ES Journal Archive (2006 - 2008)

[Buy1Sell2]

Even if I was daytrading here, my plan would not allow me to take long trades. It would only have me looking for shorts. Everyone have a great day and weekend . Over and Out

 

[storm121]

damn are shorts getting slaughtered today......

well I think that was it.capitulation happened yesterday.now its nothing but upside again for a few years.

as a sidenote, I think a lot of trading careers ended with today's rally.loads of shorts were caught short this morning.This will be confirmed by a strong close today and more short covering next week.

blackguard

 

[kinggyppo]

I have the high of the day for es at $1355.25 is that correct?

 

[mbusch]

Nice textbook 50% retracement here on low volume, now up, up and away...I hope! (Long from 1342.75, stop raised to B/E.)

Oops, make that a textoobk 61.8% retracement.

 

[ammo]

60.50 at 7'20 55 after 8.30 cst

 

[kinggyppo]

Quote from storm121:

damn are shorts getting slaughtered today......

well I think that was it.capitulation happened yesterday.now its nothing but upside again for a few years.

as a sidenote, I think a lot of trading careers ended with today's rally.loads of shorts were caught short this morning.This will be confirmed by a strong close today and more short covering next week.

blackguard

Have a look at this chart and tell me what is wrong with your statement. Hint Bearish engulfing candle.

 

[opt789]

Quote from Buy1Sell2:

Even if I was daytrading here, my plan would not allow me to take long trades. It would only have me looking for shorts. Everyone have a great day and weekend . Over and Out

It will be hard for the market to mount any meaningful rally while the evidence continues to point to the fact that one of the most powerful people in the financial world is incompetent.

 

[kinggyppo]

Quote from ammo:

60.50 at 7'20 55 after 8.30 cst

ok thank you.

 

[candles]

Well i posted a 6 point profit on a short trade earlier on this thread and my trading career STILL isn't over!! What's the world coming to, blackguard?

 

[mbusch]

Quote from mbusch:

Nice textbook 50% retracement here on low volume, now up, up and away...I hope! (Long from 1342.75, stop raised to B/E.)

Oops, make that a textoobk 61.8% retracement.

Make that textbook 78.6% retracement (Apex's favorite), and that's my final offer.

EDIT: Oh well, stopped out at B/E. Now, of course, we go to the moon... :eek: