ES Journal Archive (2006 - 2008)

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"The New York Stock Exchange announced in March of 2000 that margin debt was at 278.5 billion dollars. The severity of the decline was felt like a tidal wave by mid April of 2000. The New York Stock Exchange announced in February 2007 that the margin debt was an all-time record 285.6 billion dollars. Is another tidal wave already speeding toward the shore line? I think so!"



Quote from volente_00:

You have some good points but why is retail margin debt back at an all time high ? The last time people borrowed this much to trade signalled the top of the last bull. This time is different right ?


http://www.thestreet.com/markets/marketfeatures/901067.html


http://bigpicture.typepad.com/comments/2007/01/margin_debt_up_.html



Must have read my mind.
 
Quote from porge:

i think jj and volente are still puking their guts out..they went silent...just think if they were trading realtime real money instead of paper trading what they would feel...

hey porgers, how'd you do today with your 100% system?

yeah i know, the question's rhetorical, you scored again ... vol_00 made the call of a major downturn a few days ago, so I doubt he's puking.

me, i've been re-tooling, like the results.

be talk'in to you later.

good trading,

JJ
 
Not to take away from the gent who posts Oscar C's Omni trader recs-
Omni says BUY @1400-1402 with Tgt of 1437 by Fri. R @1422. 10 pt. STP.
FWIW.
 
playtime is over....down sell up buy....volente called "a few days ahead"...He knew China would cause the fall....I didn't hear him say China...or computer stuff? US economy is going great guns....Greenspan might be right, but I doubt it....my economy is in my hands, just like yours.........Hillary will get this stock market back on track....
 
Quote from aspenboy:

Not to take away from the gent who posts Oscar C's Omni trader recs-
Omni says BUY @1400-1402 with Tgt of 1437 by Fri. R @1422. 10 pt. STP.
FWIW.

That´s ok, carry on. :)
 
the ONMI apparently projects markets....daytrader should only trade what is happening right now....not history or future...IMHO...I have a very weird approach...I like to be going where the trend tells me price is going right now....with super high probability and very low risk....entry points......trend is my friend...there can be several trends all at the same time most of the time.....depends on what u see as trend on your short chart or your long chart....trends are in the eye of the beholder...but one of them is correct ....is yours?
 
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