ES Journal Archive (2006 - 2008)

Hi DMartin-

Nice to see you back. 1560 is based on a forecasting method I came up with after lots of programming and backtesting. It seems to work quite well. Is also why I hold short to 1488 if long failed at 1503 which it did.

 

When I initiate long or short positions, I always have a forecast I look to hold to. Helps quite a bit in riding the waves.

 

We hit 1488. I now look to enter long again and if it holds, I look to hold until 1560 forecast.

 

Yesterday I knew based on forecast we would have a 44pt run either up or down to 1560 or under 1500. I knew I wanted to be long under 1500 or short @1560

 

if you track down the newswire source, you will have your instigator...

 

ben`s bullshit is wearing thin as usual.......pre market ramp to screw shorts worked on some but not all as we`ve offered down all day so far.......i have absolutely no confidence on the long side here..........massive enima on the way.

 

notice the activity on the volume under 1488.

 

Similair story on Crude. Forecast predicted we would go to 93-96.
So I will look to initiate short at those levels.

 

notice the FED/investment banks/media... intertwined market manipulators.

 

This chart is like deja vu.