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  1. mervyn

    ES Journal - 2021/2022

    Went short 3935 already, target 10-15 points.
  2. mervyn

    Are we seeing clues that banks are in trouble?

    Incorrect memory, banks repaid government tarp money few years later, and USG made few bucks on its capital purchases. The real Main Street businesses like GM were bailout without repayments. https://www.cbo.gov/publication/57341
  3. mervyn

    Time for a new laptop

    Asus OLED seems a good value these days. Other brands are expensive in comparison.
  4. mervyn

    ES Journal - 2021/2022

    Plan to open more shorts on March contracts. I think there will be a mini Christmas bounce at some point, now I plan to trade very tight range, +/- 10 points in and out.
  5. mervyn

    ES Journal - 2021/2022

    Yea, got filled. Now we’re open for a gap down to reenter bear market.
  6. mervyn

    ES Journal - 2021/2022

    Selling pressures are still on because no big buyer wants to take a bull case to extreme, even knows that Fed will hike 50bps next week.I’d sell 1 more March contract if rallies and ready to close December contract around 50ma.
  7. mervyn

    ES Journal - 2021/2022

    Or maybe a last hour bull trap, ready to be out 3915.
  8. mervyn

    The Americans

    https://www.washingtonpost.com/news/volokh-conspiracy/wp/2017/04/17/fake-olds-government-is-not-reason-it-is-not-eloquence-it-is-force-is-probably-not-a-real-george-washington-quote/
  9. mervyn

    ES Journal - 2021/2022

    looks like will touch 50 day ma before any pause.
  10. mervyn

    ES Journal - 2021/2022

    now the bear has control, next one is probably 3912, when buyers start to panic covering the longs.
  11. mervyn

    ES Journal - 2021/2022

    No one is buying bounce except algo, it is a big trend day.
  12. mervyn

    ES Journal - 2021/2022

    That CPI day gap up is hard to retrace down without some big news, maybe after next CPI on 13th and the rate hike on the 14th, until then, I am ready to clear out Dec contracts on 40ish level.
  13. mervyn

    ES Journal - 2021/2022

    60 minutes macd just started
  14. mervyn

    ES Journal - 2021/2022

    close half, 3953 I am looking at 3940-3942 ish, that's pre Powell speech level.
  15. mervyn

    ES Journal - 2021/2022

    move the target to 3950, let's see.
  16. mervyn

    ES Journal - 2021/2022

    https://www.bloomberg.com/news/articles/2022-12-05/morgan-stanley-s-michael-wilson-is-a-stock-market-seller-again?leadSource=uverify%20wall https://www.unseenopp.com/nick-timiraos-confirms-no-santa-rally/ Stay defensive if not short, no worth the sleepless panic.
  17. mervyn

    2021: Pictures Of Your Trading Stations

    How is this differed than 6x6 cubical? a fatter rat. I wouldn't mind to have one at home, if the price excluding computer setup is lower, and need to add wheels to move around if in the office setting, and replace with a massage chair.
  18. mervyn

    goldman sachs peasants

    multiple projects simultaneously you need to be on the project team to get credit, each project will probably have same amount of work, about 40 standard hours workload, and that’s assuming you are good enough to get hired. big consultancies have 60 hours minimum billing hours per week, 80 hours...
  19. mervyn

    goldman sachs peasants

    that’s their dream, an average doc out of school working in NYC hospitals makes less than an experienced nurse, around $120-150k, and long shifts.
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