ES Journal Archive (2009 - 2010)

[ammo]

Quote from ammo:

sh 75

out 73.5

 

[codliver]

Ammo, that is so true. A system that works to suit the owner is the one to use. Never meant to imply otherwise. Your charts show the channels very clearly, and the channels are the trends.

 

[ammo]

just glad to here ya speak in plain english, it racks my brain to try and figure u out half the time,which makes half of your knowledge unshared

 

[ammo]

sh 72.5, add 78

 

[Pholeuon]

Setup is valid - big gap up possible. Ammo, do not stay short during weekend, too risky.

 

[Builder17]

good calls. next week will be fun. shame we gotta wait an extra day :]

 

[ammo]

Quote from ammo:

sh 72.5, add 78

hedged with es calls

 

[jjj1000]

Long: spy put feb 19 at 0.96
stop: none (all at risk)
target: play by ear

A little risky, but I can't help to think about the Greece and PIIGS mess; Are they going to bail out everybody? That would be immensely unpopular in Germany and France (they would pay the bill for other countries messes). Anyway, there's a lot of uncertainty in the air, at least in my mind.

Have a great weekend all.

 

[pwrtrdr]

Quote from ammo:

hedged with es calls

So how would this hedge hurt you (obvious how it will help if were up big Tuesday) Just short smaller volume, what is the point of the "hedge". I bet the market will be either of three things, up big,flat narrow open or down big.

 

[ammo]

i only hedged partial i will have all day to leg in and out,as opposed to locking in a loss, but while market is closed , i am vulnerable http://www.optionshouse.com/blog/berkshire-hathaway-b-brk-b-splits-its-way-to-the-sp500-724