ES Journal Archive (2009 - 2010)

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this is a pic of todays market profile in es,1 point increments in half hour blocks, when we make a ledge ,it represents a resting large order, here a buy order around 1104, when this order is satisfied the market extends down, doesnt always work, we had one on 11/10 at 1086 and didnrt break it and haven't returned to that price
 
LC,

Any possibility you elaborate on these points?




Quote from Lawrence Chan:

We are near an end of at least one of the followings from now til 1st quarter of next year -

1. end of the US as a sovereign country
2. end of this bear market correction
3. end of worldwide peace

I suspect if you have long puts in the stock mkt and that should a big drop really happen in near future, many governments will still take it away as sin money. =(
 
Quote from Lawrence Chan:

We are near an end of at least one of the followings from now til 1st quarter of next year -

1. end of the US as a sovereign country
2. end of this bear market correction
3. end of worldwide peace

I suspect if you have long puts in the stock mkt and that should a big drop really happen in near future, many governments will still take it away as sin money. =(

Unfortunately true. Sad but true.
 
Quote from Lawrence Chan:

HUGE bets on SPY/ES/SP related options and derivatives.

NQ and NDX has a relatively smaller impact on the big players' P/L, so it is allowed to move to the downside intraday more than the ES.

Until after Friday, happy 10 pt up and down runs.


Still to much put interest out there. But dec is showing signs of a drop to around 105.
 
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