ES Journal Archive (2011)

[Buy1Sell2]

Short covering rally here. Traders evening up positions in anticipation of the FED meeting. --Staying short for now.

 

[Lawrence Chan]

Before we can see vol's 1160 maybe we need to visit prev day close at 17 first.

If that does not stop the drop, below prev day low.

Am bullish if that holds.

 

[Buy1Sell2]

Would have to break 1220 for further upside. It would be unlikely for this to happen.

 

[Lawrence Chan]

Quote from Lawrence Chan:

Before we can see vol's 1160 maybe we need to visit prev day close at 17 first.

If that does not stop the drop, below prev day low.

Am bullish if that holds.

17 first.

 

[JSHINV]

The message I posted on 8/8/11 at 705PM PST was meant to be addressed to Wingo man and not Volente.

 

[volente_00]

Quote from mwingo1135:

People are dumping their shorts ahead of the FMOC Annoucement.

The market was overshoot past 1125. 1125 was my original level everything past that was just oversold territory.

The fed will need to say something or do something to stop the next leg down

no tricking you. Have any more after the fact commentary for us? So how much profit did your greed allow you to give back to DEMTDAYBOYZ? Now you will have to buy a kia instead of the hot wheels ferarri

 

[ammo]

sold 1161,covered 1050

 

[klinckphilip]

I would like to sell at 49.

 

[smilingsynic]

Quote from Buy1Sell2:

Short covering rally here. Traders evening up positions in anticipation of the FED meeting. --Staying short for now.

I don't really post on ET anymore, since it is a waste of time, and there are very few serious traders here.

But I have to say, nice trade. Very, very well done.

 

[klinckphilip]

Short 47.50

Stop 55

Target 15pts or so.