ES Journal Archive (2009 - 2010)

[Lawrence Chan]

Quote from Lawrence Chan:

EURUSD retested the low with 3 pushes down and failed to take it out.

A run to double the DB height is expected => 1.42

Neckline - hold or not hold?

 

[kinggyppo]

just think if joe sixpack ever figured what was going on here, there would be some public lynchings.

http://www.newyorkfed.org/markets/maidenlane.html

 

[bigpig41]

Cash SPX bounced off monthly low

 

[wave]

Ready for a 90pt run up from here?

 

[opt789]

The gap from Jan 1 is now officially closed, with the next one being just below 1100.
Last year’s close, 50d sma, and bottom of standard Bollinger bands pretty close to the same level at today’s low so far.
If they are going to save it, they should keep us from going much lower.

VIX has had a fear spike which will not be justified unless we are going lower soon, so if you think we are going up then selling puts is a good trade. But we can go all the way to test 1080 and still be in our uptrend.

 

[Lawrence Chan]

Quote from wave:

Ready for a 90pt run up from here?

Too early to call that? =P

Long and hopeful for now. =)

 

[ASusilovic]

Dip buying opportunity for JPM, GS, C, BAC - all down more than 5 %.

 

[JSSPMK]

Buy1Sell2 shows similar skills to a hedgehog, in hibernation. Perhaps Hedge1Hog2?

 

[jorgez]

Everything I have, with the exception of interference, says ES wants to go lower .... test 1105 zone maybe.

But mid afternoon buying interference takes precedence and has right-of-way until proven otherwise.

 

[Lawrence Chan]

Quote from opt789:

The gap from Jan 1 is now officially closed, with the next one being just below 1100.
Last year’s close, 50d sma, and bottom of standard Bollinger bands pretty close to the same level at today’s low so far.
If they are going to save it, they should keep us from going much lower.

VIX has had a fear spike which will not be justified unless we are going lower soon, so if you think we are going up then selling puts is a good trade. But we can go all the way to test 1080 and still be in our uptrend.

Well, if a bottom is stage here from below 1113 to 1100 area, then a squeeze to 50 or higher will send VIX back to the historical low level where real hard crash can happen, isn't it?