ES Journal Archive (2011)

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Quote from klinckphilip:

Wow, what a rally. Looks like someones program just kicked in.

Of course if it were my program I would do that just to get a better place to short it down. Probably why I am a little retail trader sitting at my house. Lol.
 
Quote from klinckphilip:

Wow, what a rally. Looks like someones program just kicked in.

Some real big program kicked in selling the BUND and buying ES/FESX.
 
Quote from iloveoptions:

Boy, I hope not. This talk is all healthy for a new bull to start, and I believe this pullback is quite healthy and needed to get new money back in the market. Manager's money will start gushing back in the market very soon if not by mid afternoon.

Where is the origination of this "talk." If you are getting it off of CNBC or one of their counterparts, most all their sponsors want one thing - for people to keep money in the stock market - that's how they make their money. Most all the people they interview want one thing - for people to keep their money in the stock market - that's how they make their money. Now CNBC and the rest do have on token bears now and then.

BTW just completed a succesful long trade. Still down for the day --1.5. These are not a valid trades for the log, , just a comment, that I don't do all short trades.

I don't watch CNBC.
 
Still holding short...Although I almost pulled the trigger at 1166.XX Now I am kicking myself. Hopefully there will be an end of the day sell off.

Sold short at - 1204
Stop pulled down to 00.50

target right now EOD
 
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