ES Journal Archive (2006 - 2008)

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Quote from atticus:

regardless, I am done sparring with you.
Much appreciated, both of you. Such sparring is best done via PM, not in public. It's unpleasant for the rest of us who participate here. Thanks for your restraint.
 
update on euro....

Im looking to take more profits off on one more low.. has moved almost 500 pips from entry and almost at an area where I am looking to reverse and go long. The jobs report will hopefully allow me to exit into panic or else I will have to cough up some profits if its starts going skyward.


Also watching the swiss franc to possibly get a swing position long on the futures over the next few days if oppurtunity presents itself.
 
Quote from atticus:

No more so than you can prove without a doubt it's relevant. I've already posted the anachronism of arbitrage unwinding and pinning. You made an argument for the 152-153 strikes, now it's 150...

Chart an OI histogram and you'll see that the OI distribution will approximate a normal distro.

I edited the derogatory. You can ignore my argument or not, regardless, I am done sparring with you. Believe what you want.


It's relevant to me and if it helps me take your money then I'm gonna keep using it. That 152-153 was for last months high range. Last I checked Nov 07 spy is no longer trading. But where did spy fail once I talked about 152-153 ? And for the hundreth time, IT IS NOT ABOUT PINNING, it is about selling premium to the hope buyers.

http://finance.yahoo.com/q/bc?s=SPY&t=3m

All I know is it works for me and if others can't won't don't see the story in them then that is just fine. You argument has little merit compared to the facts that have been posted on this board that were derived from the change of such a simple concept as open interest.
 
Quote from mbusch:

Much appreciated, both of you. Such sparring is best done via PM, not in public. It's unpleasant for the rest of us who participate here. Thanks for your restraint.


No apology from me. I was speaking of how SPY options help me trade ES when I was attacked because someone does not understand the concept. If you have an opinion that is fine but using childlike derogatory comments is no way to argue a point.
 
Quote from mbusch:

Much appreciated, both of you. Such sparring is best done via PM, not in public. It's unpleasant for the rest of us who participate here. Thanks for your restraint.

You are seriously right about that call. Late yesterday I thought I was on a different discussion board. I HOPE THINGS GO BACK TO NORMAL AND BACK TO DOING business.
 
Personally I like the drama. The name tossing is great.

Back to business. I wish we would go up a little more so I could fade the open. Any large move to the upside [In the morning] should be sold IMO.

Currently flat -- I had sell orders @ 2138-2139. But as usual missed the sell by a few ticks and it moved a little too fast for me to get on board.

Feels like I'll be doing a lot of scalping today -- expecting the range to contract.
 
Quote from apex82:

getting an itchy trigger finger in AH...

long ym at 13597

17 or so pt stop

target 1 30-40 pts

small size due to AH

stopped out 5 pts from the low......
 
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