ES Journal Archive (2009 - 2010)

[JSSPMK]

S1052 s1053

*-1

 

[MandelbrotSet]

Quote from JSSPMK:

YEs, C'MON!!!!!!!!!!!

Mandel,

I don't understand how can one learn from Waves' posts as he doesn't really go into any sort of detail, but I do find both his calls & posts rather interesting.

Now LC is a different type of poster, he doesn't seem to withhold his knowledge about the markets. But that's not to say that everybody has to do the same thing

It's always interesting to listen to what other people have to say when I compare their information to what I see on my charts.

***

in terms of trading, what we're looking at is the tail-end of the upmove (as I said previously) ... I don't project out for more than one day, so I don't know where the market is going from here, but I do know that I don't want to be the one who buys high and gets left without a seat in this game of musical chairs (LOL), so i'm sitting on my hands for now.

 

[vmaxer]

short 52.50 stop 53.50

RSI diverged on 5min, where's the breakdown? hope this isn't an all-day-up day...

 

[wave]

Breakdown failed earlier, reversed long.
We position the sell stops again, until then we keep playing the momentum.

 

[vmaxer]

Quote from vmaxer:

short 52.50 stop 53.50

RSI diverged on 5min, where's the breakdown? hope this isn't an all-day-up day...

out, guess 55.75 (R3) was worth paying attention to.

 

[wave]

Option players are selling 1065-1075 calls.

 

[candles]

Quote from wave:

Breakdown failed earlier, reversed long.
We position the sell stops again, until then we keep playing the momentum.

long here at 55?

 

[Rick_Johnson]

If it goes down, then get ready to short, boys. But if it keeps going up, then get long if you haven't already.

 

[kinggyppo]

short spy 106.07 stop 106.25

 

[wave]

0-06-09 10:43 AM

buy stops were hit long again, volume force was low on those buy stops.

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What caused the breakout?

hint? Who is the owner of this thread.