ES Journal Archive (2006 - 2008)

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This morning I place resting orders to short ESM8 at 1275 and 1284 (representing 38.2% and 50% fib retracement respectively). Both are now filled.

NQ looking weakest of indices, so now looking for possible short there.
 
goldman just issued a note, they expect a further decline of 10%
in the S&P. June was trading at 86, when this was released.

Quote from Chuck Krug:

/buy to open es puts
 
Quote from gwac:

goldman just issued a note, they expect a further decline of 10%
in the S&P. June was trading at 86, when this was released.

i overpaid though
es is 10 pts lower and puts are about the same
 
Goldman just drop 2008 s & p earnings by 5 bucks. Trading at about 17 times 2008 earnings. That is kind of high in this kind of environment.


UOTE]Quote from Chuck Krug:

i overpaid though
es is 10 pts lower and puts are about the same
[/QUOTE]
 
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