ES Journal Archive (2011)

Gap down!!
Market in deep trouble?
Shorting=free money, im thinking!

 

i dont watch em like a hawk,but LC does,his piano is in tune

 

I think we have a shakeout day on our hands. We'll see.

 

Premarket has cooled off and went sideways. Good luck to all tomorrow

http://www.cnbc.com/id/17689937/site/14081545/

- Link to CNBC Premarket Quotes

 

Checking to see if I found it. Gap up from 9/10/10 to 9/13/10?

 

That gap puts ES at 1120s

Am talking about the one left open in Oct 2010

 

Thanks man.

Tonight's action is no way similar to that we got last week.

Something's cooking.

 

So how low do you see us going this week, technically speaking?

 

Posted in my site over the past 2 weeks that we are locked in the 1987 style sell off.

Tonight is the showdown day.

Last time it was called Black Monday.

Never happened again as the Fed, etc. has many tools on hand to force the mkt to snap out of the selloff pattern on Friday.

They failed this time.

Vol's target is the only price point that Fed can stage a bottom now.

 

Vol's HS target is the same as the gap fill zone below.

Interesting?