ES Journal Archive (2011)

[dadog]

Quote from FreakofNature:

Stopped in afterhours and took 4 points slippage so instead of -20 took a -24.

This one gonna take a bit to recover from.

Read it all wrong.

FoN

IMO, you are reading it right. EOM combined with the political climate is causing this tape.

Couple this with the H&S hype gets you wholesale entry for the move.

It takes a vicious trap to sustain the types of moves like the one coming up.

 

[FreakofNature]

Quote from dadog:

IMO, you are reading it right. EOM combined with the political climate is causing this tape.

Couple this with the H&S hype gets you wholesale entry for the move.

It takes a vicious trap to sustain the types of moves like the one coming up.

Yes, I see the potential long but they are seriously pushing.

The rewards from these levels are ridiculously tasty, just got to find that bottom.

FoN

 

[startraitor]

Long 1289, stop 1260, juicy indeed.

 

[Cereal]

Quote from Cereal:

Any opinions of what may happen if ES looses 1291.25 soon?

Not trading this one for real but looks like many of you are getting lots of free money right now !!!

What a beautiful short right now !

I hope some benefited from my tip !

 

[Lawrence Chan]

Quote from volente_00:

If cash does not hold 1276 on close then we will print 1150 this year.

New moon this weekend.

 

[SnakeEYE]

Quote from Lawrence Chan:

New moon this weekend.

So?

 

[Lawrence Chan]

Quote from SnakeEYE:

So?

Time to jack up the indices to decay the option prices over the weekend.

MMs got what they wanted - a bigger range to work with for the 2nd half of the year.

They are not going to make it easy.

Of course more b.s. on debt talk, you can throw everything out of the window.

 

[jackson222]

good morning traders.

 

[jackson222]

What was that downdraft to 1283 all about? Can anyone say?

 

[diablo11]

Great Journal, interesting to see everyone posting their trades real time. Been watching ES for some time now and thinking of doing first contract, getting long over weekend banking on another 11th hour move by these politicians to make it look like they are heroes as opposed to just doing their job. Any suggestions, comments for someone looking to dip their toe in the ES water?