ES Journal Archive (2009 - 2010)

[ammo]

add 22.25 short, avg 17...18 bid for reduce

 

[Pholeuon]

Interesting. Look where we ended- I can not believe how exact it was. Can you imagine that SPY high was to the tick /16.15/ 122.80 ??
Unbelievable. And look when I wrote it. This edge simple works - however only during RTH. I believe todays target was "calculated in advance". Pullback is close
I need recalcultate it tomorrow but there is very little room go up.
Sell the news scenario looks very probable to me.
Pulback will be as minimum to 120 SPY.

Quote from Pholeuon:

If SPY is able go over 122.80 it will break some value that I am looking at. It will happen first time since I am observing it, approximately since half of 2007.

 

[schizo]

Quote from tortoise:

who the hell is buying this?

I believe it's the result of mutual funds playing catch-up. I've heard that a lot of funds missed out on the previous rally and are underperforming S&P. Moreover, they need to paint a rosy number before the year end.

 

[blox87]

Longer term trend followers will be buying the broken highs won't they? I really want to short any weakness I see slightly above the highs if we break them , but I hate that sour taste that repeatedly getting squeezed leaves in my mouth. We'll see how it all plays out of course.

 

[jas_in_hbca]

looks like an EW 5th wave off the july lows. 1250/60 area for a top if you believe that kind of stuff.

 

[gkramer]

Ammo, don't look now, but I think a pullback is forming. I'm just under you in my avg.

 

[gkramer]

Quote from tortoise:

who thinks we'll have a third open gap up tomorrow?

I do. Today's move wasn't as big as yesterday. Tomorrow's is likely setting up to be smaller than today, followed by profit taking.

 

[i_c_fed_people]

trying long here at 1223

I reckon the nonfarm number might be the catalyst for the next big move up and really kick off the Christmas rally.

 

[tortoise]

Quote from i_c_fed_people:

trying long here at 1223

I reckon the nonfarm number might be the catalyst for the next big move up and really kick off the Christmas rally.

If the last two days didn't "really kick off the Christmas rally," I'd love to see what the real "kick off" will do.

ES 2000 by New Years?

 

[i_c_fed_people]

Quote from i_c_fed_people:

trying long here at 1223

I reckon the nonfarm number might be the catalyst for the next big move up and really kick off the Christmas rally.

nice.
starting to get a nice profit now.
Im gonna close at 1129 for +6 i think