ES Journal Archive (2009 - 2010)

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Nothing in this market indicates that shorting is a smart idea. I am not long either cuz I do not have the balls, but I have the brain to not short this beast. Russell is on the verge of making a new yearly high. Take that for what it's worth.

If you're into risky business, go Long.
If you're into riskier business, go short.
 
Eko is correct. This market is eating all bad news like pomfrites.
I believe that we will return later to close todays gap but wait several days and average up is not much fun although I believe not so risky.
I will try short it higher. If it turns immediately down I believe there will be enough time short it on the way down.

Moreover - volatility is very low what is another sign that we head up.
I am scalping EUR now this is more fun it has some life in it.
 
Ammo, you have many fancy lines on charts but I believe most hedge fund managers have big horizontal line close to 11000 dow where is written : "here we sale" and another above it: "here we short".
 
I think that it is the lack of participation (volume) that is the cause of the frustration.

A lot of yesterday's action and this morning reminds me of lunch time price action.
 
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