ES Journal Archive (2011)

tortoise · Nov 23, 2011

Quote from Lawrence Chan:

no guts - pure statistics and breadth oversold condition.

season in bull's favor too.

last kick to kill the sell off is that people will be informed by media that the super committee does not matter until after 2013.

=)

noone3 · Nov 23, 2011

long 69, stp 66.50, tgt 76.5

Lawrence Chan · Nov 23, 2011

Quote from tortoise:

now, now mr. chan. i have great respect for your analytical prowess but please don't try rewrite the record. it undermines your credibility.

Just read the post.

80 is the sand in the line for me.

Did not post it here cause I like Vol's bar and grill =)

It's about anticipation - if then else.

bigsnack · Nov 23, 2011

L 68.50, stop to b/e

ammo · Nov 23, 2011

Quote from Laissez Faire:

I can`t believe I covered my overnight short at 76,50. I need the market to close the gap above now and take out the AH mid at 76. If this is the turning point, I will feel miserable.

I`m not sure if swing trading is good for my health, as I sleep lightly and think about my position all the time, rolling over to check it on my cell phone through the night. I don`t have the stomach to sit through the retraces either.

It was like this back in the day when I was actively swing trading as well. The only benefit I can see is that I always got up early in the morning.

Anyone else facing similar problems on swing trades?

have been staying up til 3 -4 am and sleeping 4 -5 hrs and comin back,lack of sleep is not making it easier to trade , that or the mrkt has been tougher in last month, i think the lack of sleep makes it much harder to get/stay in synch with the mrkt

kinggyppo · Nov 23, 2011

long spy 117.50 stop .30

tortoise · Nov 23, 2011

Quote from Lawrence Chan:

Just read the post.

80 is the sand in the line for me.

Did not post it here cause I like Vol's bar and grill =)

It's about anticipation - if then else.

lol. okey-doke.

bigsnack · Nov 23, 2011

Quote from bigsnack:

L 68.50, stop to b/e

b/e

ammo · Nov 23, 2011

Quote from tortoise:

I'm looking at the Friday, 10/7 close of 155.46 to the to the Monday 10/10 open of 1158.15. That's the gap, isn't it?

thanks i see it ,i was using fri high to monday low as the gap,fri oct 7 high was 71

tortoise · Nov 23, 2011

Quote from ammo:

thanks i see it ,i was using fri high to monday low as the gap,fri oct 7 high was 71

ah.

so which is the "real" gap?

guess we're about to find out!