ES Journal Archive (2009 - 2010)

Status
Not open for further replies.
Well, we will see if they trapped the bulls on Thurs since we get a couple reports in the morning. Even if good, could get some sell on the news. Market looks a little overbought right here even if it heads higher later, I think we could get a pullback. They need to move it down enough that those that bought today start to panic.
 
Quote from emg:

plan on entering short 1207.00 when the market opens in 15 min. that is depend where the market opens
More...

plan on shorting at 1207.00 3 contracts
 
Quote from oraclewizard77:

Well, we will see if they trapped the bulls on Thurs since we get a couple reports in the morning. Even if good, could get some sell on the news. Market looks a little overbought right here even if it heads higher later, I think we could get a pullback. They need to move it down enough that those that bought today start to panic.
More...

This is the confirmation!. Stop all shorts and reverse long ES!. Maximum position!.
 
There is no money in shorting unless your name is Paulson

quote me on that.


------
1) I use to short when I was a newbie like many of you 3-4 years ago.
Its somewhat of being a contrarian, except: Theres No money in shorting because of an upside bias.

2) Are you on the 234billion$ CAL, 130billion NYstate Pension funds side or Not?
Learn more about pension funds here:
http://www.calpers.ca.gov/index.jsp?bc=/about/facts/home.xml
Be on the right side.

3) When its not time to buy, sit out, Do not short , You will not make money.

4) Shorting is good practice to learn price action, that is about it.

5) Learn how to trade long, its not hard, flip your chart upside down, wallah.
 
Some observations -

Besides DJI and SPX at 200 week SMA, sto at 99 they are also into the 7/08 pivot lows and the dislocation before the 10/08 plunge.

NDX at 6/08 pivot highs, RUT into the 9/08 dislocation before the crash.

Among other things. :D

Jus sayin.
 
ALL market making algorithm shorts all the time.

Just because retails, pension funds, etc. are always long.

You just need to know WHEN to go short.

And, statistically, ES spends its RTH dropping most of the time intraday.



Quote from coolweb:

There is no money in shorting unless your name is Paulson

quote me on that.


------
1) I use to short when I was a newbie like many of you 3-4 years ago.
Its somewhat of being a contrarian, except: Theres No money in shorting because of an upside bias.

2) Are you on the 234billion$ CAL, 130billion NYstate Pension funds side or Not?
Learn more about pension funds here:
http://www.calpers.ca.gov/index.jsp?bc=/about/facts/home.xml
Be on the right side.

3) When its not time to buy, sit out, Do not short , You will not make money.

4) Shorting is good practice to learn price action, that is about it.

5) Learn how to trade long, its not hard, flip your chart upside down, wallah.
More...
 
Status
Not open for further replies.
Back
Top