ES Journal Archive (2006 - 2008)

It ain't gonna happen because if what you say is true, it should have already happened. We're in some seriously vicious downward cycle.

 

I have the same feeling.
If I will be PPT - and have enough power - to calm everything i will close this misery not bellow 900 /looking at last rallies I need just 5 minutes prior close/.

Big question is if there is enough power to do it. If will selloff start prior close nobody will stop it. Everybody remembers what started Friday after 700B bailout.

 

I thought we weren't talking about the ppt.

 

Here we go. This zone is critical.

 

Short 1211. Stop around 1218 or so.

Target 1190 or so.

 

I'm loving that failed rally. Stop moved from HOD to 1216.75

**adding to position soon***

 

any one h& S pattern on 5 min chart

?

just making sure..

 

As I said, continuation sellers are targeted ... could be a very profitable strategy if you can move the market 2 to 3 points at a time.

That breakout upside from 74 illustrated the point.

 

potential DB on Nq scares me more than that.

Whew. Glad thats over

 

ES still holding its 50% level of the day

Edit: Cleared!