ES Journal Archive (2009 - 2010)

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Quote from JSSPMK:

For sure, but is it a sign of a pullback or a reversal? Weekly suggests it ought to be a pullback, unless markets faked the breakout. Another point one has to consider is that if FED add another $1t of liquidity it will be "good" for most things - equities & commodities.

Nice call JSS. My uncle point is 1180 S&P, but I've gotta admit a breakout of this strength doesn't bode well for my position.
 
Well well well, new highs after the retracement.

You know how I spot inexperienced traders in ET ?

Two ways to do it:

1) Charts riddle with useless indicators plus excessive extraterrestrial lines.

and/or

2) They keep fading strong trends

ie Gold, Natural Gas, Indices, AAPL, USD YEN, you get the picture.

No person or computer can consistently call the highs on uptrends or the lows in downtrends. Wake up people it's futile!
 
Quote from Brianharvey:



closing the 1130 long here for +18!
Closing the 42.5 for + 5.5

still holding the 49 long
Best few days in ages! Dips give opportunities to go long

Hoping for like +10 on this 49 long. If it starts to go down ill start longing it again.

thx aw

Come on!!!! Closing the 49 here for +9.5 points! :)
+33 points overall in a few days :)
Gonna start the whole process over again today and make more money buying any dips we might get.
First limit long at 54 and then I keep adding, although posting is getting boring so not sure ill post all the add-ons.
Should see 1200+ very soon
l
 
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