Covered 25% of F position at 10.59

+7.58%
The stock rose   6% just today
Remains 25%  position

Covered 50% of F at 10.38

+5.54% on this batch

Covered 25% more of ES position at 1227

+74 handles on this batch.

Covered 25% DX position at 78.4

Dollar Index

DX back below 79.3 area and backtesting... an interesting spot.
We are keeping our position http://elescolazo.blogspot.com/2011/11/shorted-dx-at-7937.html since stop loss was never touched.

GL

Covered 25% more at 1193.5

+ 40.5 pts on this batch

25% off at 1170.5

Nice and quick +17.5 pts

Bot ES @ 1153

My letter to Santa is already sent

Is yours too??

:)

GL to all

long F at 9.85

In addition to Dollar future trade 

shorted DX AT 79.37

Long ES 1166.25 - updated

I covered at 1165 after seeing just a very weak reaction.
Waiting for lower prices or a surprise  :)


  12:50 EST   Long again at 1166 .
  2: 23             covered at 1163.25

Con vos en esta Diego!!

Un gran abrazo desde este humilde lugar para el mas grande de todos los tiempos, ahora en este momento difícil.
http://www.clarin.com/sociedad/Murio-Dona-Tota-mama-Maradona_0_593940884.html

Fuerza Diego!!!

Jingle bells, jingle bells....

muahahha

Covered ES longs for tiny profit

not convinced about bottom yet...

Covered CSCO AT 18.27

Dic 19 puts were sold at 1.09
originally bot at 0.60

Thanks to the Options Trader  from las Pampas  for his priceless help

Bad Luck thing solved now :) 

Changing hats

OPened some long positions at ES 1211to play a "high potential " bounce :)

Covered 25% CSCO position at 18.59

I am using Dec 19  puts for this trade 

Covered ES at 1247

Hedged with ES AT 1242

 Even if this is a partial coverage, it is advisable until it breaks down, if it ever happens :(

GL

Como me gusta!!!!

Not trading related. ( even if most things in my life are trading related one way or the other).
But here it goes. I do love this tune....

Shorted CSCO around 19.18

Bye bye

Dirty rally, we all know how it ends ...

if you shorted today near highs, do manage some

 

 

 

Get ready to take defensive positions

 

Be nimble AND defensive

 

TODAY's action in a nutshell

Past and expected action

Who was telling the truth?

Was POMO trade telling the truth?
Was yesterday politicians agreement telling the truth?
Was "buy the corrective rally" strategy telling the truth?

answer NO.

Were charts telling the truth? 
 Let's see:


1. Before

1. Now

2. Before


2.Now

Is ST bottom in?
I dont think so but it is near. Of course we have "what if "  scenario (orange arrows).


Enjoy

Bounce coming - Updated

edit 14:02 EST . 1232 feels ok for a VST long, tho is not advisable for unexperienced traders.

Covered SPY 100 Nov 11 125 puts at 2.24

Juicy short uh ?

Covered ES position at 1245

+ 3 pts

Opened 25% long Es at 1243 to hedge partially puts position

Strong bull? - updated

Politicians BS is really strong these days, not sure if market is....

BOT SPY NOV 11 125 puts at 1.00

covered for small profits

no point in holding during RH

Shorted ES 1266.75 50%

Too much noise

I covered shorts as of Friday cash close ( I dont hold over WE). And reshorted in AH just to see this "miracle" bounce again. I dont know why they are making every dip so easy to buy but it is unnatural action in my view. I 'd better be flat and wait until  a more natural price action returns.

This holly help for bulls cannot last forever :)

Desde el corazon para los Charros de Salamanca

En la vela de espadas este pequeño homenaje a los que con enorme valor visten "de purísima y oro" antes de salir al ruedo.

Toro: full respect

Toreros: even more.




NO PASARÁN!!!!!


Si alguna vez tenes que decidir a qué ciudad de España ir, y si tuviras que elegir una sola, no la pensés más : ni Madrid ni Barcelona. Salamanca es tu novia. Eso dicen los que saben que la belleza que atrae no es la que enamora.



Espero que sigas muy bien ciudad hermosa y noble. Igual que a  los buenos amigos te digo:  nos vemos pronto, siempre.



Abrazo Salmantino.

25% off at 1236

 

in addition to an early morning position management .

 

 

GL

 

Long time

Long time no see so many sucker bulls patting their own back after a green day ( +1.88%) as they had no risk in front of them or as if they had conquered new all time highs. It is true the tape conceded no breather to bears (  I can attest it) but this is the type of sentiment-setup I prefer for Big "surprises".
Price wise there is a nice possibility of gap down tomorrow, even in that case marginal highs would be what is needed to complete a ST top which is scheduled for tomorrow IMO. I am keeping shorts here ( avg 1248.25 ES)  and planning to manage them overnight if the mad cow gives me a chance to.

GL to all but believe me bulls cannot afford to relax.

NYSE is the only healthy one while AMEX shows alarming signs:

I will cover some by the closing

Yes , under water here

Added 50% at 1250

Short ES 1246.5 50%

update

They stopped me for well, even before I was able to add 50% remaining. However, one can presume it was an AH reversal in anticipation of EU bid rates announcement which in addition to lack of solid bottom formation makes me think the bull’s case is very weak. Waiting for the right moment to re short. 

 GL to all 

shorted ES 1242 50%

 

 

 

Say hello to our new flat-mate :)

We better get used to this kind of neighbors

flat at 1221 , taking too long

Covered most upto 1227.5 ES

I will cover if we dont make new HOD real soon

Long at ES1214 area -updated

Take partial profits along the way. We just did it at 1226

Covered 25% remaining at 1231

+ 52pts

May re short later