ES 800 "SUPER SUPPORT"...may NEVER go below it

The third largest one-day point drop in DJIA history occurred on September 17, 2001, the first day of trading after the September 11, 2001 attacks, when the Dow fell 684.81 points, or 7.1%. By the end of that week, the Dow had fallen 1,369.70 points, or 14.3%.

Does anyone doubt that the next terrorist attack on US soil will hit the markets similarly? If at this time, 14% off would be around 7000 dow, much lower than 800 ES. Or is there anyone here who doubts we will be attacked again?

 

FYI the attack started the evening of Nov 4, 08. One might call it an "inside job".

 

yes, one little dip below 800..this thread be history channel!

 

I netted +2 ES points today trading...man, shoulda/coulda held literally seconds and...would have gone for the big gainer...short in the AM and long about 3:55pm nytime...how did everyone else do?

 

Last "REAL" Support (This is based on the last time overall ES market strength/weakness was at this level) was on October 10th, 2002 at a price of 767.25. If you call anything SUPER, it would this price level.

That is "THE" comparable bottom to this current bottom. As long as this level holds we WILL see a retest of the 1008.50, then 1313.50 and then 1441.00 levels.

 

So will you request this thread be shut down, on account of your being very wrong about 800 holding?

 

Fasten your seatbelt, we are going down.

BTW nice call on the support.

 

788.00 was the confirming oscillation of the 767.25 and needs to be broken through first.

If these levels are broken . . . holy $hit Batman.

 

Wheres Super Duper Support?

 

ahahaahhahahhahahahhahahahaha