ES Journal Archive (2006 - 2008)

Well, at least, it's consoling to find 865 in your projection range. That's where I plan to unload. Good luck (for you and me alike).

 

The island gap is holding up the drop.

 

When you have time could you explain, why it's holding up and just not running to fill it ?
Thank you.

 

Vertigo pointed out that there is an island formation of 5 trading days where it started with a huge gap down from 886, then gap up huge 5 days later and ran up yesterday.

That makes 886 area a strong support area. May take more than one try to break it.

 

that excerpt was very helpful. thanks, bb.

 

Betcha some of ya got shaken out on that pop.

 

and you didn't

care to elaborate why?

thanks.

 

I'm here to stay, otherwise B/E (917.75). I think I've been contaminated by B1S2.

Seriously, as of today, this market is toast IMHO.

 

exit all but 1 at 88, tried for 84.50 but no fill, stop to be on last.

 

Very nice trade. Just the way I like em... taking no more than a couple points of heat and reaping big profits.