ES Journal - 2012
- Thread starter Buy1Sell2
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I smell a big rally coming. All the accumulations that took place the past few days will be well harvested. The market is quite oversold, and it's waiting for a little spark to ignite a nice rally to the 1420's. It would be nice if Apple leads.
Current position is long from 1377.5 + 1358.5 with an avg price of 1368. Final two adds will be at 1342.75 and 1332.5 Stop at 1323
There is a trendie on cash index that we haven't touched yet..
When inflationary growth filters into the economy and the Fed is less likely to keep rates low. Credit flows will diminish and exit from bond funds occur. Equities in general do fairly well. The money from bonds would be looking to enter equities at optimal levels. So a preemptive equity drawdown will coincide with a less then correlated gap up in credit prices. If you see bond market less responsive to equity drawdowns it means the liquidity generated in bonds is being used to cash out of bonds at high levels.
When inflationary growth filters into the economy and the Fed is less likely to keep rates low. Credit flows will diminish and exit from bond funds occur. Equities in general do fairly well. The money from bonds would be looking to enter equities at optimal levels. So a preemptive equity drawdown will coincide with a less then correlated gap up in credit prices. If you see bond market less responsive to equity drawdowns it means the liquidity generated in bonds is being used to cash out of bonds at high levels.
The political fighting might lead us to the very edge before an agreement is reached.. It's all time dependent plus tax selling. So markets can go to the extreme just based on time alone.
Too funny.
Unemployment jump is now "Sandy's fault".
Good grief this propaganda is amazing.
Unemployment jump is now "Sandy's fault".
Good grief this propaganda is amazing.
Time decay...How many days before the end of the year.
eur/usd being released from it's flag.
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