ES Journal - 2012

[JoshDance]

Quote from JoshDance:

a bit anticipatory, but:

SIM short 1 @ 72.50

And I pay the price for anticipation, out 74.25, -1.75
EDIT: actually, 74.00, minus comm. is -1.57 total on 1

 

[bigsnack]

Quote from JoshDance:

And I pay the price for anticipation, out 74.25, -1.75
EDIT: actually, 74.00, minus comm. is -1.57 total on 1

Higher highs, higher lows! So far...

 

[ajcrshr]

Quote from ammo:

ajcrshr,didnt they do something similar with holders of GM shares,common vs. preferred

Not sure about the shares but I remember the media was blaming CDS contracts for forcing the bankruptcy. The bondholders held CDS contracts as insurance against a GM default so they had no incentive to negotiate and avoid bankruptcy. I believe in the end the debt was swapped and the CDS was not honored much like they are attempting with the Greek situation.

 

[JoshDance]

Quote from bigsnack:

Higher highs, higher lows! So far...

yessir.. :eek:

comp really wants 3K but dow is being stubborn

 

[JoshDance]

SIM long 1 @ 74.75, not a great location but comp wants to pop and when it does i want to be long

 

[JoshDance]

Quote from JoshDance:

SIM long 1 @ 74.75

add 1 @ 74.25, long 2 @ 74.50

 

[ammo]

trans add 74 avg 71...thnx aj

 

[JoshDance]

Quote from JoshDance:

add 1 @ 74.25, long 2 @ 74.50

added 2 at 72.50

 

[JoshDance]

Quote from JoshDance:

added 2 at 72.50

added 1 more, and out of this for -1.25 per contract

 

[JoshDance]

SIM long 3 @ 72, scalping long for 73