ES Journal Archive (2009 - 2010)

Lawrence Chan · Aug 4, 2009

Quote from Pekelo:

I think we are done with this rally thingy and the top is in at 1007 cash.

I hope so cuz I just short the break ...

You know me, I do not pick tops =)

anotherhawkeye · Aug 4, 2009

Quote from Pekelo:

I think we are done with this rally thingy and the top is in at 1007 cash.

What makes you think this is the top - Your gut or dragon ?

ammo · Aug 4, 2009

Quote from ammo:

add 1002.25

reduce 98.5, avg 990

hektor · Aug 4, 2009

The strength of the Russel against the others is impressive. Seems hard work if they will try to push it trough the ORLow.

ammo · Aug 4, 2009

sh 99.25, add 1001.25

ivanbaj · Aug 4, 2009

It is too early for the top IMO. I would like to see 100K traded at 998 without the price going up. Not likely.

If PA returns too soon over 1003 and trades some volume. Look out for mo UP and UP.

1002.25 can be a good short tough.

riskymove · Aug 4, 2009

That brief downtick was just a hiccup in the system as Tommy had to leave the desk for a moment - move long folks nothing to see here...

Pekelo · Aug 4, 2009

Quote from anotherhawkeye:

What makes you think this is the top - Your gut or dragon ?

I posted the weekly chart yesterday where the upper BB was around 1010 and yes, the dragon too...

Builder17 · Aug 4, 2009

if this top is in (up for debate obviously), it looks good for that 2nd gap up on SPY at 98 to get fully closed (got within 35 cents). hows thursday sound!

ammo · Aug 4, 2009

Quote from ammo:

sh 99.25, add 1001.25

cover 99.5