ES Journal Archive (2009 - 2010)

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Quote from emg:

plan on going short at 1204.00

you will need to cover that after though
Pretty sure today is volente's t day right? Thursday

Thought process:
Yesterday up +.80%
Todays premarket -.19%

a.What price range are we hovering in? top 4/5th of the price range.
b. Are we trending in price or ranging?
- trending in price -> top of the range means higher price
- ranging in price -> top of the range means short.

enjoy. Saved you some $$$'s shorting :D
 
Quote from OTCkrak:

bear porn

72FIG.gif

more. CNBC story

http://www.cnbc.com/id/36550873
 
If the Jobs number is bad, then market goes up cause of easy money.
If the jobs number is good, then market goes up because economy is getting better.

If earnings are good, markets will rocket up for the obvious reasons.

Sovereign debt? Please! Bailout, and all is good again.

Shorts can't sit out or join the rally? Fine, let them short. We'll squeeze em like lemons.

Overbought? Who cares, lets take it higher.
 
i agree a down day will not happen so easily.

more likely we open a scap lower.. consolidate followed by a fakeout to the downside, reverse to make new highs..
then make a real move lower
 
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