ES Journal - 2012

[Laissez Faire]

1440 for +1% ES.

Rickshaw well in the money now.

13 point swing now (and possibly more) without more than a 1,5 point pullback. Not really "normal", but typical for a day like this and the fact that we took out last week's high is probably of significance.

 

[ammo]

Quote from ammo:

cash sh 35

out 7 75, will wait for 41-45 area

 

[Builder17]

good call geting out at 30 ammo

 

[Pita]

think we have seen highs of today, just a feeling so far but looking our for shorts now

 

[ammo]

dow

 

[ammo]

Quote from Builder17:

good call geting out at 30 ammo

usually lose at this game in december LF's comment about short pullbacks was good info

 

[Builder17]

Quote from ammo:

usually lose at this game in december LF's comment about short pullbacks was good info

know what u mean. pretty powerful today.

 

[Pita]

short 36.50 T 32 stop 37.25

 

[Laissez Faire]

Quote from ammo:

usually lose at this game in december LF's comment about short pullbacks was good info

Really? What info was that?

For the day, I think we make one last push towards 40-41,50 before POSSIBLY pulling back from there.

I'm trigger shy, but a long from 35-36 may be good for 4-5 points. It's just hard to commit since we're already up so much, although I know there is upside potential still.

 

[Pita]

Quote from Pita:

short 36.50 T 32 stop 37.25

out be poorly timed and a chased trade anyway