ES Journal Archive (2006 - 2008)

[blaster1]

Out 1/2 pos ES @ 1500.25 + 4.25.
Out 1/2 ER2 @ 796.90 +3.10.

 

[Spectre2007]

4.8% 10 year............

if bears want to nail the equity trade, they have to keep moving the ball as deeply past the 50 day MA as possible and close it. Otherwise the bulls will use the 50 day MA in the volatility zone to keep routing bear positions.

 

[Spectre2007]

hows the CDO mess going?...........I don't follow the direct measures just indirect ones.

nonfarm payrolls coming up next week.

 

[blaster1]

Long again:
ES 1496
ER2 793.70

 

[opt789]

Quote from apex82:


If this 1491 area holds I see a 40 point rally on the horizon and the best trade is a long into a short covering panic.

Nice calls APEX.
You read that and think, hey a 40 point rally is pretty big, then you realize that is about where we were 12 hours ago.

 

[atticus]

Next stop, 1486.00

 

[blaster1]

Stopped out.

 

[Spectre2007]

hey atticus, you still long deltas?

 

[atticus]

Quote from Spectre2007:

hey atticus, you still long deltas?

Lord no. I was out at 1520 SPX.

 

[smilingsynic]

When market gaps down, and then just sits there, instead of snapping back, that is bearish (at least acc to my own research over the years).