ES Journal - 2012

[trickshot]

Quote from tomahawk:

200 touch on cash daily.

Yea and almost to the tick.

 

[tomahawk]

Quote from trickshot:

Yea and almost to the tick.

SPX is now the last of the big 3 indices to touch ... other 2 blew right through theirs, so we'll see if #3's the charm. I have certain doubts, but it's usually not a good idea to bet against atticus.

 

[trickshot]

Does not look like 200dma will hold, I dont see any strong buying yet.

 

[Spectre2007]

futures unemployment reports will come in strong..

 

[iloveoptions]

Quote from trickshot:

Does not look like 200dma will hold, I dont see any strong buying yet.

There's still more than 90 minutes before the close. Any serious buying can appear as late as 15 minutes before market closes.

The most worrisome indicator for longs including myself is the level of complacency that is reflected in the VIX. It is not in panic mode...yet.

 

[tomahawk]

Lots of folks bought 78's and they have yet to feel any pain.

 

[Trvlwanderer]

cash gonna sleep with it's head on the 200dma pillow.....

Might cause some restless sleep. :eek:

 

[Spectre2007]

markets are saying a big 'fuck you' to Obamanation.

 

[tomahawk]

Quote from Spectre2007:

markets are saying a big 'fuck you' to Obamanation.

Which is funny considering anyone who invested the day he took office would be up about 75% now, or about 18% per year.

 

[Trvlwanderer]

media is already spinning it to blame the House.

pathetic....but reality in our new and fundamentally changed country.