ES Journal Archive (2009 - 2010)

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Quote from Now is Now:

SOLD 853.75 S/L 856.75

BUY 1/2 850.75...balance 847.75
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STP on ADD for loss BE 1st batch...did not like it and should have bailed out 44.50 t/abouts....really do not like lunch trades.
 
Quote from Brendan R:

ES going up 10 points in 15 minutes when everyone is back from lunch and the machine start their end of the day mad buying,
it's a sucking or aspiring event, like being lifted by an ascending current

we've seen this several times over the last 10 days
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Isn't your lunch break over? ....Move on....
 
Quote from iloveoptions:

Wow. That seriously sucks. :D Why the halt?
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The big announcement (presentation) on their drug comes out later today - however media embargo on the info lifts at 2 pm EST. Stock has gone from around $4 at beginning on month to 24 earlier today. Pretty funny if you ask me - anyone in that was completely playing with fire - multiple sources opined the stock would be halted ahead of announcement. Huge game show.
 
Quote from trackstar:

Dont get faked guys! Hold your conviction until proved wrong.
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absolutely, I think short is a no brainer but one should allow for enough room in his trading to survive sucking events.
I have cut the size of my positions by more than 50% in order not get whipsawed by the "invisible hand"
 
Quote from trackstar:

Dont get faked guys! Hold your conviction until proved wrong.
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Just have to wait for the opportunity...pushed last trade, but could have stayed alive by leaving original S/l and "spot" a couple of quck trades....didn't do it...got ugly at 54.00 but I didn't do anything about it.
 
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