ES Journal Archive (2009 - 2010)

[kinggyppo]

Quote from kinggyppo:

long spy 69.80 stop under low of day.

out 70.05

 

[Lawrence Chan]

Low picking across the board in the underlyings ...

 

[iloveoptions]

The bears are not getting a lot of help from their bear friends, so they're staring each others in the eye waiting for the first one to blink and they're quite nervous. The thrust from 691.25 to 702.75 showed their hand IMO. 680's is still possible for today before a mini squeeze.

 

[saliva]

Quote from ammo:

didnt know this was the me thread,it' is done for the day

Alright, ammo, we'll have it your way. I'm outta here. Later!

 

[riskymove]

Quote from iloveoptions:

The bears are not getting a lot of help from their bear friends, so they're staring each others in the eye waiting for the first one to blink and they're quite nervous. The thrust from 691.25 to 702.75 showed their hand IMO. 680's is still possible for today before a mini squeeze.

Agree - that was the first move in several days that showed any real sign the bears were covering. They have definitely been patient.

 

[iloveoptions]

Quote from riskymove:

Agree - that was the first move in several days that showed any real sign the bears were covering. They have definitely been patient.

Good observation!

 

[iloveoptions]

Quote from iloveoptions:

Long 692.75 again, targeting 705.5, and why not add some more in the 680's.

Stop moved to 700. I'll be trailing it with a 5 point stop from this point on.

 

[manlycure]

Quote from kinggyppo:

out 70.05

What was the exit criteria? Did you re-enter?

 

[iloveoptions]

Notice the extreme oversold conditions on the weekly chart courtesy of (StockCharts.com). If you're a BB fan, the weekly bar is near the lower end of a very very wide BB.

 

[iloveoptions]

Quote from iloveoptions:

Stop moved to 700. I'll be trailing it with a 5 point stop from this point on.

Out at 704.25