ES Journal Archive (2006 - 2008)

Status
Not open for further replies.
Quote from Spectre2007:

long biased trade no stop before FED meeting. Shorts, usually based on where the trade is entered in the ATR.
More...

spooz could be down 50 points, and it wouldn't phase me.

I have a underlying optimism for being long US equities when noone else wants to be.

14,400 on DOW expected by end of the year.
 
Quote from Spectre2007:

spooz could be down 50 points, and it wouldn't phase me.

I have a underlying optimism for being long US equities when noone else wants to be.
More...

What better way to achieve "Margin of Safety".
 
Just sold my SPY Nov 150 puts purchased just prior to yesterday's close at SPY 150.20, ESZ 1508.50.

Bot puts at 2.36, sld at 2.85, for slightly better than +20%.

Now flat.
 
Well, accumulation is buying, so if the accumulation is going to be ending soon, then how is the index going to rise? On the other hand, distribution is selling. So, if the selling subsides, then I can understand how the index may rise as a result.
 
Quote from wareco:

Well, accumulation is buying, so if the accumulation is going to be ending soon, then how is the index going to rise? On the other hand, distribution is selling. So, if the selling subsides, then I can understand how the index may rise as a result.
More...

The answer is in the name of the person who started this journal.
 
Status
Not open for further replies.
Back
Top