ES Journal - 2019/2020

theapprentice · Mar 8, 2020

and tbh, exits were never my strong point. I can pick some good entries from time to time, but no idea where it's headed!

volente_00 · Mar 8, 2020

theapprentice said:
you're saying I closed it a TAD early, then!! haha

All I'm saying is plan your trade and trade your plan

volente_00 · Mar 8, 2020

hafez50 said:
Hell i took 1/2 off at 30 . No hurry here

Patience old bull

Let the young buck show you how it's done

vanzandt · Mar 8, 2020

vanzandt said:
2690 on the way.

vanzandt said:
Before indices drop in a big way after a long run north, they always have a sharp spike up. Some call it a "blow off top". Whatever. You can't go by history. Maybe we've seen a batardized version of it, maybe we haven't.

Either way..... we are going lower. There is no fucking way we aren't.

2690

140 points to go.

vanzandt · Mar 8, 2020

HOLY SHEEE-ITE BATMAN.

Take a look at oil!

Down 20%.... $32/barrel. Can you say "layoffs in the Permian"?

vanzandt · Mar 8, 2020

vanzandt said:
Well the good news now for Trump is he'll get to once again Tweet:

"The Dow just broke 25,000!"

...For the ~~4rth~~ 5th time. (on the bounce up)

Overnight · Mar 8, 2020

vanzandt said:
HOLY SHEEE-ITE BATMAN.

Take a look at oil!

Down 20%.... $32/barrel. Can you say "layoffs in the Permian"?

View attachment 221487

Watch that 30.00 print very carefully. *clucks* Smells like a bottom. I may play that one.

CL is not going anywhere, like how Boeing is not going anywhere. They just take a dip for a bit.

hafez50 · Mar 8, 2020

Bingo Rubber Band . Every trading halt i recall in After hours went till the am then vaulted . But things are very different this time and who knows we could continue dropping a while. We've never faced a virus and its time length is unknown .

vanzandt · Mar 8, 2020

Overnight said:
Watch that 30.00 print very carefully. *clucks* Smells like a bottom. I may play that one.

CL is not going anywhere, like how Boeing is not going anywhere. They just take a dip for a bit.

Unleaded is down $.25.
About $10,500/contract.

SPYgrain · Mar 8, 2020

NQurious said:
Also, let's not forget that China shut down it's entire economy and has been hit far harder by the virus than any other country and yet look at that stock market ...

View attachment 221468

Now, of course, that could be because the Chinese are a bunch of bored quarantined home gaming day traders and unreconstructed permabulls, but it could mean we really have gone too far in the wrong direction.

Many people think that this is the bubble bursting. What is this is the '98 Asian Contagion and the real bull is just about ready to get started?

Always got to look at both sides of the trade, right?

Interesting - the recent buying of Chinese stocks..per weekly S&P, virus or not - a lot of PA/support between 2900-2800..