ES Journal - 2012

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Quote from JoshDance:

will add 1 @ 73.00
stop 74.50

target 70.75
looking to reverse to long there after confirmation
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out 71.25 for +1.00

EDIT: dow 13K coming up for test again here.. that's the key number for the market, IMO, simply because it's been such a big deal in the news
 
Quote from Trvlwanderer:

looking for 70.75
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flat, but did not take the long....too shaky and setup changed.

gonna have to watch, no setups for now. may have room to hit 67 if it picks up
 
i see a possible long setup at the 68-70 band or another short at 72.50, but neither is overwhelming at this point.

The earlier setups panned out pretty well, so time to back the hell away and burn some energy. Not gonna play scalper while euro figures itself out today. maybe on a Thursday, but not a wednesday.
:eek:

gl all.
 
watching the financial services committee hearing with bernanke, and trying not to be political by not naming names, I just can't help but feel that we (a country) are being run by morons (who we elected, unfortunately)

The chairman of the committee says "physical policy" instead of "fiscal policy", and the ranking member has to amend some little sarcastic, political quip every time he's recognized. He's like a big baby who has to get his say in regardless. I can't believe that we are in the hands of this type of people. It's truly distressing that two grown men can't speak with respect towards each other without arguing the way they do.

I can see a bubble over Bernanke's head: "I can't wait until 1pm when I can get out of this mad house and away from these morons." Bernanke, say what you want about him, is very intelligent and likely gets amusement from the idiocy of politics.
 
Quote from JoshDance:

watching the financial services committee hearing with bernanke, and trying not to be political by not naming names, I just can't help but feel that we (a country) are being run by morons (who we elected, unfortunately)

The chairman of the committee says "physical policy" instead of "fiscal policy", and the ranking member has to amend some little sarcastic, political quip every time he's recognized. He's like a big baby who has to get his say in regardless. I can't believe that we are in the hands of this type of people. It's truly distressing that two grown men can't speak with respect towards each other without arguing the way they do.

I can see a bubble over Bernanke's head: "I can't wait until 1pm when I can get out of this mad house and away from these morons." Bernanke, say what you want about him, is very intelligent and likely gets amusement from the idiocy of politics.
More...
greenspan used to call it fedspeak,admitted that it was rhetoric..edit .. just heard a quote "the market has never crashed to the upside"
 
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