ES Journal Archive (2009 - 2010)

[tortoise]

Quote from tomahawk:

I didn't mean that as an answer to your question, just a caution about your first comment.

and i didn't mean that as a question about your comment.

 

[Trvlwanderer]

ok, ok, back to normal.

dollar down
oil up
gold up
es up.

back to bed.

 

[opt789]

Quote from Lawrence Chan:

I am closely watching 30-34 area to see if a sell formation take shape, or if a breach of the zone to the upside results in a w. thrust.

The orderly rise in the mkt is over and even if JSS is correct that the mkt will run for new highs, the swings will be wild and probably no follow-thru.

Pretty much like NQ in first half of 2000.

When do you expect this volatility to start?
For two straight months we have had essentially the lowest realized vol we have seen in a long time, and some of the lowest that has ever happened in the history of the market. Yesterday and today fit our recent pattern well, so there is no current indication of any meaningful movement of any kind. The VIX is 30% higher than it should be, so those traders also think large movement is coming, but they have been dead wrong for so long it is hard to give any predictive power to them.

 

[tortoise]

Quote from opt789:

When do you expect this volatility to start?
For two straight months we have had essentially the lowest realized vol we have seen in a long time, and some of the lowest that has ever happened in the history of the market. Yesterday and today fit our recent pattern well, so there is no current indication of any meaningful movement of any kind. The VIX is 30% higher than it should be, so those traders also think large movement is coming, but they have been dead wrong for so long it is hard to give any predictive power to them.

I was wondering the same thing...

 

[startraitor]

adding 2 31-32, stop over 40

Quote from startraitor:

shorting 28.50-29.50, stop 33

 

[tortoise]

Quote from startraitor:

adding 2 31-32, stop over 40

Why is everybody looking to short this?

 

[JSSPMK]

Quote from tortoise:

Why is everybody looking to short this?

sell hi?

 

[startraitor]

See much longer term charts.

Quote from tortoise:

Why is everybody looking to short this?

 

[Lawrence Chan]

Quote from opt789:

When do you expect this volatility to start?
For two straight months we have had essentially the lowest realized vol we have seen in a long time, and some of the lowest that has ever happened in the history of the market. Yesterday and today fit our recent pattern well, so there is no current indication of any meaningful movement of any kind. The VIX is 30% higher than it should be, so those traders also think large movement is coming, but they have been dead wrong for so long it is hard to give any predictive power to them.

Soon. =)

The range of the first 2 weeks of Jan will tell.

 

[opt789]

Blue horseshoe loves financials, that is why the ES isn’t pulling back right now.
They have been underperforming for some time now, but yesterday and today they are significantly outperforming.