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#FuturesTrades October 15th Monday 2007 Trade Log

Russell 2000 Emini ER2 Futures

Today	Month	Year
+34.00	+171.30	+2841.80
$3,400	$17,130	$284,180

Profitable Trade

1041am - 1048am est

Losing Trade

1215pm - 1228pm est

click on image to view actual size

Current Performance Record

Key Trades of the Day (see chat log below)

Profit/Loss Statement

General Strategy Info: The above profit/loss info represents trades by M.A. Perry (a.k.a. NihabaAshi) only and all trades were posted in realtime as shown in the below chat log.

Although I'm not familiar with the trade methods used by most members of #FuturesTrades, I use a rule based (no subjectivity) methodology that involves WRB Analysis.

In fact, many of my trades or profit targets will occur within key WRB support/resistance zones because these price areas gives me a better understanding of key changes in supply demand.

Traditional pivot point analysis or traditional s/r levels are inadequate in understanding changes in supply/demand of the Russell 2000 Emini ER2 or any other trading instrument of today's markets in comparison to WRB Analysis.

WRB Analysis is also a key aspect in my use of intermarket analysis (ex. Oil and Gold), market seasonal tendencies, volatility analysis and custom Japanese Candlestick patterns to complete my trading plan that results in consistent profits.

Further, position size management is a key aspect of my trading and I trade any where between 1 to 9 contracts per trade depending upon the volatility, pattern signal, seasonal tendencies or intuition.

All of my trades and commentary for today's market action (posted below) are via the user name NihabaAshi (Japanese Candlestick term) and I exclusively trade the Russell 2000 Emini ER2 futures even though I closely monitor other key markets so that I'll have a better understanding of ER2 price action.

With that said, today's trade posting chat log is below and it contains all my trades that were posted in realtime along with the trades of other members of #FuturesTrades.

Further, if you want the instructions for gaining access to our free #FuturesTrades chat room...click here.

#FuturesTrades purpose, benefits and access info for day traders, swing traders and position traders...click here.

Session Start: Mon Oct 15 09:26:46 2007Session Ident: #FuturesTrades

* Now talking in #FuturesTrades 09:26

<X> [NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm

<NihabaAshi> Good morning all 09:27

<Nesi> hi N

<PapaJon> gm all 09:28

gm Niha

<Dmi76> gm all 09:29

<werner> gm niha,wiz ,all

<ripsboy> gm all... 09:31

<Brutus> can anyone log into MB trading?

<Pepe> Hi brutus 09:32

I use MBT too

<Brutus> hi

<bandr> long 45.00

<Pepe> a can not log

:(((((((

:(((

shit broker

<bandr> stop 44.00

<Dmi76> mb technically is not good 09:33

<jperl> cannot log in here either 09:34

<Pepe> I still can not log :(

<NihabaAshi> Shorts ER2 @ 846.00 -> medium size 09:35

<eminitrader> Long ES @ 1574

Long ES @ 1572 -> Add 09:37

soory thats wrong

Long ES @ 1573 -> Add

<szubaark> Shorts ES @ 1572.25 «« paper »» 09:38

<Brutus> Long ER2 @ 844.5 «« paper »» 09:39

<NihabaAshi> Covered all ER2 Short @ 844.50 --> + 1.5

Trading Edge:
Strategies
If your an independent trader looking for an edge to help you traverse around obstacles to profitable trading...a method that's well defined, gives you a better understanding of the markets, applicable for day trading, position trading, swing trading, market seasonal tendencies, position size management, intermarket analysis with a money back guaranteed policy...click here.

Trading Strategies ->   Strategies used by NihabaAshi, from entry to exit, exploit inefficiencies in the price action for profits of the following trading instruments via WRB Analysis and Intermarket Analysis: Emini Index Futures (EMD, ER2, ES, NQ, YM), EuroFX Futures (EC), Eurex Index Derivatives (DAX, ESTX50), Euronext Index Futures (FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Energy Futures (CL, NG, HO, QM), COMEX Metals Futures (GC), Forex Currencies (EurUsd, EurYen, UsdCdn), Exchange Traded Funds (DIA, GLD, OIH, IWM, QQQQ, SPY, XLE) and Hang Seng Index Futures (HSI)

<eminitrader> Long ES @ 1572 -> Add

holding 7 now...will add 1571 and hold 10 long with avg 1572.50 for new highs 09:40

