ES Journal Archive (2009 - 2010)

Lawrence Chan · May 6, 2009

Quote from Spectre2007:

I will be accumulating SH also.

The weekly, monthly, quarterly structure all accomplished their respective goals.

That means, we are running out of reasons soon to force the market higher.

I don't know how to pick a top of this kind though.

Each resistance level so far only produces 10 to 15 pts drop ...

Maybe, the timing has to do with op ex - like after this coming op ex?

esondrstd · May 6, 2009

Stopped out......

trackstar · May 6, 2009

Quote from trackstar:

Back at ya, looking for a trendline break to the downside here. Stop on last half is 909. I may add at 903 if we start heading back down.

Out.

trackstar · May 6, 2009

nice volume on the up move actually.

swing-scalper · May 6, 2009

Quote from Lawrence Chan:

The weekly, monthly, quarterly structure all accomplished their respective goals.

That means, we are running out of reasons soon to force the market higher.

I don't know how to pick a top of this kind though.

Each resistance level so far only produces 10 to 15 pts drop ...

Maybe, the timing has to do with op ex - like after this coming op ex?

The market is moving up in a structured channel. The odd is not high to have a blow-up V-top with this kind of slow and steady uptrend. No hurry to pick up the top, IMHO.

jason586 · May 6, 2009

Short 910.75

Out 909.25 - Got to go.

Spectre2007 · May 6, 2009

anyone coming into Miami for Gumball3000.. adult entertainers expo too this weekend.. exxotica...

meetup on ocean drive.... palm beach international raceway is a pitstop too..

Pekelo · May 6, 2009

Anyone who noticed that we are having an ADU gets a lollipop!

Lawrence Chan · May 6, 2009

Quote from Pekelo:

Anyone who noticed that we are having an ADU gets a lollipop!

Sell into 1 pm?

Need to see that and maybe it will turn out to be a failed ADU in the afternoon.

Anna K. · May 6, 2009

Quote from Pekelo:

Anyone who noticed that we are having an ADU gets a lollipop!

Are you sure? we can't even take out opening high... and we are up only 50 points... and we were negative at some point... don't all these things invalidate ADU?