ES Journal - 2012

Status
Not open for further replies.
If we go over cliff at close tomorrow, i see no reason why 1333 is not in the cards by weeks end. That is where we traded on 11/16 before everyone got around the white house fire and sang kumbaya.
 
Quote from mastacoli71:

If we go over cliff at close tomorrow, i see no reason why 1333 is not in the cards by weeks end. That is where we traded on 11/16 before everyone got around the white house fire and sang kumbaya.
More...

orderflow dynamics are warped, its all about who can goose who.. which money pools can be garnished. All central banks are instituting support measures, and are buying each others debt.

the fed bought distressed assets, and continues to buy them.. european debt (greek) was a good play. So the distressed securities fed has on its balance sheet, its making a profit on, it has no choice but to continue to pass out the kool aid as long as possible.
 
Quote from Spectre2007:

orderflow dynamics are warped, its all about who can goose who.. which money pools can be garnished. All central banks are instituting support measures, and are buying each others debt.

the fed bought distressed assets, and continues to buy them.. european debt (greek) was a good play. So the distressed securities fed has on its balance sheet, its making a profit on, it has no choice but to continue to pass out the kool aid as long as possible.
More...

and they continue pouring the kool aid as we see them squeeze the shorts from friday.
 
Quote from Spectre2007:

orderflow dynamics are warped, its all about who can goose who.. which money pools can be garnished. All central banks are instituting support measures, and are buying each others debt.

the fed bought distressed assets, and continues to buy them.. european debt (greek) was a good play. So the distressed securities fed has on its balance sheet, its making a profit on, it has no choice but to continue to pass out the kool aid as long as possible.
More...

and the thing is, they are damaging market structure everyday by the game they are playing. everyday investor losing confidence year by year. when it unravels, there won't be a central bank to bail out another central bank cause they are all in printing mode unlike past crisis.
 
Status
Not open for further replies.
Back
Top