ES Journal Archive (2006 - 2008)

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It looks like some big boys are moving the market with S&P futures totally disregarding price and jamming it in random intervals painting a pretty chart for fools to jump in and buy near the highs. I'm sure the buy program will be unwound next week sometime, probably after the Bernanke Wall Street rescue announcement.
 
Quote from Anekdoten:

Spectre,

Look at all those useless MA crossovers on that very same chart.

If price is chopping it's a useless signal.

Anek
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Hey Anek, did you catch this one from the other day. Perfect double bottom, intraday. :)
 

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Quote from kinggyppo:

Hey Anek, did you catch this one from the other day. Perfect double bottom, intraday. :)
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That one was a work of art as it formed on the big charts too, possibly why it worked so well and so fast.

Anek
 

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Quote from mbusch at the open Friday morning:

The SPY Nov 155 calls I bought yesterday are now up 75%. Raised my stop-loss in case something bad happens while I'm in the air, but hoping to hold them to FOMC for a homerun.
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I was in the air and offline during market hours Friday. I landed after the close to find that my raised stop-loss was hit on those SPY Nov 155 calls during the intra-day dip. So I'll have to settle for a 43% realized profit instead of the 87% unrealized profit they would have had by the close. On the other hand, I don't have to worry about bad news over the weekend, so I guess I can live with that.

Nice weekend, everybody.

P.S. Nice to see you back posting, Apex!!! :)

P.P.S. Who's this <a href=http://en.wikipedia.org/wiki/Narcissistic_personality_disorder#Diagnostic_criteria>narcissistic jerk</a> who calls himself my2cents? :mad:
 
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