ES Journal Archive (2011)

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The magnitude of that sudden sell-off and the persistent negative tick readings leads me to think that this was not just a pullback.

If we stall at the daily lows, I should bank some profits now, but I`m gonna bet on 1360, risking 2 ticks to get it.

OCO orders in place. Off to get some food now :cool:
 
Not a good idea trying to catch a falling knife, IMHO.

We may be bottoming out here, but ES likes to fill gaps and we have one @ 60 and a pivot @ 59.

Price did however stop at Friday`s cash session high.
 
Quote from Builder17:

they cant legally let today be a red day can they?
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When Saddam was captured we gapped up about 1 percent but then just sold off all days long and finished slightly negative, if I remember right. :D
 
Quote from wiesman02:

it was 1358, but now I dont think thats gonna happen. Got my stop at b/e right now and think its gonna get hit.
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Friday`s 50%?

It`s lunch hours now, so we may trade sideways here before possibly going lower.
 
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