the dreaded 666 #, this was a v bottom which to date has held, this burned alot, and I mean a lot of index traders who were waiting for that second test of 670 area. On the other hand
maybe its all a giant "Rorschach" blot with no meaning at all, either way the wheel will keep spinning so enjoy the ride!:cool:

http://cycleswhatcycles.blogspot.com/2008_01_17_archive.html

spx monthly chart showing v bottom. As an aside the 2 period average true range hit a peak in November 2008 of $296.66, the 2 period change in oct 87 was $71.95.
 

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Quote from kinggyppo:

you may find this interesting, this guys theory is that depending on how the waves/cycles interact you get either a v top/ bottom or double top/bottom. remember way back that the double bottom did not hold and we broke 750 on the spuz, then reversed like magic off the dreaded 666 #, this was a v bottom which to date has held, this burned alot, and I mean a lot of index traders who were waiting for that second test of 670 area. On the other hand
maybe its all a giant "Rorschach" blot with no meaning at all, either way the wheel will keep spinning so enjoy the ride!:cool:

http://cycleswhatcycles.blogspot.com/2008_01_17_archive.html


Glenn knows what he is doing. No question about it.
 
left a lmt order to buy 400k EUR 1.413 and i just woke up here in CA and this 1.4140!!!


WAAAYYYY oversold

i kinda sure 1.41 will hold today at least for EUR:eek:

think i picked a nice pivot eh
 
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