ES Journal Archive (2011)

[wave]

1165 target for 1285 short.

 

[schizo]

Quote from gkramer:
2 have a much bigger impact on 30 than on 500.

Quote from ammo:
ibm 1 of 30 stocks, ibm 1 of 500 stocks,i don't know the weighting anymore but spx and dow are weighted differently considering dow is all blue chips

I agree with your reasoning, but DOW and SPX always move more or less in tandem everyday. This has been the case going back as far as I started trading. Check the two charts.

Naz, of course, doesn't follow this logic. It moves on it's own terms and conditions.

 

[volente_00]

hard fighting the trend


out 1/2 77.25



stop to 74.25

 

[tomahawk]

Quote from schizo:

Anybody notice the disparity between S&P and Dow? ES down more than 1% whereas YM down only 0.25%

YM and ES intraday charts have been diverging alot lately. Not sure the reason for that, but one can often give a hint to where the other is going.

 

[ammo]

spx tagged that all time tl

 

[volente_00]

Quote from wave:

1165 target for 1285 short.

Too easy, got to shake some shorts out first on a run to 83-86

 

[ammo]

selloff into the close could tag 1278.17

 

[ammo]

ibm selloff 5 points 8/16/07 took the dow down 300 points

 

[Trvlwanderer]

DTX solid push off the bottom

 

[gkramer]

L 78
T 95ish