ES Journal Archive (2011)

[Lawrence Chan]

Quote from Builder17:

Let TDAYboyz work things out :]

Oh, you mean selling down to 85 first, then gap down to 75, and let the T-Day boys to run it up, tomorrow?

That kind of working things out?

 

[Lawrence Chan]

Bennie will speak by 2:15

and the conference does not end until after market close.

 

[DanS]

Seems like P/A favors the long side, but that seems contrary to what might be a channeling type day.

 

[Builder17]

Quote from Lawrence Chan:

Oh, you mean selling down to 85 first, then gap down to 75, and let the T-Day boys to run it up, tomorrow?

That kind of working things out?

Haha yeah I suppose thats plausible too

 

[ammo]

cash

 

[ammo]

spx large and small hns,small completes to 1235 or large makes right shoulder

 

[mwingo1135]

Quote from ammo:

spx large and small hns,small completes to 1235 or large makes right shoulder

Might be time to do another temporary short from 1292.25

 

[Now is Now]

Quote from mwingo1135:

Might be time to do another temporary short from 1292.25

Surely you are not saying that you have that trade 10 minutes after the last strike?

NiN

 

[mwingo1135]

Quote from Now is Now:

Surely you are not saying that you have that trade 10 minutes after the last strike?

NiN

I am not calling a trade I am talking about direction

With the Feds change in outlook the market "might" look to do a full correction down to about 1246 but the market might swallow the news and keep moving forward.

 

[mwingo1135]

Quote from mwingo1135:

I am not calling a trade I am talking about direction

With the Feds change in outlook the market "might" look to do a full correction down to about 1246 but the market might swallow the news and keep moving forward.

June 28th is the austerity's measures vote and the market will absorb that news also.