ES Journal Archive (2009 - 2010)

[Roman Candle]

Quote from wave:

Looking for below 900 today.

I will buy that dip.

 

[Lawrence Chan]

Quote from wave:

Looking for below 900 today.

Probability is in your favor as we do have a double gap up scenario.

 

[mTrader09]

LT trades - looking for at least 50 S&P points and 100 NQM points

sold ESM9@ 920


Sell ESM9 @ 935 limit


sold NQM9 at 1419

 

[Lawrence Chan]

Quote from Now is Now:

I sympathize....very hard to beat a rigged market

Not rigged.

Just enough retail bearishness and having that expressed with their positions (with availability of short ETFs and internet meme on going short the mkt) alone forced the mkt to keep going up.

Sad but true.

Pros and firms are playing defensively this time as oppose to getting burnt by retails' 98 craziness.

 

[mTrader09]

Quote from Lawrence Chan:

Not rigged.

Just enough retail bearishness and having that expressed with their positions (with availability of short ETFs and internet meme on going short the mkt) alone forced the mkt to keep going up.

Sad but true.

Pros and firms are playing defensively this time as oppose to getting burnt by retails' 98 craziness.

bear market rallies are very painful

stand aside or trade with caution

 

[Lawrence Chan]

If previous day high is breached before noon and acted as resistance, S1 will be in play today.

 

[Now is Now]

SLD 917.00 SELLING 918.00

 

[angel_king]

do support and resistance lines mean anything?

any guess on what happens next?

 

[Now is Now]

Quote from Now is Now:

SLD 917.00 SELLING 918.00

BGT 916.25 from 18.00/17.00

 

[iloveoptions]

Quote from iloveoptions:

Out of the rest at 919.00

Current position: Short 814.25 + Zero Hedge.

Back in at 913 with a 10%

Current position: Short 814.25 + 10% Hedge.