ES Journal Archive (2006 - 2008)

[startraitor]

exit 61...

Quote from startraitor:

small long 55.75, stop 52, target 60

 

[startraitor]

very small short 63.50, target 52-, will hold for pa stop but hard at 70

 

[saliva]

Taking half off the table at 63.50

 

[startraitor]

adding 68.25, stop on original 1 to 70, holding bigger position with stop 73.50

Quote from startraitor:

very small short 63.50, target 52-, will hold for pa stop but hard at 70

 

[saliva]

Me too. Added short @ 66.50.

Stop at 71

 

[Jahajee]

Crude and Equities are linked - strongly.

Current ES drop was preceeded by big drop in Crude and ETD, USO...

Cude now at 2005 lows, down about 6%

USO more hyper than Russell

 

[saliva]

Jahajee, EVERYTHING is linked to equities these days because the motto is "it's the economy, stupid!"

 

[saliva]

As expected, the friggin' bulls tried to snag the ball from the bears. However, if my unreliable crystal ball is correct, then we should see the market tanking from here on out. But don't pay any attention to this noob.

 

[Jahajee]

Quote from saliva:

Jahajee, EVERYTHING is linked to equities these days because the motto is "it's the economy, stupid!"

Before this debacle, there was an inverse relatiionship between crude and equities. But, now both move in the same direction.

I am trying to buy some USO at a ST bottom but looks like it s going down lower.

Well, I think it is the stupid Paulson and Bernanke and COngress.

 

[jmoo]

buy 870.5 5 point stop