ES Journal Archive (2006 - 2008)

Bears decided to take some of the goodies offered by NNB - maybe 30 to 40 SPX points from the high, then a bounce again.

 

I too am looking at the target of 813 (the low made on Monday), although I'm still holding out for that remotely distant 802.

 

didnt see any buy stop bounces in that selloff,hmmm

 

Today's price action closely mirrors yesterday, so I wouldn't at all be surprised if we kick higher from here. But let's hope not. These delusional bulls should be locked up for good.

 

very nice trade, this morning i thought my shorts were goin for a ride above 64 to 80 so i chopped in and out PS , never read the book

 

adding short 40-41, target 30.50-

 

On a day like today, I look for system failures (i.e. tight range break out first attempt fail) before jumping in ...

No guts to hold positions overnight

 

Seriously, you can't make this stuff up except around here.

 

sh 44,will addd up to 49,add 48, add 51.50

 

shorting more 45, stops on all over 49, target 30.50-