ES Journal - 2012

[chaykapwr]

The real zone that might put up a good fight today is 38-40

 

[Macho]

Rickshaw won't be too far away

 

[trickshot]

Quote from ammo:

tired of chasing false rumors,real threat of impact on rest of globe still there,IMHO

The threat has to be there for bulls to climb the wall of worry. Anyway its not all false rumours, european peripheral bond yields have come down pretty drastically in the last month or so (thanks to the LTRO), so there have been some real improvements.

 

[Macho]

Quote from ammo:

tired of chasing false rumors,real threat of impact on rest of globe still there,IMHO

Yes , if Zorba dances on the heads of the private bond holders and scratches all the paper there be problems could be in the US banks as nobody really knows their exposures to the European banks.

Broke is broke .:eek:

 

[EliteThink]

nice work ammo.

 

[ammo]

Quote from Macho:

Yes , if Zorba dances on the heads of the private bond holders and scratches all the paper there be problems could be in the US banks as nobody really knows their exposures to the European banks.

Broke is broke .:eek:

there is the king has no clothes scenario,if one king is exposed ,they all are ,this lie has to go on for the market to hold up,other scenario is we all declare bankrupt and have a do over ..if i live in greece spain ireland italy,i say fug em,iceland didn't sink into the ocean...let the fairytale carry on

 

[ammo]

spx dottted line is that monthly from 1576 high,comes in at 1328..edit reduced to hourly it's 1330.5

 

[chaykapwr]

if we break 36, at minimum we will see 39, but most likely see 42

 

[NoDoji]

Quote from chaykapwr:

if we break 36, at minimum we will see 39, but most likely see 42

This is a bull flag here. Technically a breakout should carry through to at least 42 if it's more than just stops being run.

 

[Trvlwanderer]

and trans jumps out by a nose.

2 scalps and out. not gonna play the endless grind up today.

good luck all...gonna find an open lift with a long ride.