ES Journal Archive (2009 - 2010)

[kinggyppo]

Quote from kinggyppo:

short spy 72.10 stop .30

out 71.88

 

[JSSPMK]

Short 720, stop above 723.5

2/3 Scaled out +4.25

 

[saliva]

Okay, my crystal ball is a little senile. (It sez "Just shoot me!")

Anyway, took a fresh short just above 20 for overnight. My guess is that we retest 700 or slightly lower before rocketing higher.

 

[tommymoose]

Quote from tommymoose:


Last Chart indicating 670-680 support - http://elitetrader.com/vb/attachment.php?s=&postid=2327947

Off to a decent start... touched the very top of the zone in AH and repelled very quickly and we got a pretty good rally today... we'll see what happens. I'm playing this one long SSO from $15.43.

Shorts are eating shit right about now (I'm talking postion trading of course). I can feel the shift... the bull market rally will continue. Here is my updated chart with targets.

Target #1 - ~740 ES just to take a some off since I'm almost 100% long

Target #2 - ~810 ES

Target #3 - ~860 ES

Target #3 - ~1000... just to leave a small amount on incase the market wants to keep going up.

 

[saliva]

Why not back to 1575?

Didntcha (or your decoy) say we would reverse last week, the week before that and the week before that? Sorry, but the cynic inside me is rearing its ugly head.

 

[tommymoose]

Quote from saliva:

Why not back to 1575?

Didntcha (or your decoy) say we would reverse last week, the week before that and the week before that? Sorry, but the cynic inside me is rearing its ugly head.

Are you talking to me or somebody else?

If you're referring to me, I encourage you to search through my posts and find any conflicting positional analysis (I'm not talking getting long/short with 2-3 point stops for day-trades)... I've only posted a handful of times here in the past couple months so it should be easy.

 

[W4rl0ck]

Mark to Market hearing on Thursday (Tday).

SEC says no, but the gubmint has gone wild. Who knows what they'll do?

http://www.reuters.com/article/ousiv/idUSTRE5294BJ20090310

 

[Decel]

Quote from W4rl0ck:

Mark to Market hearing on Thursday (Tday).

SEC says no, but the gubmint has gone wild. Who knows what they'll do?

http://www.reuters.com/article/ousiv/idUSTRE5294BJ20090310

I'm not exactly sure I fully understand the rule, but if they pull that out, it seems that a huge bubble would inflate and pop in a way to make this current crisis look like a prank in comparison.

 

[Bigpipn]

Quote from Decel:

I'm not exactly sure I fully understand the rule, but if they pull that out, it seems that a huge bubble would inflate and pop in a way to make this current crisis look like a prank in comparison.

Exactly.

You suspend M2M and we'll have a crash that makes 1987 look like a blip on the radar.

It's not the accounting it's the assets!

 

[Pekelo]

On the daily we went through the SMA line and as it is costumery, we gonna reverse to it soon. So probably tomorrow but if not, by Thursday close we will touch back to 705.

Since we have a decent gap left behind for overnight short we have the 2nd gap protection...