Here it is.
Al Kamego
JI
jimkane
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Posts: 33,089
A little more shaking, three more ticks, but that was it, ES finally hit 1244 at today's high. Nice little ES trade, if one was patient.
Originally posted by jimkane
Wow, they are hitting that 28.00 low really hard here. Note that that is the 1.618 price projection off the failed ABCD from the 1230 area. It's now retesting that breakdown point from below. Clue time.
JI
jimkane
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Posts: 33,089
GC hit 1682 (rounded) with a nice ABCD on the way up, before the big 'risk off' dump across the board. Too bad I didn't post my levels. Nice little GC trade, in my opinion.
Originally posted by jimkane
The GC triggered at around 1659. Let's see if it can really do anything, though. You'd imagine it would explode when Bern-Qwacke announces another hundred trillion in funny-munny tomorrow, but that seems so obvious. Perhaps the government manipulators will just keep the downward pressure on it.
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jimkane
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sirios, what timeframe are you looking at here? Just so I can be sure I am looking at the same thing you were when you posted this.
Originally posted by sirios
Jim, do you see any problems in this big W2 on ES ? I think they want to build TD in CD leg but buyers will do not allow to do that and probably we stay with EXP.
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jimkane
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Posts: 33,089
If we get an upside resolution here to this 'congestion' as we await about $650-$700 billion MBS announcement, I'm watching 40, 44, and 48, appx, center of areas. I expect it to start up very soon.
