ES Journal - 2013

[pinkman]

thank you, Fed!

 

[ammo]

Quote from ammo:

sh 88 25 add 91

add 94.5 add 93.75 avg 91.87, 87 75 bid for reduce

add 96.5 add 99 93.8 avg Add par 95.5 avg taper is a taper,weaker qe going forward

reduce 96 add 98

 

[Trader.Fighter]

Quote from ammo:

taper is a taper,weaker qe going forward

I like your position management, but arent you running out of excuses now for the downside?

 

[ammo]

Quote from Trader.Fighter:

I like your position management, but arent you running out of excuses now for the downside?

time will tell,fed qe has been the coal fueling this 5 yr run, the taper is saying the economy is stronger so we can ease, or it's saying we are running out of reasons to go further in hock, this experiment isnt working add 01

 

[ammo]

Quote from ammo:





sh 88 25 add 91

add 94.5 add 93.75 avg 91.87, 87 75 bid for reduce
reduce 96 add 98

add 01 add 04 maxed on adds avg 97 5

 

[trickshot]

Moves like this totally debunks the myth that only down moves are sharp, short selling isn't safer than going long, you can get killed either way.

 

[ammo]

Quote from trickshot:

Moves like this totally debunks the myth that only down moves are sharp, short selling isn't safer than going long, you can get killed either way.

this is normal for a fed day

 

[Trader.Fighter]

Quote from ammo:

this is normal for a fed day

so why you kept shorting?

 

[Mo06]

"Moves like this totally debunks the myth that only down moves are sharp, short selling isn't safer than going long, you can get killed either way. "

My experience is that tops take a LOT longer to form than bottoms in the market, hence shorting requires more skill IMHO.

The trade today was long after the spike down, it's late December and I suspect they want to take the ES to new highs for Dec expiry.

 

[ammo]

Quote from Trader.Fighter:

so why you kept shorting?

just not right in the head i guess