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  1. L

    ES Journal - 2013

    Lojanica 08-28-13 05:24 PM Hi all......Pain trade is up..... Covered this am on the fake out down. That was a good call. My reason for not following through for the entire week was the syrian wildcard on a long holiday weekend. For those who did hold longs through the weekend and...
  2. L

    ES Journal - 2013

    I'm with you. From late 2002 to 2007 market made gains without significant correction for 5 years. That was the definition of the "Central Bank Engineering." Now we are 4 1/2 years into a bull without a correction for 2 years. This bull ain't dying yet but the central bank...
  3. L

    ES Journal - 2013

    My suspicions with regard to a continued slow rise were confirmed with weakness today. But I am staying flat onmy swing/daytrading account through the holiday weekend. I seee no edge. My longterm account is short and has been for over a month. I will continue holding the short. Done...
  4. L

    ES Journal - 2013

    True dat. I hope your position is profitable. I'm flat now so I'll revisit the issue an hour or so before the NYSE open manana.
  5. L

    ES Journal - 2013

    Big wildcard going into the weekend with Labor day and Syria and.... I preferrred to let the overnight market swivel and gyrrate without worrying about an overnight. I had thought that we would close the 1650 gap but market still looks very weak.
  6. L

    ES Journal - 2013

    Selling long to close position ( from 2 day swing @ 1625 buy from open 8/28)
  7. L

    Key reversal

    Sold Grek a while ago. Would like to add to grpn but it won't even pullback enough to allow a decent add. I'll wait for the fall washout
  8. L

    ES Journal - 2013

    Not a bad swing trade so far.
  9. L

    ES Journal - 2013

    Close not very helpful. Not many longs initiated nor new shorts. Basically an inside day portending increased vol soon and with a broadening formation and many macro and geo-political events will be good trading conditions for daytraders for the next few months.
  10. L

    ES Journal - 2013

    Close will be interesting
  11. L

    ES Journal - 2013

    Hi all. Trading ES for a while. New to thread. Pain trade is up. FYI. Covered this am on the fake out down. If war breaks out we could spike----counterintuitive but that is the pain trade. Skewer the shorts at the support line as drawn by other posters above. Then I see as the...
  12. L

    Key reversal

    I was asked another question. Syria? Typically markets rally with the onset of war. Initially there is a panic sell-off and risk assets are shed with a flight to safety which we are seeing now. The Pentagon and White House said "Proof coming Thursday" of WMD's in Assad's Syria. Long...
  13. L

    Key reversal

    I was asked why the change on the low. Simple. 200 day moving average. Many look to the breech of the 200d MA as the signal for the start of a bear. I do not see a bear market unfolding this year unless we have an exogenous event. The 200d was 1460 at the time of my call for a low of...
  14. L

    Key reversal

    weekly low 162.5 Target low for this move 160.5 Then up for a while until the second half of the dwonward move to 1530-1550 this fall. (Could be lower. I think that's a minimum) My original target was 1450 but that was revised as the market has shown resilience. Cleanest dirty...
  15. L

    Key reversal

    Lojanica 07-18-13 11:50 PM Quote from Trader.Fighter: When you say sell, you mean sell the longs, short, or both ? Market was @ 169.23
  16. L

    Key reversal

    Market clinging to a hope at best. "Buy the Dip", really!!! Maybe not. Labor day, Bad time of Year for market, Oil, Syria, Housing Bubble, consumer confidence. Sheesh and we're still levitating. Correct already so we can move ahead with new money to push to a better, brighter...
  17. L

    The best traders in ET

    High volume sell-off taking oout the sell stops. Second run at stops then a 1% rally hitting the stops going the OTHER WAY. Classic rattling of the loose change floating around. How else are short term professional participants gonna pull the rake across the table day in day out. Old...
  18. L

    The best traders in ET

    Like today's double pump fake long bomb with the FED script...
  19. L

    The best traders in ET

    Knot at you my good friend. Simply restating your composed thoughts in a more direct manner. Have a good day
  20. L

    Fed's Bullard: No sign of major asset bubble

    They're trying to telegraph ain't gonna be no waterfall sell-off Monday.
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