ES Journal Archive (2006 - 2008)

[Lawrence Chan]

We are 5% lower since Monday.

The weekly chart is as bad as it can get if we close in the lower part of this week's range.

 

[Pekelo]

Life goes so fast. Can you believe I posted this 370 days ago in the ADU timeline thread?:

Quote from Pekelo on 09-27-07 09:06 AM:

The next day play after an SDD is to go long right at the close. There is almost always an overnight upgap that goes higher after the open and reverses at 10 am, falling into 10:30. After that it can go either way.

We just had a 1143 high at 10:01, +25 points since the cash close yesterday...As I am writing this it fell to 1136, 5 minutes later....

 

[Buy1Sell2]

Quote from Buy1Sell2:

I believe this stop to be in no man's land. In other words, it's not close enough OR it's not far enough away.

Trade may be successful, but it would just be good fortune in my estimation.

If this were my trade, I would take my 6 points and walk away. But that's me.

Iloveoptions:This is what I meant by either being not close enough or not far enough away. The stop was well within the noise and was an easy target. Sorry about your loss. I wish I had been wrong.

 

[BoyBrutus]

House begins vote
takes about 1/2 hr ?


Edit: sorry may just be congressional procedure at this stage.

 

[newguy05]

no vote yet.

Stranges times when vix >40 is the norm...

 

[Rtrader2525]

Quote from newguy05:

no vote yet.

Stranges times when vix >40 is the norm...

ya no shit man

 

[wave]

Those buyers on the drop yesterday going to dump at 1163.

 

[ggoyal]

phod coming up

 

[Lawrence Chan]

What if there is no vote and no announcement whether there will be a vote by Monday?

 

[Anna K.]

looks like the vote is going to happen today - house is debating it now and will vote soon.