ES Journal Archive (2006 - 2008)

[JSSPMK]

Storm121 reminds me of Surf's call for upside today, the nature of both calls was highly gamblesome as both have said this WILL happen. In the world of trading there is no such thing as "WILL".

Surf doesn't believe in patterns (though he does favour cycles, I still don't understand that one), Storm kept suggesting it was his contact that told him about the rate cut, both kept saying this WILL happen today.

Storm are you Surf's buddy? Whatever that is you based your opinion on has little relevance to trading mate.

 

[kinggyppo]

remember scalping doesn't work; the models don't support it!!

 

[chewbacca]

true capitulation = s&p cash closes below 1260 and dow below 11360 = inauguration of a bear market

right now we're basically unchanged

 

[apex82]

I am wanting to get short heavy in the 1345-1350 zone if it ever comes before we retest the lows.

 

[kinggyppo]

Quote from apex82:

I am wanting to get short heavy in the 1345-1350 zone if it ever comes before we retest the lows.

short term trend line broken but I think this will fail.

 

[kinggyppo]

short spy $131.50

 

[kinggyppo]

Quote from kinggyppo:

short spy $131.50

stopped out $131.32, wow this sh** is moving!

 

[Spooz Top]

Quote from apex82:

I am wanting to get short heavy in the 1345-1350 zone if it ever comes before we retest the lows.

you still carrying that trailor @ even?

 

[apex82]

Quote from apex82:

closing out half here at 1302.25 stop still at BE

+17.5

out at breakeven on the remaining half... waiting patiently on the sidelines.

 

[apex82]

will be reeentering short on a break of 15min bar