ES Journal Archive (2006 - 2008)

original SL moved, but irrelevant now.

trade covered 908.75

 

I guess 919.25 in about 20 hours since the prediction ain't that bad, after all....

 

I suppose you are the new Soros?

 

Taking half off at 902

 

covered half at 905, add sh 09

 

C'mon, baby, come to papa. Let's settle below 900.

 

big ledge at 896 to take out in ah

 

So, what ya think? I'll let you know what's in store for tomorrow once this unreliable crystal ball spits out anything.

 

Soros is a macro fund guy... Although Pek is not Soros, (and who is?), his market insights on trends of the day and the big picture are pretty damn good.

He's not wishy washy about his expectations either. I found his ADU and SDD Day Trends to be useful. I'll require more evidence to consider a reversal in play if I see those days developing.

I am thankful for his contributions.

Stone

 

Gap held up fine. So first half of exhaustion gap completed.

For the 2nd half, need to see gap down tomorrow with a trend sell day.