ES Journal Archive (2006 - 2008)

stops runs now,


run at 73

 

Long on flag breakout, looking for 1478.

 

Don't you think closing gaps is a given since prices don't normally go one way forever? So basically, saying a gap will be closed without saying the duration is saying that it will eventually rain?

I wonder if there's ever a point from the history of trading that a gap hasn't been closed?

 

Enron
wcom

 

I have re-entered short, looking for DT to take place, indicators lower, small stops

 

Maybe but some take more than a lifetime - south sea bubble, trading was banned for 100 years. :eek:

http://www.caslon.com.au/boomprofile2.htm

 

This market is super resilient today????? Wall Mart is downgraded to sell yet the markets keep going up. Where is the logic?

 

I think it's like a battle ground at the moment, if longer term charts print lower prices world markets can go into major sell mode, so bulls are trying to hold ground, ImO.

 

It's T day saxon !

 

It seems the Bulls are holding the fort at 1468 line


and doing a good job at it.