ES Journal - 2019/2020

Posted on Wednesday. 2 days later - we're down 240 points top to bottom.

The signs were there.

 

WTI Crude (CL) finally, and I mean finally breaks $40 to the downside. For months, it was holding up above $40 only because of the stock market. Now it's falling apart. Actually, based on the fundies, it should be in the 30's. The planet is flooded with crude oil.

 

Wanted to thank whoever recommended Ed Thorp's " A Man For All Markets.".Thoroughly enjoyable, hilarious, and inspiring..Creatively driven... starting ch 3....

 

hmmm

 

Plenty of time left today for a good ole fashuned rippity doo dah---

 

Yesterday I drew this line and was impugned-----hmmm

 

Markets down a decent amount and XLF barely unch

 

Wow, look at this move down. So the entire afternoon rally was short covering ?

 

He's just playing dead.



S&P 500 prints new highs before September 19, 2020 or I will live stream myself bungee jumping off the Time Life Building during Squawk Box.

 

Two weeks away and SoftBank was 100% behind the manipulation. I feel a prop-bet is needed here.