ES Journal Archive (2011)

Laissez Faire · Feb 9, 2011

Quote from i_c_fed_people:

out here at 1317 for +4

Nice trade

paul_alan · Feb 9, 2011

Quote from i_c_fed_people:

out here at 1317 for +4

You're in a league of your own when it comes to short term trading.
Dont think ive seen so many good calls before from one poster on a forum.
No way are you a 'newbie' though! That can't be true.

gkramer · Feb 9, 2011

Quote from paul_alan:

You're in a league of your own when it comes to short term trading.
Dont think ive seen so many good calls before from one poster on a forum.
No way are you a 'newbie' though! That can't be true.

He's one of the few that does what the market tells him to do. SPX has been going straight up since September with only a single 50 pt pullback, repeatly saying "buy my pullbacks because I'm going to keep going up until I don't."

Traders are making gazillions using this method right now. Shorts are getting capped at the knees over and over and over. Market shrugged off two nice moves down today, then rallied back up to the day's highs (NQ back to LOD at current, however). ES made a beautiful RTH10.25, then was two ticks shy of making another RTH10 when the shorts got squeezed hard going into the last 15 minutes.

Today's PA was anything but dull.

gkramer · Feb 9, 2011

Quote from eudaemon:

Market turns and forum catfights time each other 100% of the time. Market about to tank 5%.

SPX is going to correct 65+ pts?

Now is Now · Feb 9, 2011

Quote from gkramer:

SPX is going to correct 65+ pts?

As Eudaemon admitted himself...he is insane...:eek:

...and has not admitted to the fact that he does not trade....period

Some mothers do have them...

NiN

P.S Unfortunately, as his handle may suggest,he has fallen on hard times...can't knock him...

noaveragingdown · Feb 9, 2011

I foresee a 18-20% correction is in the technology sector, adjust for the SP500 lesser volatility and that's pretty much how low we will go.

Basically NQ will drop to approximately 1880 from current levels, might be off on the exact top but I'm very confident about the lows.

I'm short from 2358 NQ and looking for below 1900s.

NAD

volente_00 · Feb 9, 2011

Looking to buy 16's with stop around 12
Target is 1326-28

ammo · Feb 9, 2011

looking for 10 before emp number 14 bid for reduce

volente_00 · Feb 9, 2011

Quote from ammo:

looking for 10 before emp number 14 bid for reduce

gap at 08 but today was day 3 and did not fill.

Looking for a run to 30-32 cash

spy 131 - 133 range for now

gkramer · Feb 9, 2011

Quote from noaveragingdown:

I foresee a 18-20% correction is in the technology sector

What are you basing this on? Overextended, sector rotation, decreased cap-ex... And why 20%/1900?

I'm not arguing. Just intrigued.

thanks