ES Journal Archive (2006 - 2008)

i think that the selling pressure will prevent that from happening.
too much fear and worse earnings outlook. that aggressive rate cut this morning was a push on the panic button. if the gov't panics the people go bizzurkkkkk!!!

 

exit 31.50, getting close to some major support, early buyers.

 

long spy 93.30 stop 92.80

 

long ES @ 925.5

 

watch 912-918 closely... nice support

 

stopped out.

 

need to take out wednesday oct 29 $SPX 922.26 low.
after that the next support is at 845.27

 

out at 929.5

 

yes, and 50% retracement at 916.75

 

yeah, looking for support in 910-920

and run up back to S1 @ 936