ES Journal Archive (2011)

[ThEdIsRuPtOr]

1250+ by the end of this week. IMO.

 

[letemrun]

Quote from letemrun:

stop moved to 25 on remaining 2/3, will probably end up holding over night would like to take of a 1/3 at 1077

hit this has been too crazy for me

 

[JSHINV]

These were the only two trades I made this morning. One lot each only. Could be considered scalps, but I don't like doing 1-2 point scalps. But, when the volatility is there, I have no problem getting in and out in a flash. When I have or expect volatility being very high, I work off 5 minute charts, most of the time I work of hourly charts and with the hourly charts trying to develop the discipline to sit on my hands. Done for today.

+17.50

 

[emg]

Quote from emg:

plan on going long 1067.00

Hola Amigos! Cancel my es orders!

Quote from letemrun:

got to start somwhere... plus i need $$$ so I can buy emg mojitos at 1067

Quote from volente_00:

getting thirsty

Lets have a mojitos at the bar and grill!

 

[JSHINV]

This market reminds me of when the DOT com bubble was topping and began its reverse. A sharp move down one day: "the world is coming to an end." An equally sharp move up the next day: "to the moon! good times have never been so good!"

I am not saying this is what is going to happen now. I am just saying it reminds me of that time.

 

[joneog]

Quote from volente_00:

Exited all longs at 1168. ALL YOUR AFTER THE FACT SHORT PROFIT BELONGS TO ME AND DEMTDAYBOYZ

what, you didnt get 1174? Nice trade.

what a day, look at what the Russel did in the last 30 min !

 

[schizo]

Did anyone except me have "Oh my bleeping god-almighty Fed blooper moment of epiphany"?

That was just crazy (read: sickening) wild. Hope nobody got hurt.


BTW Vol receives enough hate mail as things stand. As an added bonus, I'm sure he'll burn in hell more sooner than later...so why dontcha leave the poor dude alone.

 

[Dortch]

Is today the start of the low volume (not today) rally, which lulls many into wondering if it is time to again adopt a long bias?

 

[joneog]

Quote from joneog:

trying to sell 111/113 Aug SPY put spread @ .69, gonna need a decent drop to get it

(no stop, max-loss of 1.31 per spread)
--------------------------------------------------------------------------------


filled @ .69, now the bottom is sure to fall out

Finished trading around .35 for + .34, now I have to decide whether to close it out on an early rally tomorrow or let it ride into exp and deal with that stress.

 

[JSHINV]

Quote from Dortch:

Is today the start of the low volume (not today) rally, which lulls many into wondering if it is time to again adopt a long bias?

I can honestly say with recent daily average true ranges being what they have been of late, I have no clue. But, we should have a good idea over the next 5 to 10 market days.