ES Journal Archive (2011)

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If what is happening right now is a bear flag, ~1303 on the SPX should be the upper limit. Prints above that validates inverse H&S and that would push it up another 40 pts or so. If the bear flag gets validated, we're talking high 1100s.
 
Quote from athabasca:

As impressive as today's upside jamming session was, we're still within the range in which we've been consolidating for the past 3 weeks. I also see some conflicting signals between a big H&S spanning between March and May (at whose neckline we're currently sitting) and a smaller inverse H&S from the past 3 weeks.

My brain says we should go much higher from here for a very positive week but my heart says we can sink like a stone from this level to make lower lows.

Admittedly confusing times for me, especially since I didn't see this rally coming.
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I thought you were an oil trader:
http://en.wikipedia.org/wiki/Athabasca_oil_sands
 
Quote from FreakofNature:

Ammo,

You permabear loving shorter. :D Where are you looking to short now ?

FoN
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Quote from ammo:

my backer retired ,is retiring at end of month so no trade ,just where i would short
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ammo is waiting for the top. he is not rushing.
 
Ammo had commented last week after the fact he had shorted after the fed meeting. Sunday night he was calling for 1230 and i.ve seen no note were he covered. Maybe i missed were he covered his short.
 
Quote from brandon12:

Ammo had commented last week after the fact he had shorted after the fed meeting. Sunday night he was calling for 1230 and i.ve seen no note were he covered. Maybe i missed were he covered his short.
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after fed ,mentioned waiting for 79,haven't been posting trades,mentioned a completion of move to 1230-34,but had no trade on
 
Quote from ammo:

my backer retired ,is retiring at end of month so no trade ,just where i would short
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What's the plan now Stan ?. Best wishes, in any case.

"Only those who will risk going too far can possibly find out how far one can go." - T.S. Eliot
 
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