ES Journal Archive (2011)

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Still contained within the RTH down channel, but a break above 33.50 makes 26 unlikely today, imho.

27.50 was rejected pretty hard on high volume, plus Uvol/Dvol is still almost 3:1. Also 27.50 was the exact 62% from yest. low to today's high.
 
Why do some people here continue to short this market, never a long trade always shorting, I find this almost misleading to new followers of this thread.
 
Quote from Rickshaw Man:

Why do some people here continue to short this market, never a long trade always shorting, I find this almost misleading to new followers of this thread.
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This market?

Most of us are traders, not investors.

A short at the daily highs today would have paid off better than any longs this far.

And now it seems like Volente may get paid for his short after all.

I should have known better than to use such a tight stop leading into the FOMC minutes.
 
Quote from Rickshaw Man:

Why do some people here continue to short this market, never a long trade always shorting, I find this almost misleading to new followers of this thread.
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why do you and your alias's care ,just shutup and trade....nexen,flipflopper,fatburger,john12
 
looks like the next target is 1390 es, can't believe I am saying that but it could happen sooner than later. The market has completely retraced the 3 bar monthly drop from the credit crisis. The high of that bar was 130.71, good trading.
 

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Quote from Rickshaw Man:

Why do some people here continue to short this market, never a long trade always shorting, I find this almost misleading to new followers of this thread.
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My view has been long for a while. Now I have a short bias after today's action barring non-confirming price action.
 
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