<Brutus> Exited ER2 Long @ 845 --> + 0.5 «« paper »» 09:41

<bandr> add 45.00

<eminitrader> if it hits 73-74 before 71 then will exit partial

<szubaark> 71 is my Target on my Short 09:42

<eminitrader> Exited 1/3 ES Long @ 1573 --> + 1

<Nesi> SHORT ER 844.20 09:43

late post

<bandr> all out - 1 on 2

<eminitrader> Long ES @ 1571.50 -> Add 09:44

<NihabaAshi> Shorts ER2 @ 842.80 -> small size 09:45

<szubaark> Covered 1/2 Short ES at 1571 --> + 1.25 «« paper »»

exit stop moved to breakeven ES @ 1572.25 «« paper »»

<bandr> long 42.50

stop 41.50

<Brutus> mb ok 09:46

<eminitrader> Long ES @ 1570 -> Add 09:47

now holding 10 1vg 1572

<bandr> out - 1

<Bambam-77> looking for 68.25

<NihabaAshi> Covered 2/3 ER2 Short @ 841.60 --> + 1.2

<Nesi> cover from 844.20 at 842.10 09:48

<bandr> long 42.00

41.00 stop

<NihabaAshi> Covered Remainder ER2 Short @ 842.70 --> + 0.1 09:49

<pat255> vn guys ...

starting late ...

<szubaark> hi pat 09:50

<Brutus> 10/15/2007 09:48 DJ OIL FUTURES: Nymex Crude Makes New High Above $85 On Turkey, Supply

<Bambam-77> lets see if a dbl btm can find some up legs 09:51

<Nesi> short ER 841.30

<Bambam-77> 43.20 posible er trgt 09:52

mm trgt hit 09:55

protecting ss

mm= murray math

<Nesi> holding my ER 09:57

FDAX quote now 8076.5

correct? 09:58

<Brutus> 8013

<bandr> add 42.00

add 42.00

test

oops 09:59

<Brutus> quote meybe dax index

<Nesi> feels to me ER magnet 840

<bandr> only 1 add

<Nesi> and more drilling..imo

<bandr> all out -1

done

<Nesi> good stop

<szubaark> Covered all Short ES at 1568.75 --> + 3.5 «« paper »»

<Nesi> vn

<eminitrader> very nice szu

<szubaark> thx 10:00

<Nesi> here comes the hammer to drill 840 10:01

risky guess on my part , market vulnerable today

<pat255> but u are on the right track .. 10:02

<les> Shorts ER2 @ 840.1 «« paper »» 10:03

<Bambam-77> rtrc to 41 area posible looking for add ss 10:04

stp 42 for swing ss

es could hit 65.75 as pos trgt 10:06

<eminitrader> Long ES @ 1567.50 -> Add

<Bambam-77> lower jerry 120 period

<eminitrader> avg 1569.75 10:07

holding 20

<Nesi> ER..imo... ready to drill 839

<NihabaAshi> Dark Hammer Line on 5min ER2

<szubaark> Buys ES @ 1575.75 «« paper »»

wrong.. 10:08

Buys ES @ 1567.75 «« paper »»

<Bambam-77> scalpg long for pos trgt 41.20

42 still ss stp

t1 hit 41 10:10

<les> Covered all ER2 Short @ 841 --> - 0.9 «« paper »»

<Brutus> ym still looks weak 10:11

<les> Long ER2 @ 840.7 «« paper »» 10:15

<Bambam-77> long stp is 39.50

<Brutus> Long ER2 @ 840.7 «« paper »»

<Bambam-77> ss stp 42

<NihabaAshi> ER2 volatility declining

<szubaark> Exited 1/2 Long ES at 1568.25 --> + 0.5 «« paper »»

<pdays> Long ER2 @ 840.3

<szubaark> exit stop moved to breakeven ES @ 1567.75 «« paper »» 10:16

<Bambam-77> you can only trade er long and ss if you have 2 separate accounts

<les> Long ER2 @ 841.5 -> Add «« paper »»

<Brutus> Exited 1/2 ER2 Long @ 841.7 --> + 1 «« paper »»

<Bambam-77> flat ss long traing is 810.10 area 10:17

840.10

<Brutus> Exited all ER2 Long @ 841.7 --> + 1 «« paper »» 10:18

Shorts ER2 @ 842.6 «« paper »» 10:21

<les> Exited 1/2 ER2 Long @ 842.7 --> + 1.2 «« paper »»

<jperl> done for this morning....trades here.... 10:22

http://charts.dacharts.com/2007-10-15/JP ERL_012.jpg

<szubaark> nice jperl

<jperl> yes....ok but would have preferred short entries rather than longs 10:23

<Brutus> Covered 1/2 ER2 Short @ 842.3 --> + 0.3 «« paper »» 10:24

Covered all ER2 Short @ 842.2 --> + 0.4 «« paper »» 10:25

<les> Exited Remainder ER2 Long @ 842 --> + 1.3 «« paper »» 10:27

<Brutus> welcome back JP have a good holiday? 10:28

<jperl> yes....3 wks in CHINA....great trip....highly recommend

<Brutus> yes one day 10:29

<pat255> where did u go in china?

