ES Journal Archive (2006 - 2008)

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

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  1. Trin is derived from adv,decl,adv vol, and decl vol.

    So it cannot tell if some stocks are being accumulated at a price lower than previous day close. It will be classified as heavy selling if the volume is significant.

    Or, the flip side, stocks being distributed at a price higher than previous day close. It would be classified as buying if the volume is heavy.

    Thus, it is good for confirmation of a trend, but not for detecting "non-confirmation" of a trend, like today.
     
    #50411     Dec 18, 2008
  2. Previous day low tested. Would it hold?
     
    #50412     Dec 18, 2008
  3. getting long 92-93, stop under 88 target 99+
     
    #50413     Dec 18, 2008
  4. ahem... 884-887 solid support

    break below this opens the way to 865
     
    #50414     Dec 18, 2008
  5. stopped out.
     
    #50415     Dec 18, 2008
  6. Crude plunges to 36.82, down 3.49, about 8%

    Am looking at USO calls
     
    #50416     Dec 18, 2008
  7. wow.. down another 70 cents in 2 minutes at 36.15
     
    #50417     Dec 18, 2008
  8. Vol,

    Bravo for the 885 target! :D
     
    #50418     Dec 18, 2008
  9. dmartin

    dmartin

    Bought half my position back here at 887.5
     
    #50419     Dec 18, 2008
  10. Anna K.

    Anna K.

    don't you think that they are very expensive and the vol is too high?
     
    #50420     Dec 18, 2008
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