9/2

Short @ 1302 @ 9:54, my stop is 1304 above the passive selling in the 1303's, the 1305 area is resistance also, my target is the 1290's. Open interest decreased on friday by 2220 contracts on light volume. OUT at 1300 @ 10:00, passive buying came in in the 1299's and we have a green delta volume bar on a red doji close in price. Gain 160 pts. The XLF is not making higher highs as price is also. Short @ 1301 @10:11, more passive selling is coming in at teh 1302'my stop is 1304, same as last time. my target is the H period high from friday@ 1291-1290 area. UPDATE @ 10:41, I AM MOVING MY STOP DOWN TO 1298, LOTS OF SELLING DELTAS ARE OCCURING AND THE XLF IS LEADING THE WAY, TRYING TO BE PATIENT. UPDATE @ 10:46, MOVING MY STOP DOWN TO 1295, OUT @ 1292 @ 10:48, GAIN 720 PTS, YES!! THAT WAS A NICE MOVE OFF OF RESISTANCE AT THE 1303'S, EVERYTHNG IS WEAK. LOOKING TO REENTER A BIT HIGHER, WE MIGHT FILL THE GAP IN THE 1281 AREA. SHORT @ 1294.25 @ 11:04, MY STOP IS 1297, THERE IS PASSIVE SELLING IN THE 94.75 AREA, AND THIS IS WHERE A BLOCK OF SUPPLY FROM FRIDAY SENT UP LOWER ALSO, MY TARGET IS FRIDAYS CLOSE IN THE LOW 1281'S. I AM NOW TRADING 84 CONTRACTS ACCORDING TO MY MONEY MANAGEMENT PROTOCOLS, MY GOAL OF 100 LOTS IS APPROACHING. OUT @ reverse at 1293.50 @ 11:26, the tick is getting stronger, passive buying is coming in at the 1292's and selling volume is drying up and the XLF is making higher highs as price consolidates, my stop on the long is 1292, my gain on the short is 63 pts, my target is the volume cluster at 1300 in the A and B period that sent us lower today.OUT @ 1296 @ 11:37, PASSIVE SELLING IS COMING IN AT THE 1296.25 LINE, AND VOLUME IS DRYING UP ON THE GREEN VOLULME DELTAS. GAIN 210 PTS. SHORT @ 1296.25 @ 11:39, MY STOP IS 1298.25, MY TARGET IS THE D PERIOD LOW IN THE 1291'S. UPDATE @ 12:00,MOVING MY STOP DOWN TO 1295, OUT @ 1293.25, WE ARE GOING NOWHERE FAST, THE XLF IS NOT MOVING AND PASSIVE BUYING IS COMING IN AT THE 1292.75-1293-1293.25'S, GAIN 252 PTS. I AM NOW TRADING 88 LOTS ACCORDING TO MY MONEY MANAGEMENT PROTOCOLS. THE TICK IS WEAKING, SHORT @ 1292.75, @ 12:07, MY STOP IS 1295, MY TARGET IS NEW LOWS SOMEWHERE. tHE XLF IS STARTING TO LOOK A LITTLE WEAKER ALSO. UPDATE @ 12:35, WE ARE BREAKING, MOVING MY STOP DOWN TO 1292, MY TARGET IS THE MID 1280'S, UPDATE @ 12:29, MOVING MY STOP DOWN TO 1289, UPDATE @ 12:32, MOVING MY STOP DOWN TO 1287, OUT @ 1286.50 @ 12:36, GAIN 550 PTS. I AM TAKING A BREAK!! LONG @ 1286 @12:51,MY STOP IS 1284, MY TARGET IS 1288.50 OUT @ 1286.25 @ 1:02, PASSIVE SELLING CAME IN AT 1286-1287, GAIN 22 PTS. LONG @ 1286.50 @ 1:11,MY STOP IS 1284.50, MY TARGET IS 1291, AFTER I GOT OUT OF MY ORIGINAL 86 LONG THE TICK STARTED TO MAKE HIGHER LOWS WITH GOOD GREEN VOLUME DELTAS. TAKING A SCALP, OUT @ 1287.50 @ 1:13, GAIN 88 PTS YES!!!!, OVER 2000 PTS!! I AM DONE FOR THE DAY, GOING TO THE BEACH!! GOOD TRADING TO YOU!!

TOTAL GAIN FOR THE DAY 2065 PTS

9/3

LONG @ 1275.50 @ 9:32 ,MY STOP IS 1271.50, THE 75'S HAVE BEEN SUPPORT FOR A WHILE NOW. OPEN INTEREST DID INCREAS ON MODERATE VOLUME YESTERDAY BY 28452 CONTRACTS. THE TICK AND THE XLF HAVE OPENED A BIT WEAK. STOPPED OUT LOSS 352 PTS, LONG @ 1272 @ 9:41 MY STOP IS 1271. MAN, MY STOP WAS MISSED PLACED ON THE FIRST TRADE, SHOULD HAVE BEEN A POINT OR TWO AT THE MOST, PROBABILTY WAS THAT WE WERE GOING TO TEST THE LOW EVEN IF IT ISNT A CONTINUATION OF THE TREND DOWN. UPDATE @ 9:55, I AM MOVING MY STOP UP TO 1274@ 9:56 OUT @ 1276.50 @ 9:58, WE DOJI'D AT THE 2ND SD ATM. WILL REENTER LOWER, GAIN 396 PTS. LONG @ 1277 @ 10:00, PASSIVE BUYING CAME IN AT 1276 RIGHT AFTER I GOT OUT, MY STOP IS 1275, MY TARGET IS 1284'S THE G PERIOD LOW FROM YESTERDAYS PROFILE. OUT @ 1278.50 @ 10:06, PASSIVE SELLING CAME IN IN THE 1279'S, ON THE RETEST IT WAS LESS IN THE 1279'S. GAIN 132 PTS, WILL REENTER LOWER, LONG @ 1275 @ 10:14, MY STOP IS 1273.25, THE TICK IS GETTING STRONGER AND CLOSED GREEN OFF OF THE 2ND SD BTM NICE REVERSAL BAR IN THE VOLUME DELTA AT 10:15, OUT @ 10:18 @ 1275.50, PASSIVE SELLING IS COMING IN AT THE 75-76 LINE, GAIN 44 PTS, I AM NOW TRADING 92 LOTS ACCORDING TO MY MONEY MANAGEMENT PROTOCOLS. LONG @ 1273.50 @ 10:20,MY STOP IS 1272, PASSIVE BUYING IS COMING IN AT THE 1273'S AND SELLING VOLUME DELTAS ARE DECREASING AND THE XLF IS NOT MAKING LOWER LOWS OVER THE LAST MINUTES. OUT @ 1276 @ 10:28, THE TICK BOUNCED OFF OF THE 2ND SD ATM WITH PASSIVE SELLING COMING IN AT THE 1277 LINE. GAIN 230 PTS, LONG @ 1276.75 @ 10:31, PASSIVE BUYING CAME IN AT THE 76'S AND THE SELLING VOLUME DELTAS WERE NOT IMPRESSIVE, ACTUALLY THEY ARE DECREASING, MY STOP IS 1275, WE ARE BUILDING HIGHER TICK VALUE LOWS, LOOKS LIKE A BALANCING DAY, THE RANGE MAYBE BETWEEN THE MID 80'S TO 1270? UPDATE @ 10:43, MOVING MY STOP UP TO 1279, OUT @ 1280.25, @ 10:44, PASSIVE SELLING COMING IN AT TTHE 1280'S, WILL LOOK FOR A LOWER REENTERY, GAIN 322 PTS, SHORT @ 1278.75 @ 10:47, MY STOP IS 1281, PASSIVE SELLING IS WHY I GOT OUT, SHOULD HAVE REVERSED IN THE 80'S , OH WELL, WITH A BALANCING DAY RETRACEMENTS ARE GOOD, MY TARGET IS THE VOLUME CLUSTER FROM A AND B PERIOD IN THE 1275'S, OUT @ 1276.75 @ 10:51, PASSIVE BUYING IS COMING IN AT TEH TOP OF THE CLUSTER WE TALKED ABOUT AND VOLUME DELTAS ARE TURNING GREEN AGIAN AS IS THE XLF, GAIN 184 PTS. LONG @ 1274.75 @ 11:01, MY STOP IS 1273, THE TICK BOUNCED OFF OF THE 2ND SD BTM AND PRICE DOJI'D AGIAN AS DID THE XLF.MY TARGET IS TEH 1279 AREA. UPDATE @ 11:07, MOVING MY STOP UP TO 1277 @ 11:08, STOPPED OUT GAIN 207 PTS, I AM NOW TRADING 96 LOTS. SHORT @ 1275 @ 11:14, MY STOP IS 1277 , OUT @ 1273 @ 11:17. WHAT A FAST DAY, DAMN!! GAIN 192 PTS, WHAT A WILD DAY, I AM TAKING A BREAK! LONG @ 1272 @ 11:23 MY STOP IS BELOW THE A PERIOD LOW @ 1270.50, PASSIVE BUYING IS COMING IN DOWN HERE. STOPPED OUT LOSS 144 PTS, THINGS ARE REVERSING, WWE ARE BREAKING DOWN FROM SUPPORT, SHORT @ 1269.75 @ 11:37, MY STOP IS 1272, MY TARGET IS THE 1263 AREA, THE XLF IS BREAKING DOWN AS IS THE TICK BELOW THE 75 SUPPORT, THE TICK IS MAKING LOWER LOWS. THE 1263 IS A LOW VOLUME POINT ON THE 30 DAY OVERLAY OUT @ 1268 @ 11:43, SELLING VOLUME IS DRYING UP, WILL REENTER, GAIN 168 PTS, SHORT @ 1268.50 @ 11:57, MY STOP IS 1270 THE TICK HIT THE 2ND SD ATM WITH BUT JUST A POINT IN PRICE AFTER A GOOD FIGHT IN THE 68'S, MY TARGET IS THE 1263'S, WE HAVE SOME PASSIVE BUYING COMING IN AT THE 66'S THAT HAVE STALLED US, THE XLF DID MAKE A GOOD PUSH DOWN ON THE LAST 5 MIN BAR THOUGH, THE TICK IS MAKING HIGHER LOWS THOUGH AT THE 2ND SD BTM, THAT IS CONCERNING, OUT @ 1267.25 @ 12:01, GAIN 120 PTS, SHORT @ 1266.25 @ 12:02, I THINK WE ARE STILL GOING LOWER EVENTHOUGH TEH TICK IS MAKING HIGHER LOWS, MY STOP IS 1268, THE XLF IS LEADING THE WAY AGIAN, MY TARGET IS THE 1263'S STILL, THIS IS A RISKY TRADE, MY TRADE LOCATION ISNT THE BEST, ABOUT TO GET STOPPED OUT, REVERSIING @ 1267.75, NOW LONG @ 1267.75, MY STOP IS 1265, LOSS ON THE SHORT 144 PTS, SELLING VOLUME AT THE LOWS HERE IS DRYING UP, THE TICK IS MAKING HIGHER LOWS, AND THE XLF DOJI'D, WE ARE AT THE 2ND SD ATM ON THE TICK, LETS SEE IF THIS BRINGS IN ANY SHORT COVERING. THE F PERIOD ONLY TOOK THE E PERIOD LOW OUT BY 2 TICKS, MY TARGET IS THE 1271-1273 AREA OUT @ 1267.75 @ 12:31, BREAK EVEN, THE XLF DOJI'D AND GREEN VOLUME DELTAS DIDNT MOVE US UP MUCH, I WOULD LIKE TO REENTER LOWER, LONG @ 1266.50 @ 12:33, MY STOP IS 126, THE TICK IS STILL NOT BREAKING THE ZERO LINE WITHOUT CLOSING AVBOVE IT. VOLUME IS CONSIDERABLY LESS ON THE RESTEST OF THE 66'S ALSO. OUT FOR A SCALP @ 1267.50 @ 12:51, GAIN 96PTS, WILL REENTER, LONG @ 1266.50 @ 1:03, MY STOP IS 1265, LOTS OF PASSIVE BUYIN IN THE 1265.75-1267 AREA, AND THE TICK HAS BEEN KEEPING LOWS HIGH THAN THE 2ND SD BTM. IF THIS KEEPS UP WE COULD HAVE SOME GOOD SHORT COVERING, THE XLF IS HOLDING ITS OWN ALSO. OUT @ 1268.50 @ 1:08, LOOKING TO REENTER LOWER, SOME PASSIVE SELLING IS COMING IN AT THE 68-69'S, GAIN 192 PTS, LONG @ 1268.75,@ 1:12, NOT MUCH OF A RETRACEMENT, MY STOP IS 1267, ALL I NEED IS 4 MORE POINTS TO REACH MY GOAL OF ATTAINING 100 LOT STATUS IN MY TRADING, $1,000,000 IN EQUITY BEFORE TAXES~~~COME ON BABY!!! OUT @ 1269.75 FOR A SCALP AT 1:20, GAIN 96 PTS, 3 MORE POINTS NEEDED! LONG @ 1270, @ 1:21, RIGHT BACK IN, MY STOP IS 1268 IT LOOKS LIKE WE ARE GOING TO TEST THE 1273'S THAT WILL PUT ME AT MY TARGET~~COME ON, COME ON~~PLEASE DONT FAIL ME NOW!! COME ON COME ON COME ON, UPDATE @ 1:59, MOVING MY STOP UP TO 1271 STOPPED OUT GAIN 96 PTS, DIDNT REACH MY TARGET YET!! LONG @ 1270.50 @ 2:03, MY STOP IS 1268, YES, OUT @ 1271.75 GAIN 120 PTS, I REACHED MY GOAL OF 100 LOTS!!!! THATS IT FOR ME TODAY, GOOD TRADING TO YOU!!!

TOTAL GAIN FOR THE DAY 1955 PTS

9/4

OPEN INTEREST DID INCREASE ON MODERATE VOLUME YESTERDAY BY 8480 CONTRACTS. WITH NO CONTINUATION YESRTERDAY PAST THE SUPPORT LEVEL OF 1260-1263, I WOULDNT BE SURPRISED TO SEE A CONTINUATION OF A BALANCING TYPE OF PATTERN, UNLESS WE TAKE OUT THE 1260-1263 AREA. CONSIDERING THAT WE ARE TRADING THE 66'S AT 9:09, I WOULD THINK THAT THIS AREA MIGHT BE SUPPORT DOWN TO THE 60-63'S, MIGHT BE A GOOD LONG LOCATION NEAR THE OPEN~Long @ 1264 @ 9:31, my stop is 1262, my target is around 1272. that is near the POC from yesterday, passive selling came in in the 65's, so we may want to test under the 1260-63 area, that is one reason for a close stop, oh, we are breaking up as i type, good~~UPDATE @ 9:39, MOVING MY STOP UP TO 1263, OUT @ 1266.75 @ 9:42, A LOT OF PASSIVE SELLING UP HERE, I AM TAKING MY POINTS AS I CAN ONLY WORK HALF A DAY TODAY, AND I WANT TO START GREEN! GAIN 275 PTS,LONG @ 1264 @ 9:50, MY STOP IS 1262, THE XLF IS DIVERGING AND IT LOOKS LIKE WE MIGHT HAVE TAKEN SOME STOPS OUT BELOW THE 1263 LINE. MOVING MY STOP UP TO 1263 @ 9:58 OUT @ 1264.50 @ 9:59, THE XLF IS REVERSING AND THE TICK IS WEAK AND VOLUME DELTAS ARE WEAK, GAIN 50 PTS, LONG @ 1264 ARIAN @ 10:04, MY STOP IS 1263, OUT @ 1266.50 @ 10:05, PASSIVE SELLING AGIAN IN THE 66'S, GAIN 250 PTS, LONG @ 1267 @ 10:12, MY STOP IS 1265.25, STOPPED OUT LOSS 175 PTS, LONG @ 1265.75 @ 10:19, MY STOP IS 1264.50, MY TARGET IS THE 1273'S DAMN STOPPED OUT LOSS 125 PTS, LONG @ 1263.75 @ 10:23, MY STOP IS 1263, MY TARGET IS STILL YESTEREDAYS CLOSE, OUT @ 1264.25, PASSIVE SELLING CAME IN AT 64.75, GAIN 50 PTS. THE MARKET IS CHOPPY~~LONG AGIAN @ 1264.25 @ 10:28, MY STOP IS 1262.25, DAMN STOPPED OUT AGIAN, LOSS 200 PTS, SHORT @ 1259.75 @ 10:32, WE AE BREAKING DOWN, MY STOP IS 1262, OUT @ 1257 @ 10:34 GAIN 275 PTS, I WILL REENTER HIGHER, SHORT @ 1257.75 @ 10:36,MY STOP IS 1259, PASSIVE SELLING CAME IN IN THE 57.75-58.25 LINES, MY TARGET IS THE 1249-1251 AREA, THAT IS THE GAP AREA FROM 8/4. OUT @ 1255 @ 10:39, PASSIVE BUYING IS COMING IN, WILL REENTER HIGHER, GAIN 275 PTS, SHORT @ 1255.25 @10:41, MY STOP IS 1256.75, PASSIVE SELLING CAME IN AT THE 1256 LINE,MY TARGET IS THE SAME 1249-1251, OUT @ 1253.75, PASSIVE BUYING CAME IN AT THE 53'S, GAIN 150 PTS, SHORT @ 1254 @ 10:49,MY STOP IS 1255.75, OUT @ 1252.50 @ 10:49, GAIN 150 PTS, THIS IS THE GAP AREA SHOULD BE SUPPORT, LONG @ 1253 @ 10:53, MY STOP IS 1252, OUT @ 1254.50 @ 11:01, THE XLF IS TURNING, GAIN 150 PTS, SHORT @ 1251 @ 11:22,MY STOP IS 1253 PASSIVE SELLING CAME IS ON A RETRACEMENT IN TEH 1252'S, OUT @ 1249 @ 11:24, GAIN 200 PTS, LONG @ 1249 @ 11:25, MY STOP IS 1247, THE 47 AREA SHOULD BE SUPPORT IF YOU LOOK AT THE VOLUME CUSTER FROM 7/29 SITTING IN THAT AREA. OUT @ 1252 @ 11:53, GAIN 300 PTS, I AM TAKING A BREAK! .SHORT @ 1251.25 @ 12:56, MY STOP IS 1254, THE TICK DOJI'D AT THE 2ND SD ATM. OUT @ 1250.25 FOR A SCALP, GAIN 100 PTS,GOOD TRADING TO YOU! WHAT A DAY!

