ES Journal Archive (2009 - 2010)

[wave]

short 54, no lions on long yet.

good call on 47 vol.

 

[kinggyppo]

I am just saying that you need to keep relatively tight stops. Being on the wrong side of a range expansion/trend day is a great way to blow out especially trading futures. Good luck today.

 

[Lawrence Chan]

Critical moment.

Are they willing to open up the door at 50% now, or later.

 

[volente_00]

Quote from Lawrence Chan:

Was watching the 68 close 58 low relationship, telling me 48 is in play once 58 was taken out.

But vol's call was made many days ago, that is simply amazing.

I pointed out the 3 reasons on monday in the 880's, but isn't it quite strange if 47 ends up being right around 10 points lower from yesterdays reaction low which would give a 4 th signal from that level ?

 

[Jahajee]

Support at 846 and 835

Will build a long position in this zone.

Break below 830 brings 800 very very quickly.

 

[Jahajee]

Quote from Jahajee:

Support at 846 and 835

Will build a long position in this zone.

Break below 830 brings 800 very very quickly.

FWIW: looking for a reversal today

 

[volente_00]

Quote from Lawrence Chan:

Critical moment.

Are they willing to open up the door at 50% now, or later.

42 - 47 cash is the number.

Like a spring hanging off a bridge with 1 million pounds pulling it lower and lower until the weight falls off and slaps the spectators above with the recoil.

 

[volente_00]

Quote from kinggyppo:

You guys looking for longs should be careful tight stops, don't mistake short covering for a real rally, terrible news from the banks.

In the middle of difficulty lies opportunity

 

[Jahajee]

Quote from volente_00:

In the middle of difficulty lies opportunity

buy low or lower, sell high or higher

buy when there is blood in the streets etc etc etc

 

[volente_00]

Quote from wave:

short 54, no lions on long yet.

good call on 47 vol.

It's only good if you made money on it.
Everything else is just pumping the ego.
But actually I am disappointed. My numbers come from cash, and so far 47 has not been hit.