<jperl> Beijing, Shanghia, Chonqing, Xian, Guilan, Hong Kong

<szubaark> Exited all Long ES at 1567.75 --> 0 «« paper »» 10:30

<jperl> Also travelled 4 days up the Yangtze

<pat255> vn ...

<les> Long ER2 @ 841.1 «« paper »» 10:31

<jperl> 14 hour plane ride from Chicago...non stop

<pat255> mama mia i dont like that .. 10:32

<jperl> me neither...but it is the only way to get there

<pat255> hmmm ask scotty to beam u ..:)

<Brutus> Long ER2 @ 840.4 «« paper »» 10:33

<les> Long ER2 @ 840.6 -> Add «« paper »»

<Brutus> Exited 1/2 ER2 Long @ 840.9 --> + 0.5 «« paper »»

<jperl> still recovering from the 12 hour jet lag

<pat255> y i know ..not easy tales a couple o fdays .. 10:35

<Brutus> exit stop set ER2 @ 840.2 «« paper »»

Exited ER2 Long @ 840.2 --> - 0.2 «« paper »» 10:36

<pdays> Exited all ER2 Long @ 840.7 --> + 0.4 10:37

<eminitrader> Exited all ES Long @ 1567 --> - 7.5 10:39

<szubaark> Shorts ES @ 1567.25 «« paper »»

<Brutus> g66d b64nce n6w 10:40

no fill on my long

<NihabaAshi> Shorts ER2 @ 840.50 -> small size 10:41

trying something new

<les> Exited ER2 Long @ 839.9 --> - 1.2 «« paper »» 10:42

Reverse and Enter Short ER2 @ 839.9 «« paper »»

<Brutus> Long ER2 @ 839.6 «« paper »»

Exited ER2 Long @ 839.2 --> - 0.4 «« paper »» 10:43

<szubaark> Covered 1/2 Short ES at 1566 --> + 1.25 «« paper »»

exit stop moved to breakeven ES @ 1567.25 «« paper »»

<NihabaAshi> Covered 2/3 ER2 Short @ 838.80 --> + 1.7

<szubaark> Looks like Test of Friday's lows on ES 10:44

<les> Covered 1/2 ER2 Short @ 837.8 --> + 2.8 «« paper »» 10:45

<szubaark> nice reversal les

<les> :) thx

<eminitrader> Long ES @ 1565.75 10:46

<intowin> back for a few 10:47

here is my premarket entry for those that were not in yet

[08:31] <intowin> short ES @ 1575.25

[08:31] <intowin> out today till later..

Covered 1/2 ES Short @ 1565.50 --> + 9.75

<eminitrader> excellent itw :))

<intowin> thanks 10:48

<NihabaAshi> Covered ER2 Short @ 838.20 --> + 2.3

Reverse and Enter Long ER2 @ 838.20

Exited ER2 Long @ 838.40 --> + 0.2 10:52

Just realized I saw something that really wasn't there to prompt the position reversal.

Dumped it before things got worst in the price action.

On that note of a entry error...I'm taking a break from trading. 10:53

Will be back later after lunch.

* NihabaAshi is now known as NihabaAshi_away

<szubaark> Covered all Short ES at 1564.75 --> + 2.5 «« paper »» 10:54

<eminitrader> nice szu 10:55

<szubaark> thanks

<les> the whole bunch looking much weaker now

<Bambam-77> looking for 835.20 pos trgt

<les> wtg szu

<szubaark> Friday low test to the tick 10:56

<Bambam-77> 1563.50 is my trgt es looking for long 10:57

<intowin> doubt 1560 will hold today but that is where I will cover the rest

<eminitrader> Exited all ES Long @ 1563.75 --> - 2

<Bambam-77> if we cont lower that is trgt area 60 10:58

scalps are long for now

<les> exit stop lowered ER2 @ 837.2 «« paper »» 10:59

<ItalianSharp_away> lots of fake long signals today...gonna be very conservative on longs for the remainder of the day

