ES Journal Archive (2009 - 2010)

[satchel]

You either made your money already and now it is a shitty sideways tight 985 - 989 day from here.

My vote: If 985 goes then bonzai short to 970 zone.

 

[Lawrence Chan]

VWAP 984.5

50% RTH 983.5

 

[[Proximo]]

:] Sneaky & Interesting.

-1/2%, -1/2%, -1/2%, -1/2%, -5% ----> Flip

Quote from Lawrence Chan:

That was done to delay or numb the mutual fund holders from selling.

Everyday if the net drop by the end of the day is small, mutual fund holders are well known to "stay put".

 

[tstones]

yeah, I have a trendline there around 985 holding this up. DT will be confirmed if that breaks.

Quote from satchel:

You either made your money already and now it is a shitty sideways tight 985 - 989 day from here.

My vote: If 985 goes then bonzai short to 970 zone.

 

[JSSPMK]

S987 SL988

 

[[Proximo]]

Possible afternoon selloff.

Expecting small swings the next two hours. Lots of support below between 980-985.

 

[ASusilovic]

Quote from Lawrence Chan:

VWAP 984.5

50% RTH 983.5

Buyers have friendly cooperation from another frontline :

Oil futures rally above $71/brl after big drop in supplies

XLE ETF well bid...

http://www.marketwatch.com/investing/fund/xle

 

[Lawrence Chan]

If they wanted to trap the real sellers, break 84 by 2 pts and hold it up.

 

[xty]

Quote from ASusilovic:

Buyers have friendly cooperation from another frontline :

Oil futures rally above $71/brl after big drop in supplies

Consumers just got lucky.............401k to the gas station............

I hope they still have their cars

 

[ASusilovic]

Quote from Lawrence Chan:

If they wanted to trap the real sellers, break 84 by 2 pts and hold it up.