ES Journal - 2019/2020

[Laissez Faire]

I'm anticipating a break of 50 in RTH and will probably short an initial rally to 3300 if it happens. Currently short from 80.

Took small loss on the 80 short and re-entered at a higher level.

55 to exit or 3200 if hell breaks loose. Risk-free ride from here.

 

[amsterdam]

let it run

Damn....she has legs...

 

[Laissez Faire]

Damn. That was fast. I still think 50 or more is in play though. But it may be a rocky road.

 

[wiesman02]

Damn. That was fast. I still think 50 or more is in play though. But it may be a rocky road.

i don’t think it gets under 50 today. Move down was overnight. Today is more huge swings up and then back down. Just my 2 cents

 

[vanzandt]

Damn....she has legs...

Yeah don't get suckered into this bounce.
I might be wrong, it could close green, but I would justbe careful. Sometimes the best trade is no trade at all.
EDIT lol... as I was typing this the phone rang.... now I look... the bounce was short lived.

 

[formikatrading]

Stepping back to look at the big picture, we're oversold and near a critical level but momentum has been solidly down for several days. I'm sitting back right now.

 

[amsterdam]

selling pops for now....

 

[vanzandt]

I have my tells with certain stocks.... the way they behave after hours.
99% of the time, there's nothin to see.
Not tonight.
fwiw... I dumped my Twilio after hours. That show's my level of (at least a little)... fear on my part.
I could be wrong. And Twilio, I hope it sells off now that I'm flat.... but that pig is still heading north and trust me... I will buy back in soon enough.

Either way... Black Friday might come early this year.
....Read 10/30.

)

Yep.
This is nothin'
NQ could easily drop another 200-300 points today.
I'm glad I closed TWLO last night. Its down 4%.
I should have shorted at the bell.
Coulda woulda shoulda.

EDIT: I know this sounds impossible, but 10,700 could happen.

 

[wiesman02]

Yep.
This is nothin'
NQ could easily drop another 200-300 points today.
I'm glad I closed TWLO last night. Its down 4%.
I should have shorted at the bell.
Coulda woulda shoulda.

very weak. So much for 3250 holding. Gonna be a bad day for someone

 

[amsterdam]

Bought 11025 - 1st long lol

I don't think it will, but this has the potential to turn into an awful day for bulls.