ES Journal Archive (2011)

[macho grande]

L another@ 1218.75

target on all L@ 1222

 

[Laissez Faire]

Quote from Laissez Faire:

Sold 1219,50. Stop @ 1221,50.

Stopped at B/E.

Will re-enter if trapped out. Got to manage risk considering my early losses, although I personally think my initial stop should be safe.

 

[JoshDance]

Quote from Picaso:

Longing to get long...

Itching to get in!

 

[macho grande]

L another 1220

 

[Laissez Faire]

TICK is shaping up some, but we`re still below 1220?

Hmmmm...

 

[JoshDance]

I did not have the confidence to buy this, but buyers found support here:

Quote from JoshDance:

RTH profile, nice ledge at 17.50

http://screencast.com/t/oJlXdqe0sjfD

 

[macho grande]

Quote from macho grande:

L another@ 1218.75

target on all L@ 1222

target canceled. this may have legs!

 

[JoshDance]

Quote from Laissez Faire:

TICK is shaping up some, but we`re still below 1220?

Hmmmm...

Why is 20 so special to you? 50%?

 

[Laissez Faire]

Quote from JoshDance:

Why is 20 so special to you? 50%?

That and yesterday`s close.

Tough to read this. Looks like some kind of downward channel setting up on the 5-minute here.

Unless 20 could be support from here. I`m confused.

 

[Laissez Faire]

Anticipating continuation of yesterday`s buying, I guess one could consider all the action today as a bull flag.