ES Journal Archive (2006 - 2008)

[pulsescan]

I just got back from lunch. Wow! I guess this market is ready to head lower. No 2pm bailout coming? I say she collapses hard on the close. no way that the bipartesan deal is going to go through as is.



still holding YM & ES shorts. moved stop to breakeven just in case im wrong on this one.

 

[Lawrence Chan]

Quote from princessa:

wow, looks like 87 held.

now, let's see if we can get that 2% bounce lc is calling for....

Short funds have 2 days to liquidate their longs (no short allowed!) to push everything lower so that they can recoup their losses as soon as they can - before their reporting to clients by quarter end

2% is not much, just 24 pts ... so the target is just 1187 + 24 = 1211 or so.

 

[BoyBrutus]

Quote from Lawrence Chan:

Short funds have 2 days to liquidate their longs (no short allowed!) to push everything lower so that they can recoup their losses as soon as they can - before their reporting to clients by quarter end

2% is not much, just 24 pts ... so the target is just 1187 + 24 = 1211 or so.

Thanks LC


Did you join before or after September 11?

 

[pulsescan]

Quote from Lawrence Chan:

Short funds have 2 days to liquidate their longs (no short allowed!) to push everything lower so that they can recoup their losses as soon as they can - before their reporting to clients by quarter end

2% is not much, just 24 pts ... so the target is just 1187 + 24 = 1211 or so.

60 min chart looks to heavy. If ES takes out 1201.75 then I'd say YUP. your price targets are definately in play.

 

[pulsescan]

ok,
stopped out for a small profit.

 

[Lawrence Chan]

Quote from pulsescan:

60 min chart looks to heavy. If ES takes out 1201.75 then I'd say YUP. your price targets are definately in play.

NQ hits 1680 but ES failed to confirm.

 

[Lawrence Chan]

Quote from BoyBrutus:

Thanks LC


Did you join before or after September 11?

Don't understand?

 

[vertigo3]

LC in your profile on the left of the posts to the thread it has
registered: Sept 2001

 

[Lawrence Chan]

Quote from vertigo3:

LC in your profile on the left of the posts to the thread it has
registered: Sept 2001

Got it now.

I joined long before that. It was modified when my handle was modified to reflect that our company is an advertiser.

 

[BoyBrutus]

Quote from Lawrence Chan:

Got it now.

I joined long before that. It was modified when my handle was modified to reflect that our company is an advertiser.

I see, you must be a wealth of knowledge.

I saw your posts in the Ultimate Dax scalping thread.