ES Journal Archive (2006 - 2008)

I told ya so.

Big Bull Trap. Leading the bulls to the slaughter.

 

I bought.. some of my orders didn't go through on the fullservice side.. wont name the firm.

1164.. was my level..

 

Just curious Spec. Your ma's didn't even hint at support at 64 on that last run. How do you utilize the ma's in that situation?

 

anybody is holding positions overnight?

gold is up over 11% (highest one day ever)
silver is up 15%
vix is over 36
treasuries are selling at a negative yield
credit spreads are through the roof
we had a fake out today
the charts do finally look ugly
it definitely looks like a lot of panic now

is fed going to do something tonight?

is this the bottom?????

 

I think this one is a go Spectre.

 

5 million minis traded today.......wow. I dont ever remember a day that struck that mark.

 

Anyone have a count on how many trading careers ended today?

 

I can almost guarantee that Asia will shit pants in a while. Buy order somewhere at 1155-50 will be probably filled during night - if not even lower.
If it will not happen than today was just trap.

 

my intuition is to the point that I can predict the MA's crossovers before they happen using price action at the tic level on the 240 tic chart.

 

The only one that matters is my own was extended another day......oh and you guys of course.