ES Journal - 2012

Status
Not open for further replies.
Quote from mastacoli71:

We better hope and pray Bennie and his boys don't pull plug. It's the only thing keeping the engine running.
More...

They don't need to. Whatever they do will fail.

All simulations on what they are doing (based on the effects on the market over the past few years) point to total collpase of the system.

By allowing just a controlled crash, the system will survive and correct the problems in 10 to 15 years. But the governments in the world refused to let it happen.

So let's hope for technological breakthru in almost free and unlimited clean energy, food and other resources. Then all problems solved. :cool:
 
Quote from Lawrence Chan:

They don't need to. Whatever they do will fail.

All simulations on what they are doing (based on the effects on the market over the past few years) point to total collpase of the system.

By allowing just a controlled crash, the system will survive and correct the problems in 10 to 15 years. But the governments in the world refused to let it happen.

So let's hope for technological breakthru in almost free and unlimited clean energy, food and other resources. Then all problems solved. :cool:
More...

On a sufficiently (and unknowably) large timeframe, this is, no doubt, true. For the average trader's purposes, however, I think it's becoming clear that the market's immediate direction will continue to be UP. China's lowering of its reserve requirements underscores the magnitude of the coordination taking place.
 
Quote from Lawrence Chan:

They don't need to. Whatever they do will fail.

All simulations on what they are doing (based on the effects on the market over the past few years) point to total collpase of the system.

By allowing just a controlled crash, the system will survive and correct the problems in 10 to 15 years. But the governments in the world refused to let it happen.

So let's hope for technological breakthru in almost free and unlimited clean energy, food and other resources. Then all problems solved. :cool:
More...

wow lc, i do like your commentary but man you are a not just a little pessimistic ...

i believe many of our macro views are formed from the experiences in life we have been subjected to. having been through many boom bust cycles in the businesses we own, even with the mismanagement of economic policy i would not underestimate that there will not be a boom after the latest bust....yada yada yada
 
I'm working on my 2012 trading calendar, and I would like to put the major news releases on a monthly view so that I can print each month.

As far as economic reports go, the ones that come to mind that are the most important are:

*NFP (next March 9)
*FOMC statement (next on March 13)
* Advance GDP (next April 27) <-- not really sure about this, anyone?

Though I've traded through a few, should I include FOMC meeting minutes, or the quarterly "Economic Projection" by the fed (next on Mar 13 along with the statement)?

Also, advance GDP is the earliest GDP release, and is ahead of the prelim GDP, so that's why I thought perhaps the Advance GDP would be the best GDP number to look at, and of course the final GDP is the least shocking number.

I will also likely include Jackson Hole which is in August.

Of course I do not wish to include consumer confidence, PPI, weekly unemployment claims, etc., to a calendar which contains mostly monthly or less often events. To be clear of course, I will have the daily reports at hand so I know when they are, but I'm looking for the potential "game changer" kind of reports such as fed days and NFP days.

So am I missing anything noteworthy?
 
Quote from JoshDance:

I'm working on my 2012 trading calendar, and I would like to put the major news releases on a monthly view so that I can print each month.

As far as economic reports go, the ones that come to mind that are the most important are:

*NFP (next March 9)
*FOMC statement (next on March 13)
* Advance GDP (next April 27) <-- not really sure about this, anyone?

Though I've traded through a few, should I include FOMC meeting minutes, or the quarterly "Economic Projection" by the fed (next on Mar 13 along with the statement)?

Also, advance GDP is the earliest GDP release, and is ahead of the prelim GDP, so that's why I thought perhaps the Advance GDP would be the best GDP number to look at, and of course the final GDP is the least shocking number.

I will also likely include Jackson Hole which is in August.

Of course I do not wish to include consumer confidence, PPI, weekly unemployment claims, etc., to a calendar which contains mostly monthly or less often events. To be clear of course, I will have the daily reports at hand so I know when they are, but I'm looking for the potential "game changer" kind of reports such as fed days and NFP days.

So am I missing anything noteworthy?
More...

As you know, the biggest market movers would be unexpected events/policy shifts. Anything out of the CBs can be impactful these days.

http://www.federalreserve.gov/monetarypolicy/fomccalendars.htm#calendars
http://www.ecb.int/press/pr/activities/mopo/html/index.en.html
http://www.centralbanknews.info/
free squawk: http://talking-forex.com/live
 
Quote from Lawrence Chan:

They don't need to. Whatever they do will fail.

All simulations on what they are doing (based on the effects on the market over the past few years) point to total collpase of the system.

By allowing just a controlled crash, the system will survive and correct the problems in 10 to 15 years. But the governments in the world refused to let it happen.

So let's hope for technological breakthru in almost free and unlimited clean energy, food and other resources. Then all problems solved. :cool:
More...

Lol, good one :D
 
Status
Not open for further replies.
Back
Top