ES Journal Archive (2006 - 2008)

Status
Not open for further replies.
Quote from kinggyppo:

I hope this is a short term bottom, I know a lot of people got killed I am up but have taken some hits as well. Here is the reversal candle. I am not long biased but it seems every time I take a short I get my ass handed to me. I was 20 or 30 points early yesterday.
More...

I hope so too.

Almost every single person I know has called me on the market and what to do. I tell them that for anyone under 50, this is a buying opportunity.

"How will I know when it hits bottom"

Only after the fact, that's why you should average in over time (using a 401k paycheck withdrawal every month as an example)
 
Excellent.

Quote from vertigo3:

RE VIX,
if you are looking at a chart of the VIX, you are seeing real values for the history you are looking at.

It was reconfigured in 02, VIX used to be based on OEX options volatility, then goldman (ruler of the financial world) talked CBOE into slightly different calc and base the volatility on the S&P 500. They calculated the value back for 10 years prior to 2002 adoption (it was either 02 or 03). SO don't worry you are viewing legitimate history.

The OEX volatility index uised to be VIX, but now OEX volatility is ticker VXO.
More...
 
Anyone else notice the markets act strange around futures expiry. I always wonder where that premium goes, probably have an up week next week, just a thought.
 
I usually don't post but I think I should. And before I do, there are people I trade with during the day on ET, so there is accountablilty for these trades. I am up 40 es points on the day...2 points away from my record...looking to make this a 50 point day...famous last words, I know.
 
Status
Not open for further replies.
Back
Top