ES Journal Archive (2009 - 2010)

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Quote from riskymove:

Most people cannot learn to NOT ride a loser until they have done it themselves several times. It's the bruises that teach you proper money management.

Very true
 
Quote from Decel:

Markets going up... if we pop won't we be making an island formation?

Kind of yes, but since Friday was an island formation already (best seen on NDX) a back to back islands in the opposite directions isn't really a sign of anything. (well, maybe confusion)
 
06-22-09 08:05 AM

06-17-09 07:34 AM

06-15-09 07:48 AM

Quote from Buy1Sell2:

Short 20 here at 934.75 basis Sept 09.
Initial stop 1028.00



---Will stay short here for the moment. There is a strong possibility of a large pullback here.
---Protective buy stop lowered to 929.75
---Keeping the leash tight here with the stop remaining at 929.75. (06/22/09)
---No change to my position today. Staying short with the stop at 929.75. I will accept the possibility of my gain going back to a mere 5 point win, for a possibility of a larger downside move (6/23/2009)
 
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