ES Journal Archive (2009 - 2010)

[Eko_Trader]

Quote from trackstar:

selloff imminent.

Alrite...now that you've pooped my rally hopes. Care to elaborate as to why a selloff is imminent?

 

[trackstar]

Quote from Eko_Trader:

Alrite...now that you've pooped my rally hopes. Care to elaborate as to why a selloff is imminent?

if i told you that my reason was this:

sellers > buyers.

what would you think?

its only my perception....nothing is a fact

 

[adadadog]

dbb just tanked.

 

[Eko_Trader]

Quote from trackstar:

if i told you that my reason was this:

sellers > buyers.

what would you think?

its only my perception....nothing is a fact

I would pay close attention, but I will still be looking for the 3:30 run-up until this tight range breaks down. Yesterday, we spent a crap load of time under 1098....so far today it's been the opposite, we've been camping on top of it. If the bears don't wanna see 1110 by tomorrow, they need to loosen up this tight range above 98.

 

[adadadog]

triangle with one flat side is very powerful. Look out how it develops

 

[trackstar]

10260 would be a good spot to park the dow today

 

[tomahawk]

Quote from Eko_Trader:

I would pay close attention, but I will still be looking for the 3:30 run-up until this tight range breaks down. Yesterday, we spent a crap load of time under 1098....so far today it's been the opposite, we've been camping on top of it. If the bears don't wanna see 1110 by tomorrow, they need to loosen up this tight range above 98.

Last 3 sessions rallied late to close at/near the HOD. I was surprised to see the 3rd in a row, I would be that much more surprised to see a 4th.

Good trading all.

 

[trackstar]

Quote from trackstar:

10260 would be a good spot to park the dow today

I'm about 4 dow ticks away from changing my bias

 

[trackstar]

Quote from trackstar:

I'm about 4 dow ticks away from changing my bias

stopped on short, waiting for another.

 

[Eko_Trader]

Quote from tomahawk:

Last 3 sessions rallied late to close at/near the HOD. I was surprised to see the 3rd in a row, I would be that much more surprised to see a 4th.

Good trading all.

Agreed, especially given that there ain't much stopping us from going to the January highs once 1100 is broken There are stops just sitting above. So let's sit back and watch how this puppy plays out.