ES Journal Archive (2009 - 2010)

[ammo]

shorts are stuck,they bot on every pullback, have to wait til 3 01 pm

 

[ASusilovic]

For the record : buying some of the March 2011 950 puts.

 

[candles]

strong drop there.
long 1161

 

[Pekelo]

The trick with the gekko pattern is that even if it breaks out of the afternoon range, it usually returns into it by the close, just like today....

The range for the cash was 62-66 and we are closing at 65 after a short break out to 68...

 

[ammo]

Quote from ammo:

add 63

61 7/8 avg reduce 60.5 ... 60 todays nip,59.75 will drop to 57...

 

[W4rl0ck]

Almost made it to the top of the flush crash candle, but no joy.

Dey is still askeered.

 

[JSSPMK]

Quote from JSSPMK:

I am going to go out on a limb here - indexes will extend gains next week, as weekly TICK is bullish & markets will start pricing in current Q. NDX has broken out it's pretty clear by now. Speculation about QE2 will help markets to advance. Sure enough there might be a pullback which IMO will be a good buying opportunity

Weekly TICK still not bearish.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2976453>

 

[volente_00]

Quote from Airwaves:

Dont go getting silly on me now! lol
This is da ES, baby

 

[volente_00]

Quote from Blotto:

Looks like the high was 1160.*

Long the 116 SPY puts going out on Nov 19 seems an interesting trade right now. Last price $3.20. Mental stop would be $2.50.

Strike is ATM, would expect it to get ITM and then pretty deep ITM over the next week or I've got this call wrong.


* - I'll mention that I am not one of those who has been calling a top every day for the last X weeks / months. I've enjoyed the long side since the Aug 27 low, however I believe that is over or very close to over now.

Still holding these ?

 

[gkramer]

The 10:35 EST candle on the 1 min had "rally cap" written all over it. I saw that candle unfold, and it extended down very quickly, but was rejected with equal authority. You never argue with a candle like that.