ES Journal - 2012

[chaykapwr]

Quote from volente_00:

I hope no one takes you serious you entered and exited several "swing" trades after you announced this.

And if this was a "real" trade...why did you wait until so long after your exit to bath in the glory? Obviously you forgot about the trade, just remembered it and now want to pretend you accomplished something. ....sad really

 

[ammo]

Quote from mastacoli71:

after hours volume low for such a big run up, odd. makes me want to hold this short for a bigger move but i won't get greedy given that markets can retrace 2 to 3 days before continuing in direction of trend. technicals are baiting longs right now.

have been watching the nikk,it topped same time as spx and seems to be leading for now,hasn't hit supp yet

 

[ammo]

3rd qrtr moves are up on rectangles and down on ovals,5/5 last ten years,but the down moves have been much larger,we may move down ,we broke that supp and retested it today,1262 area in the cards if its just a one day rally..just flat because i'm exhausted,been a good month, but very mentally draining,may have to wait til june for drop

 

[ammo]

Quote from chaykapwr:

I hope no one takes you serious you entered and exited several "swing" trades after you announced this.

And if this was a "real" trade...why did you wait until so long after your exit to bath in the glory? Obviously you forgot about the trade, just remembered it and now want to pretend you accomplished something. ....sad really

there was a guy who followed hersh around and dropped little turd posts after jack's posts, i hope your not aspiring to be that guy

 

[trickshot]

Quote from trickshot:

Took half off at 08, rest to B/E.

Took another half off at 17.75, remaining stop at 08.

Edit: Nvm, decided to flat remaining at 17.75 after taking another look at the chart.

 

[sttrader]

Quote from sttrader:

Systematic selling the way we've had systematic buying. Haven't had any panic selling yet so there is a chance it could get ugly.
Long at 1309.

Taking original longs off at 1318.

 

[mastacoli71]

Quote from mastacoli71:

add 14.5, avg short 14.25

added 18.25, offering 22...looking for gap fill off the open

 

[Lawrence Chan]

Quote from ammo:

3rd qrtr moves are up on rectangles and down on ovals,5/5 last ten years,but the down moves have been much larger,we may move down ,we broke that supp and retested it today,1262 area in the cards if its just a one day rally..just flat because i'm exhausted,been a good month, but very mentally draining,may have to wait til june for drop

Too many are very sure of this drop to be the one and most of the shorts from last week over a huge range are not taking any heat at all.

The easy push to 17-20 so far means shorts are too comfortable and no one has yet to pile on - resistance is not discovered yet.

 

[ammo]

i thought you were looking at the fibs, the mp numbers didnt hold on the way down and are not holding on the way up .........sh 19

 

[Lawrence Chan]

Quote from ammo:

i thought you were looking at the fibs, the mp numbers didnt hold on the way down and are not holding on the way up .........sh 19

I do not use fib levels.

14 gap fill likely today.

02 pocket in the card for the week.

If gap up turning into gap down by open, I will turn bullish if ES can hold 1300-02 area.