ES Journal Archive (2006 - 2008)

Lawrence Chan · Sep 3, 2008

Quote from gwac:

where is the gap and from what date

Back from beginning of Aug.

Way down at around 1800 ... hopefully not.

Edit: Top of gap is mid-1820, bottom 1800

gwac · Sep 3, 2008

NQ is a 1000 pound weight around ES`s neck...

Regal we hit a new daily low on es

jagmot · Sep 3, 2008

Quote from jagmot:

I'm now starting to build a short position in the ES.

Looking for an avg price short at about 1296 if we can get there.

1 contract short at 1284.50
Stop 1315 (for all contracts)

More sells at 1288, 1292, 1296, 1302, 1305, and 1308.

Targets are at 1200
--------------------------------------------------------------------------------

Quick update on this trade.
I've pulled the remaining sells at 1302, 1305, and 1308 and am short 4 contracts at an avg price of 1290.125.
Stop at 1315
Targets are 1264, 1247, 1226, and 1204.

Target 1 hit, moved to 1267.25. 3 contracts short remain.

Stop moved to slightly above BE at 1289.

gwac · Sep 3, 2008

aug 4th close 1811.75

aug 5th low 1826.75

NQ gap

Lawrence Chan · Sep 3, 2008

2 days in a row the first buy area fail to hold up.

regal_2012 · Sep 3, 2008

im going to confuse the hell out of you

guess what, u deserve it.

Pholeuon · Sep 3, 2008

Do you know that regal can be correct with todays bottom? If NQ will close that gap and ES will end somewhere well bellow 60 it is possible that we will start like space ship from there tomorrow .

gwac · Sep 3, 2008

Not sure all of this means anything, since volume is still brutal.

Easy to push this market around...

Quote from Lawrence Chan:

2 days in a row the first buy area fail to hold up.

kinggyppo · Sep 3, 2008

long spy 127.15 no stop.

gwac · Sep 3, 2008

This is just a replay of the last 2 weeks, NQ pushing ES to the low 60`s. Doubt we break the 60 area. As for the NQ gap, we are down 23 points already on air, not sure that this gap can be filled today, but tomorrow is another day.

Quote from Pholeuon:

Do you know that regal can be correct with todays bottom? If NQ will close that gap and ES will end somewhere well bellow 60 it is possible that we will start like space ship from there tomorrow .