ES Journal Archive (2009 - 2010)

[David M]

Quote from OTCkrak:

anyone dare to short 1145?

dared to short @ 44.75 and got filled with a very tight stop

 

[tomahawk]

Quote from OTCkrak:

anyone dare to short 1145?

45-48 looks good if it doesn't pull back before 3-3:30. Let's see what happens.

 

[volente_00]

Quote from tomahawk:

45-48 looks good if it doesn't pull back before 3-3:30. Let's see what happens.

next hh should be around 47 with a shot at 49 and change

 

[wave]

Shorts 49-54

 

[ASusilovic]

I smell a double top...

 

[David M]

Quote from ASusilovic:

I smell a double top...

reading this :

"We're seeing very bullish psychology in the market today, given the news that's out there on the financials," said Michael K. Farr, president of the portfolio-management firm Farr, Miller & Washington. "People who are buying today are buying the story of an eventual turnaround, that we'll have an orderly transition to profitability" among big Wall Street firms.


Makes me wonder what people are buying. story's or equities

 

[ASusilovic]

Quote from Lawrence Chan:

VWAP 40-40.5

ORH 38.75

mid pt of RTH 38.25

VWAP is at 1138.89 to be precise...

 

[Lawrence Chan]

Quote from ASusilovic:

VWAP is at 1138.89 to be precise...

I use RTH only VWAP.

 

[Decel]

Quote from Lawrence Chan:I use RTH only VWAP.

Think we'll go revisit VWAP?

 

[Lawrence Chan]

Quote from Decel:

Think we'll go revisit VWAP?

Previous week close acting as resistance, taken out, points to previous week (same for the year) high.

Revisting the 40-41 area, however, is there no matter a new high is made or not.

It is the money management part that determine if you can trade this way.