Monday, July 6, 2009
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!
Monday, June 29, 2009
cover Es break even
This buy manipulation into the end of month is not something we want to stand in front of as ES goes unchanged in a heart beat.
Thursday, June 25, 2009
Wednesday, June 24, 2009
short ES @ 898
See if we can get a negative close today...use a break even stop on this.
Little update here. @ the close......I'm going to stay with this trade as we seem to be right at 898 and its too close to call. We'll know more tomorrow if we take out today's highs tomorrow.
Little update here. @ the close......I'm going to stay with this trade as we seem to be right at 898 and its too close to call. We'll know more tomorrow if we take out today's highs tomorrow.
Covered ES @ 902 +4
Taking a small profit on this day trade and going flat on day trades. More after the fed @ 2:15et.
Monday, June 22, 2009
Cover some ES @893.+29
We need to be aware of lunch time and the light volume. Important levels here today and that needs to be respected. Great trade for all the traders how followed the Friday 922 top trade.
Friday, June 19, 2009
Cover Day trade size @ 911 +11
I'm going to hold some size into next week but have to take profits into the upcoming last hour of Option Expiry.
Thursday, June 18, 2009
Wednesday, June 17, 2009
Sold ES long Here ..913.25 +10.25
Getting close to the 2:30 ET Option Look ahead time frame for this Wednesday before Expiry. Could move higher put this was a day trade reflex trade only. Caution trading rest of day.
Covered some ES swing @ 903 +51
took a little more off here guys. Just have to take what the market gives you. Ive taken a small long position here for a retrace from the 903.
Monday, June 15, 2009
Cover a little here on ES @ 916 +38
No idea if the buy tornado will come in or not..but covering some to be discipline on a Monday. Still holding from 954 for swing.
Thursday, June 11, 2009
Wednesday, June 10, 2009
Taking some Profits @ 928 +20
Taking the day trading size off the table and staying once again with the original swing going forward short.
Monday, June 8, 2009
Took a little profits at 930 +24 from fridays entry
Taking a few contracts off here as we have a favorable morning. Mondays have flows of mutual fund money and could recover some so we have to be discipline.
Sunday, June 7, 2009
Long Awaited Pullback in the Making
Think we are in the making of a nice pullback finally in the market. Added a little more @ 954 area on Friday . Lets Get er Done!
Tuesday, June 2, 2009
Cover ES @ 940
Sorry for the late post but took some profits on the day trade size for +8. I'm staying with this thing through this extreme trying time.
Monday, June 1, 2009
adding some @ 936
we had a nice decline Friday at the close from the 924 entry. I know some took it , but on a swing basis I like entries into this continuation up move from Friday.
Friday, May 29, 2009
Shorts added @ 924 spike
we may need to add a little higher into Monday -Tuesday but playing the odds we correct early next week. Have a great weekend.
Thursday, May 28, 2009
Staying the course here
Staying short the ES and NQ as we have lots of wiggle room for us to weather the choppy games the MM 's are playing. Keep focus gang ..we'll get em!
Wednesday, May 27, 2009
Tuesday, May 26, 2009
Overnight short NQ @ 1413 ..
looking for some overnight weakness and probably be out of this thing into the wee hours of the night
Thursday, May 21, 2009
Covering half here into holiday +41
Nice sell off today. Covered half the swing ES from 921 here at 880. +41 on the trade so far. Not a bad days pay!..LOL.. Have a great long weekend. Tomorrow is expected to be dead and not worth the trade risk. Cheers!
Wednesday, May 20, 2009
Nice follow though
We had a very nice afternoon to the downside. The selling was quite responsive to the 921 entry. Funny as its always the case where your only in a half position where the moves really work. Anyway there was some nice confirming indicators such as GS roll over, vix looks to be bottoming and the nice confirmed lower close. Good short going forward.
Short half postion @ 921
I'm taking a half position short here @ 921 and will be adding the full position if the indexes hit the 200 ma at 941 -42 area.
