ES Journal - 2023/2024

[Laissez Faire]

The market's in a tricky spot here, IMO, but I would assume the risk is to the long side and becoming a bag holder up here.

 

[Buy1Sell2]

The market's in a tricky spot here, IMO, but I would assume the risk is to the long side and becoming a bag holder up here.

Depends on your time frame and position size relative to your TLNW.

 

[Laissez Faire]

Depends on your time frame and position size relative to your TLNW.

We're all degenerate day traders / gamblers, here...

 

[Buy1Sell2]

Cup and Handle pattern with megaphone being the handle is still intact. --Approaching upper megaphone line. No breakout yet. Festering continues. Staying long--- Headed out for 19----Talk soon.

 

[vanzandt]

When SPY hit's 398.30... short ES then.

Did you guys happen to notice where the SPY topped out at on the big spike?
~ #themagicpencil

 

[vanzandt]

I just saw this.

the master!
View attachment 309606

 

[vanzandt]

I await my opportunity to get long banking.

Is there still low hanging fruit or will the fear set in again?
I bought PNC at the bell yesterday and just closed it for +$5
If my personal history is any guide, they'll probably keep going up now.
I always do that.

 

[Master Pu]

Is there still low hanging fruit or will the fear set in again?
I bought PNC at the bell yesterday and just closed it for +$5
If my personal history is any guide, they'll probably keep going up now.
I always do that.

Did you see recent deleted tweet from Michael Burry?

 

[mervyn]

View attachment 309619

Did you see recent deleted tweet from Michael Burry?

Don’t know about the banks, but bought schw at below 55 last week. target 65 and 70 exit.

 

[vanzandt]

View attachment 309619

Did you see recent deleted tweet from Michael Burry?

No. What was it?