ES Journal Archive (2009 - 2010)

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Quote from Pekelo:

Seriously guys, can someone explain to me what is the fascination with this Petty dude? Alright, he is a smooth talker, but he can't trade for shit, posting 10 pts losers one after the other.

He is like the 2nd coming of Jack Hershey... If anyone learnt anything usable from him, can you summarize it in 2 not too long sentences???

I don't mind him posting here after all he is on my Ignore, I just don't get why some of you keep him in such a high regard....
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I find it very laughable that you are so fixated on me. You speak of others "fascination" with me but the last time I checked you are the only person fixated on me...maybe it's all in your head?

A profitable week to ya buddy :)
 
Quote from ammo:

now obama's a cheerleader
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Now why would Obama do that? Could it be a sign of desperation that his PPT thugs no longer pose any threat to the bears?
 
Quote from schizo:

Now why would Obama do that? Could it be a sign of desperation that his PPT thugs no longer pose any threat to the bears?
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desperation?
 
bitched exactly right. from bottom to top. gained nicely, could not post real time trade because trading needs focus and it is time sensitive.

Quote from trader198:

still not get hold of CL? CL swings wildly, very good for day trading. I do not trade ES often, commission is higher for the same amount of gain corresponding to crude.
ES is just like 500shares of individual stocks, crude is around 1000~1500shares. Schizo, time to switch.
ES will be traded around 1067 to 1099 today, I did not see 1056ish'. the market is way oversold.
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Quote from petty1978:

I will keep saying this: the ES is carrying a heavy weight higher and higher and will stall out. 1032.50 is dead weight and we need a reversion to deal with this so the rally can continue. I'm not screaming crash, I happen to think we have plenty of upside still.

But before we see 1240 [this is another post for another day] we need to see 1032.50.

IF the ES climbs to 1110 it will stall out with a possible exhaustion move up to 1126. 1110 may be a spot it reverses on a dime but that may be a fake out to 1126. But 1126 is a ceiling.

If you are positioning for the next major move [meaning the one that will happen fast and by surprise] it is 1032.50 and you are going to have plenty of spots to start taking short-positions for a minimum move down of 60 points from where today closes at 16:15 pm est.
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This was my post on 5-27-10. The Close was 1101.

Within 3 days of this post we dipped over 33 points and we are rallying back up to start this topping out process.

This scenario is setting up perfectly...May you all have a profitable week :)
 
Quote from trader198:

bitched exactly right. from bottom to top. gained nicely, could not post real time trade because trading needs focus and it is time sensitive.
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Yay! Nicely done. As for me, I'm the biggest turncoat. If I'm wrong, I flip without blinking. All in all, it was a pretty good day for me as well.

Happy flipping! :D
 
Quote from volente_00:
market has a high probability of rallying into the job report and then falling the week after.. do the stats. Its pretty amazing how accurate this is.
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+1

I was long in the AM but I got caught with my hand in the cookie jar trying to short the afternoon pop :mad:

Buy the dips gentlemen. Si.
 
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