ES Journal - 2023/2024

i remember 2022 vividly, even the bounce from october low and continuation to push up non stop felt pump and dump. then we were at 4000-4200 for a long time. from the chatgpt announcement to date, i have not seen any real economic value created. firms with low profit margin like dell and smci got pump so high that everyone is ai.

will see where rsp opens tomorrow, m7 needs to halve before we can find a footing.
 
schizo said:
Hey Vanz, now that 5200 is hit, let's see if this thing reverses and go up to 5400 like my memo stated. :)
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I might turn out to be dead friggin wrong. The only reason I didn't put a "stop at this level" in my first post here tonight, I mean I thought 5287 could be touched on a spike down... but 5200.... I f'd up bad.
 
Went long Aug VX and it disappeared from the account... just came back. Covering shortly. Enjoy the ride. Lucky to see marginal NHs in 2025.

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vanzandt said:
I might turn out to be dead friggin wrong. The only reason I didn't put a "stop at this level" in my first post here tonight, I mean I thought 5287 could be touched on a spike down... but 5200.... I f'd up bad.
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And since I appear to be batting zero atm, however low this thing goes tonight, we are higher by tomorrows close.

But since I blew this one HORRIBLY.... it is what it is... you're only as good as your last call.
 
vanzandt said:
I might turn out to be dead friggin wrong. The only reason I didn't put a "stop at this level" in my first post here tonight, I mean I thought 5287 could be touched on a spike down... but 5200.... I f'd up bad.
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Nah, we forgive ya. You've made many great calls in the past. And now that I've reversed to long, no worries on my part. :)
 
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