ES Journal Archive (2006 - 2008)

Could be.

Perfectly formed triple push down with no fire power to the downside at all.

 

Lunch hour lull... there hasn't been the intense protracted selling that one can describe as climactic. This thing could go down fast, all the way to 820.
Citi now at 10.48 could decline into single digit price; Goldman is tanking again, could lose another 10% by the time it is all over.

 

Well, we'll see if B1S2's stop at 890.50 gets taken out. That's where the fulcrum lies.

 

11-11-08 11:24 AM

11-11-08 11:00 AM

Short 20 @ 889.25 ( All trades from here on out will be 20 unless otherwise specified)

Initial stop 892.50
Stop lowered to 890.50
Stopped for a loss of 1.25 per

 

Swing trend now long.

Looking for the proper long entry now.

 

Is your system very flip floppy?

 

Long 889.75

Initial stop 884.00

 

The last couple of weeks while I am doing some stop experimentation--yes

 

Misread of the swing trend--still short

Reversed long position to short at 887.75(Loss of 2 pts per)



Initial stop 898.50

 

To hell and back??