TOTAL GAIN FOR THE DAY 1725 PTS

9/5

OPEN INTEREST DID INCREASE ON MODERATE VOLUME YESTERDAY BY 27170 CONTRACTS, THAT MAKES OVER THE LAST FEW DAYS AN SIGNIFICANT INCREASE OF OPEN INTEREST FUELING THE SELLOFF, HAVING SAID THAT DOWN NEAR SUPPORT, I WOULD BE LOOKING FOR LONG OPPORTUINITES IF THE 1200 HOLDS, AS THE MARKET MAY BE TO SHORT, LONG @ 1229 @ 9:32, MY STOP IS 1227, MY TARGET IS THE 1236 AREA, YESTERDAYS CLOSE, STOPPED OUT LOSS 200 PTS, RIGHT TO THE TICK DAMN, LONG @ 1228 @ 9:37, MY STOP IS 1226.50,THE XLF IS TRYING TO SHOW SOME GREEN, THERE IS NOT A LOT OF SELLING PRESSURE AS MEASURED BY MY VOLUME DELTA BARS YET. WE MAY HAVE TO TEST LOWER THOUGH~~BETTER SUPPORT FROM THE 7/16 PROFILE COMES IN AT THE HIGH 1217-1220 AREA. THERE IS A VOLUME CLUSTER IN THE A AND B PERIOD THAT SENT US UP HIGHER FROM THERE. PASSIVE BUYING CAME IN A TICK ABOVE OUR STOP, YES!! IN THE 1227'S AND 1226.75 QUITE A BIT, 2299,3206,1604,3257,1868 RESPECTIVLY. MOVING MY STOP UP TO 1229 @ 9:45, MOVING MY STOP UP TO 1230 @ 9:49, TEHE XLF IS RALLYING AND THE TICK IS NEUTRAL. OUT @ 1231.50 @ 9:51, WILL REENTER LOWER, TEH TICK JUST DOJI'D AND VOLULME DELTAS ARE DECREASING IN BUYING PRESSURE. GAIN 350 PTS,LONG @ 1230 @ 9:55, MY STOP IS 1228, MY TARGET IS THE 1234'S, WE COULDNT GET DOWN TO THE CLUSTER AT THE 1227'S WITHOUT THE TICK MAKING HIGHER LOWS. SELLING DELTAS ARE NOT THERE EITHER. STOPPED OUT LOSS 200 PTS, STOPPED OUT RIGHT TO THE TICK AGIAN, LONG @ 1228.50 @ 9:59, MY STOP IS 1226.50, THIS TIME THE STOP IS BELOW THE VOLUME CLUSTER SINCE I HAVE A BETTER ENTRY. DAMN, STOPPED OUT GAIN LOSS 200 PTS, LONG @ 1226.75 @ 10:02, MY STOP IS 1226, WE TOOK THE A PERIOD LOW OUT BY A COUPLE OF TICKS, I SHOULD HAVE KNOWN THAT, DAMN, DAMN, A NICE REVERSED SIGNAL THAT I IGNORED WHEN I GOT OUT OF MY FIRST WINNING TRADE TOO, DAMN, POOR EXECUTION ON THE OPEN, GOTTA CLAW MY WAY BACK NOW~~OUT @ 1230.50 @ 10:05, GAIN 400 PTS, PASSIVE SELLING CAME IN AT THE 1231 LINE ON THE RETEST. THE 27'S WOULD BE A NICE REETNRY LONG,TRADING THE 27'S SELLING VOLUME IS PICKING UP THOUGH~~THE TICK IS MAKING A LOWER LOW~~LOOK AT THE VOLUME AT PRICE CHART BOOK TO THE 7/16 PROFILE, WEA RE TESTING A VOLUME CLUSTER INTHE 24'S NOW, LONG @ 1224.75 @ 10:12, WE ARE RIGHT IN THE MIDDLE OF THE CLUSTER WE JUST SPOKE ABOUT. MY STOP IS 1223 OUT @ 1225.50, PASSIVE SELLING IN THE 25'S DAMN, GAIN 75 PTS, I CAN SEE WHAT KIND OF DAY THIS IS GOING TO BE! LOL, LONG @ 1224.50 @ 10:19, MY STOP IS 1223, GREEN VOLULME DELTAS COMING IN, THE XLF IS RALLYING, STOPPED OUT LOSS 150 PTS, LONG @ 1223 @ 10:28, MY STOP IS 1222 ANOTHER SHOT AT THE LONG, THE TICK IS MAKING HIGHER LOWS, UNTIL THE LOW IS SORTED OUT, GOTTA BE QUICK TO TAKE PROFFITS, OUT @ 1224 @ 10:30. GAIN 100 PTS, LONG @ 1223 @ 10:31, MY STOP IS BELOW THE B PERIOD LOW @ 1221.50, OUT @ 1223.25,PASSIVE SELLING IN THE 1224 LINE, GAIN 25 PTS, LONG @ 1222.50 @ 10:35, WE JUST TOOK OUT THE LOW BY A COUPLE OF TICS, MY STOP IS 1221, THE XLF IS FINALLY MOVING, THE 21'S ARE RIGHT AT THE LOW OF THAT VOLULME CLUSTER THAT I SPOKE ABOUT FROM 7/16, OUT @ 1225, PASSIVE SELLING AGAIN IN THE 25-26'S, GAIN 250 PTS, LONG @ 1224.50 @ 10:43, LOOKING FOR A RUN TO THE TOP OF TODAYS RANGE, MY STOP IS 1222, DAMN I AM GETTING STOPPED OUT TO THE TIC, LOSS 250 PTS, LONG @ 1222 @ 10:49, MY STOP IS 1221, THE TICK JUST HIT THE 2ND SD BTM AND CLOSED 400 PTS HIER, DAM STOPPED OUT AGIN, THIS IS REDICULAS, LOSS 100 PTS, LONG @ 1221.50 @ 10:54, MY STOP IS BELOW THE GLOBEX LOW AT 1219.50TO THE TICK AGIAN?? WTF, LOSS 200 PTS, I NOW THINK WE ARE GOING TO TEST THE 1211 AREA FROM 7/15, DAMN, LONG@ 1219 @ 11:00, MY STOP IS 1218, I THINK WE ARE GOING LOWER, BUT PASSIVE BUYING CAME IN AT THE 1218'S, 1222 IS MY TARGET, OUT @ 1219.50 @ REVERSE,DAMN 3337 SITTING AT 1220, GAIN ON THE LONG 50 PTS, NOW SHORT AT 1219.50 MY STOP IS 1220.50 THE XLF IS MAKING LOWER LOWS AND THE TICK IS WEAK. OUT @ 1218.50 @ 11:04, GAIN 100 PTS, PASSIVE BUYING IN AT THE 17'S, THIS IS CHOPPY. LONG @ 1219 @ 11:05, MY STOP IS 1218, THE XLF AND PRICE DOJI'D AGIAN, MY TARGET IS THE 1224 AREA, THE 1222'S MIGHT BE RESISTANCE ALSO OUT @ 1220 @ 11:10, AGIAN PSSIVE SELLING IN THE 20-21'S, GAIN 100 PTS, LONG @ 1218 @ 11:15, MY STOP IS 1216.50,STOPPED OUT TO THE TICK AGIAN AMAZING. LOSS 150 PTS, LONG @ 1217.25 @ 11:21, MY STOP IS 1216, (1700 ROUND TURNS TRADED AND ALL I HAVE IS ZERO, AMAZING). FINALLY, I GOT TO SETTLE DOWN HERE, MOVING MY STOP UP TO 1221 @ 11:27, MOVING MY STOP UP TO 1222 @ 11:37, MOVING MY STOP UP TO 1223 @ 11:40, MOVING MY STOP UP TO 1224 @ 11:48, MOVING MY STOP UP TO 1225 @ 11:50, MOVING MY STOP UP TO 1227 @ 11:52, UP TO 1228.50 @ 11:53,MOVING MY STOP UP TO 1230 @ 11:56, THE TICK IS STONG AS IS THE XLF, WE ARE TESTING THE VOLUME CLUSTER FORM THE A AND B PERIOD IN THE 31-32'S, IF WE BREAK UP FROM THERE, WE COULD GET SOME SHORT COVERING, STOPPED OUT, GAIN 1275 PTS, YES!! LONG @ 1229.75 @ 12:00, MY STOP IS 1228.25, EXPECTING SOME SHORT COVERING SOON OVER THE DAYS HIGH, STOPPED OUT LOSS 150 PTS, I SHOULD HAVE KNOWN IT WAS TO EARLY FOR SHORT COVERING, NICE SELL AT RESISTANCE FOR THOSE THAT TOOK IT. LONG @ 1227.50 @ 12:24, MY STOP IS 1226, MY TARGET IS THE 1230-1331 AREA, WE HAVE A LITTLE CONSOLIDATION LINE HERE INTEH 27'S, AND THE TICK IS AGIAN MAKING HIGHER LOWS AS IS THE XLF, MOVING MY STOP UP TO 1232 @ 12:32, STOPPED OUT GAIN 450 PTS, SHORT @ 1233 @ 12:37, MY STOP IS 1235,MY TARGET IS THE MID 1228 AREA, I THINK THEY WILL TRADE THIS UPPER VOLUME CLUSTER BETWEEN TEH 34-28'S BEFORE A BREAK OUT HIGHER, I WILL GO WITH THE BREAK OUT THOUGH IF I AM SHORT AT THE TIME. I THINK IT IS TO EARLY TO SHORT COVER.MOVING MY STOP DOWN TO 1232.75 @ 12:44, OUT @ 1231.50 @ 12:45, ALMOST GOT STOPPED OUT, TAKING A SCALP, GAIN 150 PTS, SHORT @ 1233.25 @ 12:48, MY STOP IS 1235, WATCHING THE XLF AND READY TO BUY THE BREAKOUT~~ OUT @ 1231.50 @ 12:58, PASSIVE BUYING CAME IN AROUND THE SAME SPOT ON THE LAST TIME DOWN TO THE 30'S AT 31.25 AND 31, GAIN 175 PTS, STANDING BY, VOLUME IS DRYING UP. SHORT @ 1231.50 @ 1:03, MY STOP IS 1234, THIS IS A BIT RISKY, BUT WE HAVE A LOT OF PASSIVE SELLING UP HERE, I THINK WE CAN TEST THE F PERIOD LOW IN THE HIGH 1220'S (1226-1228), PASSIVE BUYING COMING IN AT THE 30'S, RVERSING @ 1232.75 @ 1:06, LOSS ON THE SHORT, 125 PTS, NOW LONG AT 1232.75, MY STOP IS 1230. MOVING MY STOP UP TO 1232 @ 1:16, OUT @ 1235.50 @ 1:17 GAIN 275 PTS, THIS IS NOT SHORT COVERING YET, WILL REENTER LOWER, SHORT @ 1234.50 @ 1:21, MY STOP IS 1236.25, MY TARGET IS 1230, SINCE WE DIDNT GET ANY SHORT COVERING I THINK WE CAN TEST THE G AND H PERIOD LOW AROUND 1230, OUT @ 1234 @ 1:31, PASSIVE BUYING IS COMING IN AT THE 1233'S, GAIN 50 PTS, MAYBE WE GRIND UP TO THE 45'S BEFORE SHORT COVERING KICKS IN, THAT IS THE L PERIOD HIGH FORM YESTERDAY WHERE THE MARKET SOLD OFF FROM, THE XLF IS MAKING HIGHER HIGHS, LONG @ 1235 @ 1:33, MY STOP IS 1233, DAMN STOPPED OUT RIGHT TO THE TICK, LOSS 200 PTS, 3554 CAME IN AT THE ASK @ 1336 PASSIVE SELLING AND I DIDNT REVERSE, DAMN~~ LONG @ 1231.75 @ 1:39, MY STOP IS 1230, OUT @ 1232.50 @ 1:47, GAIN 75 PTS, WE HIT THE 34'S AND REVERSE ON THE TICK AND THE XLF? LONG @ 1232 @ 1:52, WE TESTED THE 31'S PASSIVE BUYING CAME IN AT 31.25, MY STOP IS 1230.50, THE TICK IS MAKING HIGHER LOWS ALSO. OUT @ 1233.50 @ 2:01, GAIN 150 PTS, PASSIVE SELLING CAME IN AT THE 34'S, STANDING BY, LONG @ 1232.75 @ 2:07, MY STOP IS 1230.50, PASSIVE BUYING IS ACCUMULATIN IN TEH 31'S, THAT MIGHT BE ENOUGH SUPPORT TO SEND US UP TO THE HIGHS, THE TICK IS MAKING HIGHER LOWS ALSO, VOLUME IS LIGHT THOUGH. OUT @ 1234.75 THE XLF IS NOT LEADING YET, GAIN 200 PTS, THE TICK ALSO DOJI'D AT THE 2ND SD ATM, STILL LOOKING FOR HIGHER HIGHS THOUGH, LONG @ 1235.50 @ 2:19, MY STOP IS 1233, THE XLF IS STARTING TO PICK UP AND THE TICK IS RALLYING, MOVING MY STOP UP TO 1235 @ 2:21, OUT @ 1237 @ 2:23, THE XLF DIDNT MAKE NEW HIGHS, STANDING BY GAIN 150 PTS, LONG @ 1236 @ 2:28, MY STOP IS 1235, THE TICK IS STILL MAKING HIGHER LOWS, ANT THE XLF ISMAKING HIGHER HIGHS, PASSIVE BUYING CAME IN AT THE 1235'S ALSO, MY TARGET IS 1245'S UNLESS WE GET SHORT COVERING INTO THE CLOSE, THEN WATCH OUT BABY, WE NEED TO GET TO THE 45'S BEFORE THAT HAPPENS THOUGH~~OUT @ 1238 @ 2:38, GAIN 200 PTS, PASSIVE SELLING IN THE 38'S AND THE TICK JUST HIT 1000 ON THE SD ATM, TO MUCH, WILL REENTR LOWER, LONG @ 1236.75 @ 2:44, MY STOP IS 1235. 4568 CONTRACTS CAME IN ONTHE BID AT 1236 AND THE TICK IS STILL MAKING HIGHER LOWS, WE NEED THE XLF TO MAKE HIGHER HIGHS NOW, GREEN VOLUME DELTAS ARE INCREASING ALSO, MOVING MY STOP UP TO 1236 @ 2:48, PASSIVE SELLING IS COMING IN AT TEHE HIGH, BUT MAY NOT BE ENOUGH TO HOLD US BACK, THE TICK IS JUST TO STRONG, THE XLF IS TEH LAGGARD. OUT @ 1239 @ 2:52, PASSIVE SELLING AGIAN AT THE HIGH, 3242 @ 1239.50 GAIN 225 PTS, LONG @ 1239.50 @ 2:55, MY STOP IS 1237.50, THE XLF IS FINALLY MAKING HIGHER HIGHS, MOVING MY STOP UP TO 1240 @ 2:59, STOPPED OUT GAIN 100 PTS, WAS HOPING FOR CONTINUATION, WILL REENTER LOWER IF ALL IS WELL,LONG @ 1239.75 @ 3:05, MY STOP IS 1238, THE TICK JUST HIT THE 2ND SD BTM AND SOME PASSIVE BUYING IS COMING IN AT THE 39'S,MY STOP IS A BIT CLOSE, IF WE HIT IT, COULD TRADE DOWN TO THE K PERIOD LOW AT 1236, STOPPED OUT LOSS 100 PTS, LONG @ 1238.50 @ 3:08, MY STOP IS 1235.50, I THINK THIS IS FAKE BEFORE WE TAKE OUT THE HIGHS, PASSIVE BUYING COMING IN AT THE 38'S, THIS MARKET IS NOT GOING ANYWHERE FAST AT 3:28, I DONT KNOW WHAT TO THINK ABOUT THAT, MAYBE THE NEXT 30 MINUTES WE TAKE OUT THE HIGH UP TO THE LOW 1250'S?, IF NOT WE COULD CLOSE AT THE POC DOWN NEAR 1231, MOVING MY STOP UP TO 1237 @ 3:38, THE HELL WITH IT, OUT @ 1240 @ 3:42 THAT MAKES A NEW RECORD AND A NICE EVEN NUMBER, GAIN 150 PTS, GOOD TRADING TO YOU, THATS IT FOR ME, MAYBE, LOL! LONG @ 1241 @ 3:44, MY STOP IS 1239,MOVING MY STOP TO 1240 @ 3:45, THE TICK AND THE XLF REVERSED, BUT VOLUME IS LIGHT, OUT @ 1242 @ 3:46, GAIN 100 PTS, WE HAVE A DOUBLE TOP OF K AND M PEIROD THAT LOOKS STONG, , BUT THE XLF IS MAKING NEW HIGHS, LONG AT 1242.25 @ 3:47, MY STOP IS 1241.75, MOVING MY STOP UP TO 1243.25 @ 3:51, UP TO 1244.25 @ 3:52, STOPPED OUT GAIN 200 PTS, THATS IT FOR ME FOR SURE, GOOD TRADING TO YOU!

TOTAL GAIN FOR THE DAY 3175 PTS

9/8

OPEN INTEREST DID INCREASE ON FRIDAY ON MODERATE VOLUME YESTERDAY BY ONLY 7971 CONTRACTS, THAT IS NOT MUCH, AND WOULD ARGUE FOR A 30PT RANGE OFF OF THE LOW, IT WAS OLD BUSINESS LEAVING THE MARKET. A BIG GAP UP TODAY, COMBINE THAT WITH THE BUYING TAIL IN THE IN THE D PERIOD AT FRIDAYS LOW, I THINK WE HEAD HIGHER OVER THE NEXT FEW DAYS, THERE IS A BIG DIVERGENCE IN STOCKS MAKING NEW LOWS IN THE NYSE COMPARED TO JULYS LOW, ALL THIS SETS US UP FOR A RETEST OF THE 1305 AREA, AND A BREAK UPWARD IF IT FAILS, I WILL BE LOOKING AT THE 9/2/08 PROFILE FOR RESISTANCE AREAS, THE 82', THE 97'S AND THE 1300-1305'S ALL OFFER RESISTANCE ALBEIT MIRCO, EXCEPT THE 1305. THAT SHOULD BE A BATTLE, IF THAT GIVES, SHORT COVERING COULD TAKE US TO THE HIGH FROM 8/8 @ 1313, SHORT @ 1277.25 @ 9:32 MY STOP IS 1280.25, MOVING MY STOP DOWN TO 1279 @ 9:34, MOVNG MY STOP DOWN TO 1276 @ 9:40, WE ARE TAIKING OUT THE GLOBEX INVENTORY, MOVING MY STOP DOWN TO 1272 @ 9:45 STOPPED OUT GAIN 525 PTS, SHORT @ 1271.25 @ 9:49, MY STOP IS 1274, MOVING MY STOP DOWN TO 1269 @ 9:52 THE TICK IS WEAKING AND THE XLF IS LEADING THE WAY DOWN, STOPPED OUT GAIN 225 PTS, SHORT @ 1268 @ 9:56, MY STOP IS 1270, OUT @ 1265.50 @ 9:59, GAIN 250 PTS, SHORT @ 1264 @ 10:01, MY STOP IS 1266, THE XLF IS STILL LEADING THE WAY DOWN, THE TICK IS STILL DOWN NEAR THE 2ND SD BELOW THE MEAN. REVERSE @ 1264.50, THERE IS PASSIVE BUYING IN THE 1263 LINE AND THE XLF JUST STALLED AS DID THE TICK, NOW LONG FROM 1264.50, MY STOP ON THE LONG IS 1262.50, THE LOSS ON THE SHORT IS 50 PTS. WE HIT THE GLOBEX LOW AND THE TICK DOJ'D AND VOLUME DELTAS ARE REVERSING GREEN ON THE TICK VOLUME. MOVING MY STOP UP TO 1265 @ 10:05, OUT @ 1267.50 @ 10:06, GAIN 300 PTS, A BIT OF PASSIVE SELLING IN THE 67, BUT NOT ENOUGH TO STOP THE RETRACEMENT, GOT OUT A BIT EARLY, SHORT @ 1269 @ 10:11, PASSIVE SELLING INTHE 69'S AND THE TICK CLOSED AT 150, COULDNT EVEN TOUCH THE 2ND SD ABOVE THE MEAN. MY STOP IS 1270.50, OUT @ 1267.50 @ 10:13, A LOT OF PASSIVE BUYING COMING IN AT THE 1267 LINE, GAIN 150 PTS, SHORT @ 1266.50 @ 10:17, WE ARE BREAKING DOWN AGAIN, MY STOP IS 1269 , THE TICK IS MAKING LOWER LOWS AND THE XLF IS ALSO. MOVING MY STOP DOWN TO 1268 @ 10:18, OUT @ 1265.75, THERE IS NO CONTINUATION ON THE TICK, WE BOUNCED OF THE THE 2ND SD BTM AND THE VOLUME DELTAS ARE LESS NEGATIVE ON THE RESTEST, GAIN 75 PTS, LONG @ 1267.75 @ 10:42, MY STOP IS 1266, THE TICK IS MAKING HIGHER LOWS SINCE THE TEST OF THE 65'S, OUT @ 1270.50, @ 10:44, PASSIVE SELLING COMING IN AT THE 71'S & 70'S, GAIN 275 PTS, SHORT @ 1270 @ 10:49, MY STOP IS 1272, EXPECTING A ROTATION TO THE LOWS OF C PERIOD INTHE 1265 AREA, THE TICK IS MAKING LOWER HIGHS AND NEGITIVE VOLUME DELTAS ARE INCREASING, UPDATE @ 10:51, MOVING MY STOP DOWN TO 1267 , WE ARE BREAKING BELOW THE 65, TRADIGN THE 63'S, OUT @ 1265 @ 10:52, GAIN 500 PTS, I MIGHT HAVE GOTTEN OUT TO EARLY, WE STOPPED AT 65.75 ON THE SLIGHT RETRACEMETNT, THIS AREA SHOULD BE SUPPORT THOUGH, IF WE HAVE LONG LIQUIDATION, AND NOT NEW SHORT SELLING. THE XLF IS BREAKING DOWN THOUGH, SHORT @ 1263.25 @ 10:54, MY STOP IS 1266 WE NEED CONTINUATION OR I AM IN TROUBLE ON THIS ONE, , LOSS ON THE SHORT 275 PTS, RIGHT TO THE TICK, SHORT @ 1265.25, MY STOP IS 1266, UPDATE @ 10:59, MOVING MY STOP DOWN TO 1262, MOVING MY STOP DOWN TO 1255 @ 11:01, FAST MARKET DOWN, OUT @ 1254, @ 11:01, GAIN 925 PTS,WOW LOOK AT THAT REBOUND OFF OF THE 50'S BACK TO THE 60 IN 3 MINUTES, WOW, SHORT @ 1259 @ 11:05, MY STOP IS 1260.50, STOPPED OUT, LONG AT 1261,MY STOP IS 1258, LOSS ON THE SHORT 150 PTS, THAT IS SOME TAIL IF IT HOLDS IN D PERIOD WOW! OUT @ 1261.50, GAIN 50 PTS, PASSIVE SELING AND THE TICK REVERESED, A BIT VOLITALE EVEN FOR ME! LONG @ 1261 @11:11 AGIAN, MY STOP IS 1259, THE TICK IS REVERSING AGIAN, WOW OUT @ 1263 @ 11:15, THE TICK IS REVERSING, GAIN 200 PTS, WHAT A WILD DAY! LONG @ 1257 @ 11:29, MY STOP IS 1255, IT LOOKS LIKE WE ARE GOING TO TEST THE D PERIOD HIGH, THE XLF IS STEADY, E PERIOD OPENED INTHE MIDDLE OF D PERIOD, THE TICK IS NEAR THE ZERO LINE, AND SELLING VOLUME DELTAS ARE LESS ON THE RETEST TO THE 56-55'S. OUT @ 1259 @ 11:34, PASSIVE SELLING AT 1260, THE TICK IS REVERSING ALSO, GAIN, 200 PTS, MAN GOT OUT EARLY AGIAN, LONG @ 1261 @ 11:26, MY STOP IS 1259 STOPPED OUT LOSS 200 PTS, SHORT @ 1257.50 @ 11:42, MY STOP IS 1259 THIS IS NOT THE BEST TRADE LOCTION, BUT SINCES WE DIDNT TEST THE D PERIOD HIGH, MAYBE WE TEST THE D PERIOD LOW, THE TICK IS BOUNCING AS IS THE XLF. VOLUME IS ERRATIC, OUT @ 1256.50 @ 11:44, GAIN 100 PTS, LOOKING FOR SCALPS UNTIL VOLUME PICKS UP. LONG @ 1256.50 @ 11:46,MY STOP IS 1255, SELLING VOLUME DELTAS ARE LESS AND LESS AT THE 55-56'S, THE XLF IS STILL STEADY, I WILL REVERSE AND GO WITH THE BREAKOUT IF I AM ON THE WRONG SIDE IS THE XLF STARTS TO MOVE WITH VOLUME. STOPPED OUT LOSS 150 PTS, LOOKS LIKE THE MARKET IS GOING TO TEST THE D PEROID LOW WITHOUT ME, DAMN, ~LONG @ 1255 @ 11:50, MY STOP IS 1253.50, THE TICK IS MAKING HIGHER HIGHS, OUT @ 1256 @ 11:52, VOLUME IS TO LIGHT, WE COULDNT EVEN GET TO 58? GAIN 100 PTS, TAKING A BREAK! IT LEAVES WITH OUT ME FOR A SECOND TIME! LMAO! TRADING THE 52'S! LONG @ 1251 @ 11:57, MY STOP IS 1249, WELL WE TOOK THE D PEIROD LOW OUT BY A COULPLE OF TICKS, I MISSED THE TEST AFTER SPEAKING ABOUT IT TWICE, WHATS UP WITH THAT? MY TARGET IS THE E PERIOD HIGH IN THE 1260 AREA. MOVING MY STOP UP TO 1252 @ 12:00, OUT @ 1254.50 @ 12:03, GAIN 350 PTS, THE TICK CANT EVEN GET UP TO THE 2ND SD ATM? PASSIVE SELLING CAME IN AT THE 55'S ALSO.SHORT @ 1250 @ 12:09, MY STOP IS 1251, MY TARGET IS THE GAP AT 1240-1245 AREA, THE M PERIOD HIGH FROM FRIDAY IS 1245 OUT @ 1248.50 GAIN 150 PTS. PASSIVE BUYING CAME IN AT THE 47'S, LONG @ 1249 @ 12:15, MY STOP IS 1247, MY TARGET IS THE 54'S, THE F PERIOD HIGH. THE XLF IS STUBBERNLY STEADY. THE TICK HAS BEEN MAKING HIGHER HIGHS AS PRICE HAS MADE NEW LOWS ALSO, MOVING MY STOP UP TO 1250 @ 12:20 OUT @ 1252.25 @ 12:20, THE TICK IS HESITATING AT THE +200 LEVEL, GAIN 325 PTS, WELL ONCE AGAIN WE GET OUT EARLY AND HIT THE 54'S! WOW TRADING THE 57'S!, NOW WE HAVE A NICE F PERIOD BUYING TAIL! LONG @ 1257 @ 12:33, MY STOP IS 1254, A LATE LONG, BUT I THINK WE CAN TEST THE D PERIOD HIGH IN THE 1265 AREA. THE XLF IS FINALLY MOVING UP AND THE TICK HAS BEEN MAKING HIGHER LOWS SINCE THE 49'S, VOLUME DELTAS ARE GREEN SINCE THE LOW. MY TARGET IS THE 1261 AREA AS THERE IS A GOOD BLOCK OF VOLUME IN THE D PERIOD IN TEH 1261-1262 AREA, THE TICK IS STALLING, OUT @ 1258, NOT GETTING CAUGHT LONG AT THE HIGH, GAIN 100 PTS, SHORT @ 1257.50 @ 12:44, MY STOP IS 1260, MY STOP MAY BE A BIT CLOSE, BUT THE GREEN BUYING VOLULME DELTA BARS ARE DRYING UP, AND THE XLF HAS STALLED. NOW PASSIVE BUYING COMES IN AT THE 56 LINE! STANDING BY~~OUT @ 1256.50 GAIN 100 PTS, NO SELLING VOLUME PRESSURE, PASSIVE BUYING COMING IN AT THE 1256 AND 1255.50 LINE, LONG @ 1259 @ 12:57, MY STOP IS 1256, IT LOOKS LIKE WE ARE GOING TO TEST THE 1261-1262, THAT IS MY TARGET. GREEN VOLUME DELTAS COMING IN AGIAN, THE THE XLF IS MOVING HIGHER AGIAN. IF WE BREAK OVER THE 62 LEVEL THE D PERIOD HIGH IS THE TARGET AT THE 1265 AREA. MAN IT LOOKS LIKE I AM CAUGHT LONG AT THE HIGH, WE NEED SOME MORE VOLUME TO TAKE US UP, COME ON!! I RATHER BE LONG AT 1253! DAMN, OUT AND REVERSE AT 1257.50, NOW SHORT AT 1257.50 MY STOP IS 1259, MY TARGET IS THE 1253'S, LOSS ON THE LONG 150 PTS. OUT @ 1253.50 @ 1:09, SOME LACK OF VOLUME AT 1:09, WEIRD. GAIN 400 PTS, NOW LONG AT 1254 @ 1:10, MY STOP IS 1252 WE TOOK OUT THE G PERIOD LOW BY A COUPLE OF TICKS ON LOW VOLUME, MY TARGET IS THE 1259'S, VOLUME IS REAL LIGHT, MAY TAKE A SCALP, TRADING THE 57'S NOW @ 1;13 OUT @ 1:14 @ 1256, GAIN 200 PTS, WE ARE STALLING ON THE TICK AND THE XLF. LONG @ 1256 @ 1:22, MY STOP IS 1254, THE TICK IS RALLING, THE XLF NEEDS TO KICK IN THOUGH TO TEST THE 1261-35 AREA, THAT IS MY TARGET. THIS IS NOT THE BEST TRADE LOCATION INTHE MIDDLE OF THE LOWER VOLUME CLUSTER, BUT STILL STANDING BY~VOLUME IS NEUTRAL AND THE XLF IS STEADY, OUT @ 1256 @ 1:31 FOR BREAKEVEN. SHORT @ 1254.75 @ 1:34. MY STOP IS 1258, THE TICK HIT THE 2ND SD ATM BUT PRICE DIDNT MOVE MUCH, A POINT OR SO, THE XLF IS STRAIT LINED, AND THERE IS RESISTANCE IN THE 58-62 AREA, MY TARGET IS THE E PERIOD LOW AT 1250. OUT @ 1251 @ 1:41, GAIN 375 PTS, A GREAT DAY TRADING!! LONG @ 1253 @ 1:45, MY STOP IS 1251, THE TICK DOJ'D AND SELLING IS NON EXISTANT AT THE LOW, GREEN VOLUME DELTAS IN THE ES. MY TARGET IS THE G AND H PERIOD HIGH IN THE 1259-1260 LINE. STOPPED OUT LOSS 200 PTS, SHORT @ 1250 @ 1:49,MY STOP IS 1254, SELLING IS PICKING UP NOW, MY TARGET IS THE GAP FROM FRIDAY IN THE 1240-1245 AREA, MOVING MY STOP DOWN TO 1252 @1:54, ALMOST GOT STOPPED OUT ON THAT ONE, BUT NOT QUITE! 2 MINUTES TO THE J PERIOD OPEN, WE SHOULD BREAK LOWER. THE TICK IS BUILDING BELOW THE ZERO LINE AND THE XLF IS SLOWLY SELLING OFF. OUT @ @ 1250 @ 2:00 BREAK EVEN. WOW, 1488 CAME IN ON THE BID @ 1248, LONG @ 1249 @ 2:01, MY STOP IS 1248, THE TICK AND THE XLF IS NOW FOLLOWING US UP, WE TOOK OUT THE I PERIOD LOW BY A TICK MY TARGET IS THE G AND H PERIOD HIGH AT THE 1259-1260 AREA, EVERYBODY WAS LOOKING AT THE GAP! MANY FAKED OUT THERE, 1072 AND 1488 CAME IN RESPECTIVLY AT THE 1248.25 & 1248 LINES, OUT @ 1254 @ 2:04, TAKING MY POINTS, GAIN 500 PTS, LOOKING FOR A REENTRY, LONG @ 1253.25 @ 2:06, MY STOP IS 1250. MY TARGET IS STILL THE 1260 AREA, THE XLF IS RALLING A BIT, AND THE TICK IS MAKING HIGHER LOWS. OUT @ 1255.50 @ 2:13, GAIN 225 PTS, WE ARE AT THE I PERIOD HIGH, WILL REENTER~~IT WOULDNT HAVE BEEN A BAD TRADE TO SHORT THE I PERIOD HIGH, BUT HAVING LIGHT VOLUME IT IS GETTING HARDER TO READ THE MARKET, STANDING BY~ LONG @ 1254 @ 2:20, MY STOP IS 1252, MY TARGET IS THE SAME, 1260 AREA, ON LIGHT VOLUME WE CAME DOWN TO THE 52'S AND THE TICK MADE A NICE HIGHER LOW. THE XLF IS STARTING TO LOOK POSITIVE ALSO, JUST A LITTLE. WHAT A GREAT ROTATING MARKET TODAY!! MOVING MY STOP TO 1254 @ 2:27, MOVING MY STOP UP TO 1255 @ 2:29, OUT @ 1257.50 @ 2:32, PASSIVE SELLING IN THE 57.75 LINE GAIN 375 PTS, SHORT @ 1257.50 @ 2:34, MY STOP IS 1259, GREEN BUYING VOLUME IS COMING BACK DAMN, REVERSE @ 1258, MY STOP ON THE LONG IS 1256, LOSS ON THE SHORT 50 PTS, MY TARGET IS THE D PERIOD AT THE 1265, WE STILL NEED TO BREAK THROUGH THE CLUSTER BETWEEEN 1260-62 THOUGH, BE LOOKING AT THE TICK FOR SINGS OR RESISTANCE. THE XLF IS STILL STALLED. BUT THE TICK IS MAKING HIGHER LOWS AND HIGHER HIGHS, WITH GREEN VOLUME DELTAS OVER THE LAST 40 MINUTES. I THINK I AM CAUGHT AT THE HIGH AGIAN, NOT ENOUGH VOLUME TO GET US AWAY FROM THE POC AT 1256 YET. OUT @ 1259 @ 2:47 AND REVERSING, NOW SHORT @ 1259 @ 2:47, MY STOP IS 1261, NEGATVE VLULME DELTAS COING IN AND THE TICK IS REVERSING OFF OF THE 2ND SD ATM. GAIN ON THE LONG 100 PTS, THAT VOLUME CLUSTER WE HAVE BEEN TALKING ABOUT IS TO MUCH RESISTANCE,A NICE DOJI IN PRICE IN THE ES, AND THE TICK WAS MAKING LOWER HIGHS AT THE 1259-60'S, MY TARGET FOR THE SHORT IS THE I AND J PERIOD LOW IN THE 1248'S, THE XLF IS STILL FLAT LINED. OUT @ 1256.75 @ 2:53, GAIN 225 PTS, 3090 CAME IN ON THE PASSIVE BID @ 1256. WE ARE BREAKING DOWN AGIAN, SHORT @ 1256 @ 2:55, MY STOP IS 1258, MY TARGET IS THE SAME, THE I AND J PERIOD LOWS. 37 TRADES SO FAR, WOW!! HAVING FUN TODAY! I AM ONCE AGAIN CAUGHT IN THE MIDDLE OF THE LOWER VOLUME CLUSTER HERE, VOLUME IS LIGHT HERE AND THE XLF IS FROZEN., I AM LOOKING FOR A BREAK EVEN ON THIS ONE AND GOING TO CALL IT A DAY! MOVING MY STOP DOWN TO 1255.75, GOT MY BREAKEVEN WORSE CASE SENERIO! YES, 6000 PTS, A NEW TRADING RECORD, OUT @ 1254 @ 3:06, THE 1253 LINE ON THE 5 TICK REVRSAL CHART IS THE AREA WHERE THE LAST RETRACMENT HIT LAST TIME DOWN AT 2:20. GAIN 200 PTS, THAT IS IT FOR ME TODAY! GOOD TRADING TO YOU. THIS IS TO TEMPTING THE TICK JUST HIT THE 2ND SD BTM AND REVERSED ON LITTLE VOLULME, LONG @ 1254 @ 3:17, MY STOP IS 1251, 1789 CONTRACTS CAME IN ON THE BID AT 1252.25, UPDATE @ 3:19, MOVING MY STOP UP TO 1255, WOW, UP TO 1260 @ 3:26, YES!! WE ARE GOING TO HIT THE 65'S THAT I HAVE BEEN TALING ABOUT!, MOVING STOP UP TO 1261 @ 3:29, TRADING THE 63'S, MY TARGET IS THE 1265, BUT I AM GOING TO TRAIL MY STOP, AS WE MIGHT GET SHORT COVERING AND TAKE US UP THE 1270'S, MOVING MY STOP UP TO 1262 @ 3:32, UP TO 1263 @ 3:33, YESSSSSS!!!!, UP TO 1264 @ 3:34, YEA BABY, UP TO 1265 @ 3:35, AHHH STOPPED OUT @ 1265 @ 3:35, WOW! WHAT A DAY!! HOLY *&%$&^%! GAIN 1100 PTS, THATS IT FOR ME, GOOD TRADING TO YOU!!

