ES Journal - 2019/2020

[wiesman02]

But when, Sage? When?

when u give up waiting, next day after that

 

[chillibean]

adding L here at 3365

long and strong!

 

[chillibean]

average is 3375, looking for 3400 level

 

[wiesman02]

Don’t know if I’m gonna trade anymore today. Beautiful day in here in Florida, and I’ve made my 5 points / $1k. Definitely leaving some on the table. Market is giving away money this week

 

[chillibean]

next week should be even nicer. We should get a huge ramp up soon i'm thinking

 

[syswizard]

next week should be even nicer. We should get a huge ramp up soon i'm thinking

2nd stimulus announcement should do it. We are printing money like crazy.

 

[chillibean]

we have to see a blast through 3400 at some point soon. Maybe 3440 area, and then maybe a drop to 3350 or so is my guess. Enough to get the bearts thinking we might have a massive drop, and then we go to new highs at 3800+
Same story as always

 

[vanzandt]

Financials and SP are doing all the right things here for the huge upmove. Looking good----Staying Long.

Financials continue to look really good here. This upmove in my opinion will be huge.

The impending upmove in financials is now clear to nearly everyone. It's unmistakable in my front view mirror. I'm staying long.

Financials leading us to ATHs. They really look good here in my view.

Energy stocks along with financials now poised for massive multi month barn-burner upmove in my opinion.

Financials leading the way to ATHs as predicted. You'll notice that even though the SP was down yesterday, XLF was up. Rotation in the marketplace is afoot. --Looking good!

I mean obviously its going to go higher at some point, but its not happening anytime soon.
At what point does your call on this "massive up-move" expire?
For journal integrity there needs to be a "use by" date. Like buying a gallon of milk.
And define a percentage for the phrase "much much higher".

You're supposed to be a trader, how smart is it to park enough money to make anything in a $24 stock that has to sit for weeks on end? And even if it does creep up, its not going to take out $27.50 for months.

__________________________________________________________________

YEP------
$24.25
Right where we started exactly one month ago today.
As expected.

 

[wiesman02]

2nd stimulus announcement should do it. We are printing money like crazy.

i don’t think they’re gonna do another one, but we’ll see.

 

[syswizard]

i don’t think they’re gonna do another one, but we’ll see.

I was listening today on the radio....there are actual public marches over this.
Without the 2nd stim, there are going to be a ton of homeless people.