ES Journal Archive (2009 - 2010)

Status
Not open for further replies.
Quote from startraitor:

No ifs ands or butts here guys!!!!!
But didn't ammo say that Obama "leaked" the news that the number would be good? :)

One thing that strikes out like a sore thumb is that, unlike previous disappointing jobs numbers, we haven't encountered a U-turn. This is potentially very bearish.
 
All kidding aside we need to take out the reaction low very soon or the uturn will take it back to the pre number price +.

Of course if you are long and short in multiple accounts across multiple timeframes and strategies you have nothing to worry about! But you would not understand the complexities of such a strategy!!


Quote from schizo:

But didn't ammo say that Obama "leaked" the news that the number would be good? :)

One thing that strikes out like a sore thumb is that, unlike previous disappointing jobs numbers, we haven't encountered a U-turn. This is potentially very bearish.
 
Bopi short was at 80.75 and we ticked down to 79.25...

Probably won't go down to the lower BB again...

Edit: The BB got narrower so the exit signal came eventually at 79.5
 
Sorry, my pool boy and caddy had the day off, I have an illiterate Polish youngster fetching my nourishment today. I have been offered a pirogi and I think I shall partake!


Quote from Now is Now:

Veg-E-mite...even the Boys in Brazil know how to spell that..:D

NiN
 
Quote from petty1978:

Ok so at some point today or Monday all of this drop and anything after my post right now is coming back, this drop isn't going to stick long term...1096.75 is a magnetic and we busted through that, the market is going to want to revert back to this and beyond, soon enough...

...would be great to see this drop to the 1050 area and allow a fast 50 point swing up...but beggars cant be choosers, either way, if it continues to drop and take out 1032 area (probably not) but if it does that is great for the bull(ies) out there and bad for the head and shoulder's doom and gloom crew...either way, watch and wait, knowing that there is upside and soon...be patient.

**This drop is part of my ES continuous contract outside day guide...see previous posts.** Sell Short 1099 area, exit at 1068 area...that is what the guide was telling us...

Good trading to you today, it should be fun!

Startraitor--Hey good buddy I'm in agreement, here is my post from this morning...I will highlight this part for ya:

**This drop is part of my ES continuous contract outside day guide...see previous posts.** Sell Short 1099 area, exit at 1068 area...that is what the guide was telling us...

...ahhh almost done with my smoothie... seriously though I would watch for next week to rally monday/tuesday...monday may dip early then rally at least back to 1096/1097...
 
Quote from startraitor:



Of course if you are long and short in multiple accounts across multiple timeframes and strategies you have nothing to worry about!

You must be releasing the genie from the bottle here.

With a perfectly balanced portfolio of identical buys and sells, the most you can lose is the sum of the spreads plus commissions.

Come to think of it, that total loss would be your earnings cap as well.

It just gets simpler and simpler, as more and more complications are added.
 
Status
Not open for further replies.
Back
Top