TOTAL GAIN FOR THE DAY 7375 PTS

9/9

THE OPEN INTEREST INCREASED BY OVER 78000 CONTRACTS ON GOOD VOLUME. I WIL HAVE A LONG BIAS ON THE OPEN. LONG @ 1263 @ 9:34, MY STOP IS 1261, PASSIVE BUYING CAME IN AT THE 62'S, THAT WAS QUICK, STOPPED OUT LOSS 200 PTS. DAMN, I MISSED THE UPTURN, TRADING THE 66'S? GEES, STANDING BY~SHORT @ 1267.50 @ 10:01, MY STOP IS 1269.50, DAMN STOPPED OUT TO THE TICK, LOSS 200 PTS, SHORT @ 1268.50 @ 10:08, MY STOP IS 1270.50, WE TOOK OUT THE A PERIOD HIGH BY A COUPLE OF TICKS, MY TARGET IS THE OTHER END OF YESTEREDAYS VALUE AREA IN THE LOWER 1250'S, THERE IS A BIG VOLUME CLUSTER DOWN THERE THAT MIGHT ACT AS A MAGNET CONSIDERING THE SHORT COVERING MOVE LATE IN THE DAY YESTERDAY. MOVING MY STOP DOWN TO 1264 @ 10:25, DOWN TO 1261 @ 10:38, IT LOOKS LIKE WE MAY CLOSE THE GAP FROM YESTERDAY, TEH TICK IS WEAK AND MAKINKING LOWER HIGHS AND LOWER LOWS, MOVING MY STOP DOWN TO 1259 @ 10:45, WOW THE XLF IS REALLY LEADING THE WAY DOWN, MOVING MYS TOP DOWN TO 1254 @ 10:55, LOTS OF SELLING DELTAS, DOWN TO 1252@ 10:58, MY TARGET IS THE 1240-1245 AREA, STOPPED OUT GAIN 1650 PTS, YES!, SHORT @ 1250 @ 11:10, MY STOP IS 1253, MY TARGET IS THE GAP. 1251 WOULD HAVE BEEN THE BETTER FILL, BUT THE TICK COULDNT EVEN HIT THE 2ND SD ATM. OUT @ 1247 @ 11:15 GAIN 300 PTS, THE TICK CHART IS MAKING HIGHER LOWS AND PASSIVE BUYING CAME IN RIGHT UNDER YESTERDAY LOWS AT 1246.50. LONG @ 1248 @ 11:17, MY STOP IS 1245.50 OUT @ 1252 @ 11:19, PASSIVE SELLING IS COMING IN AT THE LAST RETRACEMETN HIGH IN THE 52'S. GIAN 400 PTS, SHORT @ 1252.50 @ 11:23, MY TARGET IS THE LOW, MY STOP IS THE LOW VOLUME AREA AT 1255, WE MIGHT TRADE AS HIGH AS THE B PERIOD LOW INTHE 1258 AREA, STANDING BY~6000 CONTRACTS COMING IN AT 1253 ON THE ASK PASSIVELY, THIS COULD BE IT FOR THE ROTATION UPWARD. THE TICK IS HESITATING AT THE 2ND SD ATM, BUT THE XLF IS STILL MAKING HIGHER HIGHS. BOY THAT WAS CLOSE @ 11:38. WE TOOK THE D PERIOD HIGH OUT BY A COUPLD OF TICKS, MORE PASSIVE SELLING IN THE 54;S, AND THE TICK IS SELLING OFF AFTER MAKING LOWER HIGHS AS IT APPOACHED THE 2ND SD ATM. WE SEEM TO BE STUCK HERE IN THE 52'S, SELLING PRESSURE DISAPPEARED, 2163 CAME IN AT 50 ON THE BID AND WE SIT HERE, STANDING BY~THE 58'S MIGHT BE THE BETTER SHORT, WE WIL SEE~~THE RETRACE DOWN IS HAPPEN ON LESS VOLUME THAN THE FIRST TIME DOWN, OUT @ 1249 @ 12:01, GAIN 350 PTS, LONG @ 1249.50 @ 12:03, MY STOP IS 1247.50, THE TICK IS MAKING HGHER LOWS, AND A NICE GREEN VOLUME DELTA BAR AT THE DOJI IN PRICE ONTHE ES, THERE IS ALSO 1217 SITTING ON THE BID PASSIVELY AT 1248.25, DAMN STOPPED OUT LOSS 200 PTS, LONG @ 1248.25 @ 12:07, MY STOP IS 1247, STOPPED OUT LOSS 125 PTS, LONG @ 1247 @ 12:13, MY STOP IS 1245, A BIT OF A WAR GOING ON DOWN HERE IN THE 47'S, I AM MOVING MY STOP UP TO 1246 @ 12:18, MY TARGET IS THE E PERIOD HIGH NEAR 1254, OUT @ 1251 @ 12:40, PASSIVE SELLING CAME IN AT THE 51'S, GAIN 400 PTS, LONG @ 1251.75 @ 12:43, MY STOP IS 1249, MY REENTRY WAS LATE, SHOULD HAVE BEEN IN THE 49'S, BUT BETTER LATE THAN NEVER, (MOST OF THE TIME THAT IS NOT TRUE!), OUT @ 1253.25, GAIN 150 PTS, TAKING MY POINTS CONSIDERING THE LATE ENTRY. SHORT @ 1253 @ 12:49, MY STOP IS 1255, OUT @ 1250.50, PASSIVE BUYING CAME IN AT 1249.75, GAIN 250 PTS, I MISSED THE ROTATION BACK UP, THAT WAS A BIT TO QUICK, BUT WE BOUNCED OF OFF THE VOLUME CLUSTER IN THE F PERIOD IN THE 49'S, A NICE MISSED TRADE, STANDING BY~SHORT @ 1253 @ 1:05, MY STOP IS 1255, MY TARGET IS THE 1250 AREA, WE ARE MAKING HIGHER LOWS INT HE TICK THAT IS A RISK WE GO HIGHER, MAYBE TO THE 58'S?, WE WILL SEE WHAT HAPPENS ON THE BID UP HERE IN THE 52-53'S, GETTING CLOSE TO MY TARGET, OUT @ 1250.75 @ 1:10, GAIN 225 PTS, TAKING A BREAK, SHORT @ 1244 @ 2:04, MY STOP IS 1245, OUT @ 1243 @ 2:08, GAIN 100 PTS, 2105 CAME IN ON THE BID A TICK BELOW THE I PEROD LOW, WILL REENTER HGHER, SHORT @ 1244 @ 2:09,MY STOP IS 1245, MY TARGET IS AT LEAST 1240 THE CLOSE FROM 9/5, OUT @ 1243, GAIN 100 PTS, AGIAN, PASSIVE BUYING AT THE LOW, OVER 6600 CONTRACTS CAME IN AT THE 42'S AND STOPPED THE MOVE. SELLING DELTAS ARE DRYING UP. THE TICK IS MAKING HIGHER LOWS ASLO. NOW LONG @ 1243.50 @ 2:12, MY STOP IS 1241.50, MY TARGET IS THE E AND H PERIOD HIGH INTEH 1254 AREA, THE XLF IS STILL MAKING LOWERLOW THOUGH, STOPPED OUT LOSS, 200 PTS, DAMN WE JUST CLOSED THE GAP, WITH NOT MUCH BUYING INTEREST, SHORT @ 1241.50 @ 2:18, MY STOP IS 1245, MY TARGET IS 1231, THE HIGH VOLUME LINE FROM 9/5 OR JUST ABOVE THAT IN THE 1233'S, DAMN WE HIT 9/5'S VALUE AREA HIGH @ 39.75 AND REVERSED, REVERSE @ 1242, NOW LONG AT 1242 WITH A 1240 STOP, LOSS ON THE SHORT 50 PTS. THE XLF IS TURINING AS IS THE TICK STILL MAKING HIGHER LOWS, AND BUILDING ABOVE THE ZERO LINE FOR NOW, MY TARGET IS THE 1248-1251 AREA, WE HAVE TO GET PAST THE LOW VOLUME AREA IN THE 45'S, THAT IS RESISTANCE, THE TICK IS REVERSING,AND PASSIVE SELLING IN TEH 4350 AND 4375 LINES, OUT @ 1243 AND REVERSING, GAIN ON THE LONG 100 PTS, NOW SHORT @ 1243 @ 3:00, MY STOP IS 1245, BACK AND FORTH DOWN HERE, NOT MUCH CONVICTION, MAY JUST SCALP UNTIL WE BREAK DOWN OR UP~ OUT @ 1241.50 @ 2:31, PASSIVE BUYING AT THE 1240.75 LINE., GAIN 150 PTS, SHORT @ 1240.50 @ 2:33, WE ARE BREAKING DOWN, MY STOP IS 1243, THE XLF IS LEADING THE WAY AND TEH TICK IS REVERSING, AS IS THE VOLUME DELTAS ARE TURNING RED TOO. MY TARGET IS THE SAME THE 1231-1233 AREA, OUT @ 1238 @ 2:36, PASSIVE BUYING IN THE 37'S, WILL REENTER, GAIN 250 PTS, THERE IS A LITTLE SUPPORT IN THE 37-38 AREA FROM 9/5 VOLUME AT PRICE CHART, SOME VOLUME CLUSTERS THERE. SHORT @ 1238 @2:39, MY STOP IS 1240, THIS IS A BIT RISKY FOR THE ABOVE MENTIONED REASONS, BUT IF WE BREAK, IT WILL BE QUICK, MY TARGET IS STILL THE 33'S, WE COULD VERYWELL TEST THE LOW END OF 9/5'S VALUE AREA DOWN AT THE 1223'S ALSO BEFORE IT IS ALL SAID AND DONE. OUT @ 1237 @ 2:44, GAIN 100 PTS, WILL REENTER HIGHER. PASSIVE BUYING COMING IN AT THE 36'S, SHORT @ 1237 @ 2:45, MY STOP IS 1239, CHOPPY DOWN HERE. PASSIVE SELLING IS COMING IN AT THE 3675 AND 37 LINE, OUT @ 1235.75 @ 2;47, AGIAN, PASSIVE BUYING INTEH 35'S, WILL REENTER, GAIN 125 PTS, THERE IS NOW PASSISVE BUYING IN THE 35'S LONG @ 1237.50 @ 2:49, MY STOP IS 1236, THE TICK AND THE XLF REVERSED, A NICE DOJI IN BOTH, MY TARGET IS THE 1242 AREA, THE K PERIOD HIGH, OUT @ 1239.50 AND REVERSE, NOW SHORT @ 1239.50, MY STOP IS 1241, GAIN ONTHE LONG 200 PTS, THE TICK REVERSED AT THE 2ND SD ATM AND PASSIVE SELLING CAME IN AT THE 1240.25 LINE, MY TARGET IS THE K PERIOD LOW AT THE 1235 OR LOWER TO THE 1233'S, OUT @ 1235 @ 2:58, PASSIVE BUYING COMING IN AT THE 35'S AGIAN, GAIN ONTHE SHORT 450 PTS, THE XLF IS NOT MAKING LOWER LOWS BUT THE TICK IS, SHORT @ 1235.50 @ 3:01. mY STOP IS 1237, THE XLF IS HESITATING DOWN HERE, MY TARGET IS 1230, THE XLF IS NOW MAKING NEW LOWS AND THE VOLUME DELTAS ARE INCREASINGLY RED, OUT @ 1233.50 @ 3:05, AGIAN PASSIVE BUYING IN THE 32'S, GAIN 200 PTS, SHORT @ 1234 @ 3:11, MY STOP IS 1236, MY TARGET IS THE 1230 AREA OR LOWER, WE ARE LOSING SELLING VOLUME AT THE LOW , OUT AND REVERSE @ 1234 @3:17, BREAK EVEN ON THE SHORT, NOW LONG FROM 34,MY STOP IS 1232, PASSIVE SELLING IS COMING IN AT TEH 3475 AND 35 LINE, BUT THE XLF IS TRYING TO RALLY AND THE TICK JUST RVERSED,DAMN TRADING 3275, REVERSING @ 1233 @ 3:19, NOW SHORT AGIAN,LOSS ON THE LONG 100 PTS, MY STOP ON THE SHORT IS 1236, GETTING CHOPPED UP HERE A BIT, DAMN, I CANT GET ON THE RIGHT SIDE HERE, TRADING THE 34'S WITH GREEN VOLUME DELTAS COMING IN, PASSIVE SELLING IN THE 34'S THOUGH, STOPPED OUT, LOSS 300 PTS, LONG @ 1235.25 @ 3:27, MY STOP IS 1233, I THINK THE LOW IS IN. MY TARGET IS THE 1240'S, THE TICK IS MAKING HIGHER LOWS, AND THE XLF IS STARTING TO MOVE, GREEN VOLUME DELTAS ARE COMING IN ALSO, MOVING MY STOP UP TO 1236 @ 3:31, DAMN STOPPED OUT, GAIN 75 PTS, SHORT @ 1236 @ 3:35, MY STOP IS 1238, THE XLF AND THE ES DOJI'S AT RESISTANCE INTHE 38'S, SELLING IS COMING BACK IN, MOVING MY STOP DOWN TO 1235 @ 3:40 , DOWN TO 1232 @ 3:42, STOPPED OUT GAIN 400 PTS, SHORT @ 1231 @ 3:43, MY STOP IS 1233, MY TARGET IS 1224-1226, MOVING MY STOP DOWN TO 1230.75 @ 3:49, DOWN TO 1230 @ 3:50, DOWN TO 1229 @ 3:51, DOWN TO 1228.50 @3:52, OUT @ 1228 @ 3:53, GAIN 300 PTS, THATS IT FOR ME, GOOD TRADING TO YOU. MAN I LEFT SOME MONEY ON THE TABLE WITH THAT ONE, NONE THE LESS A GOOD DAY. TRADING THE 24'S AT 4PM, WOW!

