ES Journal - 2012

[Laissez Faire]

Are you sure, gmst?

Is this really a quality entry that you can`t afford missing?

Personally, I think we`re consolidating again before the final push down to 39-42. This day is biased to be down by a good margin.

 

[Trvlwanderer]

fighting a trend and calling a bottom with a 5 or less point stop is a little rough. Especially in the middle of a sideways and downtrending chopfest.

Hope you are right gmst.

 

[gmst]

Quote from gmst:

once more long 1347

2 point stop

out for a point....doesnt look its over

 

[Laissez Faire]

If I were in the market now, I would have taken my two ticks and reversed with a 1 point stop.

 

[Ramp]

Just heard CNBC recommend long SDS, lol.

Just got long NQ at 2518 (with a 2510 protective put) - looking for +100 points. Will see...

 

[Trvlwanderer]

Quote from Ramp:

Just heard CNBC recommend long SDS, lol.

Agreed, that's a strong signal right there!!!

 

[Laissez Faire]

I`m not one to make long-term predictions, but I`m considering 1320-25 for a bottom of this down leg. There`s an open gap down there. Also, it`s R150.

 

[ammo]

nq

 

[nillionaire]

Quote from Spectre2007:

Lower lower.. Why take risk when you can wait last week of December to buy.

I thought there's supposed to be a +250 day before Thanksgiving?

 

[ammo]

reduced nq, see if aapl stops at 522 before deciding a long in nq