ES Journal Archive (2006 - 2008)

updated..

20% 840 = 840-1008

so an even 1000

 

these are ballpark #s,in 1929 dow fell from 358 to 195, a 55% move,it then rallied to 267 (october thru apr), a 36% move,it then fell to 40 from 1930 -1932. spx 1540 t0 840,55% move. spx 840 to 1120 , 36% move.If we get there or at least in that ballpark. After that we will hear what they haven't told us yet.

 

S937.25, s~2.5, h/s+10

-2.75

 

S940.75, s~1.5, h/s+10

-1.5

 

Interesting stat... 60% of gaps larger than 2% have the market close under the open price during the same day.

 

S946.5, s~3, h/s+6

Scaled out 2/3 +5 no prisoners

 

1/3 +9.75

 

Maybe its better to consider the gap against ATR ?

 

Bush is speaking, let's see if the automatic short works, (954)

Edit: That was very short with no effect...

 

10-10-08 01:47 AM
FYI,

The same system that flashed a crash coming back in July 07 just flashed a buy when we hit the 880s.

Major bounce coming for sure over the next week.

10-10-08 03:35 PM
Somebodys a buyin big.

Still bouncing. 970 should halt the run temporarily.