ES Journal Archive (2011)

[bigsnack]

Bah, brick wall at 93.50's. I ended up flattening for b/e minus commissions.

 

[Macho]

Today was the first time in a long time that we stayed "inside"

Tonight/tomorrow numbers upside 120175 Low side 116875.

Had I been trading my strategy today I would have taken a decent loss as I would have been chopped out big time!!

Doesn't happen very often though.

 

[mastacoli71]

Quote from Macho:

Today was the first time in a long time that we stayed "inside"

Tonight/tomorrow numbers upside 120175 Low side 116875.

Had I been trading my strategy today I would have taken a decent loss as I would have been chopped out big time!!

Doesn't happen very often though.

Major chop suey today. Good to hear you stayed out of the way.

I see 1196 and 1202.25 upside, 1182 and 1174.25 downside. My bet is to the downside.

 

[ammo]

Quote from ammo:

add 90

avg sh 82,leaving a bid for reduce at 77

 

[Broch]

88 was the low end of the last monthly spread. 100% out of the money at 1201. 61-49 next. Everyone got burned, so we may spend a few days on the chop here.

 

[Broch]

Re: the 1000 call jibe.

At the close of the day of the bounce at 666.79 there were better than 4:1 odds in the calender year spread at 1961.38-477.64 and near as close to no percent chance of expiring in the money. Climbed until 1000, a year and a month later. We then tested 1000 on the low end of the spread again in November that same year. As of close Tuesday, the year spread is 1463.4-991.41, shy square of the year and off by some 225 points.

What are they going to dub this next crash? We-didn't-really-flash-you we're-that-quick crash?

Odds on favor to win: below 1000 by the end of the month.

 

[fishing]

this market never ceases to amaze me, it keeps going up while people out there are saying we're facing the worse crisis

also proves that the mass gets it wrong more often than not..

 

[fishing]

Quote from fishing:

this market never ceases to amaze me, it keeps going up while people out there are saying we're facing the worst crisis

also proves that the mass gets it wrong more often than not..

 

[JoshDance]

Quote from fishing:

this market never ceases to amaze me, it keeps going up while people out there are saying we're facing the worse crisis

also proves that the mass gets it wrong more often than not..

Remember that we went down almost 300 points, about 20%, over the course of a few days in late July / early August? The market already corrected down quite a bit, and we're now finally getting to the top of the range (1225 or so) where the real sellers may actually start to sell again.

When "people out there" are saying the sky is falling, it's usually a good time to buy

 

[Laissez Faire]

Quote from fishing:

this market never ceases to amaze me, it keeps going up while people out there are saying we're facing the worse crisis

also proves that the mass gets it wrong more often than not..

The masters of causality, also known as the financial media here exemplified by Bloomberg, states that "U.S. Stock Futures Climb on Debt Crisis Hopes".

Fine with me