ES Journal Archive (2009 - 2010)

Status
Not open for further replies.
Quote from Decel:

I want 1208...

Crap, should've gotten out.
Closed out 12.75, 1.5pt loss + commish

Damn, should've gotten out, serves me for playing with fire
 
Quote from tomahawk:

Dow and SPX still have their eyes on that 62 fib ... 11300 and 1230, respectively. They'll probably hit next week, and then what? ... sell in May??

I'm afraid you will get Greeked before that.
 
Quote from emg:

70% chances that trade may not work out

EMG, thanks for your postings. You have been incredibly accurate with your picks. One question, but only if you feel ok to answer: if this trade had 70% chance of not working out, shouldn't you take the trade on the other side? or that would be against your system?

Cheers
 
At their policy meeting next week, Fed officials will discuss how and when to sell mortgage assets without jarring markets and the nascent economic recovery...
 
Quote from schizo:

I'm afraid you will get Greeked before that.

:eek:
I don't have a position on, but thanks for the warning.

We are within a day's range of those fibs, but rising vola would seem to suggest a drop sometime very soon, I agree.
 
Quote from ASusilovic:

At their policy meeting next week, Fed officials will discuss how and when to sell mortgage assets without jarring markets and the nascent economic recovery...

lol of course there is a fed meeting next week. i should have seen that coming.
 
Quote from Lawrence Chan:

I seldom see a sell zone blast thru this fast.

Classic setup in place -

1. a break of 98 and if it turns into resistance, downtrend continue.

2. a test of 1202 and hold, 1212 original target in play

mwahaha =)

Mission accomplished thanks to the bots.

Wave's original 1215 price level should be the telltale point.
 
Tomorrow shouuld make for some interesting action. A gap down tomorrow could cause further downward pressure as those that entered at 1210+ late Friday might be panic selling thinking they bought the top.

On the otherhand, everyone is expecting resistance around 1215-1220. So you know what that means right ? If we gap up in the AM....then we see price just keep on going as usual. Resistance ? whats that ?
 
Status
Not open for further replies.
Back
Top