ES Journal Archive (2011)

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it's safe to say that the boy's who control this market every expiration and move it up to fatten the calls and down to fatten the puts and then bring it in at the mid for a monthly fat check,are no longer in control and the world credit situation is unraveling,as the plan didn't work,plan 2 would be everyone fend for themselves,a lot of uncertainty out there which is always bearish
 
I already have a chart posted

That has levels on it

1093.75 is 1st oversold level
1062.50 is 2nd oversold level

My levels automatically reset by algorithm.

Once they reset we are in bear market until then bulls still have a chance
 
I am notgood enough trader to make predictions or guesses because all I have been told to do is trade what is in front of me.So while I have to sit on my hands today I am predicting the calvalry is gonna knock over the indians and close it up 1150 plus.

Of course it is only a guess but I also had a gut feeling the market was going to be disappointed earlier:mad:
 
Quote from letemrun:

1/3 off @ 35, stop 45, target 1067

stop moved to 25 on remaining 2/3, will probably end up holding over night would like to take of a 1/3 at 1077
 
Quote from Macho:

I am notgood enough trader to make predictions or guesses because all I have been told to do is trade what is in front of me.So while I have to sit on my hands today I am predicting the calvalry is gonna knock over the indians and close it up 1150 plus.

Of course it is only a guess but I also had a gut feeling the market was going to be disappointed earlier:mad:

Oil has turn around from 78+ or all bets are off:D
 
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