ES Journal - 2012

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Quote from JoshDance:

sold another 98.00
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stop to 1401.00, short basis is 98.75
If this market will ever rotate down, my targets are 96.00, and a very optimistic (at this point) 93.00

It must be nice to be long from low 1300s and know that the Fed is protecting your investment, and will devalue the dollar at any amount to prevent a crash!
 
Quote from JoshDance:

Maybe it's because of the stupid name: "the new iPad" ...
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Talking heads are all over it. The Apple story drags on and on and on and on. Worse then the crisis in Greece.

Make it stop already. Sell this bloated pig. lol.
 
I say, no way in hell we close above these current highs... the market must have some sense of decency left, and at least retest the all-important 1400 level, which it has not done today yet...
 
Quote from JoshDance:

I say, no way in hell we close above these current highs... the market must have some sense of decency left, and at least retest the all-important 1400 level, which it has not done today yet...
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one would think. but every dip bought with enthusiasm. dow trying to get its 8th straight green.
 
Quote from EliteThink:

one would think. but every dip bought with enthusiasm. dow trying to get its 8th straight green.
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Absolutely -- consumer sentiment below consensus, Greek situation by no means over going into the weekend, but there's so much demand that it can't even touch 1400 a day after breaking through it for first time in 4 years. These SOBs are hooked on the Fed's policies like a drug... buy it to 2000 I guess, maybe then someone will realize that the actual economic situation is not what the market would seem to indicate...
 
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