ES Journal Archive (2009 - 2010)

lurefo · Mar 27, 2009

Quote from lurefo:

NQ now only 10 points from yearly high. I wouldn't short that market until it goes there or some huge selling pressure comes in.

Missed the yearly high by 5 points yesterday. Some were waiting for a new high to print to unload their longs or look to go short. Given today's gap down at the open, if we have a break below the lows without prior gap filling we could see some heavy selling into the close leading to a multi-day reversal. Just a scenario.

[Proximo] · Mar 27, 2009

Don't worry I got the trannies under control.

I am the king of trannies :]

Quote from saliva:

Just don't stick your own neck out too far or it might get trampled by the trannies.

trackstar · Mar 27, 2009

Quote from trackstar:

Short 20-22.50

stop 824

target sub 800

stop moved to 821

fseitun · Mar 27, 2009

Quote from [Proximo]:

Don't worry I got the trannies under control.

I am the king of trannies :]

You guys crack me up with the trannies commentaries...

One question: who labeled "longs" trannies?

saliva · Mar 27, 2009

Quote from tommymoose:

If they don't take it down from here, watch the 823-826 area as a chance to get short for several days with a small stop... excellent risk/reward.

We'll most likely chop between 810-820, although the final 30-minutes could tip either way (probably to the down side).

Bigpipn · Mar 27, 2009

FWIW, the measured move in Eur/Jpy is over, it was almost to the tick perfect at ~130.66... No idea where it's going for rest of the day..

trackstar · Mar 27, 2009

Quote from lurefo:

Missed the yearly high by 5 points yesterday. Some were waiting for a new high to print to unload their longs or look to go short. Given today's gap down at the open, if we have a break below the lows without prior gap filling we could see some heavy selling into the close leading to a multi-day reversal. Just a scenario.

Yup. Daily channel will be toast and the ROAST will re-ignite.

I miss it....

startraitor · Mar 27, 2009

Would like to see a close 804-810 today, should kick down there and fill the gap at least.

saliva · Mar 27, 2009

Quote from saliva:

Short 17.75 again

Stopped out 18.50. Utter crap action.

lurefo · Mar 27, 2009

Quote from [Proximo]:

Pathetic effort by the shorts.

Still holding. Waiting for the gremlins to come out of the hat and then the usual pile on.

Critical juncture right here. If it holds gap close to the upside. If it fails gap close to the downside. :]

818.75 on ES needs to resist if we want to see new lows.