ES Journal - 2013

[startraitor]

Barring any announcement that Obama and Bohner were seen holding hands and walking on water we should test the lows of the week.

 

[horton]

I will take some more off if XRT continues to negatively diverge from BKX and SOX.

 

[horton]

OSX is through Yesterday High, SOX going through it now, BKX also trying.

 

[Laissez Faire]

It's always fun to hear the rationale behind why someone is placing a trade.

My long entry was based on a pullback to the RTH 50% level on what I believe will be an up day, but the market overshot it and stopped me out, although the market did find support in that zone. A 3 point stop would have kept me in the trade.

Still think we can make a run towards 90 if the zone around 75 is not breached?

 

[Visaria]

Quote from Visaria:

short 75.5

stopped 78.75

 

[Visaria]

long 79



my only redemption today is i'm only doing singles, so no big deal

 

[ammo]

Quote from startraitor:

Barring any announcement that Obama and Bohner were seen holding hands and walking on water we should test the lows of the week.

odds are pretty high that they resolve it today,crooks have to stabilize the market whether they want to or not,they will at least grant an extension on what to do similar to syria egg on the face blunder

 

[horton]

Quote from Laissez Faire:

Still think we can make a run towards 90 if the zone around 75 is not breached?

The sectors and breadth are saying ES 84 Touched but I think Retail is the swing vote in the Daily chart and it is lagging.

 

[ammo]

http://online.wsj.com/mdc/public/page/2_3022-mflppg-moneyflow.html big boys are selling the russel

 

[Visaria]

unlikely, since dec russell just hit a new high for the day