ES Journal Archive (2006 - 2008)

Discussion in 'Journals' started by Buy1Sell2, Mar 2, 2006.

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  1. ammo

    ammo

    sal i agree, but the range for sep is 1303,1220,we're still going down but if all the sheep are short,the shepherds will take it back up
     
    #42961     Sep 5, 2008
  2. My prediction:
    1. We will rally big and end well in green

    or

    2. We will close widely around 1760
    NQ and 1224 ES and this close will be swing bottom (as minimum for next week).

    If 1. will happen than it will be tested more carefully but still it will be about double swing bottom.

    I strongly believe that buying todays low will be very profitable (unless will not happen some real disaster during weekend).
     
    #42962     Sep 5, 2008
  3. John Murphy has a book called Intermarket Analysis, kinda dated but gets into what you are talking about; he relates how bonds effect commodities to stocks, etc. You may want to check it out. Remember the USO trading at 45? The idea is commodities ultimately drive up bonds, etc.
     
    #42963     Sep 5, 2008
  4. gwac

    gwac

    stage 6
    commodities go down

    stage 1
    bonds turn up (stocks and commodities falling) right now

    stage 2

    stocks turn up (bonds rising, commodities falling) soon

     
    #42964     Sep 5, 2008
  5. All the sheep were positioning long with talk of 1320, and now they are waiting for their chance to short.

    Remember it's always best not to have any sheep on board as they only impede the move, they always take profits to early.

    jagmot is the black sheep :D
     
    #42965     Sep 5, 2008
  6. This current market meltdown is looking to test support and crash right through it!!!!!!!!
     
    #42966     Sep 5, 2008
  7. One thing to keep in mind is that indices now jump to their respective s/r levels much faster than before.

    A 2 week move back in 2002-2003 can be accomplished in 2-3 days now.

    If we are going to bounce, it will be done fast - like now, or never.
     
    #42967     Sep 5, 2008
  8. what time does trading over in London/and euroland end?
    (in US east coast time)

    TIA
     
    #42968     Sep 5, 2008
  9. gwac

    gwac

    nq is down 175 points since tues high or 10%, with no sign of stopping. Its a controlled panic....




     
    #42969     Sep 5, 2008
  10. dax 11:30 est during DST
    12:30 est winter
     
    #42970     Sep 5, 2008
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