ES Journal Archive (2006 - 2008)

Status
Not open for further replies.
Quote from JSSPMK:

Most savvy traders need some sort of confirmation, even Apex needs a confirm after his zone's been hit

the confirmation, could have been, when the end of the world was being expected on Monday, people calling for '87 esce style feel, it didn't materialize.
 
Could woulda shoulda, Spec, I think many people struggle understanding your multiple views, very complex ImO, very much based on expectations, which is more investment like. For instance you are long, now you are short (short-term), why not just open a hedge at the time of going long? Maybe my brain simply can't comprehend what you are trying to achieve.
 
out most of day yesterday....................was it Merrils news that took the sppoz off it`s closing hi?......or was there some other news invovled?
 
Quote from Spooz Top:

out most of day yesterday....................was it Merrils news that took the sppoz off it`s closing hi?......or was there some other news invovled?

Merill.
 
very painful to see my resting sells missed at 28.50 to 31......as this was the reaction i expected from that zone................the catalyst is always helpful & always seems to coincide to paint the charts............almost like a Rembrant.
 
I am not prepared yet to enter a new long position in either NQ or ES. The longer term trend is up, but I will wait for the proper signal to go full position in one or the other--probably NQ. J knows the signal.
 
Quote from Buy1Sell2:

I am not prepared yet to enter a new long position in either NQ or ES. The longer term trend is up, but I will wait for the proper signal to go full position in one or the other--probably NQ. J knows the signal.

from the way the market has treated the longs past few months, most are sidelined till breakage of 1600 by a significant margin, it leads to a technical buy signal. Till then the volumes will be low, with short covering rallies.
 
Quote from Spectre2007:

from the way the market has treated the longs past few months, most are sidelined till breakage of 1600 by a significant margin, it leads to a technical buy signal. Till then the volumes will be low, with short covering rallies.

I am reasonably certain that 1600 and then 1750. My hope of course is that I can obtain the entry well in front of that. :)
 
Quote from Buy1Sell2:

I am reasonably certain that 1600 and then 1750. My hope of course is that I can obtain the entry well in front of that. :)

I would like the recession fears to hit it below 1440-1400, to put more cash to use. As most are hoping, as the FED eases, the global second wave of growth will lead to a short recession.

The MM's are hoping for the samething. To load up funds.
 
Status
Not open for further replies.
Back
Top