ES Journal Archive (2009 - 2010)

kinggyppo · 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

I was thinking of 87 with that comment, anyone who's account survived that "dip" would not speak so foolishly.

Lawrence Chan · 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.

You get it wrong this time.

It is the bulls selling - big time, since the mkt run above 966.

It was the bear running up the mkt since then.

Edit: May I add, "weak bears".

wave · Jul 28, 2009

Quote from Lawrence Chan:

You get it wrong this time.

It is the bulls selling - big time, since the mkt run above 966.

It was the bear running up the mkt since then.

Edit: May I add, "weak bears".

The power of illusion LC.

howtotrade · Jul 28, 2009

LC definitely is one of them.

Quote from Buy1Sell2:

Not including myself, I count 7 good traders in this thread-- Izzy

satchel · Jul 28, 2009

If you care about buying the exact low ES, high probability that was it. Unless a higher probability I am confused and it would not be the 1st time

wave · Jul 28, 2009

The downtrend began last week, disguised selling.

riskymove · Jul 28, 2009

Quote from howtotrade:

LC definitely is one of them.

Yes LC and wave. 7 sounds about right...

pcvix · Jul 28, 2009

Quote from wave:

The downtrend began last week, disguised selling.

Would you care to elaborate, wave?

Lawrence Chan · Jul 28, 2009

Quote from satchel:

If you care about buying the exact low ES, high probability that was it. Unless a higher probability I am confused and it would not be the 1st time

See that too. The downside wedge if broken will take us back up to 72 region.

Another indecision week like that 950 close for 5 days? =)

tstones · Jul 28, 2009

dump heavy first hour, then push it up (easily with low vol), to repeat the next day?

Today's the first day there is some follow-through for the bears..

Quote from pcvix:

Would you care to elaborate, wave?