Where is ES Headed?

privateisland · Jan 12, 2004

Up Up and away. Actually I think I will reply in a couple of weeks. Right now it could be either down or up IMO. Could just be a short term top or a longer term resistance.

richtrader · Jan 12, 2004

Quote from Pabst:

Bump......VOTE!

Pabst, are you and The Answer one in the same?

Pabst · Jan 12, 2004

Quote from richtrader:

Pabst, are you and The Answer one in the same?

Iverson is a little quicker than me.

waggie945 · Jan 13, 2004

would bet the Ranch selling short here!

But then again, 73% of the public still believes that Saddam was behind 911.

ktm · Jan 13, 2004

Not betting the whole ranch, but I'm short here. Too many reasons to be short, not enough to be long.

Baruch · Jan 13, 2004

If your not long, your wrong.

ktm · Jan 13, 2004

What's your time frame?

waggie945 · Jan 13, 2004

Tried to pound the S&P today, but the Bulls were able to make a stand and bring the market back impressively to a mere -7 point day in Dec. S&P.

Pabst · Jan 13, 2004

The last 2 years the market has collapsed the second half of January. Until 1133.00 is penetrated I want to be a seller.

P.S. Wags; I told you Sunday I had that as a BIG number. I think it's primo resistance but also on strength will be a great pivot.

waggie945 · Jan 13, 2004

I'm with ya Brother on the 1133

After that, I can see 1161 which Prechter tells me is a 50% retracement of Wave 4.

In any event, should the Dollar turn here ( and perhaps the strength in Bonds is trying to tell us something here ) maybe we will get a super strong, and quick Moonshot up to challenge the March 2002 high of 1177.

But until we break above 1133 I'm with ya!