ES Journal Archive (2009 - 2010)

Status
Not open for further replies.
Quote from Nexen:

Super guru here buying the high of a breakout looking for a second breakout.

This is too much.
I post my calls ... feel free to post yours (we haven't seen one, period, ever).

Busy today, won't respond to the nonsense.

I would say "Good trading", but I'm not sure that you do.
 
Quote from Nexen:

There, i gave you two options for the end of the retracement.

Sarcastic or not, Im owning all you bitches.

This last post tells me you clearly don't have a clue with respect to the reversal pattern I was talking about.

When you made your "call" about the correction looking more like a retracement - and you did nail the target area, so credit goes out to you for that - the reversal pattern was only half way thru its completion. Another leg up or LH was needed to complete the bearish pattern. Now that we're having this upleg, it's our job to analyze it and determine whether we can fade it or ride it or wait it out.

Trend is still UP and the Dow just made a new HH following a HL. Denying this would be utterly stupid.

However, I am starting to see big clues about possible bearishness around the corner. One of them is the increase in volatility over the last 2 weeks.
 
Quote from ammo:

vol, u seeing 105-107 for exp? edit sorry LC , i clicked on your response to vol

Ammo,

Tick index not printing negative # at all.

Need a change in that for any decent down side move.
 
Quote from fseitun:

This last post tells me you clearly don't have a clue with respect to the reversal pattern I was talking about.

When you made your "call" about the correction looking more like a retracement - and you did nail the target area, so credit goes out to you for that - the reversal pattern was only half way thru its completion. Another leg up or LH was needed to complete the bearish pattern. Now that we're having this upleg, it's our job to analyze it and determine whether we can fade it or ride it or wait it out.

Trend is still UP and the Dow just made a new HH following a HL. Denying this would be utterly stupid.

However, I am starting to see big clues about possible bearishness around the corner. One of them is the increase in volatility over the last 2 weeks.
dow never filled its gap at 10310
 

Attachments

Quote from Lawrence Chan:

Ammo,

Tick index not printing negative # at all.

Need a change in that for any decent down side move.
i. m hoping for a pullback to 77 to lighten up or flatten out
 
Quote from ammo:

vol, u seeing 105-107 for exp? edit sorry LC , i clicked on your response to vol


To much put interest keeping this up. When it drops, then market will follow. Have to see if they cover some of the writes up here with premium declining. Notice how swollen the 105 is. Calls not even influencing till 107 up right now. Would not be the least surprised to see a range of 990-1110 range til year end. I'm more concerned about 2010 myself. Rates increasing does not bode well for equities.
 
Quote from ammo:

dow never filled its gap at 10310

That gap certainly is acting like a magnete and could possibly explain why the Dow has been the leader of this last upleg.
 
Status
Not open for further replies.
Back
Top