ES Journal Archive (2006 - 2008)

[saliva]

Quote from Lawrence Chan:

The sell off is much more real this time.

If we are looking for a temp bottom, this one looks better than the last 2!

I beg to differ. There's a massive (read: huge!!) flight into T-bonds, which I understand is valued as next to nothing. Now that sound downright scarrrry!

 

[ammo]

sal, that's foriegn money converting to u.s., flight to safety,or dump and hold cash

 

[GermanTrader]

Tomorrow should be interesting. I don't trade Fridays but I will peek in to see how Paulson improves on today's performance...

>>Paulson: Crisis happens once or twice in 100 years>>

Stand up and hold your longs high and proud if you think a depression is not en route.

http://finance.yahoo.com/news/Paulson-crisis-happens-once-apf-13635212.html

 

[dumb_mother]

long 756, i'll add at 725 and s/l 705- looking to catch a bear rally at some point hopefully going into next week.

 

[startraitor]

Expecting overnight intervention, action, announcements, etc. Will hold for extended updrift into open.

Quote from startraitor:

stopped out on last long, getting long 750 for overnight drift. 12 pt stop, target 875+

 

[saliva]

Quote from GermanTrader:

>>Paulson: Crisis happens once or twice in 100 years>>

Stand up and hold your longs high and proud if you think a depression is not en route.

http://finance.yahoo.com/news/Paulson-crisis-happens-once-apf-13635212.html

I think the real crisis will occur within the first 3 months of Obama's presidency. I think this market will do everything possible under the sun to twist his arm. Will we all be sitting pretty at 500 mark by then?

Be that as it may, have you noticed all these threads full of crap popping up everywhere around here? Damn, it's almost nauseating!

 

[stoneface]

dshort.com 's comparison. technically... this looks pretty bleak. The .com'ers had it bad... but general market was okay. This is general tanking of everything.

 

[volente_00]

Quote from ammo:

VOL, can u make any sense out of the open interest for exp, care to share

http://finance.yahoo.com/q?s=SZCWB.X

 

[Jahajee]

I concluded we are near a bottom so I decided to
go on a CALL binge.

I loaded up on calls during last 20 minutes. I have allocated
45K for calls during the next day or two.

50 DEC XLF 10 @ 1.16

50 DEC BAC 12.5 @ 1.67

30 DEC INTC 13 @ 0.93
30 DEC INTC 12 @ 1.42

25 DEC QQQQ 26 @ 2.14

Will add more on any further decline to SPX 720

 

[Jahajee]

Quote from Jahajee:

I concluded we are near a bottom so I decided to
go on a CALL binge.

I loaded up on calls during last 20 minutes. I have allocated
45K for calls during the next day or two.

50 DEC XLF 10 @ 1.16

50 DEC BAC 12.5 @ 1.67

30 DEC INTC 13 @ 0.93
30 DEC INTC 12 @ 1.42

25 DEC QQQQ 26 @ 2.14

Will add more on any further decline to SPX 720

Jeez, I seem to be the only bullish trader in the forum!
Maybe I would not have bought calls if I was reading posts during the last half hour. Anyway, I will try to keep losses less than 50% of total cost.