ES Journal - 2012

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Quote from gmst:

My initial stop was 3 points, but when price moved in my favor, I tightened the stop. Currently, focus is not on winning big, rather don't want to lose much.
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Agreed.

This is a tough area of expected chop. Expanded out another 10 points is an even wider band.

Tough conditions for scalps and the need to keep losses low. Very tough.
 
Quote from Grandluxe:

Is there news?
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People are expecting an Obama win, thus the rally. The uncertainty is disappearing.

Even ignoring that, QE3. Market can't go down Even Twist led to a rally. You can still buy the dip and free money.

Also, santa claus rally.

As you see, there are SO MANY BULLISH things right now going on, a long is a NO BRAINER.

I predict 1500

Edit: market rose after katrina too.
 
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