ES Journal Archive (2011)

[aquarian1]

Quote from marceck:

The bottom was just put in at 1259.50.

i agree

 

[marceck]

Here is my main reason, aside from stocks above 50 dma at an extreme low, a couple of p/c equity readings right below 1 last week, and an NQ 3/16 gap close.

 

[marceck]

Quote from marceck:

Here is my main reason, aside from stocks above 50 dma at an extreme low, a couple of p/c equity readings right below 1 last week, and an NQ 3/16 gap close.

And of course a TD count of 9.

 

[marceck]

Quote from marceck:

And of course a TD count of 9.

I put all this out on the buzz at Minyanville when it got hit, sharing with you if that's okay.

 

[marceck]

Now of course the market will prove me wrong (...), but I'm willing to ride this one out. So be it. My main premise is that this is not 2008 and we are still in a bull market. So for this type of selling/negativity to reward bears down here would be a very low odds play. I'm okay with being on the other side of this now.

 

[volente_00]

WHATYAKNOWBOUTDATR10

 

[letemrun]

Quote from letemrun:

Took third off at 60, stop moved to 65.5, gonna let this ride for a while like to see 50

edit: took another third at 61.75, stop is 68 on the rest target...0

All out should have reversed at 61.75, oh well vodka time

 

[aquarian1]

Quote from letemrun:

All out should have reversed at 61.75, oh well vodka time

Good trading

what did you get for the last third?

 

[Now is Now]

SLD 7025...Target 6750

Will ADD, if necessary

NiN

 

[letemrun]

Sh 71, stop 75, target 65