backmonth's profile picture. Private Investor

Dec Connolly

@backmonth

Private Investor

Flat in terms of the ES having been knocked out of a long thnks to the Chinese. $ES_f


Tough couple of days trading. I am cutting back my equity exposure and taking a look at fixed income in select parts for the Longterm port.


Watching 1274 in cash for the S&P 500. Failure again argues for a move to bottom of range. Also could see 1207 as well. $SPX


Flipped my long to the short side. Looking for some downside pressure. At the same time, 30 min has breakout feel to it. $ES_f


Fascinating mkt today. Big sellers early. Seem to have tempered their assault into the pm. I am holding long. $ES_f


According to my models, this is the most overbought market of the past 5 years. Perhaps means caution should be thought about. $SPX


Flipped to the short side on the ramp up early morning. Holding short at the moment. Working additional sell stops below in the SPs. $ES_f


Looking to go short tomorrow but long over night in the futs. $ES_f


Divided on my outlook for the mkts. On one hand I see a clear range breakout on the weekly. I also see 1274 forming resistance as well. $SPX


I have been quiet of late as I am basically taking Dec off to recuperate. Had a good year. Why push it in the most unpredictable months.


http://yfrog.com/h2y7tvj


I am a seller into rallies in gold under this 1400 level. Conversely, crude looks good. $WTIC


In looking at the monthly of the $SPX tonight, it looks like a major breakout is in the works. Weekly extended though.


Stopped out of my bond short o/n. Now flat. $ZB_f


Closed my long in the minis on the close. Now flat. Still holding bonds short. Stop tightened up though. $ES_f $ZB_f


Back on the long side of the minis from 117450. $ED_f


Stopped out of my long in the minis. Big sell stops out there. $ES_f


Added a short of the bond from around 128. $ZB_f


Flipped my short from friday to the long side at 1182. Wild ride overnight in the minis! $ES_f


Heck of a close in the minis. Flipped longs on failure near the close. Short stopps tripped right after the close. Now holding short. $ES_f


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