* ItalianSharp_away is now known as ItalianSharp

<ItalianSharp> we have bush speaking at 1.30pm

<X> #FuturesTrades Info -> Chat room for traders and intermarket analysis of Emini Futures (EMD, ER2, ES, NQ, YM), EuroFX Futures (EC), Eurex Derivatives (DAX, ESTX50), Euronext Futures (FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM) and Exchange Traded Funds (DIA, GLD, IWM, OIH, XLE, QQQQ, SPY) 11:01

<intowin> Covered all ES Short @ 1560.50 --> + 14.75 11:07

<pat255> vn in

<szubaark> Nice intowin

<les> vn intowin

<Tim_a1> vn, it

<intowin> thanks

<ItalianSharp> wow, they are shaking it real good now 11:08

amazing selling

<les> exit stop lowered ER2 @ 835.9 «« paper »» 11:09

<intowin> 60 should be short term support unless this day is going to get ugly

<les> Covered Remainder ER2 Short @ 835.9 --> + 4 «« paper »» 11:14

<intowin> this could get ugly 11:22

<Brutus> -1200 t5c2

tick

<les> Shorts ER2 @ 833.8 «« paper »»

<Brutus> Long ER2 @ 833.6 «« paper »» 11:26

exit stop set ER2 @ 833.2 «« paper »»

Exited ER2 Long @ 843.6 --> + 10 «« paper »» 11:27

Exited ER2 Long @ 834.6 --> + 1 «« paper »»

Shorts ER2 @ 835.2 «« paper »» 11:28

<intowin> I think I will call it quits here. Dont want to be long or short now.. still slight short bias however..

Cu guys Tommorow

<Brutus> Covered ER2 Short @ 835.2 --> 0 «« paper »» 11:29

* intowin is now known as intowin_away

<NihabaAshi_away> Long ER2 @ 835.60 -> large size 11:30

* NihabaAshi_away is now known as NihabaAshi

<les> Covered all ER2 Short @ 833.3 --> + 0.5 «« paper »»

<Brutus> Shorts ER2 @ 835.9 «« paper »»

* les is now known as lesAway

<Brutus> Covered ER2 Short @ 835.9 --> 0 «« paper »»

* sep34 is now known as sep34_away 11:33

<Brutus> dax -71 -0.9 % 11:43

<NihabaAshi> Exited 1/3 ER2 Long @ 837.00 --> + 1.4 11:44

<Tim_a1> ym's 2 week chart is pretty schizo 11:47

<NihabaAshi> ER2 volatility dropping fast and with price retracing.

That's not good :( 11:48

Exited Remainder ER2 Long @ 835.90 --> + 0.3 11:49

:(

No biggie...I'll get more tries with some size at setups like that. 11:50

Dark Hammer Line 3min ER2 chart 11:51

Long ER2 @ 836.10 -> small size 11:54

2 only

volatility dropping fast 11:55

I'm expecting a volatiliyt spike here soon.

Hopefully upwards and not downwards.

<lesAway> Long ER2 @ 836.5 «« paper »»

* lesAway is now known as les

* codehead_afk is now known as codehead 11:58

<NihabaAshi> Exited all ER2 Long @ 837.50 --> + 1.4 11:59

<les> Long ER2 @ 837.4 -> Add «« paper »»

<pat255> vn N ... 12:12

<szubaark> yup nice Counter-Trend trading. 12:13

<NihabaAshi> Long ER2 @ 838.10 -> small size 12:15

1 only

<pat255> k guys later ty all 12:18

back to office ..

<NihabaAshi> Long ER2 @ 835.80 -> Add 12:24

<szubaark> Shorts ES @ 1560 «« paper »» 12:25

Being aggressive here.. 12:26

<NihabaAshi> Exited all ER2 Long @ 835.20 --> - 3.5 12:28

<szubaark> Niha your initial Long was@838.10? 12:30

<NihabaAshi> Yes

<szubaark> Covered 1/2 Short ES at 1558.50 --> + 1.5 «« paper »»

exit stop moved to breakeven ES @ 1560 «« paper »»

ES 5min has one of those "Dark Hammer Lines" 12:35

Expecting good support at the lower shadow... 12:37

Covered all Short ES at 1560 --> 0 «« paper »» 12:39

* szubaark is now known as szubaark_away 12:41

<les> Exited all ER2 Long @ 834.6 --> - 4.7 «« paper »» 12:42

:((

<szubaark_away> yup..Longs not working today

<les> Shorts ER2 @ 834.1 «« paper »»

v tr4ue 12:43

back later 12:44

* les is now known as lesAway

<NihabaAshi> weak support here

<szubaark_away> too bad i got shaken out on my remainder :(.. not gonna chase here 12:45

