ES Journal Archive (2006 - 2008)

lowered trailing stop to 70.25........looking for 32 target on the remaining 1/4 position.

Dow cash hanging around daily TL......which will dictate a reaction on ES just as it did on the 200day kiss......that gave us a 15 handle pop.

if we trade down to 13K on dow....i`d expect a pop with ES at 47/48....coinciding with 13K.

 

make that the dow weekly TL....bit more significance.

 

Where those T day boys at ?


Wonder how much of that spy put volume today are new writes.

 

long here 1461.50 2 pt stop 15 pt target

 

getting out now for -1pt

 

do we break 54 today?

 

Just think about how much nicer that long will be from 1532!

 

I smell a long at 58

 

didn't last long. r we basing at 57.25?

 

Okay, I give up. Out of final 1/3 of shorts here at 1458. Too much buying there, and tons of bullish divergence. I guess my dreams of 1432 will have to wait. Now flat.