ES Journal Archive (2011)

[Lawrence Chan]

Quote from Lawrence Chan:

Before the news break on Steve Jobs, I like to see a higher high tomorrow first for a short to 1150 or lower.

Now, I am very puzzled as I cannot access the impact at all.

New high for the day first - checked.

Selloff - checked.

1150 or lower - getting close.

 

[ammo]

taking out the 60 ledge

 

[Lawrence Chan]

Quote from volente_00:

looking for a move to 57 cash from 66-67 cash

You said below 1100 last night as the longer term target.

I see daytrading basis 40s can provide a good bounce zone.

What's your take?

 

[Laissez Faire]

Day low only slowing the fall or finding a bottom here? Anyone in the know on this, please tell

 

[ammo]

56 is a down trend tl

 

[SrRuthenate]

Quote from Laissez Faire:
Day low only slowing the fall or finding a bottom here? Anyone in the know on this, please tell

Suggest breakeven stop and target of 100 points by next wednesday...I doubt you can hold that long, but you are after all, the best trader in Norway.

 

[aquarian1]

Quote from Laissez Faire:

Day low only slowing the fall or finding a bottom here? Anyone in the know on this, please tell

posted
08-25-11 10:39 AM
I have the low est at 1150.25

 

[diablo11]

What do you all use as yesterdays low? Is this premarket low around 1143 or the 1153 intraday? Just tryin to see what you all use as a low when believing we may be headed back to yesterdays lows. Thanks.

 

[SrRuthenate]

Quote from Lawrence Chan:
New high for the day first - checked.
Selloff - checked.
1150 or lower - getting close.

Shorted it. ----- checked?.

 

[Laissez Faire]

Day low one tick above yesterday on the first attempt

I think I`ll eventually trail a too tight stop here, locking in at least 3 points.