ES Journal Archive (2006 - 2008)

ammo · Dec 23, 2008

Quote from jeb9999:

Incorrect, as last day to take gain or loss is 12/31. IRS uses trade date, not the settlement date.

http://www.fairmark.com/capgain/lastday.htm

thanks,does the clearing firm adjust your cash balance on stock before it clears?

kinggyppo · Dec 23, 2008

Here is an article on tick data, there are some good articles on using the $tick. Happy holidays.

http://traderfeed.blogspot.com/2008/12/different-look-at-money-flow.html

http://traderfeed.blogspot.com/2008/12/nyse-tick-primer-how-to-assess-intraday.html

rock34748 · Dec 23, 2008

Missed the nice ES Tday timed setup (Decent for holiday anyway) as I was looking at DXO. Tried bottom picking at 2.21 for planned 60 to 90 day hold. Set to 50% avg in at 1.97; Stop at 1.79

Hit 2.13 already :eek:

GCSICLRBC · Dec 23, 2008

If ES-H9 breaks 867.00 it's headed towards 850...

Jahajee · Dec 23, 2008

Market action appears similar to yesterday
- down for most of day, then rally during last hour or 30 minutes.

If ES cannot hold 856/858 then today will be different, more likely a SDD day, with possible target of 846 or lower

I still think there is some tax loss selling but not as much as previous years.

Jahajee · Dec 23, 2008

Anyone seeing this:

SPX at 870.80
ES at 867.50

a fairly big negative premium

jmoo · Dec 23, 2008

covered 863

short 870

ammo · Dec 23, 2008

its been under for about 4 days,ym just started today i think, 30 points under cash,might be dividends

saliva · Dec 23, 2008

Quote from Jahajee:

Market action appears similar to yesterday
- down for most of day, then rally during last hour or 30 minutes.

If ES cannot hold 856/858 then today will be different, more likely a SDD day, with possible target of 846 or lower

I still think there is some tax loss selling but not as much as previous years.

I dunno about SDD, but if we were to close below yesterday's low, then technically speaking we're in deep shit. That would effectively place us below the rising trendline.

But then again, technicals don't work very well on a day like today that trades on lighter-than-air volume

startraitor · Dec 23, 2008

long 60 stop under 55 target 70+