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  1. J

    ES Journal Archive (2006 - 2008)

    Got to break above 1026 If not and it moves down takes out 974.5 then it may fall fast and hard. But that 970 - 980 zone seems to be holding, so far. I don't know what is the fastest ever 200-point SPX rally but this forthcoming one may be record-breaking, from 963 to 1160 or higher.
  2. J

    ES Journal Archive (2006 - 2008)

    Violent wild swings mark a bottom I expect a bottom by Friday or intraday reversal on Monday but the bear is having a great time, for now. It's been a good run fotr the bears but all good things come to an end. Enjoy while it lasts, the last bear hurrah for a few weeks. But, markets not out...
  3. J

    ES Journal Archive (2006 - 2008)

    huge rally - ES back to 998
  4. J

    ES Journal Archive (2006 - 2008)

    sell remaining 5 @ 1008.75
  5. J

    ES Journal Archive (2006 - 2008)

    Sell 5 @ 1007
  6. J

    ES Journal Archive (2006 - 2008)

    Bot 5 Es @ 1008 Looking for another 5 @ limit 1003
  7. J

    ES Journal Archive (2006 - 2008)

    closed remaining 2 @ 1016
  8. J

    ES Journal Archive (2006 - 2008)

    close 3 @ 1017.75 stop on remaining 2 @ 1021.25
  9. J

    ES Journal Archive (2006 - 2008)

    short 5 @ 1021.75 Tight stop on this one, looking for 3 or 4 points
  10. J

    ES Journal Archive (2006 - 2008)

    Be on that one Seems to me that if we hold the low so far today we can rally last 30 minutes BUT, market looks weak, likely to go to 950 to 960 for an IT low
  11. J

    The OIH . . .

    OIH is good but i prefer USO --- volatility, liquid, big swings, good OPTIONS volume; proxy to trade Crude futures without being robbed by the vultures in the futures pits and lower margins. todays range : 74.13 to 70.78 52-week hi & lo : 119.17 to 60.19
  12. J

    ES Journal Archive (2006 - 2008)

    BE stop @ 1033.25
  13. J

    ES Journal Archive (2006 - 2008)

    long 5 ES @ 1032.75
  14. J

    ES Journal Archive (2006 - 2008)

    closed at 1033.25 Skittish market Looking for another long on pullback
  15. J

    ES Journal Archive (2006 - 2008)

    Long 5 ES 1020.75 Will scale in more longs down to 1000
  16. J

    ES Journal Archive (2006 - 2008)

    Had 3 trades today but no big deal, a net of 3.25 points. I am a bit wary of going long or short here - but I I look for a long at 1020 or lower, or a consolidation around 1030 to 1045 where it is now, with a probable long on a breakout above 1045. I will consider a short on a...
  17. J

    500-point bounce off the lows is NOT a bottom?

    I don't go for these conspiracy theories but... the sharp rally could be because the the Plunge Protection Team (PPT) intervened. Yes, there is a PPT within the FED establishment. I trade the markets and am not concerned who or what caused the markets to move but I remind others that...
  18. J

    500-point bounce off the lows is NOT a bottom?

    and 50 SPX points bounce off intraday lows is not a bottom? I think it is. Expect a retracement and possibly a retest of lows but WE MAY HAVE SEEN THAT ELUSIVE Intermediate term LOW. Consider what happened during the past few months: all the gains for the last 4 years have been wiped out...
  19. J

    Cramer calls for Dow 7700 and SP 800

    a perfect contrarian indicator is CRAMER. Tons of shorts trapped with 50 SPX-point rally in last hour. S&P futures surging.
  20. J

    ES Journal Archive (2006 - 2008)

    I am fully invested in the market now, with a marked to market loss of about 43,000 @ 2:47pm I expect to realize at least 150K profit by end of November.
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