Thursday, July 30, 2009

Up and Down

Seems the market is using the range of 980-965 area as it plays with our short entry. Im holding this as a swing and just made my last short entry at 990 pop. Its been really trying to hold as each day besides today we come in and the ES gaps down and looks like it may be the day we get a nice correction. Only to be rescued in the afternoon. Lets try and stay patient here and see if the can pull back or need a final push and close above 1000 to say they did.

Thursday, July 23, 2009

short a few more here 963

adding here a few..it may go higher

Just added a little more here at the 972

Wednesday, July 22, 2009

954 looks good

The important 954 top area look good from here...oh ya its now 10 days straight up on NASDAQ. Bearish???? lol.

Tuesday, July 21, 2009

Cover 50% ES @ 944..+10

taking a little off here , will add higher if appl earnings pops us higher and if we sell off then we get the decline.

Short ES @954

Monday, July 20, 2009

Going Flat for now

The volume is light again as we work on either side of our entry. I'm flat now as we wait for better set ups.

Thursday, July 16, 2009

Short ES @935.25

adding a little here as ibm and goog look muted to upside on earnings. Down tomorrow IMHO.

Wednesday, July 15, 2009

Short ES @ 925

Looks toppy to me here into Fed minutes and possible 2:30et whip saw.

Tuesday, July 14, 2009

OUT ES ..Even

We had a nice pullback which i should have covered into..but thought there would be more. That's ES trading for ya! Well get em again!

Short ES @ 901

See what kind of pullback we can get here.

Monday, July 13, 2009

Taking some Profits here + 22 on 870 entry @ 892

Not sure what to expect from here. Yes its bullish and the Gs earnings etc which was the main reason for the upside reversal but when you get those kind of profits, you need to take some off.

Friday, July 10, 2009

Long ES @ 870

picking some more es up here...thinking recover and upside bounce.

Update gang here for Monday July 13/09 .nothing new long as posted for a snap back rally into Option Expiry.

Wednesday, July 8, 2009

Long ES @ 876.50

Little more downside average in here as looking for a reflex here into earnings starting tomorrow.
Update on master swing short from 954 in short swing accounts working extremely well! Looks like we faded the world and won!

Tuesday, July 7, 2009

Bought Es @ 884

looking for a light volume reflex bounce

Monday, July 6, 2009

Sold ES @ 891 +7

WOW that was a long hold for 7 points! Taking the rest of the day off.

Bought ES @ 884

Still short , but reflex bounce trade here.

Thursday, July 2, 2009

cover some ES @ 898 + 25.25

Taking a little ES swing here off the table as expect the market to probably be minimal to the downside for rest of day due to early holiday departures of traders for the Long Weekend. Happy 4Th of July Gang!