ES Journal Archive (2011)

satchel · Nov 30, 2011

Closing out shorts, china miss and we move up

, don't have the energy to do this another all-nighter. peace.

tortoise · Nov 30, 2011

Quote from satchel:

Closing out shorts, china miss and we move up , don't have the energy to do this another all-nighter. peace.

that was a surprise, yes. perhaps there are just too many shorts...

crazyAtrader · Nov 30, 2011

Joe,

Kill half the longs, adjust stop to entry

Pekelo · Nov 30, 2011

Quote from Buy1Sell2:

upward trend remains intact here.

Bingo

Predicting the move correctly: good

Putting money behind one's conviction: PRICELESS

I don't get it. 3 weeks ago (when you were completely wrong about the market keep going up) you said you were looking to get long again. The market tanks 90-100 pts and you expect it to rally (and you are right at this time), nevertheless you don't trade it.

What gives????

volente_00 · Nov 30, 2011

Quote from Lawrence Chan:

vol gave you the clue already.

option MMs will, at all cost, defend their turf and find a way to press it down.

so, only dirty tricks like the one we got this week can carry ES higher.

atm juice would point to max of 127.4 on spy

JoshDance · Nov 30, 2011

Quote from Visaria:

Out at 1245

Awesome day today V ... may I ask where your stop was on the 30 long?

ammo · Nov 30, 2011

http://www.telegraph.co.uk/finance/...nd-credit-crunch-confirms-Downing-Street.html

ammo · Dec 1, 2011

Quote from ammo:

http://www.telegraph.co.uk/finance/...nd-credit-crunch-confirms-Downing-Street.html

that whole story is a circle jerk,all these countries are deeply in debt ,the lenders and the borrowers,so they are keeping books on the loans made to validate the media postings,but it's like six of us sitting at the kitchen table,5 am ,gs just left,cleaned us all out,left us a loan for high interest,we keep playing,i'm loaning to geno ,geno loaning to smiler,smiler loaning to fathead,fathead loaning to zel,zel loaning to fiesty,and fiesty loaning to me,big circle jerk of i.o.u.'s..money is gone,and the six guy's at the table will maybe some day pay each other back,if they can even keep the i.o.u's straight,so we can lie to the wives,the truth would be astronomically embarassing.

ammo · Dec 1, 2011

Quote from ammo:

add 43 37 + avg..add 44.75..38 avg edit 39+ avg

reduce 1/4 39.5 .. offer back out at 56.. stop 63 ....28 bid for 1/6 of bal

Lucias · Dec 1, 2011

anybody willing to put on the big short here? My models say we could retest 1195 soon

risky either way... very risky market.. favor the downside slightly but very risky. I'll probably sit out... market is really tempting me to short though.