ES Journal Archive (2006 - 2008)

I just got back from lunch. Wow! I guess this market is ready to head lower. No 2pm bailout coming? I say she collapses hard on the close. no way that the bipartesan deal is going to go through as is.



still holding YM & ES shorts. moved stop to breakeven just in case im wrong on this one.

 

Short funds have 2 days to liquidate their longs (no short allowed!) to push everything lower so that they can recoup their losses as soon as they can - before their reporting to clients by quarter end

2% is not much, just 24 pts ... so the target is just 1187 + 24 = 1211 or so.

 

Thanks LC


Did you join before or after September 11?

 

60 min chart looks to heavy. If ES takes out 1201.75 then I'd say YUP. your price targets are definately in play.

 

ok,
stopped out for a small profit.

 

NQ hits 1680 but ES failed to confirm.

 

Don't understand?

 

LC in your profile on the left of the posts to the thread it has
registered: Sept 2001

 

Got it now.

I joined long before that. It was modified when my handle was modified to reflect that our company is an advertiser.

 

I see, you must be a wealth of knowledge.

I saw your posts in the Ultimate Dax scalping thread.