ES Journal Archive (2009 - 2010)

Lawrence Chan · Jul 28, 2009

Quote from ASusilovic:

1.000.000 call option players also waiting to earn risk free money....somehow, I think they might be wrong...just a "feeling"

http://www.marketwatch.com/investing/fund/spy/options

2 to 3 weeks of selloff should be healthy.

Maybe starting today or tomorrow.

=)

ASusilovic · Jul 28, 2009

Quote from Lawrence Chan:

2 to 3 weeks of selloff should be healthy.

Maybe starting today or tomorrow.

=)

Builder17 · Jul 28, 2009

i think if SPY stays under 97.85 bears will be ok/in control (at least for today). then again, every day recently has looked just like this. that S1 is a good place to trap bulls though

satchel · Jul 28, 2009

do not worry bulls, no one cares about the consumers confidence and they won't be 'confident' for some time to come. haha. just an another manipulation opportunity

keep buyin 4 now.

Michael.jstocks · Jul 28, 2009

Quote from satchel:

do not worry bulls, no one cares about the consumers confidence and they won't be 'confident' for some time to come. haha. just an another manipulation opportunity keep buyin 4 now.

im with ya! Shame i didn't take some off for +7 after the open, but I know 'they'll' bail me out of any dodgy longs, lol. Will add to position if it gets to next support

MandelbrotSet · Jul 28, 2009

Quote from satchel:

do not worry bulls, no one cares about the consumers confidence and they won't be 'confident' for some time to come. haha.

Just ... LOL

Quote from satchel:

just an another manipulation opportunity keep buyin 4 now.

While it is (most definitely) true that everyone "talks" their position and looks for information that "supports" their trade, if 969.50 holds (current LOD) and forms a nice key reversal bar, I think you may be right!

ivanbaj · Jul 28, 2009

http://www.youtube.com/watch?v=nShXIUbZQK0

satchel · Jul 28, 2009

L 92 NQ

MandelbrotSet · Jul 28, 2009

Quote from workwithus:

will the bears wimp out again?

They don't currently have the field (in terms of major trend), so all they can try to do is push the Bulls back, try to hold limit their gains, and eventually turn the trend around.

Buy1Sell2 · Jul 28, 2009

Quote from MandelbrotSet:

They don't currently have the field (in terms of major trend), so all they can try to do is push the Bulls back, try to hold limit their gains, and eventually turn the trend around.

Bingo