ES Journal Archive (2006 - 2008)

Discussion in 'Journals' started by Buy1Sell2, Mar 2, 2006.

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  1. If we close here, we'll be making a helluva lot of new lows in the days to come. I'll be cheering for ya bears! :D
     
    #48301     Nov 17, 2008
  2. So the ugly duckling is finally coming home to seek revenge. Some heads are gonna roll to your delight I hope.
     
    #48302     Nov 17, 2008
  3. kamek

    kamek

    whoever listened to me made bank...i had a order end but it ran from me :( i wasn't finna chase. oh well 4 more days
     
    #48303     Nov 17, 2008
  4. Pekelo

    Pekelo

    I think 780 is 50% from the all time high and 760 is 160 pts from the dragon failure, so a target between 760-780 for the low of the year and bounce sounds good....
     
    #48304     Nov 17, 2008
  5. I've been saying that for months. I am concerned that 7000 is no longer the floor, due to news events coming in early 2009. But for now...
     
    #48305     Nov 17, 2008
  6. Forget the fib. Instead concentrate on the 2003 low, which stands at mid 760-ish. There will surely be a buying frenzy by the same delusional bulls we've witnessed of late.
     
    #48306     Nov 17, 2008
  7. Pekelo

    Pekelo

    #48307     Nov 17, 2008
  8. Decel

    Decel

    Isn't it falling a tad fast though? I expected a decent bounce before falling further. Also, with everyone eye-ing 760, wouldn't people jump the gun?
     
    #48308     Nov 17, 2008
  9. I've been in an AH trade slump recently... gotta hang tough though.

    Long ES 848.25
    stop 846.50
    target 855.25
     
    #48309     Nov 17, 2008
  10. EXPIRATION PROBABILITIES

    I cannot remember an option expiration where
    the markets devlined during 8 or 9 consecutive days prior to
    expiration Friday. As of today the markets have
    declined 5 of the last six days ( or 6 of the last 7 days?
    it was mentined on Bloomberg).
    It is highly probable that there will be a bounce - maybe not a
    gap up and ADU day but more likely intense selling to
    SPX 800 or thereabouts and then a sharp reversal for at least
    2 days.
    Traders should be on the alert. You can get the MAX PAIN values on several web sites or search ET.
     
    #48310     Nov 17, 2008
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