ES Journal Archive (2006 - 2008)

BoyBrutus · Sep 2, 2008

Quote from Lawrence Chan:

The gap we get today will be filled .....

top call!

gwac · Sep 2, 2008

1846 is the 61.8% retracement from the 1765 low to the 1977 H.

That is the target...

gwac · Sep 2, 2008

No liquidity in this market, big guys just pushing this around.

NQ up 40 than down 60 on air....

startraitor · Sep 2, 2008

long 1277, 4 pt stop

Lawrence Chan · Sep 2, 2008

Quote from BoyBrutus:

top call!

Thank you.

The bots are taking the mkt to a target buy zone.

My bet is still the same, 46-50 area for ES.

wave · Sep 2, 2008

That was a double stopper popper on the upside and downside.

That long was a loss. If they break 75, I would cover shorts.

BoyBrutus · Sep 2, 2008

Quote from Lawrence Chan:

Thank you.

The bots are taking the mkt to a target buy zone.

My bet is still the same, 46-50 area for ES.

1275 S/R
NQ 1850

14:30 crude close

maybe a bounce here

Lawrence Chan · Sep 2, 2008

Quote from BoyBrutus:

1275 S/R
NQ 1850

14:30 crude close

maybe a bounce here

Bringing it down to somewhere below 70 is very profitable consider that there are many long term hedge funds are net long from below 60 and like having their stops raised up as of open today.

vertigo3 · Sep 2, 2008

Quote from Lawrence Chan:

Bringing it down to somewhere below 70 is very profitable consider that there are many long term hedge funds are net long from below 60 and like having their stops raised up as of open today.

where would those stops have been raised to?

Lawrence Chan · Sep 2, 2008

Quote from vertigo3:

where would those stops have been raised to?

There is absolutely no size being run today.

There are 2 mil contracts overnight on the front month.

We need to see at least a run of 1/4 of that to call the bluff

Volume will tell.

Edit: Price-wise - right below 70