ES Journal - 2012

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Quote from mastacoli71:

Everybody pretty much knows what the Bernake is going to say and not say. If he wants a job in the future, he probably wants to change his tune a bit but he won't. He is a dove at heart and won't change until it is too late.

Until then, market has a magnet at 1400
 
Quote from EliteThink:

vix is under 15, with a low under 14. no fear in this market, no increase in vols going into Fed announcement. remarkable to see.

Could still go lower... 10 was the lowest before the 2008 meltdown.

I think daytrading is pretty much pointless if volatility continues to sink, the R/R is simply not worth it.
 
drives a few people nuts, the rest just toss it in the info box with all the other tradable/nontradeable assumptions,big pot of what do ya figure stew
 
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