ES Journal Archive (2009 - 2010)

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Quote from wave:

There are currently 50 stocks in the S&P 500 that are trading at a 75% discount to their value. The only risk is bankruptcy of the company.
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What valuation method is the discount based on?
 
Quote from saliva:

PPT is increasingly finding themselves in the corner. How they will manage to break out this time will prove to be a challenge in my mind. But by no means will they give up too easily, especially without a fight. For tomorrow, I see a moderately bullish day. It's the following day that I'm more concerned about. Could it be the Bloody Friday that will jump start another tidal wave of selloff? Well, that's what my broken crystal ball indicates.
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So far, my broken crystal ball is on target. Let's see if we do in fact get crushed by the end of the day.
 
Quote from saliva:

So far, my broken crystal ball is on target. Let's see if we do in fact get crushed by the end of the day.
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I thought your short trade overnight was right on. I think ammo was short in the same spot. Where your stop is and should be is your own business. Good trading Sal. :)
 
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