ES Journal Archive (2006 - 2008)

We just had an upside down dragon formation with doubletops (instead of doublebottoms). The Dow chart shows it better. The height of the M was 100 Dow pts and once the short failed, it went higher by 75 pts, before failing for good.

75, 100 pts, close enough...

Here it is:

 

I'm BACK!

Trendline support at 855. If that breaks, we'll be on the highway to hell.

 

Bulls are fighting to keep their turf!

 

me too in full swing! i might have to get a job after today, lol. i had a nice 6 month run!

 

GOOG should head for 270 level, but we see buyers every time it drops $10 ...

Edit: Implies a new low for NDX on daily

 

rimm is ahead of itself...alot of call buyers show they might slap it down alittle.

 

777 is the magic number?

 

So are you happy now?

Never underestimate the bears!

 

For journal integrity purposes I could not post management in time. But I do not let net 50+ point net gains go negative. There is plenty of room in the meaty part of the move to stop out +.

 

22 pts range?

Amazing strength so far to hold up.