ES Journal Archive (2009 - 2010)

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Quote from startraitor:

Short 954, stop 970. Target 864.
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B1S2 should take notice and I think making that 30 or so points in a few days is pretty good, just take the money and run.
The market has rallied 85 points in 2 weeks, there has to be a break in this continuous upmovement, even if just temporary. The upside reward/downside risk from now on is getting unfavorable....
 
This never works like this for me, but today (a day that started in a hotel room with two 12 y.o. soccer players and would be spent at an amusement park all day) I couldn't have played it any better.

Did a quick hit long in the premarket for a couple of ticks, then decided to sell at the open (954). Put in a stop at 957 and a buy to close at 940. My 940 was hit while I was on a rollercoaster, so I closed the stop from my Palm Treo.

Now if I can just learn to do this everyday, I'll be set :cool:

AM.
 
Safest bet is to skip the morning crap and play the bull afternoon buying programs. Thursday complete 100 point move to 975 zone. Sell end of week. :confused: :)
 
Quote from satchel:

Safest bet is to skip the morning crap and play the bull afternoon buying programs. Thursday complete 100 point move to 975 zone. Sell end of week. :confused: :)
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That's a good read. MS will hold their conference call @ 11, that can change dynamics a lil bit.
 
Another dragon failure happened this morning at 948 SPX. (5 days chart) Height is 13 points, so the 3rd top is expected around 948+13=961....
 
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