ES Journal Archive (2011)

[Pholeuon]

Short 17 target 13.25. no stop will add at 20

 

[Nexen]

Quote from creekboy:

you back in long nexen

Not in ES/SPY just some equities.

If we hit 1320, buy every retracement and hold til 4.

 

[wiesman02]

Quote from Nexen:

Not in ES/SPY just some equities.

If we hit 1320, buy every retracement and hold til 4.

Retracement ? Whats that.


Also, based upon the volume pattern on the 15 min bars, we might be in a little short squeeze here above 1314 and the pivot. Just an observation

 

[ammo]

see if this holds, so far we are in a trend day

 

[Rickshaw Man]

It seems there is zero downside risk, I can't believe I just said that.

 

[Airwaves]

 

[Rickshaw Man]

I remember seeing this type of action back in 2003, the VIX would gap up every Monday along side stock indexes gapping up on the open. This keeps the VIX from falling to low as to set off alarm bells.

 

[volente_00]

Last night when ES was 1306.5

Quote from volente_00:

Green Bay for the win


And 1321 cash between now and Tuesday

First was a hunch and does not bode well for shorts




http://www.snopes.com/business/bank/superbowl.asp



Second part was from the inverted head and shoulders pattern which projected to 1321 cash

and what is the coincidence that 1321 is a R10 level as well ?




:eek:

 

[NoDoji]

Quote from Nexen:

All the bearish gurus keep getting annihilated. Countertrend technical analysis remains useless until further noticed.

Apparently Bernanke > Trendlines.

The channel off 11/30/10-01/31/11 lows invites a target of 1325-1330. Upper Keltner just now overshot.

OK, back to oil...

 

[Rickshaw Man]

Offers being pulled, then a light tap on the higher offer and up it goes, tap tap tap presto a new 52 week high.

Volume means nothing when you have a central bank hell bent on creating inflation. Everything that once meant something in the markets is now meaningless.

Hell a cave man could make money in this market, I really mean that.