ES Journal Archive (2011)

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Quote from eudaemon:

Thread: ES Journal
Post: 1313.13 Some short erased my posts...:p
Preview: 1313.13

Some short erased my posts...:p
Journals eudaemon 102951 15173214 06-28-11
02:54 PM
Thread: ES Journal
Post: 1313.13 by tomorrow's close?. All your buy stops a
Preview: 1313.13 by tomorrow's close?. All your buy stops are belong to us.
Journals eudaemon 102951 15173214 06-23-11
08:10 PM
Thread: ES Journal
Post: 1313.13 before the week-end, methinks.:eek:
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Third time is a charm.:D

S&P 500 Index September 2011 (SPU11)
1,313.20 8.90 (+0.68%)Thursday, Jun 30th, 2011 9:06A CST
 
Anyone shorting into the end of quarter pump deserves to lose. That is the dumbest trade ever. Anyone who follows the markets knows this. Never short the last week of the quarter. If you want to sit out, do so, but don't short.
 
Quote from eudaemon:

I'd like to remind all brave souls trading the SPOOS, that 40-50 point updays are extremely infrequent, but are indeed possible, and have happened in the past.

I'd like to add that the likelihood of having one of those tomorrow is the largest it has been this year.

Having said all that, please feel free to short the market on margin.
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Anyone playing this long, should have a BE stop already.:p
 
Quote from Buy1Sell2:

Currently short the Sep ES contract at 1314.50. Stop is 1372.50
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Big stop, what would be some targets for you on this kind of trade?
 
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