ES Journal Archive (2009 - 2010)

[EON Kid]

Quote from Picaso:

Yeah, isn't that precisely the problem? My $0.02

So you're saying that if it goes up strongly, a long is the best play?

 

[startraitor]

51 area represents 50% of July 5th lows and test of flash crash low, again on U0. Looking to short into a break of the lows now.

 

[Eko_Trader]

Let's see if we can break this trend.

 

[Picaso]

Quote from EON Kid:

So you're saying that if it goes up strongly, a long is the best play?

What I'm saying is that we've been going down on every bit of bad news, so what is going to drive it lower?

 

[EON Kid]

Quote from Picaso:

What I'm saying is that we've been going down on every bit of bad news, so what is going to drive it lower?

It was a facetious comment, you have a valid point, a contrarian play when the market first proves upside strength would be a great play.

 

[JSSPMK]

Goldman Sachs profits plunge 83%

Goldman Sachs’ quarterly profits plunged from a year ago, the company reported on Tuesday, as revenue slumped and the bank set aside more than a billion dollars for the UK bonus tax and its historic settlement with US securities regulators.

from FT.com

 

[kinggyppo]

long spy 105.88

 

[Picaso]

Quote from EON Kid:

It was a facetious comment, you have a valid point, a contrarian play when the market first proves upside strength would be a great play.

Sorry, I didn't get it Are you trading oil today Kid?

 

[startraitor]

short 53.50, stop 57.50

 

[kinggyppo]

Quote from kinggyppo:

long spy 105.88

flat 106.10