ES Journal Archive (2011)

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Quote from mastacoli71:

Ha, I wish. I am actually short overnight, 2 contracts. But I am trading what I believe is the current trend. Until that changes, I will continue to work my position.
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I'm with you on the bearish bias, feels like a down day once the NFP Kool-Aid wears off. :cool:
 
Quote from mastacoli71:

State technicals please. We broke the low of current range on daily. One could argue we are still in trading range. I look at price action on daily since 9/20 high as bearish.
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i don't use technicals, use basic psychology,
==

news is bearish, but weekly charts ain't.
means, they going to kill shorts and run this up so retail (newspaper readers) won't be able to get in.

In between there might be small selloffs, but the trend is still up.
 
Quote from cooolweb:

i don't use technicals, use basic psychology,
==

news is bearish, but weekly charts ain't.
means, they going to kill shorts and run this up so retail (newspaper readers) won't be able to get in.
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Fair enough on the weekly
 
Btw, I do think this is the bottom - I'm not betting it because we're all intraday, but with the 30 year note at its all time lows (effectively), I think we avoided it boys! :D
 
Quote from GordonTheGekko:

Btw, I do think this is the bottom - I'm not betting it because we're all intraday, but with the 30 year note at its all time lows (effectively), I think we avoided it boys! :D
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I dont. Can go to 2.5% yield from the next hiccup in Europe.I don't like to predict anything,but i do feel confident this can happen.

Means possibility of ES 1050 thereabouts.But I just look at the numbers and let them tell me when they happen. Saves ink.
:D
 
Quote from mastacoli71:

On a non trading note, HOW ABOUT THOSE TIGER's last night! The best part of the game was A ROD striking out bottom of the 9th. Game, set, match.
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Having been born in the Motor City and spending almost the full first year of my life there, I have suddenly become a diehard Tigers fan. Especially since the Dolphins suck, and have since I started shaving (early 80's).

Hell if the Tigers make it to the Series I might even buy a hat. Hardcore fan, baby!! :D
 
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