ES Journal - 2013

[ammo]

spx

 

[ammo]

spy

 

[ammo]

fed x leading the transports

 

[ammo]

Quote from ammo:

add 1612

add 1612.25..avg 08

 

[startraitor]

First short this year I think.

Short 1612.50, stop 1620, target 1598-

 

[bvam1]

me too. sold a little higher than you.

 

[gmst]

me too - sold a bit lower than you

 

[bvam1]

Haha.

Either chop or rolling down till close.

 

[startraitor]

Scaled in large size, target could be 80-100 points lower based on price action. Same stop,

Quote from startraitor:

First short this year I think.

Short 1612.50, stop 1620, target 1598-

 

[RichardRimes]

Quote from startraitor:

Scaled in large size, target could be 80-100 points lower based on price action. Same stop,

you could very well be right...looked at the 52 week high/low and we are almost 400 freaking points above the low....problem is..guessing when. When there are no meaningful pullbacks then 100-200 pt drops are more probable. Playing the drift upward but buying a few OTM puts.