Where is ES Headed?

Discussion in 'Index Futures' started by The Answer, Jan 12, 2004.

  1. Up Up and away. Actually I think I will reply in a couple of weeks. Right now it could be either down or up IMO. Could just be a short term top or a longer term resistance.
    #11     Jan 12, 2004
  2. Pabst, are you and The Answer one in the same?
    #12     Jan 12, 2004
  3. Pabst


    Iverson is a little quicker than me.:D
    #13     Jan 12, 2004
  4. would bet the Ranch selling short here!

    But then again, 73% of the public still believes that Saddam was behind 911.

    #14     Jan 13, 2004
  5. ktm


    Not betting the whole ranch, but I'm short here. Too many reasons to be short, not enough to be long.
    #15     Jan 13, 2004
  6. If your not long, your wrong.
    #16     Jan 13, 2004
  7. ktm


    What's your time frame?
    #17     Jan 13, 2004
  8. Tried to pound the S&P today, but the Bulls were able to make a stand and bring the market back impressively to a mere -7 point day in Dec. S&P.

    #18     Jan 13, 2004
  9. Pabst


    The last 2 years the market has collapsed the second half of January. Until 1133.00 is penetrated I want to be a seller.

    P.S. Wags; I told you Sunday I had that as a BIG number. I think it's primo resistance but also on strength will be a great pivot.
    #19     Jan 13, 2004
  10. I'm with ya Brother on the 1133

    After that, I can see 1161 which Prechter tells me is a 50% retracement of Wave 4.

    In any event, should the Dollar turn here ( and perhaps the strength in Bonds is trying to tell us something here ) maybe we will get a super strong, and quick Moonshot up to challenge the March 2002 high of 1177.

    But until we break above 1133 I'm with ya!

    #20     Jan 13, 2004