ES Journal Archive (2006 - 2008)
- Thread starter Buy1Sell2
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just closed all my positions for a net $1000 profit, took a big loss on the options due to afterhour spreads. Only thing i have left now is a small position on far otm puts.
fucking mccain, looks like this 100% guarenteed bailout may not happen now. If so, market is fucked tomorrow, waiting for announcement tonight on what's going on.
fucking mccain, looks like this 100% guarenteed bailout may not happen now. If so, market is fucked tomorrow, waiting for announcement tonight on what's going on.
Quote from Decel:
Bailout fails and the 5pt premium is still there
Going long @ 1200 (maybe?) if it goes down there. Can it go to 15min 200ma @ 1199? Strong support @ 1188-ish...
Plunge baby plunge!
what's that smell ?
?
I'm too scared for a 1200 bid, but I have a buy @ 1189, as I feel rather comfortable at that level. I'm ready to hold that through the weekend if I must.
goddammit the NQ is cratering (RIMM probably), but the ES is sitting on the brick wall that is the 15Min MA200.
Make like Humpty Dumpty and fall!
ES 60Min chart has a lot of downward space, but the 15Min on all (ES/NQ/YM) look oversold. I even have bullish divergences on the historigram...
Tempted to hit that 1197.50.... argh...
Edit: Went long @ 1200, all 15min charts printed hammers, the ES's one is on the 200ma...
Stop... 1175 Target: Tomorrow's open?
I would not be too confident in longs. 60min chart shows a major H&S from the 17th and 19th, the second shoulder just put in today (topped some 5pts lower than the 17th).
I don't see any particular reason that we couldn't head back to 1160-1180 in AH or tomorrow. Consolidation in a wide lateral doesn't seem unreasonable as long as nobody's really sure what the bailout will look like (or even if it'll pass).
I don't see any particular reason that we couldn't head back to 1160-1180 in AH or tomorrow. Consolidation in a wide lateral doesn't seem unreasonable as long as nobody's really sure what the bailout will look like (or even if it'll pass).
Thanks for your view!
Personally, I don't see the H&S... where's the neckline?
I have to admit that it's a bit of playing with fire. The only thing I'm affraid of is that gap from yesterday's close, but on the 15 it seems to want to head up.
I'll place a sell stop @ 1210 (in case it hits), and if it does I'll look to go long again when I wake up, assuming it sold and the price went back below the 1210 target.
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