ES Journal Archive (2006 - 2008)

[startraitor]

should make one more push to 88.75 to 90, looking for shorts there if pa confirms.

 

[Pekelo]

This has been a classic so far. Broke out 880 (cash) went up to 886 then dropped back to the former BO line that acted as support now and bounced higher, currently 883. I don't think it will go much higher, we shall see...

Edit: reached 887....

 

[Lawrence Chan]

The big if - should ES stall below 900, would 2:10 miracle rally take it all the way up to the 920-930 level ?

 

[startraitor]

looking for trade back down to low 70's, break of 93.50 would send much higher.

 

[trackstar]

man now im kicking myself for only putting on a 2/3rds position. LOL.

for me to buy in during bear market conditions i like to see short covering rallys...nice and fast. I hate the ones like this....

 

[Lawrence Chan]

Quote from trackstar:

man now im kicking myself for only putting on a 2/3rds position. LOL.

for me to buy in during bear market conditions i like to see short covering rallys...nice and fast. I hate the ones like this....

As long as it is working out it is good

If we close below the level here, at 42 point range, it is still an "inside day" .... unthinkable 2 years ago!

 

[saliva]

Short 892.5

Volume looks anemic.

Stop @ 897-ish for those who cares about this kinda thang.

 

[trackstar]

Quote from Lawrence Chan:

As long as it is working out it is good

If we close below the level here, at 42 point range, it is still an "inside day" .... unthinkable 2 years ago!

LOL yeah. I cant imagine what kind of positions im going to be forced into using after this volatility goes away. Not looking forward to it....bet my brokers are.

 

[startraitor]

downside targets of 76, 67 and 58 here.

 

[saliva]

Quote from saliva:

Short 892.5

Volume looks anemic.

Stop @ 897-ish for those who cares about this kinda thang.

Took half off @ 882.75