ES Journal Archive (2006 - 2008)

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Quote from joeyata1:

whats really interesting on this board and boards everywere is how all are looking for a bounce. we heard the same battle cry last week and the week before. we've all become so conditioned to expect a bounce the last 5 years its frightning. we've had that magic hand(thefed,ppt team) underneath us for so long its almost become a god given right it will be there forever.i've heard no talk of the extremely low vix on friday nor the low put to call on friday showing major complacency. i guess the lone ranger is prince alawad saving cit bank. hey didn't abu dhabi just save them 10-15% higher? didn't somebody save bear sterns 50% higher? what happened to all those stock buybacks that would assure us the market would never drop?what happened to all the buyouts that would reduce are stock market float by 50%? weres $10 million a year cramer now after telling me to buy jpm at $50 are wb at $54? always remember were 5 years and 2 months into this bull market. its very long in the tooth. its been my belief that the market was interrupted in 2003 from entering a major capitulation were people dumped all stocks and funds in mass. because they interfeared the coming bear will be much worse. in the end before we can get a bottom people will hate stocks. the problem for day traders is will this shunning of stocks kill all volatility? nobody knows when this comes but its not far off
... I'm pretty sure we'll see an upwards bounce going into next week ... and for that far distant time when "everyone will shun stocks", well, all I have to say to that is: have you been following this Journal?

Nobody here just trades stocks or their derivatives. The trade:

Currencies,
Ag,
Notes; and
Energies

among others, sooooo thanks for the heads-up, but I don't think folks around here are too worried.
 
Quote from apex82:

I aint touching this with a 10 ft pole.... I had a small long in the nq and I got royally f'd with slippage...
I had a small short in the ES with the same result. My 2.5-point stop would up 6 points in the red. Looking at the 240-tick chart, I've never seen anything like it. Looks like two giant programmed trading computers got into a fight with one another. Virtually anyone who had a trade in at the time, regardless of direction, got whipsawed out.

Fool me once, shame on you. Fool me twice, shame on me.
 
Quote from Spectre2007:

last nites session is just evidence of how money is stolen from the masses in the various markets.

you know it.........that was completely orchestrated & anyone whom believes it was the infamous "fat finger mistake"....i have a freshly painted bridge for you at a wonderful price.
lots of filthy games being played right now & last night was evidence.
 
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