If i was a fund manager, i would be crapping myself if i hadn't bought. For all we know, over the weekend, europe may decide to announce a huge money printing exercise.
Okay, i need advise from you bulls and bears (apparently i am a pig!). I went long at 1214 (apols did not post) and now we are at nr 1224. Do i stay in or sell?
Market anticipated and discounted when it fell 20%+ from the highs. Now rallied back presumably discounting the possibility of a recession i.e. no recession.
I've traded ES off and on for over 10 years, someone the other day asked why i didn't switch to the mini dow. I couldn't think of a reason. Dow goes up and down in single ticks whereas min movement on ES is 25 ticks. Anyone?