ES Journal Archive (2006 - 2008)

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Quote from Spectre2007:

never short the market into the close of ebay earnings.
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Don'cha just love it when Spec starts a sentence with the word "Never..."? :)

I remember in high school that if you were taking a multiple-choice exam and you hadn't a clue what the right answer was, you could be certain that any answer containing "never" or "always" was the wrong answer.

Jes' joshin' ya, Spec. :)
 
Quote from mbusch:

I'm right with ya, but I'm worried about the stop. We were a tad early. It's gonna be a squeaker.
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Whew!

I'm exhausted!!! :)

EDIT: Wow, look at the volume between 3:50 and 4:00 ET. That's gotta be the ES version of an orgasm. :D
 
Quote from 2006:

Gawd it did exactly what I thought it would do and I didn't capitilize.

Must hold longer.
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Yeah, isn't it just a BITCH to be patient? Seriously, it has to be one of the most difficult skills a trader has to master. That, and accepting losses.
 
Quote from mbusch:

Yeah, isn't it just a BITCH to be patient? Seriously, it has to be one of the most difficult skills a trader has to master. That, and accepting losses.
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Wow patience and accepting risk? No way?

We are paid to wait and take risks. Little patience and small stops won't get you to the end of the rainbow.
 
well the warning sign for the shorts is when the 40-45 zone held past 2:30.

since that level held, price is essentially a ping pong ball, now it should test the 60-64 zone.

edit: I wouldn't short in afterhours, stops will be run to the downside all night and then reversal at 3:00 am or so and the market will open positive and close the week out positive.
 
Quote from wave:

I hope you bought the fear. I did and so did "they". Covering longs @57-60.
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wave, I am not following you. Were you buying the 1550 / 1551 area this morning? The low of 1542.50 came later. My stops are much tighter than that.
 
Quote from apex82:

well they got me.... what can ya do...

was there any news?
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who got you?

Didn't you get short at 1555.50 with
a buy stop at 1557.00 ? (1.5 pts)

High print into the close was 1556.75, no?

I am cornfused!! :confused:


:p
 
Quote from Jaxon:

wave, I am not following you. Were you buying the 1550 / 1551 area this morning? The low of 1542.50 came later. My stops are much tighter than that.
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My stops are wider, I average in , and I was also short at the same time. Think in percentages.
 
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