09-15-13 PM: E-mini Dow futures up 187

billpritjr · Sep 15, 2013

December 2013 Up strong. Possible "response" to Summers removing himself from Bernanke replacement consideration

http://www.cmegroup.com/trading/equity-index/us-index/e-mini-dow_quotes_globex.html

ktmtrader · Sep 15, 2013

the market will remain irrational, longer than any trader can remain solvent.

-Ed Seykota

slumdog · Sep 15, 2013

Quote from ktmtrader:

the market will remain irrational, longer than any trader can remain solvent.

-Ed Seykota

I dont think it was Seykota who came up with that quote.

http://quoteinvestigator.com/2011/08/09/remain-solvent/

Bac0n · Sep 15, 2013

Anything on the news about this jump?

billpritjr · Sep 15, 2013

Quote from Bac0n:

Anything on the news about this jump?

news is claiming it has to do with Summers

of course "just follow the trend" and don't try to figure out the markets

SteveNYC · Sep 15, 2013

Quote from slumdog:

I dont think it was Seykota who came up with that quote.

http://quoteinvestigator.com/2011/08/09/remain-solvent/

Lol. Good correction. It was Keynes. He was a pretty good trader himself.

eurusdzn · Sep 15, 2013

If i hadnt read any news for the last few months regarding Syria, Fed , taper then
I may have bought the Sp500 7-10 days ago. I did not so who is irrational .....me or the market? Oh yeah.....trade what you see.

Trader.Fighter · Sep 15, 2013

Quote from eurusdzn:

If i hadnt read any news for the last few months regarding Syria, Fed , taper then
I may have bought the Sp500 7-10 days ago. I did not so who is irrational .....me or the market? Oh yeah.....trade what you see.

Bottoms never happen on good news.

The worst it looks the higher the chances of a bottom.

Opposite for tops.