ES Journal Archive (2006 - 2008)

Bias continues to be towards longs today. I will be finding the good entries with proper stop outs. If bias changes to shorts, then I will be looking for good short entries. Bias is still long though at this exact moment in time.

 

hardly a gap in the cash.

 

Stopped out at breakeven. What a bunch of bull!

 

Once again Europe gets the move and the US gets crap.

 

The bears really pressing here, hoping for a bear flag...seems almost too easy...

 

risk/reward scenarios favor the bulls, for a massive rally.

 

YM, ES, NQ all swung to new intraday highs near 11:30, But what's with the ER2? it's ugly.
Anyone have any idea what's weighing on the ER2?

 

fading the fear trade...

fx/credit/equities/oil/gold

 

i don't know. Where are all the bargain hunters? Goldman is rescued, Fed pumps in more liquidity and we're barely able to top Friday's high?

Shouldn't we be 10 points higher at least?

 

Behind every silver lining is a dark cloud...

CNBC's headline: "Fed Rate Cut Appears Less Likely As Credit Markets Stabilize"

News is noise.