TOTAL GAIN FOR THE DAY 4900 PTS

9/10

THE OPEN INTEREST INCREASED BY OVER 68000 CONTRACTS ON GOOD VOLUME YESTERDAY, AS WE SOLD OFF YESTEREDAY, WE TOOK OUT A LOT OF OPEN INTEREST THAT CAME IN ON THE RALLY UPWARD ON MONDAY, NOW WE HAVE SIMILAR FIGURES IN OPEN INTEREST FUELING THE DOWNWARD MOVE YESTERDAY, I WOULDNT BE SURPRISED THAT WE BACK AND FILL IN TODAYS PROFILE FROM THE LOWS I THE 1220'S TO THE MIDDLE VOLUME CLUSTER IN THE 1240'S AND TAKE OUT SOME WEAK SHORTS. THE GLOBEX HAD A 20 PTS RANGE +, LONG @ 1233.25 @ 9:33, MY STOP IS 1231, REVESING @ 1232 @ 9:34, NOW SHORT @ 1232, MY STOP ON THE SHORT IS 1235, THE PASSIVE BUYING IN THE 1233'S IS NOT HOLDING, NEGATIVE SELLING DELTAS ARE INCREASING, THE TICK OPEN UP ABOVE THE ZERO LINE BUT IS HEADING DOWNWARD. LOSS ON THE LONG 125 PTS. MY TARGET IS THE 1227 GAP, WE CLOSED THE GAP AT 2700, OUT @ 1228 @ 9:39, GAIN 400 PTS, NOW LONG @ 1228.50 @ 9:41, THERE SHOULD BE A BUY RESPONSE FROM THE GAP IF WE ARE GOING TO BALANCE TODAY, MY STOP IS 1226, MOVING MY STOP UP TO 1230 @ 9:44, MY TARGET IS THE M PERIOD HIGH AT 1238'S FROM YESTERDAY. THE TICK IS BUILDING STRONGER, I HAD THE RIGHT IDEA WITH A LONG, I SHOULD HAVE WAITED FOR THE GAP TO FILL, AT LEAST WITH A CLOSE STOP AND THE REVESE I MINIMIZED THE DAMAGE. MOVING MY STOP UP TO 1231 @ 9:49, UP TO 1232 @ 9:49, UP TO 1233 @ 9:50 THE XLF IS THE LAGGARD, THE TICK IS BUILDING ABOVE THE ZERO LINE, SELLING VOLUME DELTAS ARE DECREASING.MOVING MY STOP UP TO 1234 @ 9:52, UP TO 1235 @ 9:52 WE ARE APPROACHING MY TARGET NEAR THE 38'S, OUT @ 1236.75, PASSIVE SELLING COMING IN AT TEH 37'S. GAIN 825 PTS, OFF TO A GOOD START. LOOKS LIKE WE ARE GOING TO HAVE A BALANCING DAY. SHORT @ 1236.25 @ 9:55, MY STOP IS 1238.50, THERE IS SOME VOLUME AT THE 1233'S THAT IS MY TARGET I THINK WE TEST THE LOW 1240'S NEXT. OUT @ 1235 @ 10:04 AND REVERSE, NOW LONG @ 1235 @ 10:04 MY STOP IS 1233.25, THERE IS PASSIVE BUYING IN THE 34'S RIGHT ABOVE THE VOLUME CLUSTER THAT I SPOKE ABOUT IN A PERIOD, GAIN ONTHE SHORT 125 PTS, MY STOP MAY BE A BIT CLOSE, THE BOTTOM OF THAT CLUSTER IN A PERIOD IS 1232, BUT I CAN ALWAYS GET BACK IN. VOLUME IS LIGHT AND ERRATIC. STOPPED OUT LOSS 175 PTS, LONG @ 1233 @ 10:11,MY STOP IS 1231 STOPPED OUT LOSS 200 PTS, WE WENT THROUGH THAT CLUSTER, STANDING BY, LONG @ 1231 @ 10:18, MY STOP IS 1229. THE TICK IS MAKING HIGHER HIGHS AND SELLING DELTAS ARE DRYING UP, MY TARGET IS THE B PERIOD HIGH IN THE 1236'S, PASSIVE BID AT THE 30'S STANDING THERE. A NICE DOJI IN PRICE, I SAW THAT COMING, I USUALLY WAIT FOR THE BAR TO CLOSE AND COFIRM, BUT THE PASSIVE BID IN THE 30 'S LINE GAVE IT AWAY. THIS SHOULD SET UP AN UPWARD ROTATION OF AT LEAST 5 POINTS OFF OF THE 1230 LEVEL, EVERY TIME THE TICK TOUCHES THE -800 LEVEL IT IS RIGHT AT THE 2ND BTM, AND IT BOUNCES AND CLOSES NEAR THE ZERO LINE, DAMN STOPPED OUT ALMOST, NOT QUITE, AND AGAIN THE TICK DOES THE SAME THING, THAT WAS CLOSE! WE HAVE MADE HIGHER LOWS OVER THE LAST 15 MINUTES INTHE TICK AND VOLUME DELTAS ARE GREEN ONCE AGIAN.OUT @ 1232.75 @ 10:39, PASSIVE SELLING AT TEH 1233.50 AND 1233.75 LINE, VOLUME DELTAS ARE NUETRAL, SEEMS WERE STUCK BETWEEN THE 34-29 LEVEL, GAIN 175 PTS, LONG @ 1230.75 @ 10:43, MY STOP IS 1229, THIS IS A 1 PT SCALP I AM LOOKING FOR, STOPPED OUT LOSS 175 PTS, LONG @ 1228 @ 10:49, MY STOP IS 1226, MY TARGET IS THE OTHER END OF THE RANGE IN THE 1236'S, STOPPED OUT LOSS 200 PTS, LONG @ 1225 @ 10:58, MY STOP IS 1223, WE TOOK OUT THE STOPS BELOW YESTERDAYS LOW DURING THE GLOBEX, PASSIVE BIDS COMING IN IN THE 24'S, A 10+ PT ROTATION DOWN, LETS RALLY!! HAVING SAID THAT TEH XLF IS LEADING THE WAY LOWER, GEES, STOPPED OUT LOSS 200 PTS, THIS IS REDICULAS. LONG @ 1224 @ 11:00, MY STOP IS 1222 , OUT @ 1224.50 @ 11:25, GAIN 50 PTS, PASSIVES SELLING IN THE 26 LINE, GOING NOWHERE. LONG @ 1223 @ 11:32, MY STOP IS 1221, WE TOOK THE D PERIOD LOW OUT BY A COUPLE OF TICKS, LOTS OF PASSIVE BUYING ALSO IN THE 22'S MOVING MY STOP UP TO 1226 @ 11:34, THAT WAS QUICK., ITS ABOUT DAMN TIME. OUT @ 1228 @ 11:35, TAKING MY POINTS, GAIN 500 PTS, WE ARE RIGHT BELOW THE VOLUME CLUSTER IN C PERIOD INTHE 1230;S THAT SENT US LOWER. LONG @ 1228.50 @ 11:37, NO SELLING ON THE RETRACEMENT, MY STOP IS 1227, MY TARGET IS THE OTHER END OF VALUE IN THE 1236 AREA, OUT @ 1229 @ 11:39, 4000 SITTING AT THE ASK PASSIVELY, GAIN 50 PTS, I WOULD LIKE TO REENTER LOWER. LONG @ 1230 @ 11:41, WE ARE MOVING AGAIN, MY STOP IS 1228, MY TARGET IS A NEW HIGH, WE MAY HAVE A LOT OF SHORT COVERING. MOVING MY STOP UP TO 1230.50 @ 11:43, STOPPED OUT GAIN 50 PTS, LONG @ 1231 @ 11:50, MY STOP IS 1229, MY TARGET IS THE A PERIOD HIGH, THE XLF IS MAKING HIGHER HIGHS, AND THE TICK IS GETTING STRONGER, OUT @ 1232 @ 11:52, 3000 ON THE ASK SITTING THERE IN THE 33'S, GAIN 100 PTS. SHORT @ 1231.25 @ 11:53, MY STOP IS 1233.25, THE XLF AND TICK IS REVERSING, MY TARGET IS TEH 1227 LINE, OUT AND REVERSE @ 1230 @ 11:55, 3000 PASSIVLY AT THE BID INTHE 29'S, NOW LONG FROM 1230 WITH A 1228 STOP, MY TARGET IS THE 1233, GAIN ON THE SHORT 125 PTS, GREEN VOLUME DELTAS ARE FORMING, AND THE TICK IS MAKING HIGHER LOWS, AND THE XLF IS ALSO, I AM MOVING MY STOP UP TO 1231 @ 12:07, MY TARGET IS A NEW HIGH. MOVING THE STOP UP TO 1232 @ 12;08, STOPPED OUT GAIN 200 PTS, LONG @ 1233 @ 12:12, MY STOP IS 1231, PASSIVE BUYING COMING IN AT THE 32'S STOPPED OUT LOSS 200 PTS, LONG @ 1231.50 @ 12:15, MY STOP IS 1230, A BIT CHOPPY UP HERE AT THE F PERIOD HIGH, WE HIT 34, WENT DOWN TO 3075 QUICKLY AND NOW BACK TO THE 33'S, THE TICK JUST HIT -900 AT THE 2ND SD BTM AND IS TURNING GREEN, SELLING DELTA BARS ON VOLUME ARE SLIGHTLY RED, THERE IS SUPPLY ABOVE US FROM THE 36-38 AREA, WE NEED VOLUME TO PUSH UP, OR OLD BUSINESS TO SHORT COVER MORE. I WOULD IMAGINE THOUGH, THAT SHORT COVERING COULD INCREASE IF WE GET TO THE VOLUME CUSTER IN THE 1250'S FROM YESTERDAY. OUT @ 1231.75 @ 12:25, I DONT LIKE THIS ACTON, THE TICK IS REVESING, WILL REENTER LATER, GAIN 25 PTS. LONG @ 1231 @ 12:30, MY STOP IS 1229. THE ES DOJ'D AND THE TICK IS MAKING HIGHER LOWS OVER THE LAST 10 MINUTES, MOVING MYS TOP UP TO 1232 @ 12:36, TEH TIDCK IS STRONG BUT A BIT OF PASSIVE OFFER SITTING ONTHE ASK AT 34'S, MOVING MY STOP UP TO 1233 @ 12:39, MOVING MY STOP UP TO 1234 @ 12:43 STOPPED OUT, GAIN 300 PTS, A LOT OF PASSIVE SELLING IN THE 35'S, SHORT @ 1234 @ 12:44, MY STOP IS 1236, MY TARGET IS THE 1230'S, OUT @ 1232 @ 12:57, this market is dead, taking a break, gain 200 pts. LONG @ 1230.25 @ 1:10, my stop is 1228.25,we are almost at the F PERIOD LOW. MY STOP IS A BIT CLOSE, BUT I CAN REENTER IF WE TEST THE 1224-1226'S WHERE THE BIG BLOCK OF PASSIVE BUYING SENT US HIGHER. A LOT OF PASSIVE BUYING IS COMING IN AT THE 30'S HERE.THE TICK IS MAKING HIGHER LOWS, BUT WE ARE JUST NOT MOVING. , I GUESS I GO INTO SCALPING MODE AGIAN. OUT @ 1232, PASSIVE SELLING COMING IN AT THE 32'S, GAIN 175 PTS. SHRORT @ 1231.25 @1:30, MY STOP IS 1233.25, THE TICK IS HESITATING AT THE ZERO LINE AND IS MOSTLY BELOW THE ZERO LINE FOR THE DAY, THE XLF IS STEADY, WE HAVE SUPPLY IN TEH 35'S ABOVE US. NOT RETESTING THE G PERIOD HIGH DURING THE LAST PERIOD (H), I WOULD THINK WE ARE SET UP FOR A RETEST OF THAT VOLUME CLUSTER BENEATH US IN THE 24-26 AREA, STOPPED OUT LOSS 200 PTS, SHORT @ 1234.50 @ 1:37,MY STOP IS 1236, THE XLF IS RALLING, REVERSE @ 1235.50, LOSS ON THE SHORT 100 PTS, NOW LONG @ 1235.50 MY STOP IS 1232, MAN GOT CAUGHT LONG AT THE HIGH, DAMN, THE TICK HIT +900 AT RESISTANCE OVER 4500 CONTRACTS CAME IN ON THE ASK AT 3575 AND36, AND I AM ABOUT TO GET STOPPED OUT DAMN, POOR EXECUTION THERE. OUT @ 1234 AND REVERSE NOW SHORT @ 1234 @ 1:48, LOSS ON THE LONG 150 PTS, MY STOP ON THE SHORT IS 1236, MY TARGET IS THE H PERIOD LOW AT THE 1228'S, OUT @ 1232.50 AND REVERSE, NOW LONG AT 1232.50, MY STOP ON THE LONG IS 1231, GAIN ON THE SHORT 150 PTS, THE PRICE AND THE XLF DOJI'D AND THE TICK IS AGIAN ABOVE THE ZERO LINE. AMAZING, STOPPED OUT LOSS 150 PTS, LONG @ 1231.50 MY STOP IS 1230, GOT STOPPED OUT ALMOST TO THE TIC, 1893 BIDS CAME IN ON THE BID AT 1231, GEES, MY TARGET IS THE 1235'S, THE XLF WAS STARTING TO SHOW SOME LIFE AND WE TRADE TOTHE LOW 1230'S ON NO VOLUME, MAN O MAN, LOSING MY MIND! MOVING MY STOP UP TO 1234 @ 2:10, FINALLY TEH XLF IS MOVING UPWARD AND WE ARE GETTING STRONG GREEN DELTA VOLUME ON THE MOVE UP, THE TICK IS GETTING STRONGER ALSO. STOP UP TO 1336 @ 2:14, UP TO 1239 @ 2:19, OUT @ 1240 @ 2:20, GAIN 850 PTS, WILL REENTER, LONG @ 1240.50 @ 2:22, MY STOP IS 1238.50, NOT MUCH OF A RETRACEMENT, ALTHOUGH THE TICK LOOKS TOP HEAVY, THE XLF IS LOOKING STRONG, SO JUST IN CASE OF ANOTHER LEG UP.OUT @ 1240.75, AND REVERSE, NOW SHORT @ 1240.75,MY STOP IS 1241.75, GAIN ON TEH LONG 25 PTS, THE TICK REVERSED AT THE 1241.50 LINE. OUT AND REVERSE AGIAN @ 1239.50 @ 2:27, SELLING VOLUME DELTAS ARE DRYING UP AND THE TICK IS TURNING GREEN AGAIN, GAIN ON THE SHORT 125 PTS, NOW LONG @1239.50, MY STOP ON THE LONG IS 1238, PASSIVE BIDS SITTING AT THE 38'S AND 39 LINE, MOVING MY STOP UP TO 1240 @ 2:33, UP TO 1241 @ 2:34, MY TARGET IS THE 1245'S, BUT I AM TRAILING Y STOP UP, NOW AT 1242, STOPPED OUT, GAIN 250 PTS, SHORT @ 1242 @ 2:41, MY STOP IS 1244, MY TARGET IS THE 1239'S OUT @ 1241.25 @ 2:43, 3797 SITTING ON THE BID AT 1241, GAIN 75 PTS, LONG @ 1241.50 @ 2:45, MY STOP IS 1240, STOPPED OUT LOSS 150 PTS, SHORT @ 1240 @ 2:52, MY STOP IS 1243, MY TARGET IS THE I PERIOD HIGH AT 1236 AREA, MOVING MY STOP DOWN TO 1239.75 @ 2:55, OUT @ 1238.75 @ 3:00, WILL REENTER HIGHER, GAIN 125 PTS,SHORT @ 1238.50 @ 3:01, MY STOP IS 1240.50 REVERSING @ 1238.50 @ 3:06, BREAK EVEN ONTHE SHORT, NOW LONG @ 1238.50 MY STOP IS 1237 THE ES AND THE XLF DOJI'D AND THE TICK IS MAKING HIGHER LOWS AT THE SAME TIME. MOVING MY STOP UP TO 1239 @ 3:07, OUT @ 1240 @ 3:08. NO CONTINUATION THE TICK HIT +900 AND REVERSED. GAIN 150 PTS, SHORT @ 1239 @ 3:10, MY STOP IS 1241, THERE IS A GOOD AMOUNT OF SUPPLY AT THE 41-42 AREA. OUT @ 1239 @ 3:12, PASSIVE BIDS IN THE 38-3825 LINE, BREAK EVEN, DAMN,LONG @ 1240 @ 3:13, MY STOP IS 1239, MY TARGET IS THE 1242'S, OUT 1242 @ 3:15, GAIN 200 PTS, LONG @ 1243 @ 3:15, THE XLF IS MOVING AND THE TICK IS TOO, MY STOP ON THE 1243 IS 1241. OUT @ 1243.75 @ 3:16, GAIN 75 PTS, THE TICK IS REVERSING RIGHT AT THE 45 RESISTANCE, SHORT @ 1243.50, MY STOP IS 1245, MOVING MY STOP DOWN TO 1242 @ 3:26, OUT @ 1239 @ 3:27, BIDS SITTING AT THE 38'S, GAIN 450 PTS, SHORT @ 1240 @ 3:29, MY STOP IS 1242, MY TARGET IS THE POC AT 1232, BUYING PRESSURE IS DRYING UP ON THE RETESTS, THERE IS A LOT OF VOLUME AT TEH 32'S, SHOULD ACT AS A MAGNET SINCE WE DIDNT CONTINUE HIGHER IN THE L PERIOD.MOVING MY STOP DOWN TO 1239.75, MOVING STOP DOWN TO 1238, DOWN TO 1236 @ 3:39, GETTING CLOSE TO MY TARGET AT 1232 OUT @ 1234.50 @ 3:40, GAIN 550 PTS, SHORT @ 1235.50 @ 3:45, MY STOP IS 1237, 1548 SITTING ON THE OFFER AT 1236, MY TARGET IS THE 1232 LINE, OUT @ 1234 @ 3:48, WE TRADED THE 33 AND THAT WAS IT, GAIN 150 PTS, THAT IS IT FOR ME, GOOD TRADING TO YOU. WHAT THE HELL, SHORT @ 1234.50, MY STOP IS 1236, PASSIVE SELLING ON THE 35-3525 LINE, MY TARGET IS THE 1232. OUT @ 1232.50, GAIN 200 PTS, RIGHT TO THE POC. WOW WE ARE MOVING EVEN LOWER, TRADING THE 30'S! THATS ALL FOR ME FOR SURE, GOOD TRADING TO YOU!

