ES Journal Archive (2006 - 2008)

brightstone · Nov 22, 2006

For the americans,
Enjoy your turkey.

just a note of appreciation for all contributors on this journal.
may your targets be filled.
Alan

JohnBob · Nov 22, 2006

Quote from romik:

is CME open till 2 on Fri?

I think the following says there are regular hours on Friday for the equity indexes.

http://www.cme.com/trading/res/cch/2007thanksgiving832.html

JB

K-Rock · Nov 22, 2006

Your looking at the wrong year (2007 vs. 2006):

http://www.cme.com/trading/res/cch/2006thanksgiving5485.html

CME Equity Indexes: Close at 12:15 CST

Quote from JohnBob:

I think the following says there are regular hours on Friday for the equity indexes.

http://www.cme.com/trading/res/cch/2007thanksgiving832.html

JB

romik · Nov 23, 2006

Thu closed, Fri till 12.15

JohnBob · Nov 23, 2006

Quote from K-Rock:

Your looking at the wrong year (2007 vs. 2006):

http://www.cme.com/trading/res/cch/2006thanksgiving5485.html

CME Equity Indexes: Close at 12:15 CST

Oops!!

Those of us in The Home try to remain optimistic about seeing another year.

JB

Buy1Sell2 · Nov 24, 2006

Again, I will be looking long only intraday until the market convinces me of trend change.

Optionpro007 · Nov 24, 2006

The DAX, strongest European market in my view is down 1.50% overnight.

Just a word a caution.

romik · Nov 24, 2006

Do we assume current decline in S&P due to USD decline? If so and USD continues to tank, could we expect a further decline in the S&P? I recall you mentioning something regarding FX/S&P in the past.

Buy1Sell2 · Nov 24, 2006

Quote from romik:

Do we assume current decline in S&P due to USD decline? If so and USD continues to tank, could we expect a further decline in the S&P? I recall you mentioning something regarding FX/S&P in the past.

On longer term charts, the correlation is no there. It does semm to be intraday, but over a long time frame , the sp has risen while the dollar has weakened. --meaning that sp gains are not quite as good in usdollars.

Buy1Sell2 · Nov 24, 2006

Quote from optionpro007:

The DAX, strongest European market in my view is down 1.50% overnight.

Just a word a caution.

I will not be entering until I see a long signal. I am still long on a position basis. I've had some out of the money short calls expire recently and have replaced them with higher strikes. As well, I have scaled in a few more. Just a gradual scale in with expectation that they will continue to expire worthless.