ES Journal - 2012

[Macho]

Quote from ammo:

was never good in math and since 78 was always on the tail end trying to figure out bonds,price vs int rate and reverse logic ,like to do stuff in my head and that never came automatically

The reason I trade off bonds is because they are a contrarian to stocks as a trading commodity.The interest rate has no bearing this year because Ben Gay ,always soothing a painful economy, can't raise interest rates as they are stuck having to pay interest to themselves with a lower GDP puts them in a bigger mess.

So the bonds are a very good yardstick to market pricing.

God bless the euro

 

[Trvlwanderer]

neckline buyers creating higher high and higher low for the moment. somebody is wrong.

edit: meant "higher low.

 

[JoshDance]

Quote from JoshDance:

stop 82.25 (BE)

should have gone up more after michigan IMO, looking for new lows at 75.50

Chicken and out at 80. need to start on a good note today

 

[Lawrence Chan]

NQ still above previous day low - giving reason for people to go long.

 

[ammo]

Quote from lucky lucille:

Anyone think 52 is the cards?

possible but that's where they might want it to be on exp,so slow grind over next week,make more profit if that 30 point move is 100 points zig zagging down,just a guess

 

[Trvlwanderer]

83 would be a nice short if the long's think the danger has passed.

until then, mouse blisters r us.

 

[ammo]

74-75 next if lower

 

[ammo]

Quote from ammo:

put these back out 82

75 bid for reduce

 

[bigsnack]

Quote from JoshDance:

Chicken and out at 80. need to start on a good note today

Oh Josh, you nailed the entry! Target is 76's at least.

 

[lucky lucille]

78 breached! NQ heading for YLOD!