ES Journal Archive (2009 - 2010)

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this thing needs to get moving on up.

I think it might be up 20 points or so everyday leading upto Christmas.
Im tempted to hold my last trade longer in case we just keep going up and it doesn't even give me a chance to get in long again.

Im moving my profit target to join paulalen so wont close this long until 1231
 
very unlikely, but a gift from the Gods would be a drop down to the 1200 area. That will bounce lovely! Would need some very bad news or something to get it all the way down there though.
Good luck today.
 
Quote from Now is Now:

Unfortunately this could be one of those 'once in a year' drubbings as I recall it flew straight to 1217 without any 'relief'....a stinker of a day for any counter trend traders....


NiN

I'm waiting for ammo to post, "add 1222, avg 1221."
 
Quote from Lobster:

I'm waiting for ammo to post, "add 1222, avg 1221."

No, not likely...have a feeling he has gone to the liquor cabinet...still there until December....:eek:


NiN
 
Quote from paul_alan:

nice entry again.

Im still in my 1211 long and will close at 1231.
regards

thanks.
Feel like a kid in a candy store! The ES is my kind of instrument!
Its upside bias is astounding!
You think we'll hit your 1231 today?
You think the santa rally has started and we could see 1400 this year?
 
I think its safe to go long anywhere here and make some money. You may get some drawdown but the market will bounce back and pay you. But personally, im gonna see if I can get a dip to get long into for LOTS of points.
a 6-8 point drop or so is possible (but unlikely) but if it happens it'll be an amazing opportunity to get long for another ramp.

ps - good to see you paulalan! blast from the past. I remember being well sub 1000 ES and you were battling with the whole ESjournal who were bearish (as always) saying +1000 was a certainty soon, and then some. They all said you were mad, lol! :D
 
Quote from i_c_fed_people:

The ES is my kind of instrument!
Its upside bias is astounding!

Yeah I noticed that too. Everything else is going down, but the ES keeps going up. Amazing!!! :p

Unrelated: 2nd gap has just closed....
 
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