ES Journal Archive (2006 - 2008)

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Quote from JSSPMK:

Long 1288.25 off 1, stop near 1287, hard -5

Scaled out 2/3 +2.25 taking no prisoners

2m strengthening upside

gambling 1/3 till the LOD as I do like 3m histo's 2nd high pass
 
Quote from opt789:

For anyone interested, pull up a monthly SPX chart for the last decade and put on a 50 exponential moving average. It is easier to see if you make the chart a line chart. I am not posting a chart to avoid coloring someone's view. Any comments on what you see?

looks very bearish, broke through 50 ema line


do you agree?
 
The context of weak dollar, equities and strong commodities makes US markets very atttractive to strong foreign enitities. Markets always correct imbalances, not central banks, governments or the tooth fairy. Regardless of how bad they try to fuck it up.
 
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