ES Journal Archive (2011)

[Picaso]

Quote from emg:

plan on going long 1318.00

Today?

 

[ammo]

Quote from crazyAtrader:

That big chart double top, certainly looks like a double top gone wrong, it never materalized itself, in fact, it flat out failed.

I expect that double top to eventually form a right shoulder and we are not there yet.

Crazy A

spx cleavage 1340-1374 is a magnet,upper tl on chart is 1371,that ledge of 1339 needs to be taken out,would like to see pullback to 1307 first

 

[wiesman02]

Long @1336.75
Stop 1334.75

Hoping to hold this until all day.

edit: stop @1336.25

 

[eudaemon]

Of course we all know that the breakout will fail. No?.

 

[pauk]

could be a nice long if it comes down much more.

 

[wiesman02]

Quote from eudaemon:

Of course we all know that the breakout will fail. No?.

Well its failing to fall to the downside. Bears might run out of steam here

 

[ammo]

Quote from eudaemon:

Of course we all know that the breakout will fail. No?.

in an uptrending market,a hns ,distribution pattern would make sense for profit taking,a reverse hns in a long in the tooth uptrend market,accumulation pattern,could happen ,but odds arent as strong,sideways they would have equal weight

 

[Lawrence Chan]

Quote from ammo:

in an uptrending market,a hns ,distribution pattern would make sense for profit taking,a reverse hns in a long in the tooth uptrend market,accumulation pattern,could happen ,but odds arent as strong,sideways they would have equal weight

He sees a DT on daily, weekly.

If SPX drops from here.

 

[pauk]

Quote from pauk:

could be a nice long if it comes down much more.

damn, that was like the low tick. I missed it though.

long here instead at 1339.5

 

[ammo]

add 40 to shorts ,avg 24.8,not buying this rally biz...stop undetermined...cover 25% before close