ES Journal Archive (2006 - 2008)

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Just closed my entire $200K position in SDS (double short S&P 500 ETF) for a very very nice profit...haven't even calculated it yet. Now flat. Too much adrenaline rush for me to handle.
 
like i`ve been saying about the fed..........the whining perma bulls get there cut & it just is`nt good enough for them...they wanted anther .50 cut........now the fed is implying " no mas" stance.
the bulls lord & savior has left the building.
 
Quote from mbusch:

Just closed my entire $200K position in SDS (double short S&P 500 ETF) for a very very nice profit...haven't even calculated it yet. Now flat. Too much adrenaline rush for me to handle.

congrats!! leave 50k on at least though... this could be a homerun.. odds are we move below 1500 to where you said 1460-1470 there is going to be reactions to sit through though.
 
Quote from apex82:

buy stop moved down to 1518.50

stopped out last unit at 1518.50 for an approximate gain of 12pts per contract on the last unit with a 2 pt stop

1:6 risk to reward.... gotta love it
 
Quote from apex82:

leave 50k on at least though... this could be a homerun.. odds are we move below 1500 to where you said 1460-1470
Looks like I'll get a chance to do that at a better price than where I closed out. A $50K runner won't interfere with my beauty sleep; a $200K position would have. I guess that pretty well calibrates my wuss threshold! :)
 
Quote from mbusch:

Looks like I'll get a chance to do that at a better price than where I closed out. A $50K runner won't interfere with my beauty sleep; a $200K position would have. I guess that pretty well calibrates my wuss threshold! :)

ya would be nice to get a move back up to 1524-1525 to dip short again...
 
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