ES Journal - 2019/2020

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The problem with most economists is that they are never sufficiently bullish

Apparently the same can be said of most retail internet trading forum participants.

There's people out there saying Moderna is another Theranos lol.... well I'll tell you what, I doubt it is but if it is... what they did to that Elizabeth chick regarding jail.... these f'rs will get the electric chair.

I'm old enough to remember when the government investigated, prosecuted, fined and jailed biotech pump and dump schemers rather than colluded with them.

The government is directing these PR's or at least allowing them to go out with the Trump Administration's blessing. There will never be a Covid-19 vaccine anymore than there will be a vaccine for the common cold or any of the family of coronaviruses. This pandemic will eventually go the way of all pandemics: It will burn itself out. The President of the United States has made decisions that will result in the virus's flames burning here much longer than had been necessary. But it will just disappear one day.

I am interested in using volume, so I’m curious how important people think it actually is.

You should be far more interested in how important you find volume to be through research, study, observation, and testing. My own conclusions are that with respect to trading individual issues of common stock volume can provide significant useful information. With respect to the emini volume is much less useful. It can be telling at turning points (capitulation, churning), While I do not use volume profile myself, it seems to have some value. But when it comes to the emini, all that matters is price and sentiment (what's the news and how is the market reacting to that news). Price is always primary with respect t the emini.

Talk about stealing the move... Geeeezus christ.

Going to be plenty more where that came from. Watch for the S&P 500 above $3233 or to fail there. Either way it will not likely hug that line for long without making a big move one way or the other.
 
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Apparently the same can be said of most retail internet trading forum participants.





The government is directing these PR's or at least allowing them to go out with the Trump Administration's blessing. There will never be a Covid-19 vaccine anymore than there will be a vaccine for the common cold or any of the family of coronaviruses. This pandemic will eventually go the way of all pandemics: It will burn itself out. The President of the United States has made decisions that will result in the virus's flames burning here much longer than had been necessary. But it will just disappear one day.



You should be far more interested in how important you find volume to be through research, study, observation, and testing. My own conclusions are that with respect to trading individual issues of common stock volume can provide significant useful information. With respect to the emini volume is much less useful. It can be telling at turning points (capitulation, churning), While I do not use volume profile myself, it seems to have some value. But when it comes to the emini, all that matters is price and sentiment (what's the news and how is the market reacting to that news). Price is always primary with respect t the emini.



Going to be plenty more where that came from. Watch for the S&P 500 above 3233-5 or to fail there. Either way it will not likely hug that line for long without making a big move one way or the other.

There always is..... :(
 
S&P at $4000? The Dow Jones at $40,000? How can that be?

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Meanwhile, ink is historically cheap.
 
Gooooong!
Well, Moderna got me.
I wish I would have got up earlier and bought some DAL.
Damn.

There's people out there saying Moderna is another Theranos lol.... well I'll tell you what, I doubt it is but if it is... what they did to that Elizabeth chick regarding jail.... these f'rs will get the electric chair.

What people? S007S :D
 
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