ES Journal Archive (2011)

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Quote from Smart Money:

Whoa...so much for the M.A. as a floor! What happened?

SM

Trading halt in NYMEX

Gas down almost 10% at some point

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You'da man, Ammo, show the kids how it's done! :D :p

(No offense to anyone, good luck/skill to everyone)
 
Quote from wiesman02:

So am I to assume that this large drop has been precipitated by the better than expected oil inventories combined with oil going down ?

Forget the inventories, it's a panic in commodities, as in get-me-the-fff-out of here
 
Quote from Picaso:

Trading halt in NYMEX

Gas down almost 10% at some point

---

You'da man, Ammo, show the kids how it's done! :D :p

(No offense to anyone, good luck/skill to everyone)

Still seems like price wants to get to that yellow line. It's usually pretty good for support and resistance. Maybe after this "oil shock" price can work its way back there. Day to day stuff is easy...this minute to minute stuff is tricky. Maybe I should stick to swing trading. :)
 
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