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To: Moominoid who wrote (138440)11/11/2006 7:19:06 AM
From: Walkbarr  Respond to of 209892
 
I'm in your camp Moominid,

The rise from 1380 to 1385 on the ES Dec. Friday afternoon was on very weak volume. Looks like all the traders took the afternoon off.

I would have to wait for Monday to see if this can continue up, but my guess is that we are heading lower.

JMO...



To: Moominoid who wrote (138440)11/11/2006 8:12:46 AM
From: skinowski  Read Replies (1) | Respond to of 209892
 
Sorry do disappoint - I am not bullish. A couple of us are still having a cup of tea in the Neutral's club. If this current bounce turns to be a consolidation, I'll be bearish. For the moment, I do not have enough evidence to determine whether the little thing down of the last two days was a "fresh" impulse, or just a "C" of a Flat, as MC seem to be inclined to think. And the trend - on the hourly and up - is still intact.



To: Moominoid who wrote (138440)11/13/2006 12:39:11 PM
From: Jack of All Trades  Respond to of 209892
 
David, we took out 60min ES fork on Friday's close, and today we are holding the midtine on the modified schiff from the same pivots, we should now move back to the recent highs... JMO