ES Journal - 2019/2020

[vanzandt]

I mentioned it as a mid-term buy for a few months because of what's going on.....you think it's exhausting ? lol....just make $$ on it !! what is downside target?..............I understand it has a blowoff going on now, but I believe it's consolidation for higher, ultimately...

Well while have a minute here, I think it already consolidated, and it overshot the run. They aren't growing revenues that fast to justify the metrics on this stock. Its way over its 200 Day. It started up because of Corona and its story is pertinent to that, then the squeeze took over for the last several days. Those candlesticks like that, in this market... its a sure sign its trying to get the shorts out. If we had another 100 point rally day, I think it would go higher one last time. As it sits right now, I wish I'd have shorted more at $137. I think its gonna tank before the close. We'll see, I may even hold it overnight as its relatively small position. It was more for fun and to aleve boredom. I owe ya lunch though.
I feel confident I'll get at least $500 out of it today. I almost closed it a few minutes before the halt, I was just getting ready to buy it back at $131.70.

 

[Buy1Sell2]

I anticipate a very strong afternoon market as we prepare for a strong up day tomorrow. If not, that's fine as well as we keep losses small and wins larger.

 

[tenny1886]

any news around midday??

 

[Spooz Top 2]

I offered out 2 cars off limit down at 50 even. Stunned I was hit as I refuse to chase it! Go figure...

 

[vanzandt]

Well while have a minute here, I think it already consolidated, and it overshot the run. They aren't growing revenues that fast to justify the metrics on this stock. Its way over its 200 Day. It started up because of Corona and its story is pertinent to that, then the squeeze took over for the last several days. Those candlesticks like that, in this market... its a sure sign its trying to get the shorts out. If we had another 100 point rally day, I think it would go higher one last time. As it sits right now, I wish I'd have shorted more at $137. I think its gonna tank before the close. We'll see, I may even hold it overnight as its relatively small position. It was more for fun and to aleve boredom. I owe ya lunch though.
I feel confident I'll get at least $500 out of it today. I almost closed it a few minutes before the halt, I was just getting ready to buy it back at $131.70.

View attachment 222451

Out at $128.20
$900
Its still going lower though.
I owe ya SPY.
Its a good one for the radar.

 

[Buy1Sell2]

I wonder how soon it will be before short selling is curtailed.I suspect we have foreign,and perhaps even domestic entities in our markets shorting and shorting to drive our economy down.

 

[theapprentice]

2200 area may slow it down? lol

 

[vanzandt]

I wonder how soon it will be before short selling is curtailed.

I dunno. Maybe stocks... but do they do that with futures?

 

[speedo]

Out at $128.20
$900
Its still going lower though.
I owe ya SPY.
Its a good one for the radar.

I wonder how soon it will be before short selling is curtailed.I suspect we have foreign,and perhaps even domestic entities in our markets shorting and shorting to drive our economy down.

When the bear market is over Sparky, meanwhile people are buying yacht's and plane's off of shorts.

 

[FriskyCat]

2200 area may slow it down? lol

The limit downs have been the only real obstacle. 2000 area completes that megaphone pattern. No one talking about Russell, that's just an lol at this point.