ES Journal Archive (2011)

[satchel]

my mechs went short at 1233...hmmmmm.

 

[tortoise]

Quote from satchel:

my mechs went short at 1233...hmmmmm.

my mechs went long at 1232...hmmmmm.


[p.s. i never trade off my mechs]

 

[JoshDance]

pending home sales +10%, best number in last few years from data I see, yet we didn't go any higher at the top when it was released

 

[tortoise]

Quote from JoshDance:

pending home sales +10%, best number in last few years from data I see, yet we didn't go any higher at the top when it was released

i think satchel had the best line on this...the good news was getting a bit "thick" beyond that, i don't see any great significance to the fact that we're churning here

 

[wave]

Markets = Math...Keep It SImple...Quit trying to read the markets based on fundamentals. Too subjective. Like Netflix (NFLX), watch the buying once it touches 46 and Panaera (PNRA) drops below 116. Put those stocks on your radar and watch them.

 

[macho grande]

Sold 33.75

 

[wave]

The only mathematical fundamentals you need for equities are the price of the 10 yr note and the equity risk premium.

Just ask Warren Buffett.

 

[tortoise]

Quote from wave:

Markets = Math...Keep It SImple...Quit trying to read the markets based on fundamentals. Too subjective. Like Netflix (NFLX), watch the buying once it touches 46 and Panaera (PNRA) drops below 116. Put those stocks on your radar and watch them.

good point but ... pnra and nflx? why?

 

[ammo]

Quote from ammo:

sh 1227 add 31.5 add 34.5 add 35.75

32 1/8 out 34

 

[wave]

Just examples.

Quote from tortoise:

good point but ... pnra and nflx? why?