ES Journal Archive (2009 - 2010)

[ASusilovic]

Quote from Lawrence Chan:

NQ new low, ES not.

First bunny pulled out from the magic hat.

% Correlation 5 min german Dax Future / ESU9 :

 

[Lawrence Chan]

Quote from [Proximo]:

C'suckers are holding up the ES.

NQ looking good. Exited 65% of shorts.

This should be a trend sell day. But most likely will not be again :]

If it is trend sell day, we will see 950 today.

And maybe limit down.

That's why it is not allowed. =P

 

[MandelbrotSet]

Quote from Lawrence Chan:

If morning low is breached, they may allow a 10 pt range to the down side, so 975 is a reasonable target.

Good luck.

Thanks!

I can literally see the ES being held up while everything else is dropping through the floor (NQ, Trans, Sox, Bonds are shooting up ...).

This should be illegal, but it isn't.

 

[[Proximo]]

Limit down would be nice.

ES is hanging in there. I'm out 75% now.

My balls have shrank when shorting :]

 

[ivanbaj]

I think it is time.

 

[ammo]

djt just cracked new low, supp 3550 ish

 

[ammo]

Quote from ammo:

bidding 74 on shorts, mandy what are your s1 and 2 #s

cover half at 977.75,holding for 74, stop in at 82, avg price 1006+

 

[MandelbrotSet]

Quote from MandelbrotSet:

Short @ 979.25
Stop @ +4pts

Don't expect much, but I am looking for 2 or 3 pts from this one.

Out @ +2pts.

+5 pts on the day ... that's all I expect from this weasel.

P.S. Check your VIX, there isn't even any fear in this market! :eek:

 

[opt789]

Quote from Lawrence Chan:

If it is trend sell day, we will see 950 today.

And maybe limit down.

That's why it is not allowed. =P

For RTH limit down on the ES would be 915.75 and only stops trading for 10 minutes.

 

[Lawrence Chan]

Quote from MandelbrotSet:

Thanks!

I can literally see the ES being held up while everything else is dropping through the floor (NQ, Trans, Sox, Bonds are shooting up ...).

This should be illegal, but it isn't.

I actually figured out some possible solutions, maybe you guys can suggest that to your government representatives.

1. Limit any single party's total market exposures to < 5% of average daily volume.

The gang that pushed prices' around is winning (after some work on the tick data), is that they have the ability to completely offset the combined daytrading capacity of all other players plus 10 to 15% more.

2. Forced disclosure in real-time, in the tick data stream, these firms' net open position on every trade they make.

#1 remove any entity the ability to corner the stock market

#2 let everyone to ride on their coattail, thus cancelling their effect completely