ES Journal Archive (2009 - 2010)

[ammo]

all time spx chart with a channel ,the 2 breakouts are the dot com and real estate bubbles

 

[ammo]

reduced , i think 1217 was the top

 

[emg]

Quote from emg:

plan on going long 1165.50

order cancel. missed by 2 ticks

 

[emg]

plan on going long 1159.75

 

[W4rl0ck]

The market is obsessed with that flush crash candle.

Testing the top. LOL.

 

[W4rl0ck]

Quote from Picaso:

 

[ASusilovic]

Quote from Pekelo:

Let's say we do drop to 34.75. How big % of the call hedge takes out of your profits??

Dynamic hedging is an art, Pekelo. You need a lot of experience not overpaying option vola and taking into consideration other aspects....

By the way : 1164.50. First Target reached.

1134.75 in the working. Just let the trend followers recognize that QE II is not "risk free" !

Reinvest some profits into 1070 calls, just in case our QE II heroes have the guts to add up to their positions...

 

[kinggyppo]

I have read about 300 + articles on the foreclosure stall, funny mkts just noticing it.

http://www.businessweek.com/news/20...-as-banks-tumble-on-foreclosure-concerns.html

 

[No.Heat]

Quote from ES.Dreamer:

ES Bearish Position Trade

1188 6 cars yet to be filled
1219 stop on 3 contracts
1231 stop on 3 contracts

Target 1 1106 1 contract
Target 2 1083 2 contracts

If no stops:

Target 3 Stop adjustment to reduce risk after Target 2
Target 4 To be determined new price action

ESD

I'm not sure how you do it but everytime you post one of these position sentiments trades, strong trends retrace or reverse.

It actually biased me to reduce long positions

No Heat :eek:

 

[Pholeuon]

Hm, I am bearish biased for next month but what we make today looks to me like clear bull flag (we traversed from top to bottom of current trading channel. Simple volatility is too low for now.