ES Journal Archive (2006 - 2008)

jficquette · May 18, 2007

Quote from tommymoose:

Crossing my fingers for one final rally of exhausted buyers... then a final hour selloff like yesterday

Problem is market is totally different then yesterday. Yesterday dow was flat as was compx and ad line was neutral, today ad line is very bullish and compx is up big %

John

mbusch · May 18, 2007

Quote from apex82:

...and there is cfs coming into the 1526 area as well.

cfs?

apex82 · May 18, 2007

Quote from mbusch:

cfs?

cf=confirming facors

This market is being manipulated to the upside today by the insti's.... Will be very interesting to see what happens next week

mbusch · May 18, 2007

S: 1526.75
BS: 158.25 (1.5pts)
PT: however low it goes by EOD/EOW
(Not sure I have the cajones to carry over the weekend, if it comes to that.)

Lance Carson · May 18, 2007

Quote from mbusch:

S: 1526.75
BS: 158.25 (1.5pts)
PT: however low it goes by EOD/EOW
(Not sure I have the cajones to carry over the weekend, if it comes to that.)

cajones=wooden boxes,big size - cojones= balls,guts,willpower,between your legs( usually)

mbusch · May 18, 2007

Quote from Lance Carson:

cajones= boxes,baules- cojones= balls,guts,willpower

I have neither the cajones nor the cojones to hold over the weekend. :eek:

apex82 · May 18, 2007

Quote from apex82:

Have orders to get short at 1527.50 with a stop at 1529. Target 1 is 30pts below the market. Going to go make myself an omellete as well.

Been on fire lately.... Have taken a few small losses today though. Thats why I always reduce size on option expiry. Looking nice so far. There will be be a bounce and most likely a retest today if not next week, no doubt about it. Just going to hold through it.

You notice the volume that came into the market right when it was getting into the area...

mbusch · May 18, 2007

Quote from apex82:

You notice the volume that came into the market right when it was getting into the area...

Yes, that's why I decided not to get in when you did: Volume was too low to be the top. I entered right when the volume came in at 2:20pm, although my entrypoint wound up being only 3 ticks higher than yours.

Where do you have your stop? Mine is presently 1 tick above HOD but I'm worried that might be too tight.

Spectre2007 · May 18, 2007

30 minute trendy broken

Lance Carson · May 18, 2007

Quote from mbusch:

Yes, that's why I decided not to get in when you did: Volume was too low to be the top. I entered right when the volume came in at 2:20pm, although my entrypoint wound up being only 3 ticks higher than yours.

Where do you have your stop? Mine is presently 1 tick above HOD but I'm worried that might be too tight.

Best entries are after a spike of Volume of more than 6M