ES Journal Archive (2009 - 2010)

[iloveoptions]

When do you gentlemen see the ES breaking down and start trending lower, or are we going to continue trending higher all summer?

 

[Renah]

I think tomorrow we will finally have a big sell off.

Just look at the cash 60' and see the huge H&S with neckline at today's low, if it breaches that low tomorrow... BOOM!!! there we go, but first it has to touch the 896~899 zone first to make the 2nd SHOULDER, it then should go all the way down to 835~840.

Good trading to all you guys who have steel balls to play this market!

 

[ASusilovic]

Quote from Renah:

I think tomorrow we will finally have a big sell off.

Just look at the cash 60' and see the huge H&S with neckline at today's low, if it breaches that low tomorrow... BOOM!!! there we go, but first it has to touch the 896~899 zone first to make the 2nd SHOULDER, it then should go all the way down to 835~840.

Good trading to all you guys who have steel balls to play this market!

It´s called "brass balls"...

<object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/xKzMd328bMw&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/xKzMd328bMw&hl=en&fs=1" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="425" height="344"></embed></object>

 

[paul_alan]

900 tomorrow.
Wuold love a dip to put another long on rather than chase it here tho....

 

[ammo]

Quote from ammo:

sh 98 +, filled 81.75 on resting bid, sh 83 here, watching uvol/dvol on last 30 min, dvol humped from 85 to 89 add 85, looking for 76 , last friday's low ....add 86

add 89,add 88

 

[iloveoptions]

Quote from Renah:

I think tomorrow we will finally have a big sell off.

Just look at the cash 60' and see the huge H&S with neckline at today's low, if it breaches that low tomorrow... BOOM!!! there we go, but first it has to touch the 896~899 zone first to make the 2nd SHOULDER, it then should go all the way down to 835~840.

Good trading to all you guys who have steel balls to play this market!

I like your view. I'm anticipating a larger move now, but no more than 100 points from the peak we just made a week ago.

 

[Lawrence Chan]

A gap down tomorrow will set up a nice long.

 

[iloveoptions]

Quote from iloveoptions:

And 5% more here at 883.75

Current Position: Short 814.25 + 25% hedge.

Out of my last add here at 889

Current Position: Short 814.25 + 20% hedge.

 

[Renah]

Quote from paul_alan:

900 tomorrow.
Wuold love a dip to put another long on rather than chase it here tho....

Why didn't you stay in that beautiful trade then? You just had to place your STOP properly and sleep tight...

Really nice work you're making! Congrats!

 

[Renah]

Quote from Lawrence Chan:

A gap down tomorrow will set up a nice long.

Thank you for all the good info you post here LC, great work! ;-)

Good luck to all.