ES Journal - 2012

[ammo]

Quote from ammo:

avg 75.65..reduce 75

reduce 74,5, trans not pulling back

 

[satchel]

seoul, I am

Quote from satchel:
2337 s NQ

Quote from satchel:
77.5 s

and partial on 68.5 s premarket

 

[gmst]

Quote from JoshDance:

Gotta be a bit more patient I think. Good buy not until 69-72 IMO, at least the way it's acting right now.

Thanks for comment Josh!

ES was very strong till that little pullback from 1278 to 1276. I was thinking about waiting for a deeper pullback, and in normal days would have waited for it, but given tomorrow's payroll numbers, I figured if they are really expecting a big number tomorrow, ES will not have any significant retraces at all today. So, better enter at 76 rather than miss the bus completely waiting for the pullback.

I could be wrong though and it will hurt with 2 contracts

 

[ammo]

spx nip for the week so far 77.5-76.5

 

[seouljah75]

Quote from satchel:

seoul, I am


and partial on 68.5 s premarket

Oh ok, Was kinda confused at where you were short from. That 77.50 was a good entry

 

[JoshDance]

Will consider a sell at 76 if the stars align, looking for a reverse to buy around 71.

 

[lucky lucille]

Quote from lucky lucille:

cover 1275.50
1275.50L

1274L

 

[satchel]

please die ES/NQ, immediately. bonds closed ready for a TURN.

 

[lucky lucille]

Sell order 77.50

 

[tortoise]

Quote from satchel:

please die ES/NQ, immediately. bonds closed ready for a TURN.

My guess is that we close at the highs...and that this will be a nasty little setup for tomorrow's pre-market numbers.

But it's just a guess.