ES Journal Archive (2011)

[ammo]

Quote from JoshDance:

can you explain?

the 122 puts need to go out worthless

 

[JoshDance]

will long 30, stop 29.50

edit pulled order, will wait

 

[macho grande]

L another @1230.75

the train leaving the station

 

[ammo]

decreasing ratio,something to watch,at the moment it's still fluctuation,if your short of course you hope for continuation,if long,should make you a little doubtful

 

[Picaso]

Quote from ammo:

just guessing,but the boyz need to capture their sherriff of nottingham taxes today,expos are very tightly controlled

Starting early with the mojitos???

...

j/k


----


But also the 125 calls?

 

[Laissez Faire]

Not a confirmed break yet, although it is starting to look like it.

Need to make a new low below 30 first I think.

Is the trend line violated or do we draw a new one from this new swing low?

Are we testing the trend line breakout?

The subjective nature of trend lines.

 

[Laissez Faire]

30 is still the opening range high, 20-EMA, 50% level, etc.

May still bounce from here.

 

[ammo]

spy needs to hold that 123.43 for the bulls

 

[PushPull]

Quote from Laissez Faire:

Not a confirmed break yet, although it is starting to look like it.

Need to make a new low below 30 first I think.

Is the trend line violated or do we draw a new one from this new swing low?

Are we testing the trend line breakout?

The subjective nature of trend lines.

Sell 1000 at the trendline and we'll all find out.

 

[Laissez Faire]

Quote from PushPull:

Sell 1000 at the trendline and we'll all find out.

Looking better now, but still not convinced.

The risk is removed from the trade, so I`m just gonna see how it turns out from here.

If lower, I`m looking at: 25, 24, 20, 18, 15, 11,50. Not sure If I can hope for that last one, but who knows.