1 August 2005 (Monday)

Session Start: Mon Aug 01 09:01:04 2005
Session Ident: #t1
[09:29:01] <guy> 1 minute to open
[09:42:00] <guy> VAH perfect support for long in ER2 so far
[09:43:06] <guy> Red line is VAH in ER2:
[09:43:21] <signal>
[09:45:32] <mikee> gm
[09:48:43] <guy> gm mikee
[09:48:56] <mikee> hello guy
[09:49:05] <mikee> es 1241.25 is .382
[09:49:11] <mikee> next up: 42.5 and 44
[09:54:41] <guy> thanks mikee
[09:55:12] <guy> apologies for slow response - trying to juggle a number of things here
[09:57:33] <mikee> [08:53] <mikee> 1st turn point 9:30-10, 10:30 on 60min
[09:57:35] <mikee> [08:53] <mikee> so within 9:30-10:30
[09:58:55] <mikee> starting from 07/18 es=1224 holding TL (60min)
[09:59:34] <mikee> so until it breaks, it's bullish
[10:00:45] <mikee> 1236.5 was 50% (1248.25-1224)
[10:02:21] <mikee> 1238.5 is conf. down
[10:03:17] <mikee> i have 2TL's above 1243.25-1244
[10:12:15] <guy> rebooting - bbiab
[10:41:00] <mikee> so turn time point is in place now
[10:43:46] <mikee> i have down into close possible today, but shall see
[10:45:06] <mikee> 60min es coming to tl (tested for 14 times)
[10:46:49] <guy> ER2 has taken a dive from IBH straight into RE below IBL
[10:50:40] <mikee> test tl
[10:51:03] <mikee> it'll break this time
[11:01:51] <fspeculator> any trades?
[11:16:30] <mikee> es tl broke
[11:16:53] <mikee> 1st time since 7/18
[11:22:51] <mikee> es may bounce to 38.75
[11:23:30] <guy> thanks mikee
[11:23:37] <guy> i'm struggling with internet here
[11:23:54] <guy> am I correct in saying that today's HOD is same as friday is same as high of year?
[11:23:58] <guy> for ER2
[11:24:01] <mikee> er 684.7 is .5 retr.
[11:24:38] <mikee> yes guy
[11:24:56] <guy> thanks
[11:25:28] <guy> Innerworth: Reaching Your Trading Goals
[11:28:15] <mikee> i have er upside target=689.0
[11:28:58] <guy> thx
[11:37:34] <fspeculator> isn't funnymentally ER going to get sold off?
[11:37:39] <fspeculator> (due to bonds)
[11:38:23] <fspeculator> at least that's the theory
[12:14:41] <fspeculator> guy are you around?
[12:14:54] <fspeculator> did anyone spend time @ omniscient's thread @ ET?
[12:15:53] <fspeculator> (he's trading ER with MP)
[12:24:54] <guy> hi fspeculator
[12:25:04] <guy> yes - i check in there every now and then
[12:25:16] <fspeculator> is he posting trades?
[12:25:20] <guy> but haven't picked up anything
[12:25:26] <guy> can't remember...
[12:25:32] <fspeculator> lollllllll
[12:26:10] <fspeculator> he seems such a organised fellow
[12:26:33] <fspeculator> writing long posts, but i couldn';t find any trades
[12:27:08] <guy> personally i like sucienct unambiguous trading strategies
[12:27:27] <fspeculator> well, he's using JP's method
[12:27:28] <guy> even if they don't work - they may lead to ideas that will work
[14:30:01] <guy> Oil Futures closed
[15:00:01] <guy> Bond Pit closed (electronic Bond open until 16:00 ET)
Session Close: Mon Aug 01 15:23:45 2005