ES Journal Archive (2006 - 2008)

[Buy1Sell2]

11-17-08 09:24 AM

Long 851.00

Initial stop 812.00
Out 865.50

Looking for the next long

 

[MandelbrotSet]

Quote from saliva:

CNBC reports that Mark Cuban is now getting screwed by SEC. Does that mean SEC is cracking down on market timers?

No, it means that Mark Cuban has been charged with insider trading. :eek:

Mark Cuban Trades on Inside Information

 

[Pekelo]

Quote from Pekelo:

let me call my folks....

The folks said we would close the gap first (get it out of the way) before further down.

 

[saliva]

Quote from MandelbrotSet:

No, it means that Mark Cuban has been charged with insider trading. :eek:

Mark Cuban Trades on Inside Information

Yes, I'm aware of that. But I dunno, this rather smells fishy to me. First, this occured 4 years ago. What took them so damn long to bring the charge against him?! Second, it looks more like the SEC is looking for scapegoats than genuine crooks like the rating agencies that literally screwed us up.

 

[ammo]

Quote from ammo:

[,so i'm long here 867 [/B]

out 73

 

[Lawrence Chan]

Quote from Pekelo:

The folks said we would close the gap first (get it out of the way) before further down.

Still holding up fine here ...

 

[dmartin]

Sold 2/3 positions 877.75

DMartin

 

[saliva]

Quote from Lawrence Chan:

Still holding up fine here ...

It's showing a sign of fatigue.

 

[Lawrence Chan]

Quote from saliva:

It's showing a sign of fatigue.

Failed at pivot, should drift back to open range area ...

But no signs of melt down yet!

 

[saliva]

Quote from dmartin:

I just bought ES at 854 with a stop at 698.5. The stop represents 1% of my TNW.

Sold 2/3 positions 877.75

DMartin

Man, when you said you're willing to hold the position for 150 point swing, I figured you would also hold it until we hit the 1000 mark. Whatever happened to 1:1 risk/reward?