33 replies to this topic

[arbman]

I think the week closes up well though.

[orange]

I think the week closes up well though.

A trip to 1220 is a buy

No major down for at least a week imo.

[arbman]

At some point, it will kick some speculators' butt, I hope I will be out by then. I am looking for low 1230s and then a trip lower. The b/o came later than I expected, probably it will last longer now though, it spent quite a bit time to absorb the supply and shake out the weak hands and speculators on Friday and Monday. Even after those though, it is still a very speculative market.

Edited by arbman, 07 December 2010 - 03:33 AM.

[arbman]

Wow, looks like a fake out already, it needs to snap back up from here to 1126-1128 zone... Was this only a stop run?!?

Edited by arbman, 07 December 2010 - 03:36 AM.

[arbman]

Closing longs at ES 1233.5 and flipping to a small short to test 1228-1230 from above., Actually, this is probably an exhaustion gap...

Edited by arbman, 07 December 2010 - 05:20 AM.

[zoropb]

ES 1253 neighborhood Weds 11:45-2:15 pm followed by a 30-35 point correction. followed by 1270+- and maybe as high as 1310+- Jan. but one day at a time. May get funky around 1239-43 today. Just guessing as usual.

[orange]

Closing longs at ES 1233.5 and flipping to a small short to test 1228-1230 from above., Actually, this is probably an exhaustion gap...

Nah, I think it will hold today. I missed it though. I put an order in to buy at 1220, looks like I was already too late.

The chances of closing below yesterdays close within the next 5 trading days is quite small. If this gap closes, I'll be buying in the short term.

[q4wer]

1253 ??? that is big imagination

[q4wer]

we may close the gap now.

[zoropb]

1253 ???

that is big imagination

Hey what do I know? like I said a guess.