ES Journal - 2012

[ammo]

Quote from ammo:

reduce 12.75 on spx 14-18 nip from yesterday

reduce 8.25

 

[keeptradin']

Quote from mastacoli71:

thx man, it feels good to make money finally after losing money 4 days in a row.

if we close red bar today, not good for any overnight longs imo.

Low risk trade here buying 09, but too late for my liking.

If no support here at the 08 level then next stop is S1 at 01. Still plenty of time to get there...

 

[mastacoli71]

Greece: Papademos headlines crossing being given as the reason for the late market decline; Papademos says exit of Greece from euro is being considered
Papademos estimates the cost of a Greek exit at EUR 500 bln to 1 tln. Says the inflationary spiral of the drachma would offset the benefits. Scope to renegotiate the Greek loan program is very limited.

At least they are finally coming to their senses.

 

[keeptradin']

Quote from mastacoli71:

Greece: Papademos headlines crossing being given as the reason for the late market decline; Papademos says exit of Greece from euro is being considered
Papademos estimates the cost of a Greek exit at EUR 500 bln to 1 tln. Says the inflationary spiral of the drachma would offset the benefits. Scope to renegotiate the Greek loan program is very limited.

At least they are finally coming to their senses.

I swear I'm gonna puke the next time I hear Greece as an excuse for a selloff. In fact, I just threw up in my mouth a little bit...:eek:

Seriously, they expect us to believe that crap??

 

[mastacoli71]

Quote from keeptradin':

I swear I'm gonna puke the next time I hear Greece as an excuse for a selloff. In fact, I just threw up in my mouth a little bit...:eek:

Seriously, they expect us to believe that crap??

lol, i hear ya. media always has to find a reason otherwise cause they think they are so smart.

 

[ammo]

dollar took off about 2 pm, what time did that news hit

 

[keeptradin']

Quote from ammo:

dollar took off about 2 pm, what time did that news hit

Looks like it hit the street around 15:30 EST, and that's when selling picked up.

Now we've bounced ten points from the LOD. Gotta love the volatility!!

Quote from keeptradin':

Low risk trade here buying 09, but too late for my liking.

 

[trickshot]

Damn I bidded 08 after 7.5 printed and the bounce began, then the thing took off without me!

 

[DanS]

Quote from DanS:

Market might have peaked here. Could we see 8 before noon?

I was off by an hour. (PST time)

 

[mastacoli71]

Quote from ammo:

dollar took off about 2 pm, what time did that news hit

15:42