ES Journal - 2013

Judging by the vols, we have not seen capitulation of the bears yet.

 

Totally agree Mo.......YM doesn't seem to be following ES so I guess its NQ thats carting the market up?

 

The pigs are getting fed...oink oink oink. Like cramming 10lbs of shit into a 5 lbs bag.

 

98.71 avg reduce 02(-3.25)

 

I shorted there too. It was an R1. Took a 2 tick loss for the day. Down $ 25 for the day.

 

Market giving shorts a 2nd chance to short 1800s.

Market rarely gives second chances without a hidden agenda.

Something to consider.

 

The pullback was waaay too shallow for this to be a strong counter-trend entry point, IMHO.

 

The bag near the close had a minor rupture....quick get out the super glue....she's gonna blow!!!

 

What about if you were long a couple weeks ago, thinking 1800 was coming but got out at 99, then bought back in at 75! admittedly this was not me

 

someone who wants to self teach needs to go back and look at the lengths of rallies/ runups and the shortening of going into dec 07, jan 08 from 2001/02