ES Journal Archive (2011)

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Quote from tomahawk:

Dow and Nasd tagged the 50 today, SPX not quite. Wonder if they intend to take it back up into the close to give SPX another shot at a tag on Monday.
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Nice observation. Where would that be on SPX?

Thanks :)

I see no short signals yet, so I`m holding my long with 58 locked in.

Yesterday`s highs would ideally serve as support from here.

1170 too much to ask for today?
 
Quote from keeptradin':

Mojitos on you tonight, LF!! :p

What's your target?? Hold 'til close??
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I need to take some off, so I locked in 58. If not stopped, I`m betting on new highs for today. :)
 
I would only caution that there's still a half hour left, and they may try to cause some pain for the longs. Lots of sellers absorbing this buying.
 
Quote from Laissez Faire:

Nice observation. Where would that be on SPX?

Thanks :)

I see no short signals yet, so I`m holding my long with 58 locked in.

Yesterday`s highs would ideally serve as support from here.

1170 too much to ask for today?
More...

Thanks. 50sma is 1178 at the moment.
 
Quote from Laissez Faire:

LOL.

Back in @ 56. Stop @ 53.
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59 locked in.

61-62 should be support now.

I need to leave the computer for a few, so this is how I`m gonna play it.

Will look to exit when I`m back if not stopped. I hope I`m not too greedy.
 
Quote from Laissez Faire:

I need to take some off, so I locked in 58. If not stopped, I`m betting on new highs for today. :)
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Do as you like but I'd be very concerned if 60.50 doesn't hold.. slowed to a crawl, and sellers may take it down if that breaks.
 
Quote from Laissez Faire:

I need to take some off, so I locked in 58. If not stopped, I`m betting on new highs for today. :)
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Take it off

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It's not going any higher, at least not without some pain-inducing stop-sweeping
 
Quote from Laissez Faire:

59 locked in.

61-62 should be support now.

I need to leave the computer for a few, so this is how I`m gonna play it.

Will look to exit when I`m back if not stopped. I hope I`m not too greedy.
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Get in that closet.

Come out when you're in the green, next round is on you.
 
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