ES Journal Archive (2006 - 2008)

[wave]

Now remember the long @ 1230 that got washed out? They want to get it back there. 1230-1232 = short area.

 

[wave]

This volatility is wonderful. If you bought 1212 you made 12 pts, with room for 6 more points.

 

[tomahawk]

Quote from gwac:

Oil is down

$ has gained back it losses

vix got above 30

financials are recovering midday


NICE day to squeeze the shorts.

Makes sense to me - certainly explains the bounce so far. Let's continue to watch oil and financials ...

 

[JSSPMK]

Wow, has another oil field been discovered or is it just a DT?

 

[gwac]

They are having trouble coming up with excuses on why oil should continue upward.

Quote from JSSPMK:

Wow, has another oil field been discovered or is it just a DT?

 

[Lawrence Chan]

Someone wanted to trap the longs from yesterday ...

Only reason is to take the market down below 1200.

 

[gwac]

The currency market is very interesting these days.

Whatever economy that is melting down the slowest wins!!!!

ECB rate hike, wait till they reverse that with egg on their face.

 

[smilingsynic]

Quote from smilingsynic:

Quote from 7/12. Long ES 1202.50. Long DIA from YM 10819 in IRA. Stops will be placed after the bounce--these are not intended to be intraday trades.

Sold 1/4 of DIA position (IRA) at 11014 YM (triple top--Wyckoff upthrust off of yesterday's close--me being chicken).

 

[ammo]

Quote from gwac:

They are having trouble coming up with excuse on why oil should continue upward.

ppt is at work

 

[JSSPMK]

Daily histo on INDU is pretty flat near centreline which suggests that there is substance in a possible EOD hammer.