ES Journal Archive (2009 - 2010)

[schizo]

To the moderator:

Now you make me look too damn civilized.

Doesn't it look a bit contrived?

 

[atticus]

Quote from JSSPMK:

Yet again I prefer 1,000 over 1,100.

What sort of risk are you looking at with this call? I remain short, because my reverse order is @ 1,130 ES. TY for replying.

P.S. Yen is getting closer to a key level.

I am long from 62, and I don't expect a touch of that level next week.

 

[ammo]

atticus,exp is over,the major money trend,what little is left in US dollars, is get out,game over

 

[volente_00]

Quote from atticus:

You were referring to 107 on SPY... and the 1065 comment was silly as we had traded one point under 1065 by the time you posted the 1065 cash comment and had already bounced.

Again, your posting a day or two before expiration is meaningless. Where was the 107 SPY call when SPY was at 110-111? Anyone can post that we'll pin to xxx on the day or two before expiration. Use SPX equivalent next time.

Come in here 14-21 calendar days to expiration and get the number within *5* points on SPX and I will concede that you were right all along and that pinning is still a factor.

We rally to 1095 SPX next week (minimum target). Nothing to do with pinning.

You need to brush up on your clock reading skills.


08-20-10 09:35 AM CST

Quote from volente_00:

high probability we close above 65 cash bounce to 78-79 still possible close under 69 cash and i have 2 revaluate as that can lead us to 49

At the time of my post cash had only traded down to 1066.5 and it was trading 1069.18 when I posted.


At 10:36 AM CST one hour and one minute after my post, cash hit 1065.


The low print of the day happened at 11:00 AM CST which was 85 minutes after my post of closing above 1065.

I gave you the 1070 call 14 trading days before expiration when we were trading 1120's cash on Aug 3 and said SPY OPTIONS INDICATED A MOVE TO 1069.



08-03-10 12:24 PM

Quote from volente_00:

As long as you can handle the heat to 1069 cash when they do decide to fill the gap


We are on the high end of the range here and spy options indicate a move back down to fill those gaps.


I'd put a top on cash at 1140, with 1130 being more likely before this happens.

I don't use my spy option analysis for pinning, only for establishing the most probable range.

It is about collecting premium and figuring out where the buyers of hope get burned for the most.

 

[schizo]

Quote from volente_00:


I don't use my spy option analysis for pinning, only for establishing the most probable range.

It is about collecting premium and figuring out where the buyers of hope get burned for the most.

Although it was never a smooth ride from one end of the range to the other as you might otherwise have had us believe, it was a nice call nonetheless. So where to now, hotshot?

 

[ammo]

short 74...target 40 area

 

[schizo]

Quote from schizo:

FINAL ADD 70.50

(Average price: 69)

Damn, this is gonna cost me at least 10 years of my life. Placing a disaster stop at 77.

 

[atticus]

Quote from schizo:

Damn, this is gonna cost me at least 10 years of my life. Placing a disaster stop at 77.

You'll get hit tonight at 77, guaranteed by the open tomorrow.

 

[atticus]

Quote from atticus:



We rally to 1095 SPX next week (minimum target). Nothing to do with pinning.

Very bullish this week. Long ES from 62.00.

 

[schizo]

Quote from atticus:

You'll get hit tonight at 77, guaranteed by the open tomorrow.

You could have waited until we got there.