ES Journal Archive (2006 - 2008)

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

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  1. For the last 2 weeks, this market completely ignored all bad news and rallied solely on the expectation that Uncle Sam would bail out Detroit. I'm pretty damn sure that will likely happen even against every opposition from the GOP, but then this rally would also come to an end. Remember that stale but priceless adage, "Buy the rumor and sell the news"? Very blasé, but so true.
     
    #50041     Dec 11, 2008
  2. Pekelo

    Pekelo

    Unless you missed the touching of the SMA part. We touched it, didn't we?

    Now as a compliment, I will put you on Ignore, because your calls messing with my mind. It really is a compliment! :)
     
    #50042     Dec 11, 2008
  3. volente_00

    volente_00


    Wonder what else is significant about the 850 area ?


    :)
     
    #50043     Dec 11, 2008
  4. Spectacular decline in after hours session....

    Markets fell off the cliff

    ... and still falling...
    ......
    .....
    .....

    Now at 853

    I am tempted to trade now.
     
    #50044     Dec 11, 2008
  5. Anna K.

    Anna K.

    fibonicci retracement? :confused:
     
    #50045     Dec 11, 2008
  6. :D :D :D

    I'm totally flattered. My crystal ball is, however, still up for sale should you change your mind. If you can't afford it, heck, I'm even willing to offer a flexible lease option.

    Be that as it may, I'm somewhat disappointed. You made it sound like your memo is one-size-fits-all infallible system that nobody should trade against or risk losing money at their own expense. Well, I'm now convinced it's either all-too-human or still work-in-progress. Anyway, I mean that as a compliment as well, which shouldn't be overlooked. :)
     
    #50046     Dec 11, 2008
  7. Pekelo;
    Hoping you see this in case you really did ignore him. I enjoy and learn reading you both. Thx. Sorry to the OP for this non ES specific message.

     
    #50047     Dec 11, 2008
  8. Lc may get his limit down tomorrow. I said the bottom of the range, not the end of the earth.


     
    #50048     Dec 11, 2008
  9. Pekelo

    Pekelo

    It is probably the Madoff 50 billion Ponzi scheme news. I am sorry, I can't predict fraud... :eek:
     
    #50049     Dec 11, 2008
  10. Could you use a traveling companion? I'll be happy to keep you company, all the way down to the gutterville. :D

    BTW does anyone know when the circuit breaker will be lifted were we to go limit down?
     
    #50050     Dec 11, 2008
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