ES Journal - 2012

[Macho]

Quote from tortoise:

what the hell is up with treasuries??!!

Gotta love those ZB's

They are telling the true story as to what is happening. More to come with yield to around 2.5% and still possibly drop to 1200-1150.

Obama will out on his arse and Ben will find a way to pronounce Q..E..3 in January.

In the meantime, Europe will be licking their wounds.Hope you guys were watching the economic stats for the last few months. They were not good. All coming home to roost and US cannot fudge the numbers.

 

[gmst]

Quote from RangeTrader:

Been hibernating...

Woke up... Market trend index at -150... By 10am... -200... Nope, no trading for me today.

It ain't the bulls time yet. Either need to see a huge capitulation slide, daily candle chop, or solid green internals.

-150 to -250 trend negative to the bears isn't my cuppa of tea.

what is market trend index ? do you have a link on it ?

 

[trickshot]

Quote from trickshot:

I see SPX 1293 as next significant support after 1340 was broken and retested. Imo no fear selling is bad news for bulls cos it means no capitulation...

1293 by tomorrow...

 

[sttrader]

Quote from sttrader:

Next support coming in at around 1305-7. Haven't seen much fear selling but more calculated selling past week.

Support area 1305-1307 holding so far...let's see if we can get that bounce.

 

[tortoise]

Quote from tortoise:

aw hell i'm in

long 1305

scratching it

don't know what's up

 

[tomahawk]

Quote from sttrader:

Support area 1305-1307 holding so far...let's see if we can get that bounce.

If not, 01.00 - 03.00 should hold.

 

[ammo]

Quote from ammo:

add 06...4.75

add 2.5 flat 02 avg 5.54, loss 3.8

 

[mastacoli71]

wow, nothing like turning a profitable trade into a losing one.

avg long 1316, short 1310 calls. we'll see what overnight brings again....big sigh

seems like buyers have disappeared. either this is a great buying op for bounce or i will get my head washed tomorrow.

 

[fishing]

Quote from mastacoli71:

wow, nothing like turning a profitable trade into a losing one.

avg long 1316, short 1310 calls. we'll see what overnight brings again....big sigh

seems like buyers have disappeared. either this is a great buying op for bounce or i will get my head washed tomorrow.

i let winners turn into losers several times last 2 weeks.

never imagined ES trading down 11 consecutive sessions...

i didn't buy around here.. time for market to rally LOL

 

[tortoise]

flush. 1294.70 (cash) is 2x extension of last week's range.

some interesting confluences there. i wonder if that's the plan

and, if so, i wonder why