ES Journal - 2012

[gmst]

long ES from 1318.5

 

[ajcrshr]

Central Banks preparing for coordinated action to provide liquidity if needed after Greek election according to G-20 sources

 

[Grandluxe]

this move makes me laugh, rubbish

 

[mastacoli71]

alla 2008 before lehman collapse. rumors flew around everyday for weeks. we are in for a wild ride.

 

[Ramp]

Are they going to orchestrate a close above 1340 to create a bullish trend on the daily - that could ride through the election though I do remember reading an article by LC that proved election years were not unusually bullish.

 

[piezoe]

Boing, Boing, Boink.

 

[mastacoli71]

Quote from Ramp:

Are they going to orchestrate a close above 1340 to create a bullish trend on the daily - that could ride through the election though I do remember reading an article by LC that proved election years were not unusually bullish.

move in market after that news was a preface of what will happen if central banks intervene. then, relief rally. then, reality sets in about what it means long term.

 

[Ramp]

Quote from mastacoli71:

move in market after that news was a preface of what will happen if central banks intervene. then, relief rally. then, reality sets in about what it means long term.

Yah. The potential H&S pattern that was forming has been invalidated now so door is open to 1340+ before reality sets in.

 

[mastacoli71]

lol, so far only central bank not commenting on rumor is ECB. BOE and BOJ have. go figure. they are probably waiting for all other central banks to speak so they don't have to do anything. whose crisis is this???

 

[gmst]

Quote from gmst:

long ES from 1318.5

did some more trades and closed for around total of 5 points. Had I been more alert, I would have made 12 points at the minimum.