TOTAL GAIN FOR THE DAY 4650 PTS

9/11

THE OPEN INTEREST DECREASED BY OVER 7815 CONTRACTS ON GOOD VOLUME YESTERDAY, WE OPENED BELOW VALUE, AT SUPPORT, BUT THE MARKET FEELS DEAD. LONG @ 1217.50 @ 9:34, MY STOP IS 1215, MOVING MY STOP UP TO 1216.50 @ 9:37, STOPPED OUT @ 9:39, LOSS 100 PTS, VOLUME IS LIGHT AND ERRATIC. THE GAP IS AT 1211 FROM 7/12, I THINK IT IS JUST A ONE PT GAP. LONG @ 1213.50 @ 9:47, MY STOP IS 1212, PASSIVE BIDS SITTING AT 1213 LINE, THE XLF IS REVERSING ALSO. ON THE 7/15 PROFILE THERE IS A BUYING TAIL THAT ENDS A THE C PERIOD LOW AT 1204, THAT SHOULD BE SUPPORT ALSO IF WE TEST THAT LOW.MOVING MY STOP UP TO 1215 @ 9:54, STOPPED OUT, GAIN 150 PTS, MAN NO VOLULME, COULD BE A BAD DAY TO TRADE, MAYBE I SHOULD WORK ON MY TAN! LONG @ 1215 @ 9:58, MY STOP IS 1213.50, THE TICK HAS BEEN BELOW THE ZERO LING SO FAR, BUT VOLULME DELTAS ARE STILL NEGATIVE, BUT SEEM TO BE DECREASING, THE XLF IS UP AND DOWN. MOVING MY STOP UP TO 1216 @ 10:02, UP TO 1217 @ 10:02, OUT @ 1218 @ 10:03, 1424 SITTING PASSIVLY AT TEH 1219.50 LINE, GOTTA TAKE POINTS QUICK TODAY, TO CHOPPY TO STAY WITH POSITIONS, GAIN 300 PTS, LONG @ 1218 @ 10:07, PASSIVE BIDS AT THE 17'S, MY STOP IS 1216, MY TARGETR IS THE LOW YESTERDAY AT 1221.50, OUT @ 10:10 @ 1220 , GAIN 200 PTS, THE TICK HIT THE 2ND SD ATM AND REVERSED. DAMN GOT OUT TO EARLY. TRADING THE 22'S NOW, LONG @ 1223 @ 10:13, MY STOP IS 1221, MY TARGET IS THE M PERIOD LOW FROM YESTERDAY AT THE 1229'S, NOT THE BEST TRADE LOCATION, BUT THE XLF IS RALLING AND THE TICK IS MAKING HIGHER LOWS, BUT GREEN VOLUME IS DECREASING, I MIGHT BE CAUGHT LONG AT THE HIGH HERE,DAMN, 1600 ARE COMING IN ONTHE BID THOUGH, THAT COULD BE SUPPORT. STOPPED OUT LOSS 200 PTS, VOLUME IS TO LIGHT I AM DONE FOR NOW, GOOD TRDING TO YOU. A NICE SIGNAL AT 1219 THAT I WASNT HERE TO TAKE, (CHECK OUT THE TICK CHART, I WILL POST THE SIGNAL LATER IN THE CHART BOOKS,) BUT NONE THE LESS A NICE TRADE, TRADING THE 27'S NOW, THE POINT OF CONTROL YESTERDAY IS AROUND THE 1232'S, THAT SHOULD ACT AS A MAGNET. LONG @ 1225 @ 10:59, MY STOP IS 1223. WE TESTED TEH B PERIOD HGH AT TJE 24'S, AND BOUNCED. THE D PERIOD IS ABOUT TO OPEN, WE NEED TO TAKE OUT THE C PERIOD HIGH, AND MY TARGET IS THE 1232'S, OUT @ 1228.50 @ 11:04, 1756 CAME IN ON THE ASK PASSIVLY, GAIN 350 PTS, LONG @ 1228.50 @ 11:05, MY STOP IS 1227, TEH DOJI IN PRICE HAD A BIG GREEN VOLUME DELTA, THAT IS NOT A SIGN OF NEUTRALITY. DOJI'S AT TEH HIGH SOULD BE RED, AT THE LOW GREEN OR NUETRAL, NOT GREEN AT THE HIGH. OUT @ REVERSE AT 1229.75 @ 11:08, MY STOP ON THE SHORT IS 1232, PASSIVE OFFERS AT TEH 30'S RIGHT AT THE M AND N PERIOD LOW FORM YESTERDAY, MY TARGET IS THE B PERIOD HIGH AT THE 24'S, GAIN ON THE LONG,125 PTS, THAT IS A NICE REVERSAL BAR ON THE TICK, I WILL HIGHLIGHT THAT ALSO IN THE CHART BOOK LATER. MOVING MY STOP DOWN ON THE SHORT TO 1228 @ 11:11 OUT @ 1225 @ 11:14, GAIN 475 PTS, LONG @ 1226 @ 11:16, MY STOP IS 1224, MY TARGET IS THE D PERIOD HIGH AT 1230'S, THE XLF DOJ'D AND THE TICK IS STILL MAKING HIGHER LOWS. STOPPED OUT LOSS 200 PTS, NO ROTATION UPWARD HARDLY AT ALL, SHORT @ 1224 @ 11:24, MY STOP IS 1227, MY TARGET IS THE OTHER END OF THE RANGE, OR THE POC AT THE 1219'S, STOPPED OUT LOSS 300 PTS, SHORT @ 1227 @ 11:31, MY STOP IS 1229 THE XLF IS MAKING HIGHER HIGHS, REVERSE @ 1228 @ 11:33, NOW LONG AT 1228 MY STOP IS 1226, WE ARE GOING TO TEST THE D PEIROD HIGH , THAT IS MY TARGET, LOSS ON THE SHORT 100 PTS. THE XLF IS REALLY COOKING NOW, GREEN VOLUME DELTAS ARE INCRESING, AND THE TICK IS MAKING HIGHER LOWS, OUT @ 1231 @ 11:35 GAIN 300 PTS, WE TOOK THE D PERIOD HIGH OUT BY A COUPLE OF TICKS LOOKING FOR A SHORT HERE~~, 1233 IS THE GAP CLOSE~WE MIGHT VERY WELL HAVE A TRENDING DAY HERE, WOULD BUY LOWER IF WE SHORT THE HIGH.SHORT @ 1231 @ 11:39, MY STOP IS 1233. MY TARGET IS THE 1226.50 LINE THAT IS THE AREA THAT WE RALLIED FROM A HIGH VOLUME LINE.REVERSING AT 1232 @ 11:42, NOW LONG FROM 1232, MY STOP IS 1229.50, MY TARGET IS THE M PEIROD HIGH IN THE 1240'S. LOSS ON THE SHORT 100 PTS, THE XLF CONTINUES TO MAKE HIGHER HIGHS, JUST NO MAJOR RETRACEMENTS YET, VOLUME AGIAN IS DRYING UP AT TEH HIGH THOUGH, THAT COULD BE A PROBLEM, DAMN HERE WE GO DOWN ON NOTHING, DAMN STOPPED OUT, GOT CAUGHT AT THE HIGH AGAIN! LOSS 250 PTS,RIGHT TO THE DAMN TICK, WE ARE APPOACHING A LOW VOLUME AREA, THIS SHOULD BE SUPPORT, LONG @ 1229.50 @ 11:49, THE TICK IS STILL MAKING HIGHER HIGHS, MY STOP IS 1227. MOVING MY STOP UP TO 1231 @ 11:52, THERE IS A BLOCK OF SUPPLY AT THE 34'S FROM YESTEREDAY, OUT @ 1233.75 11:53, GAIN 450 PTS, I WOULD LIKE TO GET LONG THE 31'S, LONG @ 1232.50 @ 11:59, MY STOP IS 1230, I WAS HOPING FOR THE 31'S BUT BIDS ARE COMING IN AT THE 32'S, MOVING MY STOP UP TO 1235 @ 12:03,STOPPED OUT GAIN 250 PTS, I WOULD LIKE TO BUY THE 31-32 AREA~~LONG @ 1232.50 @ 12:16, MY STOP IS 1231, STOPPED OUT LOSS 150 PTS, LONG @ 1232 @ 12:26, MY STOP IS 1230.50, GOT STOPPED OUT RIGHT TO THE TICK AGIAN ONTHE LAST ONE, JUST A BIT TO CLOSE. STOPPED OUT LOSS 150 PTS, SHORT @ 1229.75 @ 12:30, MY STOP ON THE SHORT IS 1232, I THINK WE TEST THE B PEROD HIGH IN THE 1224'S, THE XLF HAS TURNED AND TEH TICK JUST HIT THE 2ND SD BTM, PASSIVE BIDS AT THE 2875,LINE, REVERSE AT 1229 @ 12:34, GAIN ON THE SHORT 75 PTS, NOW LONG @1229, MY STOP IS 1227, THAT WAS QUICK, MOVING MY STOP UP TO 1230 @ 12:36, THE TICK HIT -1000 AND CLOSED AT +600! DAMN, STOPPED OUT GAIN ONLY 100 PTS? WE WERE AT THE 34'S A SECOND AGO! VOLUME IS REALLY LIGHT, NOT A GOOD DAY FOR CLOSE STOPS.SHORT @ 1230 @ 12:40, MY STOP IS 1231, I THINK WE TEST THE 24'S, STOPPED OUT TO THE TICK AGIAN LOSS 100 PTS, WTF? VOLUME IS TO LIGHT, TAKING A BREAK, LONG @ 1230 @ 12:46, MY STOP IS 1228, A NICE DOJI IN PRICE AND THE TICK IS MAKING HIGHER LOWS, MY TARGET IS THE 1234, TEH G PERIOD HIGH, UNLESS WE GET SOME VOLUME ON THE WAY UP. I THINK WE TRADE BETWEEN THE 34 AND THE 27S OVER LUNCH.OUT @ 1231 @ 1:02, GAIN 100 PTS, TAKING A BREAK, LONG @ 1225.50 @ 1:18, THE 24-26'S WERE SUPPORT ON YESTERDAYS PROFILE IN THE D AND E PERIOD PROFILE, MY STOP IS 1223, MOVING MY STOP UP TO 1228 @ 1:43, UP TO 1229 @ 1:45, MOVING MY STOP UP TO 1232 @ 1:51, UP TO 1233 @ 1:53 , THE TICK AND THE XLF ARE LEADING THE WAY, IF I GET STOPPED OUT WILL REENTER LOWER. UP TO 1234 @ 1:55, STOPPED OUT @ 1:56, GAIN 850 PTS, THE TICK IS MAKING HIGHER LOWS AND +700 HIGHS, TEH XLF IS MAKING NEW HIGHS ALSO. I WOULD LIKE TO BUY IN THE 31'S, LONG @ 1233 @ 2:03,MY STOP IS 1230, THE XLF IS MOVING AGAIN AS IS THE TICK, MOVING MY STOP UP TO 1233.50 @ 2:06, UP TO 1236 @ 2:08, OUT @ 1236.75, @ 2:10, WILL REENTER LOWER, GAIN 375 PTS, NOT MUCH OF A RETRACEMENT, LONG 1237 @ 2:12, MY STOP IS 1236, STOPPED OUT LOSS 100 PTS, LONG @ 1236 @ 2:16, MY STOP IS 1234,THE VOLUME DELTAS DOJI'D AND THE TICK MADE A HIGHER LOW AND CLOSED AT THE ZERO LINE, MOVING MY STOP UP TO 1236.50 @ 2:19, UP TO 1238.50 @ 2:23, OUT @ 1240.50 @ 2:25, PASSIVE SELLING AT THE 1241 LINE, WILL REENTER LOWER. GAIN 450 PTS, WE ARE RIGHT AT THE BLOCK OF VOLUME IN THE 41-42'S THAT I SPOKE ABOUT EARLIER. SHORT @ 1240 @ 2:27, MY STOP IS 1242, MY TARGET IS THE 1235-36 AREAOUT @ 1238 @ 2:36. VOLUME DELTAS ARE DECREASING ON THE SELLING SIDE, GAIN 200 PTS. GOT OUT TO EARLY, WENT RIGHT TO MY TARGET INT THE 36'S LONG @ 1237 @ 2:42, MY STOP IS 1236, VOLUME IS COMING IN GREEN, THE XLF LOOKS LIKE IT IS ABOUT TO RALLY, MY TARGET IS THE 1245'S,MOVING MY STOP UP TO 1238.50 @ 2:48, UP TO 1239 @ 2:49, UP TO 1241 @ 2:49 STOPPED OUT GAIN 400 PTS, WILL REENTER LOWER, LONG @ 1240.75, @ 2:53 MY STOP IS 1239,MY TARGET IS THE SAME THE 1245'S, STOPPED OUT LOSS 175 PTS, SHORT @ 1240.50 @ 2:57, A REVERSAL IN THE TICK AND 1862 SITTING PASSIVLY ON THE OFFER AT 1241, MY TARGET IS THE K PERIOD LOW IN THE 1235-36 LINE. OUT @ 1238.50 @ 3:00, GAIN 200 PTS, OVER 2500 SITTING AT THE BID IN THE 38-3825 LINE. LONG @ 1239 @ 3:01,MY STOP IS 1237.50, MY TARGET IS THE 1245'S, MOVING MY STOP UP TO 1239 @ 3:03, OUT @ 1242, A LOT OF PASSIVE SELLING IN TEH 42.75-43.25 LINE, GAIN 300 PTS, SHORT @ 1242 @ 3:10, MY STOP IS 1243.75, THE XLF IS DIVERGING AND THE GREEN VOLUME DELTAS ARE DRYING UP, MY TARGET IS THE 1236'S OR THE 1238'S, MOVING MY STOP DOWN TO 1242.50 @ 3:13, DOWN TO 1241.50 @ 3:14, DWON TO 1240.50 @ 3:14, WE COULD HAVE THE HIGH IN,DOWN TO 1239.50 @ 3:15, STOPPED OUT GAIN 250 PTS, WILL REENTER HIGHER, SHORT @ 1238.50 @ 3:17 , MY STOP IS 1240, MY TARGET IS THE 1233 AREA, THE POC, MOVING MY STOP DOWN TO 1237.50 @ 3:19, DOWN TO 1236.50 @ 3:20, OUT GAIN 200 PTS, WILL REENTER, SHORT @ 1235 @ 3:22. MY STOP IS 1237, MY TARGET IS THE 1227-1233'S, STOPPED OUT LOSS 200 PTS, RIGHT TO THE TICK , SHORT @ 1236.25 @ 3:26, MY STOP IS 1238, MY TARGETS ARE THE SAME, THE TICK IS WEAK, THE XLF IS HEADING LOWER. MOVING MY STOP DOWN TO 1234 @ 3:31, OUT @ 1232 @ 3:32, THERE IS A LOW VOLUME CLUSTER SITTING RIGHT AT THE 1230-1228'S THAT SHOULD BE SUPPORT. GAIN 425 PTS, SHORT @ 1234 @ 3:34, MY STOP IS 1236, MY TARGET IS THE 1231'S STOPPED OUT LOSS 200 PTS, SHORT @ 1235.75 @ 3:40,MY STOP IS 1237, MY TARGET IS THE 1231-1233 AREA, STOPPED OUT LOSS 125 PTS. THATS IF FOR ME, GOOD TRADING TO YOU. WE ARE GETING SHORT COVERING OFF OF THE LOW, THE TICK IS GREEN AT THE 2ND DEVEIATION BELOW THE MEAN AND THE XLF IS TRUNING GREEN, LONG @ 1239 @ 3:47, MY STOP IS 1237 MOVING MY STOP UP TO 1240, 1214 CONTRACTS CAME IN ONTHE BID PASSIVLY, THAT IS SUPPORT, MOVING STOP UP TO 1242, MAN I WISH I WAS LONG FORM THE 35'S, THE SIGNS WERE THERE, I SPOKE ABOUT THE LOW VOLUME AREA IN THE 1230, AND THE TICK MADE HIGHER CLOSES OFF OF THE 2ND SD BTM WITH THE PRICE MAKING NEW LOWS, WOW THE MARKET IT TRADING THE 47'S, MOVING MY STOP UP TO 1245, WOW, TRADING THE 48'S THIS COULD GET INTERESTING, MOVING MY STOP UP TO 1248 @ 3:57, UP TO 1249 @ 3:58, OUT @ 1251 @ 3:59, HOLY MOLY, GOT MOST OF IT. GAIN 1200 PTS, WOW!!! THAT IS IF FOR ME, GOOD TRADING TO YOU.

TOTAL GAIN FOR THE DAY 5325 PTS

9/12

THE OPEN INTEREST INCREASED BY OVER 161000 CONTRACTS ON GOOD VOLUME YESTERDAY, BUT IT WAS MOSTLY ROLL OVER, MIRCO SUPPORT SHOULD COME IN AT THE LOW VOLUME AREA YESTERDAY NEAR 1230-1231, LOOKS LIKE WE ARE OPENING IN THE MIDDLE OF YESTERDAYS VALUE AREA, MAYBE WE BACK AND FILL. LONG @ 9:42 @ 1238,MY STOP IS 1236, WE ARE RIGHT AT THE I PERIOD HIGH FORM YESTERDAY, MY TARGET IT THE 1251'S, THE XLF IS BREAKING OUT, MOVIMG MY STOP UP TO 1238.25 @ 9:44OUT @ 1240 @ 9:45, PASSIVE SELLING AT THE 1241 LINE, GAIN 200 PTS, THE TICK IS HOVERING AROUND THE ZERO LINE AND IS NEUTRAL. SHOULD HAVE REVERSED, OH WELL, LOOKING AT THE 1230 AREA. LONG @ 1235.25 @ 9:52, MY STOP IS 1234, MOVING MY STOP UP TO 1237 @ 9:54, PASSIVE BUYING CAME IN AT THE 1235 LINE, THE TICK IS MAKING HIGHER HIGHS,AND THE XLF IS STEADY, STOPPED OUT GAIN 175 PTS, LONG @ 1239 @ 10:05, MY STOP IS 1237, ON THE RETEST TO THE 36, JUST ABOVE TEH 3060 SITTING AT 1235 A BIT AGO, WE HAVE DECREASED SELLING, THE XLF IS MAKING HIGHER HIGHS AS IS THE TICK MAKING HIGHER LOWS. MY TARGET IS THE 1249'S , MOVING MYS STOP UP TO 1239.25 @ 10:08, OUT @ 1242.25 @ 10:09, PASSIVE SELLING INTHE 42'S, TEH TICK AND THE XLF IS HESITATING, GAIN 350 PTS, SHORT @ 1241.50 @ 10:11, MY STOP IS 1244, THE ES DOJI'D AS DID THE XLF, MOVING MY STOP DOWN TO 1241.25 @ 10:12, STOPPED OUT, MY STOP MAY HAVE BEEN TO CLOSE, GAIN 25 PTS, SHORT @ 1241 @ 10:15,MY STOP IS 1243 STOPPED OUT LOSS 200 PTS, THE XLF IS RALLYING.LONG @ 1244.50 @ 10:18 , MY STOP IS 1243, MY TARGET IS THE 1250 AREA. THE XLF IS MAKING NEW HIGHS AS IS THE TICK, OUT @ 1245.50 @ 10:27, GAIN 100 PTS, SHORT @ 1246 @ 10:28,MY STOP IS 1248, THE XLF DOJI'D AND THE TICK IS RED AT THE 2ND SD ATM, GREEN VOLUME DELTAS ARE DRYING UP ALSO,MY TARGET IS THE 1235'S THE LOW OF THE DAY, MOVING MY STOP DOWN TO 1245 @ 10:35, DOWN TO 1244 @ 10:37, OUT @ REVESE @ 1243.50 @ 10:40, NOW LONG @ 1243.50, MY STOP IS 1241, THE XLF AND THE ES BOTH DOJI'D AND THE GREEN VOLUME DELTAS ARE BACK AT THE DOJI. MY TARGET IS A NEW HGH, GAIN ON THE SHORT 250 PTS,OUT @ 1245.50 @ 10:43, WE TOOK THE HIGH OUT BY A TICK ONLY, GAIN 200 PTS, STANDING BY, SHORT @ 1245.50 @ 10:49, PASSIVE SELLING INTEH 1246.50 LINE, MY STOP IS 1248, MY TARGET IS THE OTHER END OR THE RANGE AT THE 1235'S, GREEN VOLUME DELTAS ARE DRYING UP I VOLUME BUT THE XLF IS STILL RALLYING. I THINK A BETTER TARGET IS THE 1240 AREA, THERE IS A BLOCK OF VOLUME THERE FROM THE A PERIOD. OUT @ 1245 @ REVERSE, THE XLF IS RALLING, GAIN ONTHE SHORT 50 PTS, NOW LONG AT 1245, MY STOP IS 1243, PASSIVE BUYING CAME IN AT THE 1244'S AND THE TICK AND THE XLF STALLED GOING DOWN, MOVING MY STOP UP TO 1246 @ 11:01, MY TARGET IS THE 1251'S, OUT @ 1248 @ 11:02, PASSIVE OFFERS SITTING AT THE 1249.25 LINE, GAIN 300 PTS, SHORT @ 1247 @ 11:06, MY STOP IS 1249., THE XLF DOJI'D AT THE 2N SD ATM. MY TARGET IS THE OTHER END OF THE RANGE AT THE 1235'S, STOPPED OUT LOSS 200 PTS, IT LOOKS AS IF WE MIGHT BE TRENDING TO TEST TEHE 1260 AREA, STANDING BY, THE TICK IS BUILDING ABOVE TEH ZERO LINE AND THE XLF IS LEADING THE WAY, BUT VOLUME IS NOT INCREASINGLY GREEN THAT IS A PROBLEM. LONG @ 1248.50 @ 11:14, MY STOP IS 1247, MY TARGET IS THE 1254 AREA. OUT @ 1253.50 @ 11:16, GAIN 500 PTS, WE JUST TESTED YESTERDAYS HIGH, THE XLF IS STRONG AS IS THE TICK I THINK WE HEAD TO TEST THE 1260 LINE, LONG @ 1253.50 @ 11:19, MY STOP IS 1252, MY TARGET IS THE 1260, MOVING MY STOP UP TO 1253 @ 11:24, THE TICK IS MAKING HIGHER LOWS AND THE XLF IS LEADING THE WAY.MOVING MY STOP UP TO 1254 @ 11:25, OUT AND REVERSE @ 1255.25 @11:28. GAIN ON THE LONG, 175 PTS, NOW SHORT @ 1255.25, MY STOP IS 1257, THE E PERIOD OPENS UP IN A COUPLE OF MINUTES, AND 4798 CONTRACTS CAME IN ON THE ASK AT 1256.25 AND WE DIDNT MOVE UP, THE TICK AND THE XLF IS NOW TURNING, MY TARGET IS THE 1249 AREA. THAT 4798 CONTRACTS THAT I SPOKE ABOUT SITTING ONTHE ASK IS PASSIVE SELLING. EXAMPLE, SELL 1 ES @ 1256.25 ON A LIMIT, ABSORBING ALL BIDS, HENCE A REVERSAL POINT. MOVING MY STOP DOWN TO 1255 @ 11:35, ALMOST AT MY TARGET, TRADING THE 49.75, OUT @ 1250.25 @ 11:43, GAIN 500 PTS, SHORT @ 1247 @ 12:46, MY STOP IS 1249, MY TARGET IS THE C PEROD LOW AT THE 1240 LINE, TH TICK IS WEAKING AND THE XLF IS SELLING OFF, MOVING MY STOP DOWN TO 1245 @ 12:57, OUT @ 1245 RIGHT TO THE TICK, DAMN, SOME PASSIVE BUYING CAME IN AT THE 42'S, GAIN 200 PTS, I MISSED THE BUY AT 1242.50, DAMN, SHORT @ 1244.50 @ 1:05,MY STOP IS 1246, WE RETESTED THE LOW VOLUME AREA OF TEH G PERIOD AT TEH 1245 LINE, RIGHT WERE I GOT STOPPED OUT, MY STOP ONTHE LAST TRADE WAS 2 TICKS TO CLOSE. MY TARGET IS THE SAME AT THE 1240 AREA, OUT @ 1241.50 @ 1:13, GAIN 300 PTS, LONG @ 1244 @ 1:26, MY STOP IS 1242, THE TICK IS MAKING HIGHER LOWS, AND WE HAVE GREEN VOLUME DELTA BARS COMING IN, MY TARGET IS THE E & F PEROID LOW AT THE 1247'S, OUT @ 1247 @ 1:30, PASSIVE SELLING COMING IN, SHORT @ 1246.50, MY STOP IS 1248.50, GAIN ON THE LONG 300 PTS, THAT WAS QUICK, MY TARGET ON THE SHORT IS THE H PERIOD LOW AT THE 1240'S, THERE IS SUPPLY ABOVE US FROM 1250-53, WE COULD RETEST THAT AREA. MOVING MY STOP DOWN TO 1247 @ 1:42 REVERSING @ 1246 @ 1:42, GAIN ON THE SHORT 50 PTS, NOW LONG @ 1246, MY STOP IS 1244, THE XLF IS MAKING HIGHER HIGHS, THE TICK IS MAKING HIGHER LOWS, MY TARGET IS THE 1250'S, OUT @ 1248 GAIN 200PTS, I MISSED THE SELL AT THE 1250 LINE, WAS BUSY ON THE PHONE, STANDING BY, SHORT @ 1249.50 @ 2:41, MY STOP IS 1251, THE XLF IS DIVERGING, MY TARGET IS THE 1244 LINE,VOLUME IS WEAK AT THE 2ND SD ATM ONTHE TICK CHART. STOPPED OUT LOSS 150 PTS, SHORT @ 1251.25 @ 2:45, MY STOP IS 1254,ABOVE THE VOLUME CLUSTER IN THE D PERIOD. STILL THE XLF IS DIVERGING, MY TARGET IS STILL THE H PERIOD LOW. MY TARGET IS THE POC AT 1246, STOPPED OUT, VOLUME HAS PUSHED UP TO THE VOLUME CLUSTER FROM THE D PERIOD, THE XLF IS RALLING AGIAIN, LOSS 275 PTS, SHORT @ 1255.25 @ 2:59, MY STOP IS 1258, THE XLF IS TURNING AS IS THE TICK. MY TARGET IS THE POINT OF CONTROL (POC) AT THE 1246 AREA, RESISTANCE IS AT 1260 ABOVE US, WE NEED A LOT OF VOLUME TO TAKE US UP PAST THERE. REVERSING @ 1253 @ 3:08, GAIN ON THE SHORT 225 PTS, NOW LONG FROM 1253, MY STOP IS 1251, THE ES IS HAVING GREEN VOLUME DELTAS COME IN AND THE XLF LOOKS TO BE HEADING HIGHER, WE MAY VERY WELL BE HEADED TO THE 1260-1266 AREA OF RESISTANCE, THE TICK IS MAKING HIGHER HIGHS, STANDING BY~~OUT @ 1255 AND REVERSE, GAIN ON THE LONG 200 PTS, NOW SHORT FROM 1255 @ 3:18, MY STOP IS 1257, THE TICK REVERSED AND DID THE XLF, MY TARGET IS AGIAN THE POC AT 1246, GETTING CHOPPY HERE NEAR THE HIGH, STANDING BY MY STOP AND MY TARGET. THE XLF IS STEADY, THE TICK IS MAKING LOWER HIGHS,LOOKS LIKE WE MIGHT CLOSE FLAT ON THE DAY IF WE DONT HIT THE 1246'S, MOVING MY STOP DOWN TO 1254 @ 3:33, MOVING MY STOP DOWN TO 1252 @ 3:35, TRADING THE 49'S NOW, DOWN TO 1250 @ 3:37, DOWN TO 1249 @ 3:38, OUT @ 1247 @ 3:39, WE HIT THE POC AT 1246.25, GAIN 800 PTS, THATS IT FOR ME TODAY, GOOD TRADING TO YOU.

