ES Journal Archive (2009 - 2010)

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Quote from iloveoptions:

And I hope it doesn't go off till I'm loaded with right quantity of shorts. The 940's may not be the intermediate top. Why is it that I'm sensing another push is in the cards for this relentless rally, I'm not quite sure. A break of 925 -920 though could signal it (heavy volume hitting the bids is needed for confirmation and confidence to trigger the trade).
For the last two trading days, I have been monitoring T&S window like a hawk. What I definitely noticed is that the bids are getting hit in larger quantities than before. Two other macro economic factors play into the equation. Why did the market reacted so anemically when the payroll number came in better than expected last Friday? You would remember not too long ago the market on more than one occasion completely brushed off bad job numbers and rallied anyway. What was it different this time around? Today the TARP repayment was announced and yet it didn't go down all that well. One would think this market would take it very positively.
 
Saltana how about a sideways correction to fuck all?We still haven't gotten a massive short clearing crack boom rally to rip all the grouping top ticking shorts like yourself.As you frustrate the shit out of yourself probing for the elusive top i'll have a 50-100 lot order ready to catch the break and profit big.
 
Quote from saliva:

Let me just say that I'm swinging for the fence. Not planning on getting out at the EOD.

dude you gotta becareful here. I think we started with very similar views, although i dont look at intraday as much.

But now i am turning from bearish to neutral, just because this market is not making any sense.

1) the falling 200ma is now squarely touching the raising 20ma. Forming a rare necktie setup, what this always mean without fail is that the spring has been winded very tight now ready to snap, as to whether it snaps upward or downward, not a fucking clue.

If you look at the daily chart, this whole week's sideway grind has been winding of the spring.

2) The technical was clear when it first hit 920s with double/triple top and falling 200ma, but the collapse never happened and failed completely. Now it's just a mess, the only thing that is clear is a big move is going to happen soon. Which direction? dont know.


I am still holding my 930 puts, going to stick with my plan and take ~2 more week of theta loss on the chin and wait for triple witching week.

You gotta have some balls to go all in shorting the es directly.
 
Damn you people talk too much. Instead wasting so much time picking my brains, why dontcha just let those damn trades speak for themselves. That is, if you even bothered to post them in the first place.

If I fuck up, I fuck up. I'll get out with a loss but it's not the end of the world and I sure hell ain't blowing up my account. Now chill!

PS. piggie2000, shut the fuck up for once. I don't care about you and your doting idiotic friends.
 
Quote from saliva:

Damn you people talk too much. Instead wasting so much time picking my brains, why dontcha just let those damn trades speak for themselves. That is, if you even bothered to post them in the first place.

If I fuck up, I fuck up. I'll get out with a loss but it's not the end of the world and I sure hell ain't blowing up my account. Now chill!

PS. piggie2000, shut the fuck up for once. I don't care about you and your doting idiotic friends.

dont get agitated, the value of this thread is to look at one's trade/market/technical all together without emotion. Ie lawrence chan never posts his trade, but i find his posts very informative even though may not agree all the time.

what is the point if all you see are in 920 out 910 in 910 out 920? just popup the fucking dom/t&s then...
 
breakout to the upside on the daily in play? Waiting to get long on a dip as usual. Not gonna chase it quite so much at these levels though, even if it gets to my 1000 target without me fully on board.
 
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