ES Journal Archive (2009 - 2010)

[lurefo]

Quote from Lawrence Chan:

Someone must have done it

Track said he was adding on the way down... :eek:

 

[Uncle]

short 2 contracts at 940.50. target 935 stop at 944.5

 

[carson]

Quote from carson:

Short 947 - 7 point stop

Moving stop to breakeven - leaving the office. This market needs a donkey punch!

 

[trackstar]

Quote from lurefo:

Track said he was adding on the way down... :eek:

Added I did.

 

[kinggyppo]

Quote from trackstar:

I miss the days of pounding my keys to short more cars. For some reason the urge is strong today.....LOL...downside def has the meat on it today.

edit: Also noticed some weekly players on the book today.

can you explain your edit, are weely players referring to position traders?

 

[saliva]

I very much doubt these trannies will let it drop. 947-ish will likely be retested first.

 

[trackstar]

Quote from kinggyppo:

can you explain your edit, are weely players referring to position traders?

Watch the bids get taken, when you see someone eat 3 levels of bids its not your usual player, we also have some DECENT volume considering the range we have been in thus far. A position has to be built or distributed. IMO its hard to tell which it is but it signals a moveacomin.

 

[lurefo]

Quote from trackstar:



Added I did.

I knew someone was hammering this market!

Test of 43 area in play... is the prev support turning into a resistance...? If it does, next is 38.5 and new lod.

 

[Lawrence Chan]

Quote from saliva:

I very much doubt these trannies will let it drop. 947-ish will likely be retested first.

42-43 acts as resistance will confirm a sell off to around 28 level.

 

[lurefo]

Quote from saliva:

I very much doubt these trannies will let it drop. 947-ish will likely be retested first.

It is still a possibility as long as we are above the PP.