ES Journal Archive (2006 - 2008)

Status
Not open for further replies.
Quote from Spooz Top:

it`s all about the daily TL on ES07Z now to determine where we go.....today i believe we trade well inside yesterdays big range putting in another IVB as yesterdays bar was very ominous & gives me a bearish bias....i`d like to see a move into the lo/mid 70`s to sell....hi 70`s even better.

lo/mid 70`s was the ticket........as the 30/60 min diamond is jepardizing bullish sentiment & threatning the daily TL as we`re sitting there right now.....i target shot mid 70`s on friday & caught a piece of this move but majority of my sells were sitting between 76/78

storm clouds are settling in.....looking for sentiment shift here.
 
right now it's about time for the short-term traders (bears) to book some profits. (but to lift prices a little.
1559.00 was the overnight low coming into Friday's session.
ANy print 1559.00 should sponsor some buying.
Bulls bears and pigs.
Intraday traders bears who know better than becoming pigs should start sopme covering.
 
Short from 1568.75 at 10:30 ET. Closed trade at 1560.25 at 11:15 ET for +8.5. I agree with Vertigo that it's time for a retracement, but I'm not comfortable going long today, so I'm going to take a breakfast break and see how things unfold from here.

I've been holding SPY November puts for awhile. I got in those a bit too early, but I'm hoping the expiration is far enough out that my bearishness will be rewarded.

EDIT: Wow, the bearish momentum is impressive! Perhaps the pigs are getting rewarded after all. :)
 
2 predictions from the chatroom early on:

Pekelo (Oct 15, 2007 9:44:24 AM)
gm, I expect we close in the red


and:

Pekelo (Oct 15, 2007 10:03:44 AM)
I think B1S2 will give back a nice chunk of his gains
 
Quote from saxon22:

Ok guys prediction: I see falling ES into 1550 on Monday. That desparate knock (several ) which got us only to 74 was lame.

Good call, I held my short over the weekend covered early for a small gain. Big tech earnings this week. Need to take some air out here. Looking for a long reversal later today or tomorrow.
 
Quote from Pekelo:

2 predictions from the chatroom early on:

Pekelo (Oct 15, 2007 9:44:24 AM)
gm, I expect we close in the red


and:

Pekelo (Oct 15, 2007 10:03:44 AM)
I think B1S2 will give back a nice chunk of his gains

Pekelo,whats this obsession you have with predictions...& your predictions coming to fruition......most of the time being wrong anyway.

i think you need to show B1 a little more respect than what you have been displaying......remember ,you`re a guest in his thread!
 
Status
Not open for further replies.
Back
Top