ES Journal Archive (2011)

[Picaso]

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.

Not sure I'm reading this right... Lunch time... break, clear head, start again

 

[PushPull]

Sometimes I get the eerie feeling that someone is listening to my thoughts and posts. Maybe I'm paranoid on top of schizophrenic?.

 

[Laissez Faire]

Quote from Laissez Faire:

Sold 1231,50. Stop @ 1333. Targeting hell.

Stop @ B/E.

You may be right, Picaso, and I`m not totally convinced myself either, but I`m willing to bet my current two points of profit that we trade at least down to 25.

I may very well be wrong.

 

[ammo]

123 straddle trading at 97 cents,spy at 23,5 so worry factor is a 47 cent move, which keeps us at or under days high

 

[JoshDance]

ammo, I wish I knew what the hell you were talking about. I need to brush up on options it seems.

 

[PushPull]

Quote from Laissez Faire:

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

Did I tell you already that your thinking is magnificent?. This trade is, for me, someone else's problem.

 

[Laissez Faire]

Quote from Laissez Faire:

Sold 1231,50. Stop @ 1333. Targeting hell.

30,50 locked in.

Will re-enter if trapped out.

Not too convinced at this point, although it could break in any minute now if we make new lows.

We shall find out soon enough.

 

[macho grande]

L another @ 1228.50

last bullet

1230.25 is BE

 

[JoshDance]

will buy 28

 

[Laissez Faire]

Price s simply sitting here. Hell is in sight, but someone is buying.

I wonder if all the big players is at Volente`s while the bots are running the show.