Tuesday, May 19, 2009
Friday, May 15, 2009
Cover ES @ 878 +16
Need to be flat here @ 3:10et as the games will continue on this option expiry day. Also very rarely down on a Friday. Great Day gang and looking forward to another great week next week.
Took Profits into premarket weakness
The Es dipped to as low as 882 this morning...If any of you were watching this morning its seemed to find support there and moved higher. The open was a flat one into option expiry.
Thursday, May 14, 2009
Up to +4 points on that resistance level
Hard to trade light volume and option expiry after 3 down days
Wednesday, May 13, 2009
Another Favourable gap
Hi gang , being that its Option expiry this week and volatility will be high I'm scaling out some more of my ES and NQ shorts..Beautiful gap downs this morning ..Nice profits for all!
Covered ES @ 888 and NQ 1355.
Covered ES @ 888 and NQ 1355.
Tuesday, May 12, 2009
Covering up some shorts
Covering some Es from 923 short here @ 900 for 23 point gain..and also some NQ from 1400 for a 30 point gain. I still holding some contracts but we want $ and ability to add higher if we hold here and run into the close and into option expiry games going forward.
Monday, May 11, 2009
And the beat goes on
Nothing to say as we had and excellent day on the ES swing short from the 923 pivot and we entered a new NQ short @ 1400. I would have liked to see more from the NQ as the ES ended at the days lower range but the bulls seem to have used the last bit of patience on this market by rotating into tech. If this rotation fails, not sure where else the Big Boys will hide their money, which I expect will lead to a size able decline . Til tomorrow........
Friday, May 8, 2009
Some profits but staying the course
We nailed the highs this morning for a nice fast drop for up to 13 points. Unfortunately the boys at the Goldman Desks are at it again making sure we end pretty on a Friday. I'm staying with my short here in the ES @ 923 having booked some profits on today's drop and will add higher if we gap Monday or enjoy the ride if we tank from here. Have a great weekend.
Thursday, May 7, 2009
Covered a little @ 898
Staying with this short as the pullback is in the making...tomorrow's close will be key. Wanted to take a little profit off in front of the games after hours of stress test results and banks conference calls. Hope you all were able to stay calm and work around the upside exhaustion. 926 pivot going forward looks good for a pivot high print. Cheers till tomorrow!
Wednesday, May 6, 2009
Monday, May 4, 2009
Short ES @ 897
Tough close on us as they ran it up on light volume. Stay loose gang, lets take a stab a little higher with more size. Thanks to Goldman Sachs and there relentless buy programs we deal with a never ending upside pressure.
Friday, May 1, 2009
Go Nowhere

Looking at the chart, it looked promising on Monday with the decline and lower close. But as we have become accustom too its never over til the bell rings and man this week has I have to say been one for the bulls and bears. They both have managed to give the market absolutely no edge at all. The high short pegged for this week working off the 882 ES spike is still in play as we once again wait for some volume to pick up on the sell side. As of now they are right in the middle of the range and its a coin toss.
Best thing to do now is to get away from the charts, relax, enjoy the weekend and come back fresh for Mondays trading. Cheers and thanks for dropping by.
Thursday, April 30, 2009
Cover Day Trading Size on Es short 870 + 12
There holding us up a bit as they wind down the end of month. I'm taking some profits on the 882 short. Holding a swing position from 882 going forward as there are a number of confirmations of a pullback coming.
Wednesday, April 29, 2009
Ahh just a few points on ES + 2 @ 868
Man they are just salivating at the mouth to get long at any level these bulls.
Tuesday, April 28, 2009
Two points of profit
There was a nice drop in pre market for up to 20 points on the Globex from last nights 858 short. Also there was a nice retrace from 858 again today at the 1st hour high for up to 7 points. Going forward we may be in for choppy low volume trading as we have just started a two day Fed meeting with the usual announcement Wednesday at 2ET.
