ES Journal Archive (2006 - 2008)

talking more off at 39.50 letting last 50 letting run with a be stop for a retest of 1430

 

Well, I took my eye off the ball again. ES fooled me, and didn't make it up to 46; it turned 45 and I didn't get in. FWIW, I see no indication that the downmove is running out of steam, and expect it to further.

EDIT: Short 1/2 position from 1439.75.

 

mbusch I live for these trades... dont get them very often... its only fair I make back what you took from me

 

...20 point flips..

 

I agree, fair's fair. I have absolutely no complaints today.

 

notice how ES stalls but VIX is close to the trendy.

 

Out of this at brekeven, momo has stalled. Gonna take a much-needed break.

 

if ES is not exciting enough...heres a OT: Movie...

http://www.zeitgeistmovie.com/

 

I don't follow the VIX, Chris. What is it telling us?

 

basically the moves should confirm each other..if they don't, then someone is spoofing... in one market..