ES Journal Archive (2011)

[bapovs]

Looking for a long opportunity (pullback) or fading the late (noon) new high.

Market is fairly strong. Grinding to the upside. Let's see how the day evolves.

 

[Samsara]

Quote from i_c_fed_people:

probably see 1290 today, and if not, tomorrow.
Would love a pullback to get long, but dont think it will come down so may have to chase it yet again. We'll see...

Just a guess, but moves like this tend to have an exhaustion run with a volume spike, and then a second attempt at new highs on lower volume before flipping. So far, while volume has been consistently hitting offers, I haven't really seen any exhaustion move, just declining volume. Not sure what to make of that.

 

[emg]

Quote from emg:

plan on going short 1271.00

order cancel. missed by 1 tick

 

[JSSPMK]

Quote from emg:

order cancel. missed by 1 tick

First there was Porgie, now there is you

 

[Nexen]

Quote from emg:

order cancel. missed by 1 tick

What a tremendous joke that you are.

Price rarely gets to your entry points, when they do and you get filled you go for a point and now this ?

Freaking joke.

 

[Samsara]

Quote from Samsara:

Just a guess, but moves like this tend to have an exhaustion run with a volume spike, and then a second attempt at new highs on lower volume before flipping. So far, while volume has been consistently hitting offers, I haven't really seen any exhaustion move, just declining volume. Not sure what to make of that.

11:35 could be the spike. Looking for signs that volume is hitting bids over offers on balance now.

 

[i_c_fed_people]

may aswell : long 1271

 

[JSSPMK]

I used to trade these sell intraday signals, quad divergence at high

 

[i_c_fed_people]

Quote from i_c_fed_people:

may aswell : long 1271

order in to cover at 1275.
Off out for a bit now.

 

[kinggyppo]

spy up 23% off the july low, quite a move especially if you are using leverage. Mutual fund managers and hedgies looking like geniuses, the question is will the market see volatility again or will vix trade to 12 by June, Happy New Year.

http://seekingalpha.com/article/240576-2011-predictions-goldman-looking-for-25-from-stocks