ES Journal Archive (2011)

[tortoise]

Quote from volente_00:

are you really surprised about a gap fill that started when cash went +10?

No, especially under these conditions.

 

[volente_00]

Quote from Now is Now:

School holidays or college break?

You were stopped out 9525...so where did the 300 profit come from?

NiN

maybe his sim stop did not trigger?

 

[Lawrence Chan]

Quote from tortoise:

No, especially under these conditions.

This down swing is getting odd ...

Good lows usually gap down flushing out the weak hands.

So far this year, we seldom get a normal bottom.

That's probably why many are trained the wrong way in thinking they can simply buy this low.

Today is quite normal though. =)

 

[tortoise]

If 1239 prints tomorrow we won't be rallying next week ...

 

[volente_00]

flush possible but we will not close under 1266 for the next 8 trading days

 

[eudaemon]

Quote from tortoise:

If 1239 prints tomorrow we won't be rallying next week ...

I don't do "we". The spoos will rally next week no matter what low prints tomorrow.

 

[volente_00]

shorted 87 with a stop at 91


target is 78-79

 

[Trvlwanderer]

Quote from volente_00:

shorted 87 with a stop at 91


target is 78-79

You are not looking at 91 area as the r10 from low of 82.5? Seems it may be a place to short.

What am I missing on this one Vol?

 

[tortoise]

Quote from eudaemon:

I don't do "we". The spoos will rally next week no matter what low prints tomorrow.

1239 could trigger a flash crash ... but, yes, you're right, the spoos would rally next week nonetheless -- all the way to 1185.

 

[volente_00]

Quote from volente_00:

shorted 87 with a stop at 91


target is 78-79

covered half at 81.5


stop moved to 87 on rest