ES Journal Archive (2006 - 2008)

[volente_00]

bulls have to break it here at the 50% or bears will feast

 

[avarus]

Quote from volente_00:

bulls have to break it here at the 50% or bears will feast

Volente 1415.

 

[Spectre2007]

1404 target.

 

[avarus]

Quote from Spectre2007:

1404 target.

yes that too. Spectre are you in NY or virgin islands?

 

[mbusch]

Short from 1424.00, 1/2 position, close stop.

 

[Spectre2007]

Quote from avarus:

yes that too. Spectre are you in NY or virgin islands?

NY,.. , markets love to spike from gloom,... but only around 3:30 PM.

 

[mbusch]

Quote from mbusch:

Short from 1424.00, 1/2 position, close stop.

Doesn't feel right. Out at breakeven 1424.00. Regrouping.

 

[Spectre2007]

from now till 3:30.. price action has to entice the shorts...otherwise it becomes much harder to move up.

 

[mbusch]

Quote from apex82:

Im not saying im chasing this market on every 1 pt dip.. just trailing stops up and going to wait for a correction to ensue and then think about positioning long.

I think I lost track of your position, Apex. You net long, flat, or what right now?

(I'm daytrade flat, swing short.)

I try to be an independent thinker here, but I sure hate fading you.

 

[mbusch]

Quote from Spectre2007:

from now till 3:30.. price action has to entice the shorts

You mean like a double top at 1428.50?

EDIT: Oops. Better make that a H&S.

EDIT: Wyckoff thrust? (Oh, the possibilities are endless!)