ES Journal Archive (2011)

Status
Not open for further replies.
Quote from JoshDance:



Whether we go to 1350 depends IMO on what happens at 1300 - 1310 -- there's a nice big hump there we have to get over. If we get over and establish value above 1310, then I'd say 1325 is logical, and past that hump, then up and price discovery.
More...

I'm still thinking about Wave's big downturn/crash. If that happens, Mid 70's seems worth watching. Guess your 'big hump' would be the next to watch.

Edit: EMG has canceled his order! We may never get to the mid 70's!
 
Quote from Hooti:

I'm still thinking about Wave's big downturn/crash. If that happens, Mid 70's seems worth watching. Guess your 'big hump' would be the next to watch.

Edit: EMG has canceled his order! We may never get to the mid 70's!
More...

wave, emg, and anyone else who makes bold predictions about market crashes and the like are full of it, especially 250 point crashes. Sorry, but it's true. Go back over the last month + and you'll find one trade of emg's which was actually taken. Every single call he has made since early October (since I started reading this thread) except for ONE has ended with "cancel my order."

The market can and absolutely will go down, and possibly with a big crash. But how does knowing that help you trade? Trade what you see in front of you, not what anyone else says.
 
Status
Not open for further replies.
Back
Top