<NihabaAshi> Shorts ER2 @ 832.30 -> small size 12:48

* sep34_away is now known as sep34 12:52

<Tim_a> giant volume spike 12:53

<lesAway> Covered all ER2 Short @ 831.1 --> + 3 «« paper »» 12:54

<Brutus> http://custom.marketwatch.com/custom/tda meritrade-com/html-story.asp?guid={4a66f 812-d8d9-4761-ac38-d9de78cc37cb}

<lesAway> Shorts ER2 @ 831.4 «« paper »» 12:55

<NihabaAshi> :( 12:56

Covered Remainder ER2 Short @ 831.90 --> + 0.4 12:57

<Tim_a> dow daily macd went neg today after being pos since aug 22 12:58

<NihabaAshi> Long ER2 @ 831.70 -> large size 12:59

<Brutus> yes niha strange price action at this level from a very bearish breakout 13:00

<NihabaAshi> Exited all ER2 Long @ 831.40 --> - 0.3 13:03

<Brutus> Long ER2 @ 831.1 «« paper »»

Exited ER2 Long @ 830.4 --> - 0.7 «« paper »» 13:05

<ItalianSharp> guess they arent done selling

<NihabaAshi> That's a lot of downside pressure right now and a Dark Hammer Line has formed. 13:06

<Brutus> Long ER2 @ 831 «« paper »» 13:07

<X> #FuturesTrades Info -> Chat room for traders and intermarket analysis of Emini Futures (EMD, ER2, ES, NQ, YM), EuroFX Futures (EC), Eurex Derivatives (DAX, ESTX50), Euronext Futures (FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM) and Exchange Traded Funds (DIA, GLD, IWM, OIH, XLE, QQQQ, SPY)

<Nesi> buy ER 831 13:08

<NihabaAshi> Long ER2 @ 830.70 -> large size

<Brutus> only tring this as somthing seems bullish

trying

but dont know what it is ??? 13:09

<Nesi> feels like fast spike coming..imho

<lesAway> Covered Remainder ER2 Short @ 831 --> + 0.4 «« paper »»

done for 2day

<Brutus> or is a creeper down trand

* lesAway is now known as les

<NihabaAshi> A lot of probing going on by Longs and Shorts at this level.

DAX seems to be the lazy market since 1:30pm est :) 13:11

Meant since 112:30pm :)

nevermind...I'm trying to type 1130pm est

<Nesi> feels like power up coming here.. just a risky feel 13:12

<Brutus> just thinking you can have a creeper up trend but you cant have a creeper down trend

Exited ER2 Long @ 830.3 --> - 0.7 «« paper »» 13:13

<Nesi> here it comes

feels like 2 points to 833 area...bounce..IMHO

<Brutus> :( 13:14

<Nesi> dunno... Brutus.. i am 90% intuition player

<Brutus> interesting Nesi, real or sim? do you have any stats on your trades wins/ Loss/ BE 13:15

<Nesi> real, brutus 13:16

and i would love to have a website like Niha ..showing the statements

<Brutus> any stats or average points/day Nesi?

<Nesi> i barely can type with this carpal tunnel syndrome, but i will get better and build a site

i dont go for a daily goal...brutus 13:17

<Tim_a> have you looked into the chiro, nesi?

<Nesi> what is chiro?

oh

got it

<Tim_a> chirpracter for carpel tunnel

<Nesi> i am going to the hospital tonight

and doctor on the 24th 13:18

ER behaving

<Tim_a> if it's not too late, give it a try

<NihabaAshi> Exited 2/3 ER2 Long @ 831.80 --> + 1.1

<Nesi> its late..Tim

<ItalianSharp> well done niha...good patience there

<Tim_a> solved mine completely, and mine was so bad i couldnt sleep

<Nesi> my wife is typing this.. hi, i am Carla ;)

833 834 area and i am a happy camper 13:19

<NihabaAshi> I had no choice to dump most because I am carrying "to much risk" with that size with a pending Pres. Bush speech in about 10 minutes.

Simply, the clock was ticking against my trade and I felt the pressure. 13:20

<ItalianSharp> yep...smart decision to dump most of it

<Brutus> was that on intermaket analysis Niha?

