ES Journal Archive (2009 - 2010)

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Quote from pocketmoney:

cheers. So far so good. Market is geared to go up in general. Things like the uptick rule, trading being halted if it opens down too much etc etc. As long as you get a half decent entry the marke usually bails you out even if its not ideal. Obviously I wouldn;t have been only going long a few months ago when we were in the middle of a crash where everyday was aweful news coming out and every day was down 150 dow points.

T answer you question any where in the 840's ill probably long and hold it.

Hows your trading going?

You posted this 3 weeks ago. If you took yyour own advice you should have been doing very well, although I have noticed some short trades from you recently?.... Upside is relentless!!

Trading is going OK, thanks.
 
just a theory, today is the highest point we will see in the market for many many months. this is the last day for this bull run.

that is what it looks like on the chart to me.

Nostradamus has spoken.

do not use this as trading advice, its just me thinking out loud.

may 4 2009 about 3:20 ET
 
The market will rally until it doesn't - however I like to watch volume - especially since we are finally back to break even on the year. Volume on the big board is going to be higher than friday's anemic result but it is still nothing to write home about - especially when one considers the levels we are getting to today. Just a note.
 
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