ES Journal - 2012

[Lespaulr0cker]

Quote from feng456:

what the hell just happened?

Elected officials working hard for you.

 

[mastacoli71]

Quote from Laissez Faire:

I bailed at 1409 by an error in NT, but probably not a bad call anyway.

Not sure what this is, but if 1408 is not support, there is more downside potential for sure.

nice trade regardless LF

 

[feng456]

Quote from Lespaulr0cker:

Elected officials working hard for you.

but most of the time the market doesnt have this strong reaction to these schmucks.

also i dont remember electing him...

 

[gmst]

Quote from Laissez Faire:

Generally, I`m uncomfortable entering a trade during periods that are happening right now, since I usually don`t understand them.

Thats the mark of a smart man!

 

[nillionaire]

Quote from Grandluxe:

12:45 pm -White house spokesman Jay Carney will speak on fiscal cliff.

Thanks for these updates.

 

[Lespaulr0cker]

Quote from feng456:

but most of the time the market doesnt have this strong reaction to these schmucks.

Market is very sensative to this tax uncertainty and will continue to be until the uncertainty is removed.

Quote from feng456:

also i dont remember electing him...

You didn't have to, others did it for you.

 

[Trvlwanderer]

L 1409.50
tgt HOD or EOD
Stop at 1404.00

 

[gmst]

Quote from gmst:

long 1409, brother LF - seems a good point to buy to participate in the uptrend....could be wrong though - fiscal cliff thing and associated comments can move markets bigtime

out 1414

Now, short 1413.5, stop 5.5 points

 

[gmst]

Quote from gmst:

out 1414

Now, short 1413.5, stop 5.5 points

out for +2 ticks. Not much clarity - trading now will be gambling. so sitting out.

 

[nillionaire]

Quote from Grandluxe:

12:45 pm -White house spokesman Jay Carney will speak on fiscal cliff.

Did this happen already? All the White House stream showed was "Beginning shortly" for a half hour. Now they are finally broadcasting and it looks like it's over.