ES Journal - 2013

long dec nasdaq 3219

 

Hmmm. Assuming not the first time this has happened.

 

I think the real complication is that all of the large fast money players that normally trade that number may back away. Given the claims data of late, this may remove a meaningful amount of liquidity at the bid, and I don't see evidence in the market internals to suggest that slow money is on the bid with conviction.

 

short 1677, stop 1679.50, target 1674, then 1671


edit: stopped out

 

If we go red good chance we take our yesterday's low. Will wait to short that break.

 

Long 2 cars at 1679

So a total of 2 cars long from 93 and 2 cars long from 79. Booked profits 17 points.

 

73% of dow components did not make new highs in September with new all time highs in the index. The magic of a price weighted index.

 

This is some f**ked up price action ! Can't get a feel for where its going

 

I lied, shorting 86-87 for the day, stop at 90.50.

 

AAPL bullshit out of Icahn