ES Journal Archive (2006 - 2008)

shorting 75-79, trying to weight it closer to 77, will base stops and profit on next 15-30 min of pa.

 

Added additional short @ 74.75

Stop still intact at 76.25

 

Looking to short at 882/886 R1 area


if it gets there.. there's also a "camel" or some beast in the 5m MACD chart

 

I think your camel is about to lose its head. Not that I'm short or anything.

 

i noticed that too.

when i was in europe is was easier to trade around this. back in u.s., i'm not about to stay up all night just to trade!

west coast also easier, in a sense, to just stay up till midnight to play the 3 a.m. move.

 

So who thinks (beside me) we'll slide all the way down to hell from here? Ya better hold on to that camel because it will be awfully hot down there.

 

NQ rejected to fill gap.

Up trend line broken.

What's next?

Another miracle mini rally now or test of opening range bottom ...

 

It still ain't worth it. Price moves without reason or rhyme and volume is just crap.

 

i think we are going down to 600 area and i think it will happpen like a 10 car pile up, i'm just wondering when, 1942,74 and 82 lows, tl comes in at 550-560, spx.....1929,1987 highs tl comes in around 800,broke it on 11/20 and 11/21....rallied 100 up to 897 and now we are starting to roll over if you look at the tops since then ,sort of a big rounding top

 

Probability of that happening by the end of 2008 is small. Unless there is some unforeseen event by the end of the year.