TOTAL GAIN FOR THE DAY 4150 PTS

9/15

IT SHOULD BE AN INTERESTING DAY, WITH LOTS OF ROTATIONS AND OPPORTUNITIES, I WOULD THINK WE WOULD TEST BELOW THE GLOBEX LOW, AND HAVE TWO SIDED TRADE AT THE JULY LOW FOR A TIME, BUT ALSO A BUY RESPONSE AT SOME POINT, SHOULD BE A WILD DAY. LONG@ 1216.50 @ 9:32, MY STOP IS 1213, THE XLF IS LEADING THE WAY UP. VOLUME IS LIGHT ON THE OPEN, WE HAD VERY LITTLE SELLING ON THE OPEN,OR BUYING FOR THAT MATTER, JUST LOW VOLUME AND NOT MUCH VOLILTILATY AT ALL, I WAS EXPECTING A STRONG LEG DOWN AT THE OPEN BUT DIDNT HAPPEN, I THINK WE TRADE UP TO THE CLUSTER IN THE 1230'S, OUT @ 1217.50 @ 9:36, PASSIVE SELLING CAME IN AT 1218.50, GAIN 100 PTS. THE 5000 DELTA FOOTPRINT CHART HAS VERY NEUTRAL ACTION IN THE 1214-1218 RANGE. WAITING FOR A TEST A BIT LOWER. LONG @ 1214 @ 9:40, MY STOP IS 1212, THE XLF IS MAKING HIGHER HIGHS AND TEH TICK LOOKS LIKE IT IS BOUNCING OFF OF THE 2ND SD BTM. MOVING MY STOP UP TO 1219 @ 9:45, up to 1221 @ 9:47, stopped out gain 700 pts, long @ 1218.25 @ 9:58, my stop is 1216, the tick is not extending to the downside as much as you would think on this retracement from 1224-1216, moving my stop up to 1220.25 @ 10:08, stopped out, gain 200 pts, long @ 1222 @ 10:12, my stop is 1220, the xlf is surpisinly the laggard thus far, moving my stop up to 1224 @ 10:13, stopped out gain 200 pts, long @ 1225 @ 10:16, my stop is 1223, the xlf is still the laggard, that is potentially a problem, but the tick is making higher lows as is the xlb and xle. there is two sided trade up here in the 25's, the selling deltas up to this point though have been drying up. stopped out loss 200 pts, long @ 1224 @ 10:26, my stop is 1222, the tick is making higher lows, and the hit on the 2nd SD btm at -800, didnt make a lower low in price. volume deltas are agian green. OUT @ 1225.25, THE MAREKT IS RATHER BORING, GAIN 125 PTS, LONG @ 1226 @ 10:35, MY STOP IS 1224, PASSIVE BUYING IN THE 1225 LINE, THE TICK IS STILL MAKING HIGHER LOWS. MOVING MY STOP UP TO 1230 @ 10:36, THAT WAS QUICK, STOPPED OUT GAIN 400 PTS. THE XLF IS STILL THE LAGGARD, GREEN VOLUME DELTAS ARE COMING IN, LOOKING TO GET LONG AGIAN~~THE STOPPING POINT AT 1234.50 WAS THE A PERIOD LOW FROM FRIDAY.LONG @ 1228 @ 10:45, MY STOP IS 1226, MOVING MY STOP UP TO 1233 @ 10:54, UP TO 1236 @ 10:55, TEH XLF IS RALLYING FINALLY AND THE TICK IS GETTING STRONGER, STOPPD OUT GAIN 800 PTS, LONG @ 1236.50 @ 10:56, PASSIVE BUYING IN AT THE 1235.75 LINE, MY STOP IS 1234, STOPPED OUT LOSS 250 PTS, LONG @ 1235 @ 11:00, MY STOP IS 1233, THE XLF IS STILL DIVERGING, BUT THE INDEXS ARE STILL RISING, SELLING IS NOT DRIVING THE MARKET LOWER, GREEN DELTAS ARE LARGER THEN THE SELLING DELTAS ON RETRACEMENTS. STOPPED OUT LOSS 200 PTS, DAMN, LONG @ 1230.50 @ 11:09, WE ALMOST HIT THE B PEROD HIGH WHICH SHOULD BE SUPORT AT THE 28'S, MY STOP IS 1228, SELLING DELTAS ARE AT ABOUT ZERO, THE TICK HIT THE 2ND SD BTM AND CLOSED GREEN. MOVING MY STOP UP TO 1331 @ 11:22, THE XLF IS STEADY, THE TICK IS MAKING HIGHER LOWS. DAMN STOPPED OUT GAIN 50 PTS, LONG @ 1226.50 @ 11:31, MY STOP IS 1224.50, STOPPED OUT LOSS 200 PTS, WE ARE MOVING TO TEST THE LOWS, DAMN, TEH XLF IS LEADING THE WAY DOWN AS IS THE TICK, THERE IS A VOLUME CLUSTER IN THE 1217-1219 AREA THAT IS THE TARGET, PASSIVE BUYING COMING IN AT THE 1224'S, RETESTING THAT, LONG @ 1225 @ 11:39, MY STOP IS 1223, IF THIS FAILS, THE 1219'S ARE THE NEXT STOP. MY TARGET IS A ROTATION BACK TO THE UPPER END OF VALUE IN THE 1234'S. THE XLF DOJI'D AND THE TICK IS RALLING OFF OF THE 2ND SD BTM, SELLING DELTAS ARE DRYING UP OVER THE LAST MINUTES ALSO. STOPPED OUT LOSS 200 PTS, LONG @ 1222 @ 11:48, MY STOP IS 1219, THE 1221 LEVEL WAS THE SUPPORT LEVEL FROM 10:12 THIS MORNING ON THE 5 TICK REVERSAL SUPPORT THAT SENT US HIGHER, WE ARE RIGHT ABOVE THE 1219 LOW VOLUME AREA, MY TARGET IS THE OTHER END OF TEH RANGE. STOPPED OUT LOSS 300 PTS, LONG @ 1220 @ 11:59, STOPPED OUT RIGHT TO THE TICK? WTF. MY STOP IS 1218, WE COULD TEST THE 1216'S SO I WILL REENTER IF WE GET DOWN THERE. WELL WE HIT MY ORIGINAL TARGET IN THE 1219'S, IF I COULD ONLY LISTEN TO MYSELF A BIT MORE! , GEES, TRADING THE 1225'S, MY TARGET IS THE OTHER END OF VALUE IN THE 1233'S, OUT @ 1228 @ 12:14, PASSIVE SELLING IN THE 1229'S, WILL REENTER, GAIN 800 PTS, LONG @ 1225 @ 12:56, MY STOP IS 1223, PASSIVE BUYING AT THE 1224 LINE, MY TARGET IS THE 1231-1236 AREA, THERE IS SOME VOLUME AT THE D PERIOD HIGH THAT SENT US LOWER. OUT @ 1232 @ 12:21, PASSIVE SELLING IN THE 1233 LINE, GAIN 700 PTS, SHORT @ 1228.50 @ 12:26, MY STOP IS 1231.50, THE TICK JUST HIT THE 2ND SD ATM AND THE XLF SEEMS TO BE REVERSING, GREEN VOLUME DELTAS ARE DECREASING ALSO. MY TARGET IS THE 1222-1224'S WE ARE TRADING THE 24'S OUT @ 1224.50 @ 12:36, GAIN 400 PTS, LONG @ 1224 @ 12:48, MY STOP IS 1222, THIS IS RIGHT ABOVE THE LAST TIME WE RALLIED, THE ES AND THE XLF DOJI'D ALSO, MY TARGET IS THE 1231-1233 AREA, MOVING MY STOP UP TO 1227 @ 12:49, STOPPD OUT, THAT WAS QUICK, STOPPED OUT, GAIN 300 PTS, LONG @ 1225 @ 12:51, MY STOP IS 1223.50, THIS IS NOT THE BEST TRADE LOCATION IN THE POC AREA, BUT WE HAVE SOME VOLITILITY SO I AM LOOKING FOR A FEW POINTS BACK UP TO THE 1229-1231 AREA. MOVING MY STOP UP TO 1226 @ 12:54, THE XLF IS TURNING GREEN AS ARE THE VOLUME DELTAS, UP TO 1228 @ 12:55, GETTING CLOSE TO MY TARGET, OUT @ 1230.25 @ 12:56, GAIN 525 PTS, LONG @ 1227.50 @ 1:15, 2000 BIDS CAME IN AT THE 1227.50 LINE, AND THE SELLING VOLUME DELTAS ARE DRYING UP, MY TARGET IS THE 1232 AREA, THE CURRENT H PERIOD HIGH. MY STOP IS 1226. IF THE 1226'S FAIL THE NEXT AREA OF INTEREST IS THE 1222'S, STOPPED OUT LOSS 150 PTS. LONG @ 1223.75 @ 1:32, MY STOP IS 1222, I FEEL MORE CONFORTABLE WITH THE 23'S THAN THE 27'S, MY TARGET IS THE 1232'S, THE XLF LOOKS TO BE REVERSING AND ALL THE SELLILNG IN THE TICK IS NOT TAKING US MUCH LOWER, STOPPED OUT RIGHT TO THE TICK? LOSS 175 PTS, LONG @ 1222.50 @ 1:37, MY STOP IS 1219, STOPPED OUT LOSS 350 PTS, DAMN, LONG @ 1219.25 @ 1:42, MY STOP IS 1216, THIS IS AT THE LOW END OF THE VOLUME CLUSTER THAT SENT US HIGHER IN THE A PERIOD THIS MORNING. STOPPED OUT LOSS 325 PTS, DAMN, DAMN, SHOULD HAVE TAKEN LUNCH LIKE I ORGINALLY WANTED TO DO! LOL, THE XLF IS MAKING LOWER LOWS AS IS THE TICK, SHORT @ 1217 @ 1:56, MY STOP IS 1218, MY TARGET IS 1212.50, REVERSING @ 1218, NOW LONG FROM 1218, LOSS ON THE SHORT 100 PTS, MY STOP IS 1215 WE WERE GETTING SOME BLUE AND WHITE ON THE 5000 DELTA FOOTPRINT CHART AS I WAS TYPING BEFOE THE XLF WAS REVESING, AFTER ALL THOSE LONG ATTEMPTS, THEY CAUGHT ME SHORT AT THE LOW, LMAO. MY TARGET ON THE LONG IS THE OTHER END OF THE RANGE IN THE 1230'S, OUT @ 1221 @ 2:08,WE BOUNCED OFF OF THE H PERIOD LOW RESISTANCE, AND ALSO THE 2ND SD ATM. GAIN 300 PTS, WILL REENTER LOWER, LONG @ 1219.50 @ 2:14, MY STOP IS 1217 , THERE IS GREEN VOLUME DELTAS AND THE TICK IS MAKING HIGHER LOWS, THE XLF LOOKS TO BE REVERSING. MOVING MY STOP UP TO 1223 @ 2:19, STOPPED OUT GAIN 350 PTS, LONG@ 1221.50 @ 2:22, MY STOP IS 1220, VOLUME IS RATHER ERRATIC, I THINK WE MIGHT HAVE GOTTEN SOME SHORT COVERING ON THE POP TO THE 26'S STOPPED OUT LOSS 150 PTS, VOLUME IS LIGHT, LONG @ 1220.25 @ 2:31, MY STOP IS 1219, MY TARGET IS THE 1232'S, 1319 CAME IN PASSIVLY AT THE BID AT 1220 LINE, THE TICK IS MAKING HIGHER LOWS AND SELLING DELTAS ARE DECREASING. THE XLF IS STEADY, STOPPED OUT LOSS 125 PTS, SHORT @ 1216 @ 2:41, LOOKS LIKE THINGS ARE BREAKING DOWN, MY STOP IS 1217.50, MY TARGET IS THE GLOBEX LOW IN THE 1203'S IF WE BREAK BELOW THE A PERIOD LOW ON VOLUME.MOVING MY STOP DOWN TO 1214, DAMN, STOPPED OUT GAIN 200 PTS, SHORT @ 1217.50 @ 2:53, MY STOP IS 1220, MOVING MY STOP DOWN TO 1219 @ 2:59, DOWN TO 1216 @ 3:04, DOWN TO 1214 @ 3:05, DOWN TO 1213 @ 3:07, DOWN TO 1210 @ 3:08, OUT @ 1209 @ 3:09, GAIN 850 PTS, SHORT @ 1208.25 @ 3:12, MY STOP IS 1210, MY TARGET IS THE GLOBEX LOW IN THE 1203-1200 AREA. STOPPED OUT LOSS 175 PTS, SHORT @ 1209.50 @ 3:15, MY STOP IS 1211.50, THE XLF IS HEADING LOWER AFTER A QUICK REVERSAL, THE TICK TRIED TO HIT THE 2ND SD ATM BUT IS MAKING HIGHER LOWS., THE DEVIATION FORCAST IS HEADING LOWER THOUGH, (THE GREEN AND RED 2ND SD LINES), MOVING MY STOP DOWN TO 1208 @ 3:20, OUT @ 1207 @ 3:21, PASSIVE BUYING IN THE 1205'S, GAIN 250 PTS, SHORT @ 1205.50 @ 3:23, IT LOOKS LIKE WE WANT TO GO LOWER, MY STOP IS 1207, THE TICK IS WEAK AS IS THE XLF, MY TARGET IS THE 1200 LOW FROM JULYOUT @ 1204. GAIN 150 PTS, PASSIVE BUYING IN THE 1203'S AND WE TOOK OUT THE GLOBEX LOWS. SHORT @ 1205 @ 3:28, PASSIVE SELLING IN THE 1206 AND THE 1205 LINE, MY STOP IS 1206.50,MY TARGET IS THE CLOSE, MOVING MY STOP DOWN TO 1204 @ 3:29, STOPPED OUT 100 PTS. LONG @ 1208 @ 3:32, MY STOP IS 1206, SEEMS THAT THE LOW IS IN TODAY, SHORT COVERING A BIT,MAYBE TO 1215?, THAT IS MY TARGET. YES THE NEWS ON AIG THAT JUST CAME OUT IS DRIVING SHORT COVERING, YES!! OUT @ 1214 @ 3:35, GAIN 600 PTS, THAT IS IT FOR ME TODAY, I AM TAKING A NAP! WHAT A DAY, GOOD TRADING TO YOU. WHAT THE HELL, LONG @ 1211 @ 3:41, MY STOP IS 1209, PASSIVE BUYING IS COMING IN AT THE 1210 LINE AND THE TICK IS BUILDING HIGHER HIGHS AND THE XLF IS GREEN, MY TARGET IS THE 1215, OUT @ 1212 @ 3:43, PASSIVE SELLING COMING IN AT THE 1214.25, GAIN 100 PTS, SHORT @ 1211 @ 3:44, MY STOP IS 1213, MY TARGET IS THE CLOSE EVERYTHING IS REVERSING THE TICK, THE XLF THE VOLUME, ~~PASIVE BUYING COMING IN AT THE 1206'S, OUT 1207.50 @ 3:47, GAIN 350 PTS, SHORT @ 1207 @ 3:48, MY STOP IS 1209, MY TARGET IS THE CLOSE, I DONT KOW WHAT TO THINK ABOUT THIS MARKET, WE HAVE A NEUTRAL DAY IN TERMS OF LONG /SHORT ACTIVITY, THE TOTAL DELTA IS ONLY -4500 @ 3:50PM, WE COULD VERY WELL BREAK THE 1201 LEVEL IN THE NEX 10 MINUTES, AND HAVE A BIG LEG DOWN, MY TARGET IS THE 4:15 PM TIMEWISE, MOVING MY STOP DOWN TO 1202 @ 3:52, STOPPED OUT GAIN 500 PTS, THATS IT FOR ME, I AM WORN OUT! GOOD TRADING TO YOU. THERE IS NO BUYING HERE IN THE 1203'S, SHORT @ 1201 @ 3:59, MY STOP IS 1203, MY TARGET IS 4:15, MOVING MY STOP TO 1200 @ 4:03, TRADING THE 1196'S WOW! OUT @ 1197 @ 4:03, I CANT TAKE IT ANY MORE! GAIN 400 PTS, THATS IT, GOOD TRADING TO YOU.

TOTAL GAIN FOR THE DAY 6525 PTS

9/15 GLOBEX

SHORT @ 1191 @ 8:20, MY STOP IS 1193, 1726 CONTRACTS CAME IN ON THE ASK PASSIVLY, MY TARGET, WHO KNOWS, MOVING MY STOP DOWN TO 1189 @ 8:34, MOVING MY STOP DOWN TO 1185 @ 8:20, STOPPED OUT @ 9:20, GAIN 600 PTS. SHORT @ 1285 @ 9:35, MY STOP IS 1287, WE GOT STOPPED OUT ALMOST TO THE TICK AT THE I PERIOD HIGH, MY TARGET IS THE 1179 LOW OR LOWER, OR THE OPEN ON TUESDAY. I AM GOING TO BE GONE FOR A COUPLE OF HOURS IN THE AM TOMORROW. MOVING MY STOP DOWN TO 1283 @ 9:54, MOVING MY STOP DOWN TO 1282 @ 10:15PM, OUT @ 1176.50 @ 10:45, GETTING SOME SLEEP, SHOULD BE AN INTERESTING DAY TOMORROW AFTERNOON. GAIN 850 PTS.