<NihabaAshi> Exited ER2 Long @ 833.00 --> + 2.3 13:21

Holding 1 contract remainder

WRB Analysis

Learn More

<ItalianSharp> now you can seat back and enjoy it...:)

<NihabaAshi> I've reached my profit target for the day. 13:23

Thus, my trade management now requires me to reduce my overall position size for the remainder of the trading day.

Simply, 1 - 2 contracts for the remainder of the day for me. 13:24

I"m officially in profit protection mode.

exit stop raised ER2 @ 830.80 13:25

Be back later.

If that trailing stop is hit before I return...I'll post a late trade result when I get back. 13:26

* NihabaAshi is now known as NihabaAshi_away

<Brutus> 833 834 good call Nesi 13:38

* NihabaAshi_away is now known as NihabaAshi 13:52

<NihabaAshi> punks

Trailing Stop Hit ER2 @ 830.80 --> + 0.1

<Guest35179> long 831.9 13:53

out 832.5 +.6 13:54

<NihabaAshi> Long ER2 @ 832.40 -> small size 13:56

2 only

Exited all ER2 Long @ 832.60 --> + 0.2 14:03

:(

<Tim_a> never frown on a + exit

<NihabaAshi> Tough trade to manage. 14:04

<Guest35179> short 830 14:08

<ItalianSharp> is bush speaking or has he initiate his speech at all?

<Guest35179> out 829.3 +.7 14:11

<NihabaAshi> Long ER2 @ 830.00 -> small size 14:13

1 only

Exited ER2 Long @ 832.10 --> + 2.1 14:19

<codehead> crude surging to new high into close 14:28

<Guest35179> short 833.2 14:30

out 832.5 +.7 14:31

<Brutus> 10/15/2007 14:31 *DJ OIL FUTURES: Nymex Crude Ends Up $2.47 At Record $86.16/Bbl 14:35

<Guest35179> short 832 14:38

out 832.5 -.5 14:40

<jperl> I think I have had enough for today.....trades here.... 14:43

http://charts.dacharts.com/2007-10-15/JP ERL_013.jpg

<Tim_a> . 14:59

<Guest35179> short 833.1 15:08

out 832.4 +.7 15:09

<X> #FuturesTrades Info -> Chat room for traders and intermarket analysis of Emini Futures (EMD, ER2, ES, NQ, YM), EuroFX Futures (EC), Eurex Derivatives (DAX, ESTX50), Euronext Futures (FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM) and Exchange Traded Funds (DIA, GLD, IWM, OIH, XLE, QQQQ, SPY) 15:10

<Guest35179> long 830.2 15:18

out 831.5 +1.3 15:20

short 830.5 15:21

<Brutus> 10/15/2007 15:15 *DJ Greenspan:Rising China Stock Mkts Not Sustainable For Very Long 15:22

10/15/2007 15:16 *DJ Greenspan: See Effect Of Credit Crunch In Current Quarter

<Guest35179> out 829.7 +.8

short 829.5 15:25

out 829.2 +.3

short 829 15:27

out 828.6 +.4

no more posting, too fast 15:28

for my style that is, scalping

<intowin_away> I think overnight will hold some more weakness. Going to take a short here with a 1562 stop 15:52

short ES @ 1557.50

* sep34 is now known as sep34_away 15:53

<Tim_a> nasty megaphone pattern on es

<NihabaAshi> Long ER2 @ 833.30 -> small size 15:57

1 only

Exited ER2 Long @ 834.40 --> + 1.1 16:00

<Brutus> ============ U.S. MARKETS ACTION =========== 16:04

DJIA down 111.21 points to 13975.05

NASDAQ up 28.25 points to 2777.43

S&P 500 up 12.88 points to 1548.92

10-year T-note up 2/32 at 100 19/32 yield 4.672

NYMEX Spot Crude down $2.44 at $86.13/bbl at close

Dollar/Euro up 0.0027 at 1.4200

<NihabaAshi> Oil (NYMEX and Exchange Traded Funds) kicked some butt today...impressive price action. 16:20

<eminitrader> hi guys...hope u did good.. 16:21

had a losing day myself ...

but limited the losses to minor

<intowin_away> +14 here : ) on one trade

<eminitrader> well a losing day ...is a losing day...:))

see u all tomorow.. 16:22

good job itw :))

<NihabaAshi> However, the Oil ETF's made most of their gains via a GAP to the upside at the open.

<werner> gn all 16:24

<NihabaAshi> Good night all.Session Close: Mon Oct 15 16:49:47 2007 16:49

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