ES Journal Archive (2006 - 2008)

[kinggyppo]

long spy 82.48 .75 stop

 

[jmoo]

Thanks, good advice.. Reloaded and took the trade for a scalp. Not staying long with this PA


missed 15 handles by 1 point.....

no quasi revenge trades loaded...



L 818 limit order tgt 822 or better depends on PA
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But then you could have scored more than 40 handles had you sold short at the close yesterday. Don't get too caught up with "woulda, shoulda, coulda". There's always an opportunity. Trying to make up for the missed opportunity will rather get you on the straight express to poorhouse.

 

[Lawrence Chan]

Was hoping of S1 breach and failure at 40 ... never happened.

It is so weak now, who is supporting 820 level?

 

[saliva]

Quote from Pekelo:

Edit: We just had a new LOD at 817.5 (3:27), so the rule proved to be correct. From now it is anyone's guess...

How about come tomorrow, we start a brand new downward cycle.

 

[rock34748]

Quote from saliva:

How about come tomorrow, we start a brand new downward cycle.

Highly likely because I just went long.

 

[Lawrence Chan]

To go long, wait for 4:00 pm

 

[saliva]

A measured-move calculated from this morning's drop would suggest we end near 800-ish.

 

[Jahajee]

This is climactic selling. A real test of SPX 815. Big negative ticks. High volume. A low is being made.

 

[Lawrence Chan]

Quote from Jahajee:

This is climactic selling. A real test of SPX 815. Big negative ticks. High volume. A low is being made.

What about the finishing move - margin call selling on close?

 

[kinggyppo]

Quote from kinggyppo:

long spy 82.48 .75 stop

stopped out, should have covered. (no shoulda woulda coulda)