TOTAL GAIN FOR THE DAY 1450 PTS

9/16

I HAVE CHANGED MY SCHEDULE TODAY, SO THAT I CAN SEE IF ANY TRADING OPPORTUNITIES ARE HERE THIS MORNING, STANDING BY~LONG @ 1172 @ 9:32, MY STOP IS 1269, MOVING MY STOP UP TO 1173 @ 9:34, STOPPED OUT GAIN 100 PTS, LONG @ 1174 @ 9:41, MY STOP IS 1172, THE TICK IS RISING AND THE XLF IS LEADING THE WAY, MOVING MY STOP UP TO 1178 @ 9:42, MOVING MY STOP UP TO 1179 @ 9:49 OUT AND REVERSE @ 1181 @ 9:50, NOW SHORT @ 1181, MY STOP IS 1283.50, GAIN ON THE LONG 700 PTS, MOVING MY STOP DOWN TO 1180 @ 9:54, THE XLF AND THE ES DOJI'D WHEN THE TICK HIT THE ZERO LINE MY TARGET IS THE 1172 AREA, THERE I A BLOCK OF VOLUME IN THE A PERIOD THAT SENT US UP FROM THERE IN THE 1171'S, MOVING MY STOP DOWN TO 1176 @ 9:56, OUT @ 1173.75 @ 9:57, WE TOUCHED THE 7275'S, GAIN 725 PTS, LONG @ 1177 @ 10:02, MYS TOP IS 1174, PASSIVE BUYING CAME IN AT THE 74'S, IT WOULD HAVE BEEN NICE TO GET THE 76'S BUT I WAS TO SLOW. THE XLF IS AGAIN LEADING THE WAY AS IS THE GREEN VOLUME DELTAS ARE PICKING UP, MY TARGET IS THE A PERIOD HIGH IN THE 1185'S, SINCE WE DIDNT TEST THE A PERIOD LOW, THERE IS A GOOD CHANCE THAT WE MAKE A CONSIDERABLE HIGER HIGH, MOVING MY STOP UP TO 1180 @ 10:05OUT @ 1184.25 @ 10:09, PASSIVE SELLING IN TEH 86'S, GAIN 725 PTS, SHORT @ 1283.50 @ 10:10, MUY STOP IS 1186, THE ES AND THE TICK DOJI'D, GREEN VOLUME DELTAS ARE DRYING UP, MY TARGET IS TEH 1178'S OR LOWER. STOPPED OUT LOSS 250 PTS, I SAW THE SIGNS FOR REVERSAL AND IGNORED THEM, PASSIVE BUYING CAME IN ON THE BID IN THE 81'S, LONG @ 1186.50 @ 10:14, MY STOP IS 1183, MY TARGET IS YERSTERDAYS CLOSE AT 1196, THE XLF IS AGIAN LEADING THE WAY AS IS THE TICK, GREEN DELTAS ARE BACK, OUT AND REVERSE @ 1188 @10;17, NOW SHORT @ 1188, MY STOP IS 1190, GAIN ON THE LONG 150 PTS, PASSIVE SELLING IN THE 1190'S, MOVING MY STOP DOWN TO 1187 @ 10:20, STOPPED OUT GAIN 100 PTS, MAN THIS IS A QUICK MARKET. LONG @ 1189 @ 10:24, MY STOP IS 1286, MY TARGET IS THE 1196 AREA, YESTERDAYS CLOSE. STOPPED OUT LOSS 300 PTS, LONG @ 1287 @ 10:27, MY STOP IS 1285, MY TARGET IS THE SAME, I ONCE AGIAN, GOT STOPPED OUT RIGHT TO THE TICK ON THE LAST TRADE. OUT @ 1190.25 @ 10:31, PASSIVE SELLING IN THE 1191'S, GAIN 325 PTS, SHORT @ 1188.75 @ 10:41, MY STOP IS 1192, THE ES AND THE XLF DOJI'D, OUT @ 1186 @ 10:45, WE JUST HIT THE A PERIOD HIGH, GAIN 275 PTS, DAMN GOT OUT TO EARLY. LONG @ 1188 @ 10:53, WE BOUNCED OFF OF THE 1183 LINE AND NOW NEWS CAME OUT ABOUT AIG, MOVING MY STOP UP TO 1190 @ 10:54, UP TO 1196 @ 10:58, STOPPED OUT GAIN 800 PTS, THIS HAS BEEN A WILD MORNING I AM TAKING A BREAK, LONG @ 1201 @ 11:01, I MISSED THE 97'S, BUT WE ARE GOING HIGHER, THE TICK IS STRONG,AND TEH XLF IS ALSO, MY STOP IS 1200, THE MARKET IS CHOPPY AND QUICK, I LOVE IT! MOVING MY STOP UP TO 1202 @ 11:06, STOPPED OUT GAIN 100 PTS, DAMN RIGHT TO THE TICK JUST ABOUT AGAIN! LONG @ 1202.50 @ 11:08, MY STOP IS 1201, THAT WAS QUICK, STOPPED OUT LOSS 150 PTS, LONG @ 1199 @ 11:14, MY STOP IS 1195, I WOULD HAVE LIKE TO GOT THE 92'S OR THE B PERIOD HGH, AS I TYPE, ALMOST STOPPD OUT, BUT NOT QUITE, MY TARGET IS THE HIGH THE TICK IS MAKING HIGHER LOWS, BUT ALSO LOWER HIGHS, STOPPED OUT LOSS 400 PTS, THAT HURT! SHORT @ 1191 @ 11:23, MY STOP IS 1194, THE TICK IS WEAKING AND THE XLF IS SELLING OFF, PASSIVE SELLING COMING IN AT THE 1192'S, WOW, MOVING DOWN QUICKLY, MOVING MY STOP DOWN TO 1188,OUT @ 1186.50 @ 11:25, THERE IS A BLOCK OF VOLUME HERE IN TEH B PERIOD, GAIN 450 PTS, LONG @ 1285.50 @ 11:31, MY STOP IS 1284, THE TICK IS MAKING HIGHER LOWS AND THE XLF LOOKS LIKE IT WANTS TO REVERSE, WE ARE ALSO AT TEH D PERIOD LOW, MY TARGET IS THE 1200 AREA, MOVING MY STOP UP TO 1186 @ 11:41, STOPPED OUT GAIN 50 PTS, SLOW ON MOVING ON THAT ONE, OH WELL, LONG @ 1186 @ 11:42, MY STOP IS 1285, 1140 CAME IN ON THE BID AT 1285.25, THE TICK IS MAKING HIGHER HIGHS DOWN HERE IN THE 84-86'S, MY TARGET IS THE MID 1190'S MOVING MY STOP UP TO 1286 @ 11:45, UP TO 1187 @ 11:47, UP TO 1188 @ 11:49, UP TO 1189 @ 11:53, OUT @ 1191.50 @ 11:54, PASSIVE SELLING IN THE 92'S, TAKING A BREAK, GAIN 550 PTS, SHORT @ 1196.50 @ 12:05, MY STOP IS 1198, I MISSED THE 98'S, PASSIVE SELLING CAME IN AT THE 99'S, THE ES DOJI'D, AND THE F PERIOD WENT RIGHT TO A LOW VOLUME AREA AT THE 1200 AREA, MOVING MY STOP DOWN TO 1194 @ 12:09,MY TARGET IS THE E PERIOD LOW IN THE 1183'S, TEH TICK IS BACK AND FORTH, MAKING HIGHER LOWS, AND LOWER HIGHS, THE XLF IS STEADY.STOPPED OUT GAIN 250 PTS, LONG @ 1196 @ 12:19, THE TICK AND THE XLF IS BREAKING UP, , MY STOP IS 1195, I AGIAN IGNORED A REVERSE SIGNAL IN THE 1293'S, BUT I THINK WE CAN GET TO THE A PEROD HIGH, OUT @ 1198.75 @ 12:20, PASSIVE SELLING IN THE 1200 LINE, THIS IS AGIAN RIGHT AT THAT LOW VOLUME AREA I SPOKE ABOUT, GAIN 275 PTS, SHORT @ 1199 @ 12:25, MY STOP IS 1201, TEH ES AND THE XLF JUST DOJI'D AND THE TICK JUST HIT THE 2ND SD ATM, MY TARGET IS THE 1190 AREA, THE F PERIOD LOW. MOVING MY STOP DOWN TO 1198, DAMN STOPPED OUT, GAIN 100PTS, THAT WAS DISAPPOINTING. WE TRADED THE 95'S THAN BOOM, SHORT AGIAN @ 1199 @ 12:28, MY STOP IS 1201, SAME TARGET. MOVING MY STOP DOWN TO 1298 @ 12:41, DOWN TO 1197 @ 12:45, THE TICK IS MAKING HIGHER LOWS, MOVING MY STOP DOWN TO 1196 @ 12:46, STOPPED OUT GAIN 300 PTS, SHORT @ 1199.50 @ 1:19,MY STOP IS 1202,WE TOOK OUT THE F PERIOD HIGH BY A TICK, VOLUME IS LIGHT AND NEUTRAL, THE TICK IS STILL MAKING HIGHER LOWS, THE XLF IS STEADY FOR THE MOST PART, MY TARGET IS THE H PERIOD LOW IN THE 1195 AREA, MOVING MY STOP DOWN TO 1201 @ 1:33, DOWN TO 1200 @ 1:42, DOWN TO 1198 @1:43, DOWN TO 1197 @ 1:47, DOWN TO 1196 @ 1:48, VOLUME IS STILL NEUTRAL, THE TIDCK IS MAKING LOWER HIGHS,MY TARGET IS THE 1190 AREA OR LOWER DEPENDING ON THE FOMC. DOWN TO 1195 @ 1:52, DOWN TO 1194 @ 1:53 STOPPED OUT GAIN 550 PTS, STANDING BY~~LONG @ 1182 @ 2:16, MY STOP IS 1179, THE 76'S WERE THE BETTER TRADE LOCATION, BUT NO WAY COULD YOU GET THAT WITH ANY REASOABLE STOP AT THE SAME TIME, MOVING MY STOP UP TO 1184 @ 2:17, THE 1274-1280 AREA WAS ALL LOW VOLUME AREA STOPPED OUT GAIN 200 PTS, LONG @ 1178 @ 2:22, MY STOP IS 1176, THE TICK ONLY HIT -800 AND IS TURNING GREEN, SELLING DOESNT SEEM TO BE VERY AGRESSIVE IN THE 76'S WHICH IS THE LOW OF THE LOW VOLUME AREA I SPOKE ABOUT. HOPEFULLY WE BREAK UP TO TEST THE 1200 AREA, THE TICK IS STARTING TO RALLY, WE MIGHT HAVE REALLY GOOD TRADE LOCATION ON THIS ONE, LETS SEE HOW I DO ON MANAGING MY TRAILING STOP AND SEE HOW I GOOD I CAN MAXIMIZE IF IN FACT WE ARE IN NEAR THE LOW ON THE NEWS MOVE. MOVING MY STOP UP TO 1182 @ 2:31 UP TO 1186 @ 3:32,STOPPED OUT GAIN 800 PTS, LONG @ 1186.75 @ 2:34, MY STOP IS 1184, MY STOP WAS JUST A BIT CLOSE. STOPPED OUT LOSS 275 PTS, WHAT WAS THAT, TRADING THE 94'S? WE WERE JUST TRADING TEH LOW 80'S! LONG @ 1194.25 @ 2:39,MY STOP IS 1192, MOVING MY STOP UP TO 1202 @ 2:40, STOPPED OUT GAIN 775 PTS, WOW THAT WAS WILD. THAT LAST TRADE WAS BAD FOR ANYBODY THAT WAS SHORT INTHE 80'S THATS FOR SURE. THE XLF RALLIED AS DID THE TICK, LOOKING FOR A REETNRY, LONG @ 1199 @ 2:45, MY STOP IS 1196, THE TICK IS MAKING HIGHER LOWS ON THIS RETRACEMENT, MOVING MY STOP UP TO 1299.25, UP TO 1202 @ 2:47, UP TO 1203 @ 2:48, STOPPED OUT GAIN 400 PTS, LONG @ 1204 @ 2:49, MY STOP IS 1201, MY TARGET IS 1215 THE RESISTANCE AREA FROM YESTERDAY WHERE WE SOLD DOWN FROM, THE TICK AND THE XLF LOOK LIKE THEY WANT TO BREAK HIGHER ON THIS TRADE BETWEEN THE 1207-1203'S. VOLUME SURE IS ERRATIC THOUGH, SO FAR SO GOOD, MOVING MY STOP UP TO 1204.25 @ 2:55, MOVING MY STOP UP TO 1205 @ 2:56, UP TO 1207 @ 2:58, STOPPED OUT GAIN 300 PTS, I WOULD CONSIDER A LONG IN THE 1202'S, SHORT @ 1207.25 @ 3:02,MY STOP IS 1209, THE XLF DOJI'D, THE TICK IS MAKING LOWER HIGHS AT THE 2ND SD ATM. MY TARGET IS THE 1202'S, MOVING MY STOP DOWN TO 1208 @ 3:06, DAMN, STOPPED OUT LOSS 75 PTS, LONG @ 1207.50 @ 3:07, THE XLF IS RALLYING FOR ANOTHER LEG UP, MY STOP IS 1204, MOVING MY STOP UP TO 1206, THE TICK IS STILL MAKING HIGHER LOWS AND GREEN VOLUME DELTAS ARE GROWING, MOVING MY STOP UP TO 1208 @ 3:16, MOVING MY STOP UP TO 1211 @ 3:20, STOPPED OUT @ 1211, GAIN 350 PTS, LONG @ 1207 @ 2:33, MY STOP IS 1204 THE TICK IS MAKING HIGHER LOWS AFTER A NICE RETRACEMENT OF OFF THE HIGHS. PASSIVE BUYING COMING IN AT THE 1205'S TOO. MOVING MY STOP UP TO 1205 @ 3:37, UP TO 1207.25 @ 3:38, UP TO 1209 @ 3:40 STOPPED OUT GAIN 200 PTS, LEFT TO MUCH ONTHE TABLE ON THAT ONE, WE WERE TRADING THE 14'S A MINUTE AGO, NONE THE LESS, A GAIN. LONG @ 1209.50 @ 3:43, MY STOP IS 1207, THE TICK IS STILL MAKING HIGHER LOWS, STOPPED OUT LOSS 250 PTS, RIGHT TO THE TICK? LONG @ 1208.75 @ 3:47, MY STOP IS 1207, MOVING MY STOP UP TO 1209 @ 3:49, UP TO 1211 @ 3:50 UP TO 1212 @ 3:51, OUT @ 1213.75 @ 3:52, PASSIVE SELLING CAME IN AT THE 1215 LINE , GAIN 500 PTS, THATS IT FOR ME TODAY, I WAS LOOKING FOR THE MARKET TO GET TO THE 1224'S BUT IT DOESNT LOOK LIKE IT IS GOING TO, A WILD COUPLE OF DAYS FOR SURE, GOOD TRADING TO YOU. LONG @ 1211.50 @ 3:56, MY STOP IS 1209, THE XLF IS RALLYING AS IS THE TICK, STILL 20 MINUTES LEFT, WHAT THE HELL~~MOVING MY STOP UP TO 1213 @ 4PM, STOPPED OUT GAIN 150 PTS,LONG @ 1213 @ 4:02,MY STOP IS 1211.50, MY TARGET IS THE HIGHS, THE 1215'S WOULD BE NICE, A LIMIT ORDER AT 1215, COME ON BABY, OUT @ 1213.50 @ 4:04, GAIN 50 PTS, YESS, A NEW ONE DAY RECORD!

TOTAL GAIN FOR THE DAY 8850 PTS

GLOBEX 9/16

LONG @ 1206.75 @ 7:04, MY STOP IS 1203, I JUST HEARD ON CNBC THAT AIG HAS THE MONEY, I AM MOVING MY STOP UP TO 1210 @ 7:13, MY TARGET IS SOMEWHERE NEAR TODAYS CLOSE IN THE 1217'S, I TYPICALLY DONT TRADE GLOBEX, BUT THESE ARE UNUSUAL TIMES! MOVING MY STOP UP TO 1214 @ 7:19, OUT @ 1218 @ 7:20, A NICE MOVE, ALOT EASIER THEN SOME TRADES DURING THE DAY! I WOULDNT WANT TO DO IT ALL THE TIME THOUGH, JUST GOOD TIMING TONIGHT. GAIN 1125 PTS.

TOTAL GAIN FOR THE DAY 1125 PTS

9/17

GLOBEX, WHAT A WILD RANGE!, THE 1174'S-1176'S THE FOMC LOW LOOK LIKE AN AREA OF INTEREST OR THE B PERIOD LOW IN TEH 1174'S, THE 1186 AREA IS THE HIGH VOLUME LINE ON THE LOWER VOLUME CLUSTER ALSO. LOOKS LIKE ANOTHER WILD DAY! SHORT @ 1189 @ 9:32, MY STOP IS 1191, MY TARGET IS THE 1177'S OUT @ 1188 @ 9:37, GAIN 100 PTS, THE TICK AND VOLUME DELTAS ARE GREEN AS PRICE GOES LOWER, LONG @ 1189 @9:38, MY STOP IS 1187, NOTICE THE A PERIOD WENT RIGHT TO THE HIGH VOLUME LINE AT THE 1186 AREA FROM YESTERDAYS LOWER VOLUME CLUSTER, MOVING MY STOP UP TO 1191 @ 9:41, MY TARGET IS THE 1204'S, MOVING MY STOP UP TO 1293 @ 9:44 OUT @ 1194 @ 9:44, GAIN 500 PTS, PASSIVE SELLING CAME IN AT THE LOW VOLUME AREA FROM YESTERDAYS J PERIOD IN THE 1198'S, WAS LATE IN MY EXIT, WITH MY TRAILING STOP, THE XLF DOJI'D AND THE TICK IS WEAK, WE DO HAVE MORE BUYING VOLUME THOUGH. THE 1203-1176 AREA IS THE BODY OF THE BIG VOLUME CLUSTER FROM YESTERDAY. LONG @ 1194 @ 9:49, MY STOP 1193, OUT @ 1195.50 @ 9:51, PASSIVE SELLING AT THE 1196-97 AREA, GAIN 150 PTS, SHORT @ 1195.50 @ 9:54, MY STOP IS 1197.50, PASSIVE SELLING IN THE 96'S, AND THE 98'S, STOPPED OUT LOSS 200 PTS, SHORT @ 1198 @ 9:57, MY STOP IS 1201, PASSIVE SELLING IN THE 1199'S, THE GREEN VOLUME DELTAS THAT WE HAVE HAD THUS FAR ARE DRYING UP, THE TICK IS STEADY AT THE ZERO LINE, THE XLF IS STEADY AND LOOKS TO BE REVERSING.MOVING MY STOP DOWN TO 1200 @ 9:59 STOPPED OUT LOSS 200 PTS, DAMN, LONG @ 1198.50 @ 10:01, MY STOP IS 1196, THE XLF IS HEADING HIGHER AND THE GREEN DELTAS ARE BACK, WE DO HAVE RESISTANCE ABOVE US AT THE 1204, THAT IS MY TARGET. OUT @ 1199.50 @ 10:05 AND REVERSE, NOW SHORT AT 1199.50, MY STOP IS 1201, WE ONLY TOOK THE A PERIOD HIGH OUT BY A TICK, AND TEH TICK IS MAKING LOWER HIGHS, AND MOSTLY NEGATIVE, GAIN ON THE LONG, 100 PTS, MOVING MY STOP DOWN TO 1198 @ 10:07, OUT @ 1196 @ 10:10, PASSIVE BUYING IN THE 1194'S, GAIN 350 PTS, SHORT @ 1196 @ 10:13, MY STOP IS 1198.50, THE TICK IS MAKING LOWER LOWS I THINK WE CONINTUE DOWN TO THE LOWER VOLUME CLUSTER IN TEH 1188-1190, OUT @ 1194.25 @ 10:15, 1448 CAME IN PASSIVELY ON THE BID, GAIN 175 PTS. LONG @ 1196 @ 10:16, MY STOP IS 1294. THE TICK NOW IS MAKING HGHER LOWS, AND THE ES DOJI'D AND SELLING DELTAS ARE TURNING GREEN, WE DID GET TO A LOW VOLUME AREA IN THE A PERIOD COLUMN, STOPPED OUT LOSS 200 PTS, VOLUME IS LIGHT AND ERRATIC, YOU HAVE TO BE QUICK OR HAVE LARGER STOPS, LONG @ 1294.25 @ 10:19, MY STOP IS 1292, I DONT THINK THIS IS THE BEST TRADE LOCATION, IF THIS DOESNT WORK, I AM TAKING A BREAK, TO CHOPPY FOR MY TASTE, STOPPED OUT LOSS 225 PTS, LONG @ 1289.50 @ 10:29, MY STOP IS 1287.50 THE ES DOJI'D AT THE LOW, AND GREEN VOLUME DELTAS ARE BACK, THE TICK TURNED GREEN AT THE 2ND SD BTM ALSO, A HARD START TO THE DAY! STOPPED OUT LOSS 200 PTS, SHORT @ 1188 @ 10:36, MY STOP IS 1191, THE TICK MAKE A HIGHER HIGH AT +400, BUT PRICE DIDNT MOVE AS THE XLF CONTINUES LOWER, MOVING MY STOP DOWN TO 1187.75, DOWN TO 1186 @ 10:40OUT @ 1184 @ 10:41, PASSIVE BUYING COMING IN AT THE 1183'S, GAIN 400 PTS, THERE IS A VOLUME CLUSTER IN THE 1180 AREA THAT COULD BE SUPPORT. LONG @ 1184 @ 10:43, MY STOP IS 1182,WE HAVE THAT BLOCK I SPOKE ABOUT BELOW US AND THE XLF DOJI'D AND IS REVERSING, THE TICK IS ALL GREEN BUT STILL BELOW THE ZERO LINE BUT HEADING HIGHER. OUT @ 1184.75, GAIN75 PTS, PASSIVE SELLING IN THE 54 & THE 86'S, DAMN, SHORT @ 1184 @ 10:49, MY STOP IS 1186 THE TICK IS DEFINATLY WEAK, CANT EVEN GET ABOVE THE +400 LEVEL, AND WE CANT GET ANY CONTINUATION, JUST DOWN A POINT OR TWO, AND CHOP, COME ON ALREADY, MOVING MY STOP DOWN TO 1283.75 @ 10:51, OUT @ 1182 AND REVERSE @ 10:51, 1171 CAME IN ON THE BID IN THE 181 LINE, GAIN ON THE SHORT 200 PTS, NOW LONG AT 1182, MY STOP ON THE LONG IS 1180. THE XLF IS NOT MAKING LOWER LOWS, AND THE TICK IS MAKING HGHER LOWS, AND SELLING DELTAS ARE NOT INCREASING. WE HIT THAT VOLUME CLUSTER WHEN THE 1171 CAME IN AT THE BID @ 1181, MOVING MY STOP UP TO 1183 @ 10:56 OUT @ 1185 @ 10:59, GAIN 300 PTS, PASSIVE SELLING AT THE 1186 LINE. SHORT @ 1179.75 @ 11:11, MY STOP IS 1182, THE 80 SUPPORT LEVEL IS GIVING, THE XLF IS LEADING LOWER, THE TICK IS MAKING LOWER HIGHS, MY TARGET IS THE J PERIOD LOW FROM YESTERDAY IN THE 1174 AREA, SELLING VOLUME DELTAS ARE PICKING UP.MOVING MY STOP DOWN TO 1180 @ 11:15, OUT @ 1178.25 @ 11:16, PASSIVE BIDS AT THE 77'S, GAIN 150 PTS, THIS IS HARD TRADING TODAY, A LOT OF TWO SIDED TRADE AS WE GRIND LOWER. LONG @ 1179.25 @ 11:23, MYSTO IS 1177, THE TICK IS STILL WEAK, BUT I WOULD EXPECT A ROTATION UP TO THE D PERIOD HIGH IN THE 1185'S, TEH SELLING DELTAS ARE TURNING GREEN IN THE 77'S-79'S, MY TARGET IS THE 1185, STOPPED OUT LOSS 225 PTS, SHORT @ 1176.75 @ 11:27, MY STOP IS 1179, THE XLF IS LEADING THE WAY LOWER. MOVING MY STOP DOWN TO 1175 @ 11:29, DOWN TO 1173 @ 11:30, OUT @ 1172, TAKING MY POINTS, GAIN 475 PTS, WILL REENTER HIGHER, SHORT @ 1174 @ 11:37, MY STOP IS 1176, I WAS HOPING FOR THE 1180'S BUT THE XLF AND THE TICK IS REAL WEAK, I DONT THINK WE CAN GET THAT FAR UP. TEH 1176 AREA ON THD D PROFILE COLUMN HAS LIGH VOLUME AREA INTHIS 1176-1171 SPACE, MY TARGET IS THE 1171'S OUT @ 1173 @ 11:42, WE BOUNCED OFF OF THE 1172 IN THE TICK AND THE XLF, GAIN 100 PTS, THAT WAS DISSAPPOINTING, THE TICK IS MAKING HIGHER LOWS, BUT BUYING DELTAS ARE DRYING UP, SHORT @ 1176 @ 11:44, MY STOP IS 1178,STOPPED OUT LOSS 200 PTS, DAMN, WE ARE HEADING UP TO THE 1180 AREA, WE ARE AT THE 2ND SD ATM NOW, SHORT @ 1180.75 @ 11:47, MY STOP IS 1182, TEH TICK IS REVESING OFF OF THE 2ND SD ATM, MY TARGET ARE THE LOWS IN E PERIOD NEAR THE 1169'S, MOVING MY STOP DOWN TO 1179 @ 11:55 OUT @ 1166 @ 10:07, PASSIVE BUYING CAME IN ATE TEH 1165'S. GAIN 1475 PTS, FINALLY! MAN I SHOULD HAVE REVERSED ON THAT ONE. SHORT @ 1170 @ 12:19, MY STOP IS 1173, THE TICK IS ONLY HIT THE +200 LEVEL AND GREEN SELLING DELTAS ARE DRYING UP, I WOULD HAVE LIKED TO GET THE 1172'S, AS IT WAS ONLY A POINT AWAY FROM THE F PERIOD HGH, BUT MISSED IT, THE XLF IS STILL WEAK, IF I GET STOPPED OUT, I WULD LIKE TO REENTER, MY 1270'S SUCK AS A TRADE LOCATION, DAMN, STOPPED OUT, LOSS 300 PTS, THE NEXT AREA OF INTEREST IS THE 76-80 AREA FOR A SHORT, SHORT @ 1173.75 @ 12:25, MY STOP IS 1175.75, MOVING MY STOP DOWN TO 1174 @ 12:28, OUT @ 1172 @ 12:35, MY STOP SHOULD HAVE BEEN TRAILED CLOSER, WE TRADED DOWN TO THE 66'S, A LOW VOUME AREA FROM TEH F PERIOD. GAIN 175 PTS, SHORT @ 1175.50 @ 12:37, MY STOP IS 1277, THE TICK JUST HIT THE 2ND SD ATM AND REVERSED, THERE IS A BLOCK OF VOLUME RIGHT ABOVE US IN THE 1177-1182 AREA, MY TARGET IS THE 1167'S STOPPED OUT, LOSS 150 PTS, SHORT @ 1179.75 @ 12:45, MY STOP IS 1181, WE ARE RIGHT IN THE MIDDLE OF THAT VOLUME CLUSTER I SPOKE ABOUT, TEH TICK MADE THE HIGHEST HIGH TODAY SO FAR , MY TARGET IS THE LOW IN THE MID 1160'S, I AM LOOKING AT THE LOWS IN PRICE INTHE ES AT AROUND 1215PM, AND THE SELLING VOLUME DELTA DIVERGENCE, IF WE DONT BREAK DOWN SOON, I WILL BE LOOKING TO REVERSE. MOVING MY STOP DOWN T O 1178 @ 12:53 STOPPED OUT GAIN 175 PTS, LOOKING FOR A LONG~~LONG @ 1178 @ 12:55, MY STOP IS 1175, THE SELLING IS DRYING UP AND WE HAVE DIVERGENCES AT TODAYS LOW. STOPPED OUT LOSS 300 PTS, LONG @ 1175.50 @ 1:16, MY STOP IS 1173.50, THE TICK JUST HIT THE 2ND SD BTM, YET SELLING VOLUME IS LIGHT. DAMN STOPPED OUT, LOSS 200 PTS, LONG @ 1174.25 @ 1:18, MY STOP IS 1172.25, WE HAVE LIGHT VOLUME UNDER THE 73.50 AREA, STOPPED OUT LOSS, 200 PTS, THE XLF IS LEADING THE WAY DOWN, I IGNORED A DIVERGENCE IN THE XLF, FOCUSING ON THE DIVERGENCE WITH THE TICK AND VOLUME, OH WELL,LONG @ 1267.75 @ 1:31, MY STOP IS 1266, STOPPED OUT LOSS 175 PTS, LONG @ 1165.25 @ 1:38, MY STOP IS 1163, THE XLF IS LEADING US LOWER, THE BLOCK IN THE 82-86'S WAS TO MUCH RESISTANCE TO BREAK THROUGH, WE TOOK THE LOW OUT BY ONLY A TICK, THE TICK IS REVESING AS IS THE SELLING DELTAS. MOVING MY STOP UP TO 1165.50, DAMN STOPPED OUT GAIN 25 PTS, GEES, SHORT @ 1165 @ 1:42, WE ARE GOING TO MAKE NEW LOWS, MY STOP IS 1168, THIS IS REDICULAS, 1491 CAME IN ON THE BID AT 1164?, JUST SITTING THERE, LETS TAKE IT OUT! I HAVE ABOUT HAD IT TODAY, MOVING MY STOP DOWN TO 1167 @ 1:51, REVERSE @ 1166 @ 1:51, TOO MUCH PASSIVE BUUYING AT THE LOW, AND THE XLF DIVERGED AT THE LOW, LOSS ON THE SHORT 100 PTS, NOW LONG @ 1166, MY STOP IS 1163, MY TARGET IS THE, WHO KNOWS? THE 1182?, MOVING MY STOP UP TO 1171, STOPPED OUT GAIN 500 PTS, DISSAPPOINTING, WAS HOPING FOR TEH 82'S WITH OUT ANY MORE TRADING! I MUST HAVE BEEN DAY DREAMING! SHORT @ 1169 @ 2:16, OUT @ 1167, GAIN 200 PTS, THE HELL WITH HOLDING TRADES TODAY. LONG @ 1169.50 @ 2:18, MY STOP IS 1168, MOVING MY STOP UP TO 1170 @ 2:23,UP TO 1173 @ 2:28, UP TO 1177 @ 2:29, UP TO 1181 @ 2:30, OUT @ 1183.25 @ 2:31, WILL REENTER LOWER, GAIN 1375 PTS, LONG @ 1183 @ 2:34, MY STOP IS 1180, THE VOLUME CLUSTER IN THE 85'S LOOKS LIKE IT IS COVERTING, WE COULD BE IN FOR A TEST OF THE HIGHS, MY TARGET IS THE VOLUME CLUSTER IN THE A PERIOD NEAR THE 94'S, MOVING MY STOP UP TO 1185 @ 2:36, STOPPED OUT, DAMN, GAIN 200 PTS, LONG @ 1184.50 @ 2:38, MY STOP IS 1182. PASSIVE BIDS AT TEH 1184'S, MOVING MY STOP UP TO 1185 @ 2:39, OUT @ 1187, GAIN 250 PTS, NOW FOLLOW THOUGH PAST 1190, GREEN VOLUME DELTAS ARE DRYING UP, WILL REENTER LOWER, LONG @ 1188.25 @ 2:41, MISSED THE 1186'S, MY STOP IS 1185, I MIGHT BE CAUGHT AT THE HIGH ON THIS ONE, BUT THE XLF IS STILL MAKING HIGHER HIGHS. STOPPED OUT LOSS 325 PTS, RIGHT TO THE TICK? LONG @ 1185.50 @ 2:45, MY STOP IS 1183, MOVING MY STOP UP TO 1187 @ 2:47, MISSED THE EXIT AT TEH 90'S DAMN, STILL LONG~STOPPED OUT GAIN 150 PTS, SHORT @ 1185 @2:51, MY STOP IS 1186, THERE WAS A LOW VOLUME AREA IN THE HISTROGRAM AT 1192 THAT I MISSED, DAMN, MOVING MY STOP DOWN TO 1184 @ 2:53 , MOVING MY STOP DOWN TO 1182 @ 2:58, STOPPED OUT, GAIN 300 PTS, LONG @ 1183 @ 3:01, MY STOP IS 1181, OUT @ 1187.25 @ 3:03, TAKING MY POINTS INSTEAD OF A TRAILING STOP, BEEN LEAAVING TO MUCH ON THE TABLE, GAIN 425 PTS, LONG @ 1189 @ 3:05, MY STOP IS 1187, MOVING MY STOP UP TO 1189.25 @ 3:06,OUT @ 1190 @ 3:07, GAIN 100 PTS, YOU HAVE TO BE QUICK, DAMN, LONG @ 1190.25 @ 3:09, MY STOP IS 1188.25, OUT @ 1192, NOT AGIAN, NO TRACTON, GAIN 175 PTS, LONG @ 1192.50 @ 3:13, THE XLF IS STILL LEADING THE WAY UP, MY STOP IS 1191, DAMN STOPPED OUT, LOSS 150 PTS, SHORT @ 1190 @ 3:14, MY STOP IS 1193, MY TARGET IS THE 1180 AREA, MOVING MY STOP DOWN TO 1191 @ 3:15, DOWN TO 1188 @ 3:18, STOPPED OUT, GAIN 200 PTS, THIS IS HARD, LONG @ 1189.75, MY STOP IS 1187, THE XLF IS RALLYING AGAIN, DAMN, STOPPED OUT LOSS 275 PTS, WTF. GOT FAKED OUT ON THAT ONE. SHORT @ 1187 @ 3:21, MY STOP IS 1188, MY TARGET IS THE 1180'S, MOVING MY STOP DOWN TO 1184 @ 3:24, WE HIT THE 1180'S OUT @ 1182.25, GAIN 475 PTS, LONG @ 1186 @ 3:26, MY STOP IS 1184, THIS MARKET IS FAKING A LOT OF FOLKS OUT TODAY! STOPPED OUT LOSS 200 PTS, SHORT @ 1181 @ 3:32, MY STOP IS 1184, OUT @ 1181, BREAK EVEN, TO CHOPPY, I AM WORN OUT! THATS IT, SHORT @ 1180 @ 3:34, MY STOP IS 1183, THAT PISSED ME OFF ON THE LAST TRADE, RIGHT TO 8275 AND IT REVERSED! , MY TARGET IS THE LOWS, AND I AM STANDING TIGHT ON THIS STOP. MOVING MY STOP DOWN TO 1174 @ 3:39, DOWN TO 1172 @ 3:40, STOPPED OUT GAIN 800 PTS, THATS IT FOR ME GOOD TRADING TO YOU, A HARD DAY FOR SURE!

