ES Journal - 2012

[gmst]

Starting to build another long position.

Entered at

1411.75, 1410.75 and 1410.25 for average of 1411.25.

Will add more if we get below 1410. Target 1418+

 

[gmst]

Quote from gmst:

Starting to build another long position.

Entered at

1411.75, 1410.75 and 1410.25 for average of 1411.25.

Will add more if we get below 1410. Target 1418+

Seems like big move on tape - added at 1413, hopefully I didn't get spooked.

Aver price = 1411.75

EDIT: Added more at 1413, 1409.5. Now at full position.

Av price = 1411.6.

 

[Trvlwanderer]

eur is pinging a solid trendline

indu looking to close it's lower gap.

Not anxious to add to positions at this point.

Re-test of 1400 anyone?

 

[fishing]

let's break 1400 and get this selling overwith

i hate seeing markets going down

 

[Trvlwanderer]

financials and trans gaps filled, indu and naz up next. eur bounced from tl.

ammo?

 

[Lespaulr0cker]

Quote from fishing:

let's break 1400 and get this selling overwith

i hate seeing markets going down

I'm in the "we need to visit 1300's" camp.

Pullbacks (not crashes) are a process, they take some time to play out.

The odds are very slim to get this close to a century mark without crossing it at least one time.

 

[ammo]

http://stockcharts.com/public/1094617/tenpp/1

 

[Trvlwanderer]

Quote from Lespaulr0cker:

I'm in the "we need to visit 1300's" camp.

Pullbacks (not crashes) are a process, they take some time to play out.

The odds are very slim to get this close to a century mark without crossing it at least one time.

1400 will be a rough triple bottom on a short term scale and would likely generate many buyers....the net result? Who knows....but an obvious buy point nevertheless.

 

[ammo]

Quote from Trvlwanderer:

financials and trans gaps filled, indu and naz up next. eur bounced from tl.

ammo?

market is misbehaving, tells of a turn?, ship unloaded longs, loaded shorts, ready to leave port?

 

[ammo]

all time blue line