ES Journal Archive (2006 - 2008)

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Quote from romik:

And your problem with me is? Factual response would be a nice start.
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Shrug, I never had a "problem" with you, I just suggested something that you obviously don't agree with. I didn't bring up your name again after I said I would leave you alone, someone else did in relation to something I wrote in a facetious tone, but I never intended to continue our discussion and thought we'd parted ways on that.

You mentioned my name so I just responded.
 
If you are looking for a long party tonight check the Swissy breaking today's high...

:)


Quote from princessa:

i'm putting in a stop.

and don't worry about my coming after you one way or the other.

I and I ALONE am responsible for my trades. i ask your opinion only because i respect it.
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Quote from princessa:

much better chance of reaching 35 overnight or on a mild pullback. if i do 32, i have a much bigger loss to make up if it gets to that. hmmm...decisions, decisions.
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There is a rule of 10 buy at around 1435 on the longer chart which just happens to be a support level too and right around 1436 is a 50% retracement of the last move. By friday we either go to 1448 or 1428.
 
Quote from optionpro007:

If you are looking for a long party tonight check the Swissy breaking today's high...

:)
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i know only the stock index futures. what is the symbol for swiss franc?
 
Princessa,
I have been catching up on my reading tonight. It is kind of weird trying to get an angle on what is going to happen and when. I am still of the mindset that we are going up. However we are close to support which I have at 1435. So if it was me I would make sure you have a hard stop set probably around 1434 or 33 just for some wiggle room. If it breaks out to the upside for you I have resistance at 1444.50 or 1445 to be safe. A breakout of that could get you a very nice trade indeed.

So to make a long story short: set you a hard stop about 1434 and hope for the best.

BTW, there isn't anything wrong with holding overnight as long as you know the risk and if a few hundred bucks is not too much of a loss for you it could also turn out nice.

I wish you luck on it,
Gary
 
Quote from 4re:

Princessa,
I have been catching up on my reading tonight. It is kind of weird trying to get an angle on what is going to happen and when. I am still of the mindset that we are going up. However we are close to support which I have at 1435. So if it was me I would make sure you have a hard stop set probably around 1434 or 33 just for some wiggle room. If it breaks out to the upside for you I have resistance at 1444.50 or 1445 to be safe. A breakout of that could get you a very nice trade indeed.

So to make a long story short: set you a hard stop about 1434 and hope for the best.

BTW, there isn't anything wrong with holding overnight as long as you know the risk and if a few hundred bucks is not too much of a loss for you it could also turn out nice.

I wish you luck on it,
Gary
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thanks, gary!!!!


thanks to all the others who contributed as well...appreciate the input, dudes. my stop is set.

thanks, guys!!!

goodnight to all.
 
Just did some s&p cash daily analysis before hitting the sack. Look at this massive brick wall we are trading in and just above... People seem way to optimistic buying at these levels. This market is way overdue for a decent pullback and a volatility breakout. Typically, those always result in lower prices. Hopefully tomorrow will give some insight. Possibly a fresh new year breakout, run every single stop, get the whole world long and then nail it down viciously over the course of next week.
 

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