TOTAL GAIN FOR THE DAY 5225 PTS

9/18

SHORT @ 1179 @ 9:33, MY STOP IS 1181, STOPPED OUT LOSS 200 PTS, LOOKS LIKE A CHOPPY DAY AGIAN . THE TICK IS HEADING DOWN, WE RALLIED DURING THE FIRST FEW MINUTES, NOW WE ARE BACK IN THE 79'S, DAMN TRADING THE 75'S MISSED THAT ONE AFTER BEING SHORT AT 79? LONG @ 1173.75 @9:53, PASSIVE BUYING IN THE 1171-1172 LINE, MY STOP IS 1171, THERE IS A BLOCK OF VOLUME FROM YESTERDAY IN THE 1181-1188 AREA FROM THE K AND L PERIODS THAT MIGHT BE A GOOD TARGET. MOVING MY STOP UP TO 1175 @ 9:55, UP TO 1179 @ 10:03, STOPPED OUT GAIN 525 PTS, LONG @ 1177 @10:24, PASSIVE BUYING IN THE 1175'S, AND THE TICK IS MAKING HIGHER LOWS, HAVENT EVEN TOUCHED THE 2ND SD BTM YET. VOLUME DELTAS ARE BACK AND FORTH,WE ARE HAVING PROBLEMS WITH GOOGLE THIS MORNING, THEY LOST MY LAST TRADE WHICH WAS A GAIN OF 100 PTS, I AM CURRENTLY SHORT FROM 1180.25, MY STOP IS 1182.50, WE HAVE NEGATIVE DELTA AND PASSIVE SELLING IN THE 81'S RIGHT BELOW THAT VOLUME AREA I SPOKE ABOUT, MOVING MY STOP DOWN TO 1175 @ 10:49, THE TICK IS OSCILLATING, THE XLF IS LEADING THE WAY, WE ARE GETTING MORE SELLING OVER ALL, THERE IS SOME VOLUME IN THE 71-74 AREA FROM YESTERDAY THAT SENT US LOWER, THIS COULD BE WHY WE HAVE TWO SIDED TRADE HERE, ABOUT TO GET STOPPED OUT, SHOULD HAVE TAKEN THE 72'S AS PASSIVE BUYING CAME IN THERE, OUT GAIN 525 PTS, SHORT @ 1173 @ 10:57, MY STOP IS 1176, LOOKS LIKE ANTOHER LEG DOWN AFTER A BREIF CONSOLIDATION, MY TARGET IS 1165 YESTERDAYS CLOSING RANGE HIGH, MOVING MY STOP DOWN TO 1170 @ 10:59, SELLING VOLUME DELTAS ARE INCREASING, THE TICK HAS NOT HIT THE 2ND SD BTM YET. ANOTHER 10 PT SYMETICAL LEG WOULD TARGET THE 1165, PASSIVE BUYING COMING IN AT TEH 1167, OUT @ 1167.50 GAIN 550 PTS, GOT OUT TO EARLY, WE WENT RIGHT TO THE 65'S!! THE XLF IS STILL LEADING THE WAY DOWN, SHORT @ 1168.25 @ 11:08, MY STOP IS 1170, MY TARGET IS THE 1157'S YESTERDAYS LOW, MOVING MY STOP DOWN TO 1165 @ 11:18, DOWN TO 1164 @11:18, DOWN TO 1161 @ 11:20, OUT @ 1158.50 @ 11:20, GAIN 975 PTS, YES, TAKING A BREAK, SELLING DELTAS DRYED UP DOWN HERE AND 3848 CAME IN ON THE BID AT 1158, LONG @ 1159.50 @ 11:25, MY STOP IS 1157, MY TARGET IS THE 1169 AREA, THE D PERIOD HIGH. THE ES DOJI'D AND SELLING VOLUME DELTAS DRIED UP. TEH TICK IS GREEN OFF OF THE 2ND SD BTM. MOVING MY STOP UP TO 1160 @ 11:27,OUT @ 1164 @ 11:37, GAIN 450 PTS, NOW I AM TAKING A BREAK. WOW NOT YET, SHORT @ 1166.50 @11:38, MY STOP IS 1169, 1181 CAME IN ONTHE ASK SITTING AT 1167.75, MY TARGET IS THE OTHER END OF THE D PEIROD IN THE 1157 AREA, MOVING MY STOP DOWN TO 1165 @ 11:43, SELLING DELTAS ARE PICKING UP ON TEH WAY DOWN, TEH ES DOJI'D RIGHT AFTER OUR ENTRY WHICH IS GOOD, MOVING MY STOP DOWN TO 1163 @ 11:46, DOWN TO 1161 @ 11:50, STOPPED OUT , GAIN 550 PTS, LONG @ 1156.25 @ 12:11, MY STOP IS 1153.75, MY TARGET IS THE 1167'S THE E PERIOD HIGH, OUT @ 1160.50 GAIN 425 PTS, 1416 CAME IN PASSIVELY AT THE ASK AT THE 1162 LINE, THE TICK ALSO HIT THE 2ND SD ATM. SHORT @ 1159.75 @ 12:26, MY STOP IS 1162, PASSIV SELLING IN THE 1161 LINE AND TEH ES AND TEH XLF DOJI'D, AND THE TICK IS BUILDING UNDER THE ZERO LINE, MOVING MY STOP DOWN TO 1159 @ 12:29, TEH XLF IS STILL LEADING THE WAY DOWN, VOLUME DELTAS ARE NEGATIVE AND INCREASING, MOVING MY STOP DOWN TO 1158 @ 12:31, DOWN TO 1155 @ 12:32 SOME PASSIVE BIDS COMING IN AT THE1152'S, THAT IS A CONCERN, STANDING BY WITH THE 1155 STOP, OUT GAIN 475 PTS, TAKING A BREAK, GOD I CANT EVEN GET AWAY FROM THE DESK, WE ARE BREAKING BELOW TEH PASSIVE BUYING, SHORT @ 1151.50 @ 12:37, MY STOP IS 1153, OUT @ 1148 @ 12:39 THERE IS PASSIVE BUYING IN THE 47'S, GAIN 350 PTS, LONG @ 1141 @ 12:53, MY STOP IS 1138.50, THE XLF IS DIVERGING, AND THE PASSIVE BUYING IN TEH 39-40'S IS SIGNIFICANT, MOVING MY STOP UP TO 1142 @ 12:55 , OUT @ 1143 @ 12:56, TEH 45'S OFFER A LOW VOLUME AREA OF RESISTANCE AS DOES TEH 49'S. GAIN 200 PTS, SHORT @ 1142@ 12:57, MY STOP IS 1145, THE TICK IS REVERSING AFTER HITTING +200, SELLING VOLUME DELTAS PICKING UP TOO, MOVING MY STOP DOWN TO 1141.75 @ 12:58, THE XLF IS STILL SLIGHTY DIVERGED, BUT I SUSPECT IT WILL CATCH UP, MAKING NEW LOWS, MOVING MY STOP DOWN TO 1139 @ 12:59, STOPPED OUT GAIN 300 PTS, SHORT COVERING OCCURING, LONG @ 1145.75 @ 1:07,MY STOP IS 1144, OUT @ 1155 @ 1:09, GAIN 925 PTS, WOW, WILL REENTER LOWER, LONG @ 1153 @ 1:11, TEH XLF IS CONINUTING HIGHER, MY STOP IS 1150, STOPPED OUT LOSS 300 PTS, RIGHT TO THE TICK? LONG @ 1151.75 @ 1:12, MY STOP IS 1150, THE XLF IS CONINUING HIGHER, THE TICK IS RALLYING, MOVING MY STOP UP TO 1152 @ 1:13, DAMN STOPPED OUT, GAIN 25 PTS, CHOPPY, LONG @ 1154.75 @ 1:16, MY STOP IS 1153, THE XLF IS LEADING AS IS TEH TICK AND SELLING DELTAS ON THE RETRACEMENTS ARE LIGHT. MY TARGETS ARE THE 1170'S THE A PEROD LOW.OUT @ 1158 @ 1:18, THIS IS QUICK HARD TO HOLD ANY POSTITON, GAIN 325 PTS, WE TRADED AS HIGH AS 62, AND I GOT THE 58'S! DIDNT EVEN HAVE TIME TO TRAIL A STOP! I AM TAKING A BREAK! SHORT @ 1159 @ 1:26, MY STOP IS 1162, TEH ES AND THE XLF ARE SLOWING AND THE ES DOJI'D AT TEH 1160 AREA, THE TICK IS MAKING LOWER HIGHS AND HIGHER LOWS, BUYING DELTAS ARE DRYING UP, A LOT OF PASSIVE SELLING IN THE 59-60 AREA ON THE 5000 DELTA FOOTPRINT CHART. MOVING MY STOP DOWN TO 1158.75 @ 1:28, STOPPED OUT ON THAT NEWS FROM EUROPE ON SHORT SELLING DAMN GAIN 25 PTS, LONG AT 1159.50 @ 1:30, MY STOP IS 1157, MOVING MY STOP UP TO 1160 @ 1:31, THE TICK IS STRONG, AND THE XLF IS RALLYING STONG, OUT @ 1167 @ 1:32, GAIN 750 PTS, WOW, FAST MARKET, LONG @ 1169 @ 1:34, WE AREA BREAKING HIGHER, MY TARGET IS THE 1179'S WHERE THE LARGE VOLUME CLUSTER IS, MY STOP IS 1166, MOVING MY STOP UP OT 1170 @ 1:34, UP TO 1173 @ 1:35, STOPPED OUT GAIN 400 PTS, WE ARE RIGHT AT THE VOLUME CLUSTER IN TEH 78'S, AND THE TICK DOJI'D AT THE 2ND SD ATM. SHORT @ 1176.50 @ 1:42, MY STOP IS 1180, MOVING MY STOP DOWN TO 1173 @ 1:43, DOWN TO 1170 @ 1:45, STOPPED OUT GAIN 650 PTS, WILD MARKET, SHORT @ 1173.50 @ 1:52, MY STOP IS 1176, PASSIVE SELLING IN THE 1175 LINE RIGH WERE WE BROKE DOWN FROM A FEW MINUTES AGO, MOVING MY STOP DOWN TO 1171 @ 1:55, STOPPED OUT GAIN 250 PTS, WILD, SHORT @ 1173.75 @ 1:58, MY STOP IS 1176. SAME AREA AS THE PREVIOUS SHORT, THE BUYING DELTAS ARE NOT HERE, SELLING IS PICKING UP AND THE XLF HAS STALLED, MY TARGET IS THE H PERIOD HIGH IN THE 1162'S, THE TICK IS MAKING HIGHER LOWS, BUT LOOKS A BIT TOP HEAVY UP HERE. MOVING MY STOP DOWN TO 1171 @ 2:01 DOWN TO 1166 @ 2:05, DOWN TO 1164 @ 2:06, DOWN TO 1163 @ 2:07, DOWN TO 1162 @ 2:08 STOPPED OUT GAIN 1175 PTS. I JUST GOT BACK TO MY DESK, WOW, I THINK I AM GOING TO CALL IT A DAY, WHAT A RALLY FROM THE 1160'S! GOOD TRADING TO YOU.

TOTAL GAIN FOR THE DAY 9350 PTS

9/19

I AM TAKING THE DAY OFF, IT IS A SAD DAY FOR THE FREE MARKET, OR SHOULD I BE MORE ACCURATE, AMERIKA

Ron Paul: This Bailout Won't Be the Last

September 19, 2008 05:35 PM ET | Luke Mullins | Permanent Link

I recently chatted with Rep. Ron Paul (R-Texas) about the gigantic financial bailout that the government is preparing to undertake.

Some excerpts from the interview:

What's your take on this huge financial bailout?

"It's more of the same. More debt and more inflation and more pressure on the dollar. Ultimately, although the markets are responding very favorably at the moment, I think it is going to be devastating to the dollar and to our financial situation in this country."

But don't we need to get these toxic assets off banks' balance sheets?

"Sure, they need to be removed. Somebody needs to suffer the consequences [but] not the taxpayer. Everybody knows that they have to be removed. They are priced too high. The assets don't have real value—some have zero and some have 10 cents on the dollar.

The people who had been making profits for all these years and dealing in all of this debt creation and derivatives—that now is becoming unwound—are claiming that it would be so painful if somebody went bankrupt and therefore we have to put so much burden on the taxpayer and on the dollar because the alternative is worse. But quite frankly, if they destroy the dollar and the dollar system, then they have a much bigger problem that they are going to have to deal with and it would be the collapse of the whole international monetary system—which is conceivable."

So instead of having taxpayers buy the bad debt, the market should take care of it by itself?

"Sure, prices need to go down. Bad debt needs to be eliminated. The taxpayer ought to be protected. Taxes ought to be lowered...We are following the same routine that we did in the Depression, and that is artificially try to keep prices up. People were starving in the Depression and the only thing they did was try to keep wages artificially high and keep food prices high. We are doing the same thing now—we are trying to keep housing prices high. Low prices for houses mean poor people could buy a house. This is the most important part of a free market economy and that is free market pricing. Without free market pricing, the market can't work. And this is in a way a major effort to price fix."

So you think the government should not have bailed out an y companies during this crisis?

"That would have been the best thing. It would have been painful, but housing prices would have come down sharper and faster, and it would have been over by now. But this whole idea of price fixing—that's what they are doing—has been trying to keep housing prices up and trying to stimulate home building. Well, if you have 100 percent more homes than the market really wants, you can't keep prices up and you can't stimulate home building. If the prices go down, then people will go out and buy homes again. So they should allow the liquidation of debt.

Before the Depression, [the government] generally allowed these kinds of problems to unwind. They were very severe. They would last six months or a year—a lot of liquidation of debt would be wiped off the books. And then it would go back to work again. What we've been doing now—especially since 1971—is preventing the real liquidation of the malinvestment and the excess of debt . . . If this process continues, we're going to own General Motors and Ford, then we will have to own the airlines. We are socializing our country without even a vote by the Congress. It's a horrible situation."

Will this bailout stabilize the crisis?

"I personally don't think so. It might be temporary, but no, there is much more involved. I mean, we are talking about trying to unwind trillions of dollars of derivatives . . . You have to get rid of all that stuff."

Will this bailout be the last?

"No, no. This won't be the last one. There will be something else later on. But that doesn't mean you might not have a few months of a reprieve. But it will continue."

Will we have to bail out the auto makers?

"Oh I think so. We are not going to let them fail. Our policy is such that everybody gets bailed out. It's like a drug addict, they've got to take their fix. It's too tough getting off these drugs. And the drug here is easy credit.

I THINK J SOGI SPEAKS AS HAVE I:

James Sogi replies: