Great day for pivots on ES

Trend Fader · Jan 21, 2004

covered 2 at 1146

I covered here because I also have a time stop... the longer we churn here the higher chance I will lose $.

Flashboy · Jan 21, 2004

I shorted the NQ @ 1553.50.. but bailed @ 1552.50

Flashboy · Jan 21, 2004

Just my opinion.. but I think we will make new highs..

Trend Fader · Jan 21, 2004

Quote from Flashboy:

Just my opinion.. but I think we will make new highs..

Could be so far.. looks like an orderly pullback.. but the big sellers can show up at anytime and make the ES tank 2points.. in a heart beat.

waggie945 · Jan 21, 2004

Looks pretty damn strong, eh guys?

Who wants to try "Picking The Top" next?

Flashboy · Jan 21, 2004

Dbphoenix,

did you short at the 1146. resistance area?? since you trade the NQ your area was around 1554.00 or so..

if so, can you explain what triggered your entry..

waggie945 · Jan 21, 2004

Quote From Trend Fader:

"but the big sellers can show up at anytime and make the ES tank 2points.. in a heart beat.

Dude, you keep talking about THESE BIG SELLERS, but they haven't shown up in 8 WEEKS!

Trend Fader · Jan 21, 2004

Quote from waggie945:

Looks pretty damn strong, eh guys?

Who wants to try "Picking The Top" next?

Dude.. u are annoying.. u are like a frog popping up everywhere announcing how bullish u are...

I am trading the pivot right here.. not calling the final top on the ES.

--MIKE

EMini-Player · Jan 21, 2004

Quote from Trend Fader:

Dude.. u are annoying.. u are like a frog popping up everywhere announcing how bullish u are...

I am trading the pivot right here.. not calling the final top on the ES.

--MIKE

Ditto.

-Fast

dbphoenix · Jan 21, 2004

Quote from Flashboy:

Dbphoenix,

did you short at the 1146. resistance area?? since you trade the NQ your area was around 1554.00 or so..

if so, can you explain what triggered your entry..

No. I see no R here, tho that doesn't mean there isn't any. Maybe exhaustion, but that's not the same thing.