ES Journal Archive (2006 - 2008)

agreed 0n that 94/95 zone as big R......that zone is shaping up as an ultimate sell with stops just over 1500......big R/R

 

most funds are already hedged on equity exposure.

it will take effort and leadership to break it to 1400.

very different from previous time, when hedge funds were caught in the arb program breakdowns.

 

bulls will be gunning to take out 84.75,yesterdays hi,to put in an outside day for role reversal...if they can....i see lo/mid 90`s as a conservative sell.

if we take out 71.50....i may start looking for a long entry up the target of 85

 

Keep missing the good shorts.

 

shorts beware the 3 min IHS on dow/YM......caught 60.25 small buy @ 50% to get my quota for today

 

Not yet seeing bearish divergence on ESZ, so holding on to my 1/2-position long for now. I do not intend to hold it past the close, however, because of my overall bearish bias.

Raising my sell stop.

 

71.25 was the reactionary price......they can run it if they can get past that price.

 

Long another 50 at 67.00. Wildly bullish on index.

 

Divergence... don't know if this has posted. This was done in hindsight (the lower high and higher high)

 

Price channel.

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