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
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