ES Journal Archive (2009 - 2010)

rock34748 · Nov 26, 2009

Quote from ammo:
there are tousands of consistently profitable 7 figure traders out there,tens of thousands of 6 figures,100's of thousands 5 figure , and gaziillions(a whole lot of zero's) of losers,all of them just traders............ there are no gurus,shaman,anointed ones,medicine men.....

So, by your words I'm a gazillionaire... woohoo... oh wait...

:eek: Happy Thanksgiving all.

Lawrence Chan · Nov 26, 2009

Happy Thanksgiving!

Lawrence Chan · Nov 26, 2009

Quote from JSSPMK:

Bearish as hell so far, I guess stocks will just keep on rising steadily with minimum pullbacks.

The monthly you have there can mean several things though ...

i. A test of the 2008 low and have it rejected.
ii. A spike thru that low and have it rejected with a w. spring
iii. Zoom thru with the 2008 low acting as resistance
iv. A reversal now

It will take several months for the process to be completed.

So hell for shorter timeframe trading in general until trend shows on your chart again.

gkramer · Nov 26, 2009

Somebody is unloading a position in a big way.

NoDoji · Nov 26, 2009

Quote from flatron:

adding if it hits 1091.5

Shouldn't you wait for Black Friday's "trample quotient" to be reported before choosing sides???

gkramer · Nov 26, 2009

Quote from gkramer:

sh 8.50, T 1050, st 1112

1/3 coming off at 86.

flatron · Nov 26, 2009

will add long at 1084. Last one for now

gkramer · Nov 26, 2009

Quote from gkramer:

1/3 coming off at 86.

First swing targets are always a relief.

gkramer · Nov 26, 2009

Quote from gkramer:

First swing targets are always a relief.

2nd 1/3 coming off at 65ish. Last target at 50ish and discretionary for money mgmt purposes. Pigs get slaughtered.

Lawrence Chan · Nov 26, 2009

I think limit move on ES in AH is 35 pts.

Not sure if there is any new revision since March.