ES Journal Archive (2006 - 2008)

I am still waiting for an answer on this one. As Mandelbrot would say "Markets are lumpy".

 

would love to go play a quick 9 holes during lunch... anyone up for it?

 

it`s to dark!

 

well i know Mbusch in on the west coast.........his Concord could be in Canada in just a few hours & be there for Tee time.

 

so far an inside day on the daily but they are offerring on/near lo`s......kicked my longs in the am session & glad i did......very surprised we could not even trade the 40% but i believe we will see 21/23 before we see significant new lo`s.

 

long spy $149.50. stop $149.00.

 

this is the same exact price that the PPT stepped in on 10/24 to save a meltdown.....& to prolong the inevitable......let`s see how this level reacts....critical level here.

 

The thing is if you take out Citi, there is not too much news, so we may drift in this zone for a while.

 

here we go on the OVB/IVB set ups....15/30......stochs bent south

 

possibly a long in the 1494-1492 area.... but this market is very weak and vulnerable... I would wait for some confirmation like a DB before just throwing out orders


ahh here they come rushing in to save the day.. covered their shorts in the panic.. this market looks poised to break higher then 1502 before next resistance

no entry signals yet.. just watching pa one more low with vol confirmation and an immediate revesal will be an entry for me