ES Journal Archive (2009 - 2010)

shorts are stuck,they bot on every pullback, have to wait til 3 01 pm

 

For the record : buying some of the March 2011 950 puts.

 

strong drop there.
long 1161

 

The trick with the gekko pattern is that even if it breaks out of the afternoon range, it usually returns into it by the close, just like today....

The range for the cash was 62-66 and we are closing at 65 after a short break out to 68...

 

61 7/8 avg reduce 60.5 ... 60 todays nip,59.75 will drop to 57...

 

Almost made it to the top of the flush crash candle, but no joy.

Dey is still askeered.

 

Weekly TICK still not bearish.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2976453>

 

Still holding these ?

 

The 10:35 EST candle on the 1 min had "rally cap" written all over it. I saw that candle unfold, and it extended down very quickly, but was rejected with equal authority. You never argue with a candle like that.