ES Journal Archive (2011)

[ammo]

reduced to 3 months,if we hold that low in here for awhile and back fill, i don't use them enough to trade with but the rsi and slow stoch have not turned above 30 or 25

 

[crazyAtrader]

Downtrend who?

Crazy A

 

[JSHINV]

Quote from FreakofNature:

Think most of the news is priced in as its obvious it was leaked before hand due to last week monster unusual activity.

Looking for 1120-1130 to buy and possibly redeem past losses.

FoN

given the extent of volatility last week, AFTER we didn't default, makes it hard for me to believe that Goldie and some of the others didn't know.

At this time I see pretty much the same thing as you - may not even go as far south as 1120-1130. UNLESS the market discounts other information we don know about, like a collapse of the Euro for example.

 

[JSHINV]

Quote from JSHINV:

given the extent of volatility last week, AFTER we didn't default, makes it hard for me to believe that Goldie and some of the others didn't know.

At this time I see pretty much the same thing as you - may not even go as far south as 1120-1130. UNLESS the market discounts other information we don know about, like a collapse of the Euro for example.

if on the off chance, and I don't think it will happen (but possible)' treasuries decline dramatically and stay declined then all bets are off. the world economy will be in for it.

 

[volente_00]

Quote from volente_00:

black box has spit out tradeable bottom of 1137 to 1145 this year

These are cash number so I will be looking to go long 1133-41 ES

Hopefully we get a 5% selloff from 1200 and reach the H&S targets area

 

[FreakofNature]

Quote from volente_00:

These are cash number so I will be looking to go long 1133-41 ES

Hopefully we get a 5% selloff from 1200 and reach the H&S targets area

Im thinking this area could be the actual lows, you agree as well, would be nice to get some additional confirmation from someone that reads the market well.

Thanks

FoN

 

[JSHINV]

Quote from FreakofNature:

Im thinking this area could be the actual lows, you agree as well, would be nice to get some additional confirmation from someone that reads the market well.

Thanks

FoN

since your time stamps are within 2 minutes of each other you probably didn't see volente's comment prior to replying ti my post which is informative and relevent to our exchange of posts.

Yes, please, anything I say I would advise strongly that you get confirmation from someone else and do not rely on anything I say. I take no offense and know you didn't meant it that way. your comment gave me the segue to make the point and happy you worded your comment in a way I can make the point. I am not kidding.

 

[ammo]

unconfirmed rumor that says germany thinks italy's debt is to big to bail out,might be bad for euro ,good for dollar,bad for oil, bad for global stocks

 

[JSHINV]

Quote from ammo:

unconfirmed rumor that says germany thinks italy's debt is to big to bail out,might be bad for euro ,good for dollar,bad for oil, bad for global stocks

even though unconfirmed rumor it makes too much sense. I think Spain is on the hook too. problem Central Bankers not exactly the full disclosure types - meaning there is probably more trouble brewing that has yet to be disclosed.

 

[Jestersofmalice]

Quote from Jestersofmalice:

SHORT 1223
stop at 1253

was a delay with this post as it was my first post and I guess admin have to check that ut isn't spam before publishing my post?

Anyway, this one worked out nicely!!
Nice when the market is clearly crashing for all to see.
Seems like all in this thread are in agreement that we have loots lower to go? Only short and no long is the way to go??