ES Journal - 2021/2022

[mervyn]

just made 18.75 points today- took some losses in the morning, but not a red day.

3800 buy didn’t get filled, I shall wait.

 

[SammyJ]

Vicious movement on both sides.

 

[mervyn]

I doubt it. Next FOMC will be 50. Powell's no Volcker and he'll cave into political pressure, as he has been doing for the last 2 FOMC meetings.

no, the dot plot says 125bps by the end of the year, so 75+50 is the easiest way not to ruin the holdiday.

 

[schizo]

no, the dot plot says 125bps by the end of the year, so 75+50 is the easiest way not to ruin the holdiday.

So you're expecting 75 in Novemember and 50 in December? I suppose one more 75 wouldn't hurt, but I'm pretty sure Wall Street would balk at the idea, especially if we dip our toes in recession. Guess we'll just have to wait and see.

 

[schizo]

Vicious movement on both sides.

Think I'm getting sick.

 

[schizo]

For the record

Long 35.25

SL 28

 

[Laissez Faire]

For the record

Long 35.25

SL 28

Sweet entry. Breaking it even?

Could see a good drop here into the Close.

 

[mervyn]

just made 18.75 points today- took some losses in the morning, but not a red day.

Booked another 12 points, done for the day.

 

[Laissez Faire]

3800 by the Close to fill that gap below looks about right.

 

[mervyn]

3800 by the Close to fill that gap below looks about right.

I think so. Asia markets open soon and lot of managers will sell, then European markets selling pressures come next.

Adjust my GTC buy to 3775.