ES Journal Archive (2011)
- Thread starter Buy1Sell2
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yo EMG gotta run by the bank of volente but then you can meet me for mojitos at the bar and grill. We will be serving hateraid for those who bet against me.
Quote from FreakofNature:
Looks like the destruction is on me.
What a horrible call.
Sticking to my stop but I'm not hopeful at this point
FoN
Horrible call did not turn out to be so horrible after all.
Took half out at 65.00 for a +19.00
Reducing stop on half from 85 entry to 90
Letting the rest run.
FoN
(((09-08-11 05:20 PM
Quote from Buy1Sell2:
What I see is basically a lot of noise up and down in a longer term down trend. We would need to get up to my stop for this to be a longer term bullish market. If my view changes on that based on future market movements, I will post it--but for now, that is how I view this market. )))
Volente 00 asks --so you will not be bullish unless we tag your stop that sits 170 points higher ?--
Buy1Sell2 responds-- yes, that is correct as of now. Future market activity should allow me to change that view and lower that area at some point in the future. I will not necessarily need to break a reaction high to get bullish, but right now, I do not see a longer term bullish setup.
Quote from Buy1Sell2:
What I see is basically a lot of noise up and down in a longer term down trend. We would need to get up to my stop for this to be a longer term bullish market. If my view changes on that based on future market movements, I will post it--but for now, that is how I view this market. )))
Volente 00 asks --so you will not be bullish unless we tag your stop that sits 170 points higher ?--
Buy1Sell2 responds-- yes, that is correct as of now. Future market activity should allow me to change that view and lower that area at some point in the future. I will not necessarily need to break a reaction high to get bullish, but right now, I do not see a longer term bullish setup.
covers half 1166 +6 from avg
/covers rest +5 from avg
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