ES Journal Archive (2006 - 2008)

Long again @ 42

 

Added to short at 1444.00.

EDIT: Closed out 1/2 at 1440.25 for +7.25. Holding other half short.

EDIT: CORRECTION: Fill price was 1440.75 for +6.75. Sorry.

 

Flipped short at 4125

 

Remaining short hit trailing stop at 1442.25 for +1.75. Total for this trade was +8.5. Now flat.

 

You are getting chopped up there, take a breather and sit back and let the market resolve itself there..

 

the fears being represented in other macro markets haven't been realized yet in equities... basically there is intermarket arb opportunity..

if realization occurs, prices would be sub 1380..

 

Short from 1439.75, small, close stop.

 

Half-day session on Friday is throwing me off balance...but I'm still hanging in there for the ride down.

 

Belatedly adding on short at 1437.50 (not my best entry). Sure looks like a lot of air below here to 1430 or below. Hope I'm right about that.

 

take a look at whats developing on 60 minute.. that floor...if busted..price gains sig..momo to the downside.