ES Journal Archive (2006 - 2008)

Discussion in 'Journals' started by Buy1Sell2, Mar 2, 2006.

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  1. Let's not forget that down in the pit, traders refer to a contract as a "lot". FWIW
     
    #43021     Sep 7, 2008
  2. That's the difference betwen the Irish and the Jews on the respective exchanges. I know the history of the semantics and I don't recall "shares" being part of it.

     
    #43022     Sep 7, 2008
  3. So before you went long your "ES shares", evidently you took your beating on your short sale from Friday. LOL.

    OldTrader
     
    #43023     Sep 7, 2008
  4. jasonjm

    jasonjm

    hehe someone went to sleep this weekend and didnt look at their screens

    they left a bid of .50 cents on oct 17th 1000 strike ES puts


    i sold 10 of em just for fun, .50 cent fills, already holding 30 of em from friday

    there are 14 left if anyone on this forum wants to sell the other 14 to this guy

    hehe

    im holding to expiry of course, odd of market hitting 1000 by oct 17th is pretty slim I would say hehe
     
    #43024     Sep 7, 2008
  5. Tomorrow is going to be interesting, thats for sure.

    Anyway, I got some good dialogue going with a couple posters when I posted up my last stock swing/position trade here (APP) so here goes another for anyone thats interested.

    PPC... I am new to this stock, but looking over the chart I've noticed that this thing responds to fib levels more precisely than any stock I've ever seen. Literally every major pivot occurs at a textbook retrace, extension or both. The confluence is also some of the tightest I've seen in any stock chart (levels within 10 cents of each other). Because of this, I'll take my entries and exits accordingly. Also notice the volume and clear accumulation going on at these lows.

    Long from $13.21 on Thursday. Initial stop at $10.93 but I'd like to quickly move that up to a little above $12 once(if) we get out of this 13-14 range. First target at $19.15. Second target at ~$22. Third at ~$26.

    Nice Chart -
     
    #43025     Sep 7, 2008
  6. When the Globex traded down 40+ points earlier this year, it screeched to a halt by hitting limit down. Ironically, I guess limit up doesn't quite apply. :confused:
     
    #43026     Sep 8, 2008
  7. volente_00

    volente_00

    5% move from 1240.25 to trigger overnight
     
    #43027     Sep 8, 2008
  8. jagmot

    jagmot

    It is not illegal when you have 'permission' :)
     
    #43028     Sep 8, 2008
  9. jagmot

    jagmot

    Too much margin IMHO for .50. Also I see a bid of .60c right now btw
     
    #43029     Sep 8, 2008
  10. jeb9999

    jeb9999

    Electronic (AKA overnight) trading hours on Globex have the 5% equities futures limits both up and down, but RTH limits (10%, 20% and 30%) only kick in on the downside.
     
    #43030     Sep 8, 2008
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