ES Journal Archive (2009 - 2010)

[tortoise]

Quote from Lawrence Chan:

12 is one to one move.

15 is 10 pt from current day low so far.

Earlier we get to 12-15 zone the more likely the selloff can happen within RTH.

if you're waiting to short at 1215, why not just be long until we get there?????????

 

[emg]

Quote from emg:

plan on going short at 1209.25

filled. looking for 1pt profit

 

[Blotto]

Quote from emg:

filled. looking for 1pt profit

I don't think you'll get that here. Where is your stop?

 

[Lawrence Chan]

Quote from tortoise:

if you're waiting to short at 1215, why not just be long until we get there?????????

It is a comment / observation.

I did not say that I am not long at that moment. =)

 

[Lawrence Chan]

Quote from ASusilovic:

The idiots pushing this market would rather sell their mother than to admit that prices are too high.

They don't need to.

Something will force their hands in near future.

e.g. Sudden "adjustment of CNY" of 2% means 5% drop in stock mkt. 5% implies 15% drop in stock with real estates crash as a bonus.

 

[OTCkrak]

aapl touched 47

 

[tortoise]

Quote from Lawrence Chan:

They don't need to.

Something will force their hands in near future.

e.g. Sudden "adjustment of CNY" of 2% means 5% drop in stock mkt. 5% implies 15% drop in stock with real estates crash as a bonus.

On November 5th ... and not a nanosecond earlier

 

[M3peat]

I'm long at 09.75, sooo I'm pretty this is the top

 

[Blotto]

Quote from M3peat:

I'm long at 09.75, sooo I'm pretty this is the top

I wouldn't hold that from here. Where is your stop? Target?

Next price 09.25

 

[volente_00]

Quote from volente_00:

With current interest, they could even overshoot 120 and blow shorts out of the water before returning it back to 120.

Quote from volente_00:

This can very easily overshoot 120 to about 1210 -1215 before we get a sell off.


Something interesting from the chart is we sold off from 1100, then from 1150 and the chart shows resistance at 1200-1220 next