ES Journal Archive (2006 - 2008)

Status
Not open for further replies.
Quote from romik:

I have a swing short open at 1387.75 average price with a flexible stop

I know, trade disregarded for ... What about Lehman? 150+ year old bank went tits up, more to come so some say.
 

Attachments

Quote from tommymoose:

Dont sleep on a 50% retrace from 2003 lows... a bounce was a guarantee. Whether it becomes "the bottom" remains to be seen but it certainly has potential.

gov't bailout just happened to coincide nicely... they plan these things, dont you know? Did you see the "FED wants GS and JPM to loan AIG money" headline that hit during the same time we were testing the AM lows yesterday? They were trying to create a double bottom. Anticipate the fundamentals to coincide with the technicals.
Yup, them boat load of big mother %^&!$ SOBs know how to time this market. However, if Uncle Bernie doesn't slash the interest rate by 50-basis point as anticipated by the market, it's safe to say that you can kiss your 50% retracement goodbye.

Just how low can we go? How about 1155 for a change!
 
BB,
I used to read that blog. Maybe I got the address from you. It was very good, I wished he had continued to post. blog contains good information.
 
Quote from jagmot:

Let's try this again.

Long 1192.50
Stop 89.50

MA crossover

Edit: Stop to 1193 (12:24PM EST)

Stopped out for 2 ticks.

Looking for reentry at 1191.00
Edit: (canceled)

...Need to work on stop placement more.
 
Quote from jagmot:

Stopped out for 2 ticks.

Looking for reentry at 1191.00
Edit: (canceled)

...Need to work on stop placement more.

I'd say the market doesn't it lend itself right now to tight stops. A function of volatility.

OldTrader
 
We have traded 329,593,000 shares on spy already and we are basically flat. mmmm. Looks like the powers that be can move this any way they want. AIG and rate cut on the table. What are the pundits pricing in .50 pt cut or nada?
 
Status
Not open for further replies.
Back
Top