ES Journal - 2012

[gmst]

Speaking from an economic viewpoint, Bernanke gave two things to market:
1) Bond purchases of 45 bn per month - not a great amount but nevertheless its a plus amount, rather than same or being a minus.
2) Inflation upperband of 2.5% - this increase of 50bps in inflation upperband must be bullish for equities medium to longer term.

 

[Builder17]

out rest at 26.75.
oh well.

 

[gmst]

Quote from Builder17:

out rest at 26.75.
oh well.

kudos - nice trade!

 

[Builder17]

thank you.
hope you made the right call getting out of the long!

 

[Spectre2007]

what the..f

 

[Pekelo]

Quote from Pekelo:

2nd gap baseline is 1428.25.....

Sure enough the 2nd gap closed before the big movements starter. So obviously, anything in the 1433-35 range preopen was a free money short....

 

[Spectre2007]

Quote from Spectre2007:

what the..f

rare gap down

 

[Spectre2007]

esh13

 

[Spectre2007]

cash

 

[Builder17]

30.75 short
stop 35
target 22