ES Journal Archive (2009 - 2010)

[Lawrence Chan]

Quote from ASusilovic:

Another gap up ? Good luck with your longs...

Test of current year high in progress.

That will determine where we are heading today.

 

[ammo]

Quote from ammo:

added 67.25

add 74-5, 20 point drop in transports

 

[Lawrence Chan]

Quote from mgmaggie:

I am not sure if I heard right but es price as of a few minutes ago may not be right. They said that when it starts moving it will reflect the real price.

SPX stopped updating this morning.

Triggering buy programs for the wrong reason. =)

 

[volente_00]

Quote from Lawrence Chan:

Test of current year high in progress.

That will determine where we are heading today.

Sept 23


DT

 

[ammo]

spy res

 

[kinggyppo]

Quote from kinggyppo:

short spy 108.01 stop .20

flat 107.85

 

[vmaxer]

Quote from Builder17:

oh so close to that gap fill above. and DOW 10k. exciting week ahead

Looking at SPY, there is a 110.34 to 107.62 gap ($2.72) a year ago. Since then, has SPY not paid enough dividends to fill the gap?

.69+.72+.56+.52+.51 = $3.00 in dividends and SPY hit 108.09 today. The .69 dividend paid after the gap but was effective before so maybe it's more accurate to say $2.31 in dividends.

either way, hasn't the gap filled?

 

[Pekelo]

I just got the memo from the Feds for the next 2-3 weeks. Since we have the DT with RSI divergence on the daily, we would drop back down to the SMA, around 1052-54 cash. This would relieve the overbought conditions.
That is also a Failure area for this DT, so from there we would run up to 1052 +60 (Height) 1111 (just to make it interesting), and that would be the high for the year.

Sounds good?

 

[ammo]

Quote from volente_00:

Ammo,

105 -110 +-.5



Close on the lower range hurts the most.


106 would do

where are the sellers

 

[no-problem]

Quote from ammo:

where are the sellers

I am also looking for sellers but I think we will find them in near future not today. We even do not get pullback for few ES points. Very strong.