ES Journal - 2012

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Quote from ammo:

http://online.wsj.com/mdc/public/page/2_3022-mfgppl-moneyflow.html holding up uncharacteristically well, have to wonder what ben and his kronies are planning at the fed budget balance announcement

they know what will happen if they continue the money pumping ponzi scheme. read the attached. since aug 2008, banks lendable reserves have increased from 2 bil to 1.5 tril. my guess is the most they will do is cut the overnight deposit rate to 0 to actually get this money out in the economy. scary as the definition of inflation is too many $'s chasing too few goods. we have an idea of the recent trends of the goods part of the equation and as far as $'s, well 1.5 tril. hmmmm
 
Quote from gmst:

short 1394.5

Market is pretty strong, but AUD has been weak today.

still holding short.

Adding to short at 1400.

Scale out first target 1385 and other below it
 
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