ES Journal Archive (2006 - 2008)

mkt seems to be shrugging off the bad news?

 

Someone intentionally popped ES up above 66 so that it "looks" like a reversal.

As long as stocks are not bought (i.e. in RTH) at the better level (830 or less), liquidity is not removed from the mkt. All up moves will be short lived.

 

i sure hope your right. all of this govt manipulation is mind boggling. they really need to let the mkt alone but i know that they wont.

 

All it takes is a big fish in a little pond and you don't need a government to do that. Don'T let your imagination wander to much.

 

seen this pattern way to many times usually a failure pattern. Good trading.

 

No imagination in 700B.

 

My schedule says if we keep falling, around 11 am is a good time to go long...

 

First target 54.5 hit.

 

Your certainly putting a lot of faith in that little bitty amount! These markets have been manipulated in the past and will continue to be manipulated into the future with or without the help of the fed. Like I said all it takes is a big fish in a little pond.

 

http://cartadiem.com/charts/08-08/E-Oct28-01.png