ES Journal Archive (2011)

[JoshDance]

Quote from JoshDance:

Line in the sand for bulls is 23, IMO.

If 23 holds does that mean I get to be a guru??!!? You know, those people who are full of shit but once in a while make a good call?

Was looking to buy 23.50 after 23 held but no retrace to speak of... :-/

 

[satchel]

hmmm payroll tax cut vote is in the air again!

and fantastico entry JD. great swing.

 

[ammo]

27 cash is likely sh es 28.25 add 29.5 if we get there add 30.25

 

[bigsnack]

Quote from bigsnack:

Will be looking for a 50% long here if it trades. limit order currently at 25.50.

order cancelled.

 

[macho grande]

the selloff was extended, the PB will too

holding for ~30

 

[satchel]

trade is in the green $_$ financials perking.

 

[bigsnack]

What do you guys think? Based on the TICK and where we are trading, the best chance at a pullback now would be 28ish, correct? A little R turned S, with some "ledge" action peppered in for flavoring.

 

[satchel]

financials is your answer Big.

 

[ammo]

Quote from ammo:

27 cash is likely sh es 28.25 add 29.5 if we get there add 30.25

out 29.5

 

[JoshDance]

Quote from bigsnack:

What do you guys think? Based on the TICK and where we are trading, the best chance at a pullback now would be 28ish, correct? A little R turned S, with some "ledge" action peppered in for flavoring.

Sounds reasonable, though if you look at a trendline on the intraday connecting the last two swing highs (damn I hate trend lines), a retest of that would put it around 26. But I don't usually pay attention to that stuff very much. Also 25.50 is really the lower boundary for significant volume today. But this is pretty vertical so take that for what it's worth. A bit of a tricky day so far I must say. My last short that was BE had a target initially of 24, and I was looking to reverse long, I just hate it when it has no pullbacks (unless I'm in it of course in which case it's the best thing ever ) .. but just a little double bottom would have been nice.