ES Journal Archive (2009 - 2010)

[tortoise]

Quote from Lawrence Chan:

At tick level, you can tell orderly sell off, funds unloading or accumulating, etc. based on the frequencies and distributions of how trades are done.

Today, every minor move downward in the major components in ES, got SIZE raids on the price ladders.

For long term funds, they are happy to buy cheaper, and accumulate values, not raid the prices up.

i'm impressed ... and intimidated:eek:

 

[wave]

Still here waiting for 1118. I stop myself out at 1136.50.

 

[jorgez]

Quote from Lawrence Chan:

Someone so fearful of a correction in the mkt, has showed his hand today.

The foot print across the board is no longer hidden.

LC

I know you have already expanded on this statement but could you please expand some more so even dummies like me can follow what you are looking at and how you draw your conclusions.

 

[Lawrence Chan]

Quote from wave:

Still here waiting for 1118. I stop myself out at 1136.50.

Last line of defense there for shorts.

 

[Lawrence Chan]

Quote from jorgez:

LC

I know you have already expanded on this statement but could you please expand some more so even dummies like me can follow what you are looking at and how you draw your conclusions.

You have to see it yourself to understand the mechanism.

 

[tortoise]

Quote from Lawrence Chan:

Someone so fearful of a correction in the mkt, has showed his hand today.

The foot print across the board is no longer hidden.

once again, though, es leads the way, fighting the other indices to the upside

 

[jorgez]

Quote from Lawrence Chan:

You have to see it yourself to understand the mechanism.

many thanks LC I had a feeling that your response would be along those lines

 

[ASusilovic]

Quote from the bouch:

This market reminds me of a stock thats been taken over and is now just slowly drifting towards the final buyout price.
Thats what happens when you take the risk out of a market. It looks like an M&A risk arb.

This is not a market. This is a scam.

 

[flipflopper]

I DON'T call tops. But this is looking very toppy.

Intraday double top confirmed with spx daily resistance.

Stop @ 35

I am with you now my short friends!! God Speed!!

 

[riverstopper]

He, who stops the flow of rivers, thinks that all of you are very funny and entertaining.