Full Fill Long

Filled today - Currently sitting long with a full position in the mid/low 1080's.

*edit* Took out some of today's entry at 1103 for +14 on the entry. Still long with an average down in the 1080's (Sept.) and a couple of Dec. 1055's.

Currently....

Long a couple of Sept. 1071 (small) and Dec. 1055 (also a couple). Currently bidding 1085 to 1089 for a 3rd and possible final pullback before we head to 1170+. Stops are through 1072.

Offering 1112

Going to take the week off... so I need to lighten up.

Let's see if I can get out up here at 1112.

*edit* crappy - missed this by a tick. Took 3 out in the mid teens - +45 points.

Took 1091

+25

Took some more off here at mild resistance. Letting the rest ride... trail up the stops.

Took some off at 1078

+15 points.

This is to pay for the risk. Still long mid 1060's.

FYI - still holding small Dec. 1055 long.

Trendline Holding

Loooks like this trendline is still resitive.

I imagine a move either way will be pronounced and will continue for some time; going through either shaded region should set up an intermediate trend.

Currently long mid 1060's - but not going to let this get too far.

Covered the other half

from 1091 - + 15

Now long 1075 in Sept. and 1055 in Dec.

-

*edit* added - average price 1070 in Sept.

*edit* added in with size in the 1062/3 region. Average price is 1064/5

Path of least resistance...

... is UP? Seems this trendline is putting up a good fight. Time will tell.

-

So, I'll probably cover the other half of my 1091 short from last week on the first sign of weakness today.

I am still long ES Dec. 10 at 1055.

Covering half for +32

... of this mornings 1091 short.

This is the breakout point from last week - 1059.25 and a nice intraday double bottom.

I'm also taking an equivalent long in the Dec. contract at 1055 as a bit of a hedge in here. Not sure of where we go with today's weakness but I wanted to lock in this short.

Covered the other half @1091 +73 points.

From 1018.

Looks like resistance around 1094 to 1096... Starting a small short in the low
1090's. Risk is defined.

Short Euro / Long USD

Tight Stops

*EDIT* stopped ... quickly.

I may re-enter this at some point...

Links

http://www.zerohedge.com/article/sprott-wither-green-shoots

http://www.zerohedge.com/article/entire-market-rally-engineered-stock-volume-fumes

http://arxiv.org/PS_cache/arxiv/pdf/1006/1006.5490v1.pdf

http://www.zerohedge.com/article/weekly-chartology-14

The 'Burbs

Covered half - 1062

Chart tells me to take some profits... +44points.

Long ES 1018-1020

Bounce probable