ES Journal Archive (2009 - 2010)

Status
Not open for further replies.
Quote from flipflopper:

This news story reminded me of the stock market. A foolish boy floating away that won't be able to survive the crash!

http://www.thedenverchannel.com/news/21306839/detail.html

:eek:
He's not a foolish boy ... he's a curious six year old kid. He didn't know any better, and can not be considered responsible for his actions.

A better example of "foolish" are the short trades taken on this Journal, in the face of an overwhelming non-stop bull market ... before it has turned.

LOL <3 :p

P.S. I am sure we are going to see just as many long trades when the market turns and starts heading south for the winter.
 
Quote from jjj1000:

Es short 1088.50
stop: 1098.50
target: 1078.50 or closing price today

Yeah, I decided to risk a little more today and will hold it for tomorrow. The big news for me today was that the core cpi and cpi were double of the consensus. That can indicate that the chance of the fed to reign down on this monster liquidity is increasing. Stop remains the same.
 
congrats to the longs.

FWIW, SPY gap closed today. on October 3 2008, low on SPY was 109.68 (even though it closed that day at 110.34). guess we'll see what opex brings to the show for the weekly close.
 
Quote from ammo:

dbblng here at 89 , prev avg72, now avg 80, 80 bid for half

So you basicly small lossed/breakevened up from 1040 or so? What's the point? Why not just embrace the rally?
 
Quote from Pekelo:

So you basicly small lossed/breakevened up from 1040 or so? What's the point? Why not just embrace the rally?

Ammo's style is closer to MM on multiple days' cycle.

It works and works very well if you know what you are doing.

It is not something that small sized account can handle.

And there was no rally since 1050. It is simply noise for MMs. =)
 
Call me stupid but:

1. Yesterday looked like a rally.

2. It would be "sligthly" more profitable if he would just embrace the TREND with those 4-8-16 contracts, instead of trying to fight it...

I think he actually started to short around 1022 and since then it has been nothing but up.....(except one day)
 
Quote from Pekelo:

Call me stupid but:

1. Yesterday looked like a rally.

2. It would be "sligthly" more profitable if he would just embrace the TREND with those 4-8-16 contracts, instead of trying to fight it...

I think he actually started to short around 1022 and since then it has been nothing but up.....(except one day)

Pek,

You know I take it one day at a time and do not engage in top/bottom picking. =)

I have seen firms selling into this kind of market and making money day in, day out as long as you do not look at the position they are holding as a position, instead, as their inventory for their MM activities ...
 
Status
Not open for further replies.
Back
Top