ES Journal Archive (2006 - 2008)

[Marsupilami]

What's the T day crew ?

BTW: we are having a Total Lunar Eclipse today , also known as Blood Moon Eclipse.

http://sunearth.gsfc.nasa.gov/eclipse/LEplot/LEplot2001/LE2007Aug28T.GIF


Furthermore, several fibonacci time projections were indicating a top for yesterday, in addition to a turning point on the Bradley, so skipping the longs for today can be a good idea.

 

[Jaxon]

I figured T day = T uesday... but I subscribe to KISS

Back form vacation... for those of you looking for that "pot of gold" here is a pic I took driving back from North Carolina.

 

[kinggyppo]

long here, looking for a move up to $1458-$1460.

 

[saliva]

We'll likely be in a chop zone until the FOMC minutes is released. And then the market will probably continue going down.

 

[saxon22]

Quote from HolyGrail:

We should make it to 54. What happens after that I just don't know.

I must admit, you were right on with your figures. Impressive.

 

[HolyGrail]

LOL, It didn't do me any good. I had my stop set at 54. It touched it but didn't take me out. It ended up a b/e trade and now I am sitting waiting for a breakout above 250 or below 075

 

[Jaxon]

Quote from HolyGrail:

I had my stop set at 54. It touched it but didn't take me out.

How does that work? I have gotten better fills on stops, ie if my stop on a short position is 1454, I might actually get filled at 1453.75, but if the market squeezes out a 1454 print my stop is executed, no ifs ands or buts, even if 1 lot trades.

 

[HolyGrail]

I was long. It was a sell stop.

 

[HolyGrail]

now long at 5275. target 57

 

[Pa(b)st Prime]

Quote from islands111:

I think every1 who posts here, me included, got caught off guard by this downdraft.

I can tell by the silence here.

even mbusch with all his fancy charts couldnt forsee this.

just a thought

Funny you say that. Over the weekend I agreed 100% with your outlook of stronger stocks and weaker Bonds. Sunday night though I noticed a pattern in both NDX and SPX that spooked me. I immediately got short Sunday night and covered at really crap areas today (ES@63).

Last week being bullish was the perfect "wise guy" play. One could tell by the end of the weekend that the wiseguys were suddenly the crowd......