ES Journal - 2013

Quote from hafez50:

It amazes me anyone would take new holding shorts here until an agreement is reached and we all know it wiil. Outside scalping a short why not wait and short the 100% assured pop we get?I'm basically flat outside a token 5 es i',m short in case we crash. I always have something short in case we crash

You're a great trader. :)
 
I got "stuck" with a short at 75 close on Fri. I'll buy it back at 71.25 and planning on buying a protective call (weekly) but decided this week could get very ugly even "if" there is a deal...I think enough damage has been done to slow down the economy for the balance of the year....will see if market agrees. My cash trades will be to the short side as long as I've got a couple of long option calls in the bag as stops. Still short NQ (in option put spread) since still think it is most vulnerable to down turn.
 
Quote from RichardRimes:

I got "stuck" with a short at 75 close on Fri. I'll buy it back at 71.25 and planning on buying a protective call (weekly) but decided this week could get very ugly even "if" there is a deal...I think enough damage has been done to slow down the economy for the balance of the year....will see if market agrees. My cash trades will be to the short side as long as I've got a couple of long option calls in the bag as stops. Still short NQ (in option put spread) since still think it is most vulnerable to down turn.

I don't know if it will happen this week but I have a gut that market will touch Oct 2007 high again sometime this month.
 
Quote from hafez50:

It amazes me anyone would take new holding shorts here until an agreement is reached and we all know it wiil. Outside scalping a short why not wait and short the 100% assured pop we get?I'm basically flat outside a token 5 es i',m short in case we crash. I always have something short in case we crash

el oh el.
 
Like i said i got 5 left out of the 60 i had but i'd still wait for a agreement which we know is 100% coming and short into that wether its a day or a week or 2 from now.
 
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