ES Journal - 2013

Quote from rroverx:

Hmm I want to sell 57.25/57.5 here.....

...but I also want to play golf and not babysit this crapshow.

I think it's good for 7-18 handles.

Ok I sold small at 58.25.

Offering more at 1660.

Looking for 1639.

**no stops yet***
More...

massive POMO tomorrow. one can make of that what one will...
 
history.

current pomo / qe

asset allocation and available funds.

trajectory

upper tl

magnet of highs.


on and on and on.

I'm speaking mid term of course....this economy is manufactured in every sense, so not "all" history will repeat.
 
This VERY strong trendline from Nov keeps things in perspective for me. We are in a strong uptrend...period... I've been short straddles/strangles in the weekly ES and buying the cash on dips. The top line I don't trust as we have broken above it several times. I can see 1750 as easily as 1550 but the trend is clear. Until that lower line is broken I don't have a choice but to "try" and be net long. As it stands I keep getting short deltas and have to buy higher.
 

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