ES Journal Archive (2006 - 2008)

[bvam1]

Wow, at 1330 on spot. See how this market is manipulated!

 

[Buy1Sell2]

Quote from Buy1Sell2:

Cancelled--I'm long at 1331.50.Initial stop 1319.00

Took profit at 1343.00

 

[Pholeuon]

I do not know how you made this miracle but you made it. It is clear that you somehow anticipated positive Intel earnings /or reaction to it/. It was visibile in the morning /when you continue writing about uptrend in moments when is looked really ugly so you must be really convinced about it otherwise you will stop writing about uptrend/. I was very curious if you are right or not but it seems to me that you have a lot of experience with such situations. Congratulation, great trade.

 

[JSSPMK]

Well good evening there mates!

Short the top over here across the Atlantic with a smaaaall stop

WTG Buy1Sell2

 

[volente_00]

Quote from vertigo3:

vol, does this mean you think we've seen the bottom?

I mean, are you suggesting that I am the purist?

I posted this on the 5th with cash at 1370.

Quote from volente_00:

anyone watching the IHS setting up on the longer chart ?


http://finance.yahoo.com/q/bc?s=^GSPC&t=6m


Here is how I think it can play out

To put in the right shoulder, this fails 1380 -1400

Then back down to ~1320

Then rally 1418 to test the 200 day, then 1468 -1480 later in the year.



Both current and further out option interest support this happening.

The next trading day we hit a high of ~1387 and today we hit 1324, was it close enough to fill the 1322.7 cash gap ? We shall see. I disagree with your comment about nobody knows. We might not know exactly but the footprints were there to see the intent 10 days ago.

 

[spersky]

Violente has got some spot on analysis. Looks like we are finishing the right shoulder of the Inverse H&S.

Any idea if the after hours intel gap will be covered tommorow?

I mean the gap in the ES and NQ?

 

[tortoise]

Quote from spersky:

Violente has got some spot on analysis. Looks like we are finishing the right shoulder of the Inverse H&S.

Any idea if the after hours intel gap will be covered tommorow?

I mean the gap in the ES and NQ?

44.50 level sits roughly between 20 and 50 dma on spx, plus what one might contend is a reasonably significant fib level (61.8 retrace of feb high to march low)...and, gee, is that a rule of 10 short to Monday's high value area of 1334?

 

[Pholeuon]

Violence, this will be the hardcore trader nick.
Btw, original is from latin? I see that many latin and greece nicks /including mine/ that it looks hardly believable to me. Classics everywhere.

With gap it will be not that hot I think, in premarket we can get K.O. eventually J.M.C. and W.F.C. So I think it will be small one only.

Quote from spersky:

Violente has got some spot on analysis. Looks like we are finishing the right shoulder of the Inverse H&S.

Any idea if the after hours intel gap will be covered tommorow?

I mean the gap in the ES and NQ?

 

[volente_00]

Quote from tortoise:

44.50 level sits roughly between 20 and 50 dma on spx, plus what one might contend is a reasonably significant fib level (61.8 retrace of feb high to march low)...and, gee, is that a rule of 10 short to Monday's high value area of 1334?

47

 

[Buy1Sell2]

Day trade trend remains up
Swing trade trend is now up (very tentative)
Intermediate trend is up
Long term trend is down
Super Long term trend is down.