ES Journal Archive (2009 - 2010)

pocketmoney · May 18, 2009

Quote from pocketmoney:

trying a short here - 894.25 - 3 point stop

got stopped

Decel · May 18, 2009

Quote from volente_00:

Back to the 90 magnet, only problem is the majority of the magnets for next month are lower.

890 or SPY 90?

Lawrence Chan · May 18, 2009

Quote from Spooz Top:

bully

had a feeling they were going to "steal the move" on this leg.

See if PA changes compare to the past 8 weeks.

If so, a shake out is possible.

Decel · May 18, 2009

Quote from saliva:

From what I can tell, this will more or less turn out to be one of Pek's favorite pastime plays: ADU.

Not sure, the high was at 10, and low @ 10:15

May just be a trend up, but it doesn't fit the ADU timeline.

trackstar · May 18, 2009

Quote from saliva:

What are we stepping down from? It looks more like a U-turn to me.

BTW good call TS. I hope you're cleaning house.

thanks Sal, not really cleaning house though. I went to Amsterdam a few years ago and trying to trade on that trip cost me more than the $$s I spent going due to connection problems. Anyway now my rule is to never trade over half size on any trip. But a good day so far nonetheless.

I am using IB charts right now BTW. Nightmare. LOL.

saliva · May 18, 2009

Quote from Decel:

890 or SPY 90?

How about 903?

saliva · May 18, 2009

Quote from Decel:

Not sure, the high was at 10, and low @ 10:15

May just be a trend up, but it doesn't fit the ADU timeline.

Sorry, I haven't had the time to look into any specifics. By ADU, I merely meant just that: All Day Up. There might be a minor retracement but we'll likely head higher in the afternoon. Or so it looks at the moment.

Decel · May 18, 2009

Quote from saliva:

How about 903?

Closing of the upper gap? Entirely possible and what I hope doesn't happen before a move lower.

I see some weakness on the NQ, but not too sure who's pulling who anymore.

junglerott · May 18, 2009

sh 95.75 s/l 97.75

Lawrence Chan · May 18, 2009

tick index showing bids step in and buying at higher level to defend the move.

-200 tick is all you get, for almost 10 mins without further downside.

Could be melt up day in the making if previous day high not breaking here.