ES Journal Archive (2006 - 2008)

When it is a Step Down Day, you should only take longs when we are at the lower BB or close to it. Or when we break out to the upside, like yesterday.

Today your entry was asking for it...

 

Just curious but exactly what is SDD and what are the criteria used to define it?

 

Pek, it is not a SDD until after the fact. The day is not over yet.

 

L863.5 off 10, s~5, h/s-10

b/e

 

11/12/2008 14:31 *DJ OIL FUTURES: Nymex Crude Ends At $56.15/Bbl, Down $3.18

No wonder Russia dropped 12%

Brazil down 6%



hhhhttp://custom.marketwatch.com/custom/tdameritrade-com/html-story.asp?guid={b4dd6f64-8309-4920-8434-3345b57b9484}

 

Long 863.00

Initial stop 855.00

 

It is an SDD when I predict it. Was it 10 am?

Description can be found in the "ADU timeline" thread....

P.S.: October had 6 SDDs, not surprizingly....

 

Looks like Goog wants to make a run for it this afternoon.

Could be a nasty close

 

Let Russia drop off the earth. I wouldn't miss them.

 

Yeah you could have controlled Europe if it wasn't for those F$$kers