ES Journal - 2012

[mastacoli71]

Quote from mastacoli71:

reduce 15.25, avg 17.25

add 18.75, avg short 17.75

 

[ammo]

Quote from ammo:

reduce 21.25,(- 5.25)dont like the amount of time it satyed up here with no movement

add 27

 

[mastacoli71]

Quote from mastacoli71:

add 18.75, avg short 17.75

another mind fugger as ammo would put it

at close:

avg on SEP 17.75, sold monthly 1320 PUTS for $20 each
avg on JUN 4, sold weekly 1320 PUTS for $9.75

glad that week is over with. i live to trade another day. good weekend to all.

 

[mastacoli71]

China data:

http://www.bloomberg.com/news/2012-...ces-rise-at-slowest-pace-in-two-years-1-.html

buy the rumor sell the news? press release from spain bank bailout rumor is the 2nd part. we'll see on sunday night.

 

[mastacoli71]

now all that needs to be released is actual request from Spain

http://www.bloomberg.com/news/2012-06-08/spanish-bank-aid-request-seen-as-moody-s-cautions.html

 

[ammo]

lot of congestion in spx at 28 area

 

[ammo]

on a 3 month,if we get above there is a cleavage to fill,any part of the cleavage is a fill, it doesn't have to reach either extreme

 

[ammo]

chart

 

[ammo]

Quote from mastacoli71:

now all that needs to be released is actual request from Spain

http://www.bloomberg.com/news/2012-06-08/spanish-bank-aid-request-seen-as-moody-s-cautions.html

nothing happens fast in europe,too many people have to agree,they need to speed up the decide/implement part of the job

 

[mastacoli71]

Quote from ammo:

on a 3 month,if we get above there is a cleavage to fill,any part of the cleavage is a fill, it doesn't have to reach either extreme

We may get this fill on Sunday night/ Monday given that all news expected on Friday for weekend is out. Spain finance minister officially said they would make request. Bummer but glad to still have plenty of bullets this time around. There is still hope that the rumor was bought Friday but not going to hold my breadth given this artificially propped up market.