ES Journal Archive (2011)

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Not really LC. Internals have been poor for a long time already. I'm talking here EL MOJO-MATADOR is back in town!. I saw him doing his deed in the tape yesterday all day.
 
Quote from eudaemon:

Not really, I'll be short big if the market starts dropping, right now it is only a few deltas in comparison.

Your pachinko play is really really good, you play those small swings like a fine violin.

Do you know that the market can and does gap through stops?.
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I rarely hold through globex close and use market stops. I will gladly pay the slippage if need be to be flat
 
Quote from volente_00:

I rarely hold through globex close and use market stops. I will gladly pay the slippage if need be to be flat
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Were you around Sep 11, 2001 ?. October 1987, 1989 ?. Slippage...bankrupted many.

Not saying that what you do is undoable, as clearly you are doing it...amazing to watch really.

I can imagine there are many silver traders walking strange today...:D
 
The possibility of a down trend day disappeared after that leg up to 1357 just below yesterday`s close.

We just closed below the day`s 50% @ 1354,25.

No follow through though.

Might take a long if we close above the 50% trusting that the t-day boyz will deliver as usual :)

Upside target would be 1360-61.

Downside target. 1350-48?
 
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