pennant forming...ES going to Soar today 2:14pm NYtime

[Trvlwanderer]

Very tasty setup(s) and profitable trades. Easy day.

 

[mister_doodi]

Good job Obama, lead us about 1000 points lower so I can buy some long term holds cheap.

 

[swtrader]

people, make a screen print of the 5 minute chart, and paste it on your wall

it's a perfect example of why you NEVER DROP YOUR GUARD

(fortunately, I didnt get nailed by this one, but i have gotten stung too many times in the last month)

 

[mister_doodi]

When the market looks too orderly and the vst technicals look too good to be true it's a good sign. 20 ema totally clobbered the bulls.

 

[stock_trad3r]

Obama needs to consult neocons. They are great for stocks. The market surged under Bush.

 

[nonlinear5]

Quote from nonlinear5:

I think that's a bearish pennant, not a bullish one. I am selling like there is no tomorrow.

Still holding my short position. Looking to cover at around ES 900.

 

[stock_trad3r]

better cover now

still 45 minutes of trading and huge funds will probably drive it higher.

 

[mister_doodi]

Quote from stock_trad3r:

better cover now

still 45 minutes of trading and huge funds will probably drive it higher.

This guy is a gold mine, first the market dives 100-150 points after his bullish call like 30 mnutes minutes ago and after his last remark the dow dives 100 points.

 

[swtrader]

Quote from swtrader:

people, make a screen print of the 5 minute chart, and paste it on your wall

it's a perfect example of why you NEVER DROP YOUR GUARD

(fortunately, I didnt get nailed by this one, but i have gotten stung too many times in the last month)

they hypnotized people with that pennant, then boo fooed them big time

very vicious market

 

[MrDODGE]

Who are the idiots buying right now? Probably the same people spouting 'all of the bad news is priced in'.