ES Journal Archive (2006 - 2008)

Short from 1458.75. (Trading what I see, not what I thought.)

 

This is typical of what is going on, better to be on the sidelines then get hit with a sledge hammer.

http://www.marketwatch.com/news/sto...02B-A85A-4674-A43C-C3F1FE6980AC}&siteid=yhoof

 

10:30 crew represent

 

Covered at 1454. Now flat.

 

VIX

coming down at the moment.

 

http://traderfeed.blogspot.com/2007/11/stock-market-volatility-and-position.html

 

Short again from 1463

 

Dont fight the Patriotic rally today

 

Ouch, taking some serious heat here, but the bearish divergence still looks compelling. I definitely failed to wait for confirmation of the turn, however.

 

Bearish divergence??? What frame? It certainly isn't on the 60 minute---

That's not to say that we won't go down from here. ES is bearish in general right now.