ES Journal Archive (2009 - 2010)

Status
Not open for further replies.
I'm somewhat amused by the fact that the bulls couldn't push this market up to 920. What happened to all that trannie testosterone?

Geez... :D
 
Quote from lurefo:

There is strong support in this zone 90-92. This is a key area to my opinion and to see how tomorrow develop should be interesting. I wouldn't be surprised if they open with a gap up for a continuation to 940.

What do you folks think? 950 or 850 first?
We're right on the major trendline. However, we've put in 2 lower highs so far. My gut feeling is that the trannies will completely break apart, but I ain't betting my mama in with the rest of you just yet.
 
Quote from iloveoptions:

Lurefo,

That's the range that my volatility model is predicting we stay in for a while. If only I knew which one we hit first, you'll be the first to know. :)

Ilo, what timeframe are you looking at for that range? monthly?
 
Quote from iloveoptions:

Lurefo,

That's the range that my volatility model is predicting we stay in for a while. If only I knew which one we hit first, you'll be the first to know. :)

What about 850 puts and 950 calls ? But taken into consideration VIX development lately, I wouldn´t bet on either outcome...
 
Quote from Spectre2007:

550...

they dont call it the sp500 for nothing.. :)

I heard it before and it still make me laugh :) That being said, that's a long term target I have in my book.

How do you play that move?
 
Whoo, what a couple of days! Recouped what I lost yesterday and made scraps. Happy/Lucky that I added more shorts on the NQ in the 1420 region.

Bought back my ES way too early (897.50 @ 2:33pm EDT), and now only holding a profitable NQ short contract. Buy limit order @ 1385 to close out in case Kim Jong Il throws a rock south of the border and there's a reaction spike down.

With my very limited experience, I believe that the best case for bulls is a gapless open and run-up. An upgap would be sold hard and a downgap would accelerate the drop imo.

Basically I'm still short-biased, but a lot less than I was yesterday @close. End-of-the-month, B1S2 being long biased, LC seemingly long-biased...

Is there still a gap below? I'm more willing to short @ 920 than buy @ 880, but will definitely be temped to go long for a small swing @ 880 if we get near there, but will probably play it on the NQ because I'm not a gazillionaire like B1S2 and have a short bias.
 
to create a artificial demand for treasuries, the government has no choice but to kill the equity market.... the only safe place will be fixed return for a few years.

the immense supply will fuel rates higher if this isnt done. That supply is taken out of the market by asian counterparts.. for our asian counterparts to be continued buyers, a flight out of 'risky instruments' is needed. Take a look at the price of oil and equities they both coincide. Put the world in a massive deflationary spiral and you killl oil, and you kill the modernization of military infrastructure by our old Soviet buddies.

more important then money, its the guns you wield that guarantees security.
 

Attachments

Status
Not open for further replies.
Back
Top