this thing needs to get moving on up. I think it might be up 20 points or so everyday leading upto Christmas. Im tempted to hold my last trade longer in case we just keep going up and it doesn't even give me a chance to get in long again. Im moving my profit target to join paulalen so wont close this long until 1231
very unlikely, but a gift from the Gods would be a drop down to the 1200 area. That will bounce lovely! Would need some very bad news or something to get it all the way down there though. Good luck today.
No, not likely...have a feeling he has gone to the liquor cabinet...still there until December....:eek: NiN
thanks. Feel like a kid in a candy store! The ES is my kind of instrument! Its upside bias is astounding! You think we'll hit your 1231 today? You think the santa rally has started and we could see 1400 this year?
I think its safe to go long anywhere here and make some money. You may get some drawdown but the market will bounce back and pay you. But personally, im gonna see if I can get a dip to get long into for LOTS of points. a 6-8 point drop or so is possible (but unlikely) but if it happens it'll be an amazing opportunity to get long for another ramp. ps - good to see you paulalan! blast from the past. I remember being well sub 1000 ES and you were battling with the whole ESjournal who were bearish (as always) saying +1000 was a certainty soon, and then some. They all said you were mad, lol!
Yeah I noticed that too. Everything else is going down, but the ES keeps going up. Amazing!!! Unrelated: 2nd gap has just closed....