ES Journal Archive (2009 - 2010)

[Buy1Sell2]

10-02-09 08:42 AM

09-15-09 07:54 AM

09-10-09 07:54 AM

Short 20 @1030.25 basis Dec 09
Initial stop 1078.00

--Staying put for now. (09/15/2009)--
--Staying put for now. (10/02/2009)--
--Continuing this position today (10/05/2009)--

 

[truehawk]

Was Paper short from 1024.50. Out at 22.50.

Did not commit real money.

Whoever was pounding it down at 8:30 did not do it this morning, so it could go up.

 

[ammo]

Quote from ammo:

adde 24.50-25 , looking for 1000 area

add 28 avg 24 +

 

[ammo]

Quote from [Proximo]:

Dumped some longs here. Should pop a little more, Europe turning green.

1031.50 might be a good spot to get a little short.

good call prox

 

[truehawk]

Quote from tomahawk:

I don't know, to me the last 3 days' 8:30 moves seemed like very normal reactions to GDP and employment numbers, and not necessarily some conspiracy. In any case, I'm sure the answer to your question of "who" would be the usuals .. Goldman, JPM, etc.

I don't think so.

There were 500 or 1000 contracts sold every minute just before and after.
If it just wanted to sell 50,000 contracts it would have waited for the market to open and sold into much greater liquidity with much less "slippage" In this case slippage was clearly the name of the game.

The ES is considered the premo sentiment indicator, so it was setting it bearish so that stocks would go down so that it could ......... cover, buy.

I am not suggesting a conspiracy. It looks like one big player located in EDT.

 

[[Proximo]]

Thanks it was a mini high volume node before the breakdown on 10/1.

Quote from ammo:

good call prox

 

[[Proximo]]

What I was looking at.

 

[vertigo3]

Proximo,
thanks for the chart.

 

[[Proximo]]

Weak upside trend. Flag on the larger time frames.

Looks like this could be a good short come tomorrow or late today.

 

[[Proximo]]

ES lagging NQ. NQ about to complete a 1:1 move.

Looking for shorts 1034-1035.