ES Journal Archive (2009 - 2010)

startraitor · Jan 12, 2009

For the shorts?

Quote from wave:

Now for setup for a final stab in the heart.

Pekelo · Jan 12, 2009

By the way the "if there is a new LOD after 2 pm get short" worked nicely, the new LOD was 869, currently at 863...

saliva · Jan 12, 2009

Quote from Lawrence Chan:

Today, there is absolutely no panic in the tick index at all.

Drop to new low does not result in extreme selling - people are buying all the dips so far!

I am taking this anemic volume into account. Hence the profit target is rather modest. If the volume is as large as before, the target would equally be large.

Lawrence Chan · Jan 12, 2009

Quote from Pekelo:

By the way the "if there is a new LOD after 2 pm get short" worked nicely, the new LOD was 869, currently at 863...

No flush down yet.

3:30 will be interesting.

tommymoose · Jan 12, 2009

Long ES at 864, stop ~860

Look at those volume spikes on the 1-min... we got buyers under the market

wave · Jan 12, 2009

Quote from startraitor:

For the shorts?

No that was for the longs that got in on that last little spurt up. If she holds here @ 860ish, she is gonna grow wings for a little while.

She gonna fly... Long now

saliva · Jan 12, 2009

Quote from wave:

No that was for the longs that got in on that last little spurt up. If she holds here @ 860ish, she is gonna grow wings for a little while.

She gonna fly... Long now

I dunno, bro. To me, we've effectively broken down in earnest today. Let's see what happens.

wave · Jan 12, 2009

Quote from saliva:

I dunno, bro. To me, we've effectively broken down in earnest today. Let's see what happens.

Don't forget, tomorrow is turnaround Tuesday!

ammo · Jan 12, 2009

this 853-870 is where we started the end of month window dressing ,or christmas rally around 12/23

kinggyppo · Jan 12, 2009

Alcoa after the bell should be fairly miserable. Longs should be cautious. I would wait till they report then maybe a dip long. Good trading.