ES Journal Archive (2006 - 2008)

[JSSPMK]

C'MON YOU BEARS!!

 

[opt789]

Quote from JSSPMK:

C'MON YOU BEARS!!

Don't know how this will play out but:
Oil=ouch
XLF=ouch
Not going long into the weekend=painless

 

[JSSPMK]

Quote from opt789:

Don't know how this will play out but:
Oil=ouch
XLF=ouch
Not going long into the weekend=painless

? explain please

 

[JSSPMK]

Quote from JSSPMK:

Short 1285.5 off 1m, stop near 1286.50, hard stop +10

& poss 2m

Scaled out 2/3 +2

1m not turning bullish, good sign for more downside

Tom: me being idiotic

Covered 50% of 1/3 +6

I know Tom, it was turning going into slant formation, but I went along with 2m chart' histo looking for a dip towards LOD

10m chart's histo now pretty bearish & that means hold shorts ImPO until 10m changes to bullish

 

[opt789]

Quote from JSSPMK:

? explain please

I was agreeing with your short bias, and would think that the "bears" would "c'mon" with oil at new highs and the financials at new lows. With that scenario, who would want to go out of their way to go long into the weekend? I prefaced it with "don't know" because although the logic of thesis is sound, anything can happen.

 

[Lawrence Chan]

Here we go, the flush.

 

[JSSPMK]

Quote from opt789:

I was agreeing with your short bias, and would think that the "bears" would "c'mon" with oil at new highs and the financials at new lows. With that scenario, who would want to go out of their way to go long into the weekend? I prefaced it with "don't know" because although the logic of thesis is sound, anything can happen.

I see, TY! Wave's 1275 is upon us, bloody hell

Anyway, I am not good with level projections, but to me 10m chart looks still pretty bearish

 

[tommymoose]

Taking a stab long! Long NQ 1845.50 stop 1844.00

Very low probability, awesome wedge R/R with a target in the 50's

stopped

JSS, i guess I'll get neither haha

 

[JSSPMK]

Quote from tommymoose:

Taking a stab long! Long NQ 1845.50 stop 1844.00

off 1m Tom? histo looks cool on it (ES), but only cool for a bounce ImPO, unless Wave's buddies decide to turn this thing around

 

[opt789]

Quote from JSSPMK:

I see, TY! Wave's 1275 is upon us, bloody hell

Anyway, I am not good with level projections, but to me 10m chart looks still pretty bearish

The low on the SPX is 1256.98, but the closing low is 1273.37, "they" should try to keep it from closing at a new low. With the ES premium that gets us to about 1275. I hope "they" fail, I would love to sell some vega above 30.