ES Journal Archive (2006 - 2008)

volente_00 · Dec 1, 2006

Quote from brightstone:

rule of ten seems pretty strong
dont think we have seen the LOD yet

short grail on the hourly

Works on the dow too as rule of 100.
How many shorts do you think got burned today ?

romik · Dec 1, 2006

Quote from volente_00:

Works on the dow too as rule of 100.
How many shorts do you think got burned today ?

same could be said for longs, couldn't it?

volente_00 · Dec 1, 2006

How much time was spent under ther closing price versus over it intraday ?

http://finance.yahoo.com/q/bc?s=^GSPC&t=1d

Put interest was over call interest 3 to 1 in SPY, If those puts show up as new writes come monday then we will probably move higher. 139 is still the pivotal area until interest changes.

http://finance.yahoo.com/q/bc?s=SPY&t=5d&l=on&z=m&q=l&c=

apex82 · Dec 2, 2006

Rule of 10? Im assuming this means a reversal or LOD/HOD after 10 points from the open in one direction?

volente_00 · Dec 2, 2006

or a 10 point move off of a previous support or resistance level

Buy1Sell2 · Dec 3, 2006

Quote from Buy1Sell2:

My goal here was to hold this long trade overnight. However, the trading in the last half hour affected the 60 minute chart to the point where I felt it was best to close out MOC and was filled at 1403.00 . Decent gain today but--again the 6 point target would have been better for me since I am not holding this one overnight. Talk to everyone tomorrow.

I thought it was best to step aside on Thursday evening and was fortunate that I did not leave those longs on. Looks like there was a very good long opportunity Fri although I did not trade Fri or even look at the markets after Thurs overnight action.

Buy1Sell2 · Dec 4, 2006

Long here at 1400.00

Buy1Sell2 · Dec 4, 2006

will add at 1402.00

volente_00 · Dec 4, 2006

6 point rule said sell at 1404

ForrestGump · Dec 4, 2006

Quote from Buy1Sell2:

Long here at 1400.00

Very good call. Well done!