Monday, April 27, 2009
Im Sticking with it
Sunday, April 26, 2009
Favourable Decline
We have a nice decline on the globex as I type this in the wee hours of the morning. Low on the globex as I type is 846.75 . Kind of makes you wonder what the hell all the buying was right up in to the last few minutes of trading Friday. For what ???....a 20 point drop Sunday night. I been a seller of this rally the whole way up and have been taking profits on nice pullbacks all the way down. For Monday I feel no different! |Sell EM on any bounce.
Friday, April 24, 2009
Covered some ES @ 858 +10
What a volatile day... where they just whip this thing around! Crazy! Still swing short from our 871 as posted , but took a little as we collapsed in final few candles of trading.
Thursday, April 23, 2009
Covering ES day trade up to +10
We had opportunities of up to 10 points profits on this day trade. Usually on all the internals that I seen today, this market would be down 250, but they rescue it again. Nothing you can do just hit the pivots and hope for the best.
Shorted the 843 .for day trade
Just adding a little more size into this swing, as we all hold for the collapse. Problem is Amazon and MSFT after the bell. Ah its always something.
Wednesday, April 22, 2009
Cover @ end of day 836 + 17
Covering up day trading size Still holding short swing from 871 top....need to see how appl and ebay report after the bell.
Tuesday, April 21, 2009
Monday, April 20, 2009
Nice start!

Beautiful sell finally has our short position started last week nicely in the green. Today the market finally decided to pull the plug for the time being on this "everyday up " movement and Wow what a move! The entry at the 858 and final top up at 871 worked well. Looks good going forward. Sell rallies from here. Nice 5% from the 871 high print to today's 829 low.
Nailed the high on ES @ 871
I will be swinging this position going forward. The market has been in a very bullish grind into Option Expiry last week. Pullbacks of 3% to 5% were the norm in the old days when these post-option expiration's were regular events.That is what minimally I'm looking for on this pullback.
Friday, April 17, 2009
Thursday, April 16, 2009
Wednesday, April 15, 2009
Sitting Tight
Sorry gang I've been really quite for past 2 days but the volume and set ups has me sidelined til better set ups develop. I believe patience in this environment will keep us from getting chopped up in a whipsaw market. We'll get em soon!
Tuesday, April 14, 2009
Quick scalps til better volume
This is all we can do at this point til we get better volume. There is some sort of underlining bid as GS is pinned to the 123 financing price and also the waiting game on INTEL earnings after the bell today. I personally have been short from 847 since Thursday and its been an absolute dead trade. So quick scalps til we get a better set up.
Monday, April 13, 2009
Volume light ahead of GS earnings tuesday
Extremely light volume as the market floats up. Tomorrow will be a better day as we stand aside today.
Thursday, April 9, 2009
Wednesday, April 8, 2009
Tuesday, April 7, 2009
Cover some ES on Day Trade @ 811+ 10
Gap fill area is very close at the projected 810 area and GS as always is still holding up. Tomorrow possible Uptick news coming and AA earnings, has me short lightly now from 847 swing and taking profits intra day as they become available.
Monday, April 6, 2009
ES Short @ 847 Area starting to work
FAZ working
Taking some Profits on ES short + 22.50
I am going to take some off the table as Rim and Appl strength has me a little conservative on expecting a collapse on market today..
Sunday, April 5, 2009
Short ES 847.50
Took a light short Sunday night here on the ES. We are so close to a big reversal lower. Upside looks limited to me.
Friday, April 3, 2009
Light Volume Stalls Market
The light volume and strength of GS all day had the market look good in the morning for downside but was rescued in the afternoon. I 'm flat now on the ES going forward but started a small position on the short financial FAZ @ 15.75.
Thursday, April 2, 2009
Holding ES Short here for swing into next week
I believe we are close to a nice pullback before long positions are able to be put on again. The market is up huge for the week and at this time anyone buying looks to be chasing performance or covering shorts. Downside looks good for tomorrow.
Wednesday, April 1, 2009
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