ES Journal Archive (2009 - 2010)

[tortoise]

Quote from Lawrence Chan:

Other markets in the world are open on monday

yes, but this is the es journal

 

[Lawrence Chan]

Quote from tortoise:

yes, but this is the es journal

Somewhere between now and Wednesday, 800 will be seen if 860 area is not taken out today.

Will that do the job?

 

[tortoise]

Quote from Lawrence Chan:

Somewhere between now and Wednesday, 800 will be seen if 860 area is not taken out today.

Will that do the job?

yesterday, you said 870


i say the line-in-the-sand is 854...

that having been said, i'm taking the rest of the day off...here's to tuesday -- should be fun...

 

[volente_00]

Quote from wave:

Coincidence that price traded back to the 860 target that got blown thru?

hint, hint... If you think like a piker you will remain a piker, if you think like the lion you will become the lion. You don't have to have a lion account just yet, but you must profile the lion's behavior and follow in it's footsteps.

To make it in the game, one must have the brain of a mouse, heart of a lion and balls of a bull.

 

[Lawrence Chan]

Quote from tortoise:

yesterday, you said 870


i say the line-in-the-sand is 854...

that having been said, i'm taking the rest of the day off...here's to tuesday -- should be fun...

Price levels from chart has to be confirmed by the price action.

We have seller at 57 this morning blocking the overnight high from printing above 60 round number, confirming the aggressiveness.

It is that simple.

 

[wave]

Here comes the pop to 860.

 

[volente_00]

Quote from tortoise:

i.e., the bottom is in.

The right shoulder is in on the IHS that a spoke of earlier. Next stop 1000 and then 1100 sometime this year.



http://finance.yahoo.com/q/bc?s=^GSPC&t=6m&l=on&z=m&q=l&c=

 

[freehouse]

Quote from Lawrence Chan:

Price levels from chart has to be confirmed by the price action.

We have seller at 57 this morning blocking the overnight high from printing above 60 round number, confirming the aggressiveness.

It is that simple.

Maybe the seller needed to keep the SPX morning settlement below some level? Thus, now that everything is open, he is out of the way since it was options related?

 

[volente_00]

The lion's are now walking softly and not leaving many foot prints since the hunt expires today. 84 to 86 with a settle at 85 + or - .5 will keep the gazzelles safe.

 

[Lawrence Chan]

Quote from freehouse:

Maybe the seller needed to keep the SPX morning settlement below some level? Thus, now that everything is open, he is out of the way since it was options related?

Next is future options.

My sell zone does not kick in until 64-68 area ...

So I am clueless at the moment.