ES Journal Archive (2009 - 2010)

[ammo]

long 85.5 out 87

 

[ammo]

sh 84 trgt 77 ish stop 86, add 85

 

[Lawrence Chan]

SS,

Thanks.

The run up to 800 and then drop it down to 775 by close can still be called an up day, isn't it?

 

[pocketmoney]

long here at 786

 

[iloveoptions]

Quote from iloveoptions:

Closed out my entire hedge at 797 and went short with a single size at 798 with an open short at 699.25 (March).

Out at 784.5 on the last short add. Rinse and repeat.

 

[pocketmoney]

Quote from pocketmoney:

long here at 786

Cover here at 789.5 for 3.5 more points

 

[sttrader]

will scale out half at 80, a quarter at 75 and the remainder at 70 depending on the tape when we get to 70. might hold one and let it run but never know....might ramp up above 800. anything is possible on these fomc days.

 

[Brendan R]

clearly there are no buyers in the 800 zone, looks like we have just experienced buying exhaustion

 

[ammo]

stopped out at 86 reshort 86.50, .88 stop

 

[Lawrence Chan]

Quote from Lawrence Chan:

SS,

Thanks.

The run up to 800 and then drop it down to 775 by close can still be called an up day, isn't it?

One thing to remember here is that if we do not print a bearish price bar today, ES will be the leader tomorrow to tag its own gap at 820 area. That will in turn pull up NQ.

So a close below 780 is very important for the bearish case to be valid.