ES Journal Archive (2006 - 2008)

1. from previous close. within 50 pts now

2. depends. it stays at the limit price and can bounce off that if bids come in at that price. otherwise a break of 5 min to start.

3. depends. if uncertainty stays, major gap down can happen as in 2000. many times, however, you see a major bounce.

Lawrence

 

ImPO good buy area, small risk

 

ES trading like on fomc announcements

 

The process started.

 

BETTER

But why? Bailout out?

 

Force the hands of all parties. Job's done.

 

Vote started.

 

Thanks Lawrence.

I thought that somebody proved that world is ending in 2 months and it is just a bit political pressure...

 

tl on daily spx ,8/15/07and 1/23/08,lows, support near 1122

 

The outcome is very hard to predict, either finish an up day or we go to 1080 as I said before in this thread.