ES Journal Archive (2006 - 2008)

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Quote from BoyBrutus:

Thats great JJ
My long indication was from the basic ES hourly chart , confirmed by the other emini's.

If anybody wants to learn more look up Spike500's methods in his posts.

Enjoy your weekend.
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Thanks for the info BB.

I've looked over some of his posts this weekend and find that we have a similar style of trading ... took almost as long to put it together too.

JJ
 
Spec

I read your post with interest. I can't claim to have managed big money however, this industry is (or perhaps I should say was in the past) a fairly closed community. I certainly do know managers who control significant money and our agendas were quite similar.

Looking at your list of priorities frankly I don't see many that would influence my decisions, other than liquidity.

As for the issue of market influence, yes size certainly does cause movement, but a significant amount of size in equities is executed by pools that a retail trader could never access. Further, the larger players distribute size (for execution) amongst groups of folks. I used to be one of them.

I think your basic concept is about right, but as regards details well Elvis has left the building. For instance, as regards interest rates, all of the size players have different cost of money basis, and different tax circumstances. This implies a diversity of agendas as regards markets, execution styles and timing.

Steve
 
Pardon me for this, but for the record. I posted not because I am critical in any way of your concept, but because I would be interested in hearing more about it. Specfically of the items you listed, why do you think the status of the presidential office is important? Also I am interested to know why you believe that new technologies or M&A activity are of significance?

Good luck in the markets

Steve
 
Quote from Spectre2007:

large money flows work in concert, if the psychology of large money flows conflicted, prices would move sideways. Since the conflicting orders would match each other.

when price slippage occurs in a given direction beyond the average, it means large money flows are working in concert. In a given system, the populace or masses that make trading decisions, the psychology of the individual participants is what dictates whether money is made or not. If a individual investor can model the behavior patterns of the large money flows, it becomes an edge.
chris
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Hola Spectre2007,

In two paragraphs, you have just described the inner workings of the large markets and outlined a glorious method by which to trade them.

I said some time ago that I would remain outside this thread, because my train of thought would serve to confuse those who were concentrating on levels, divergences and solo price action predications and so I shall.

However I just want to take a moment to congratulate you Spec '07 on your clarity of thought and perception.
 
http://www.usatoday.com/money/markets/us/2007-02-20-mart-president-usat_x.htm

above is a link about the stock market performance and presidential election cycle.

M & A's, just adds a premium to underlying equities, since anticipation of a buyout pumps up select shares or sectors. If world markets are opening up, international conglomerates seek to have a better stance or access to markets by acquiring companies. Plus the China factor, as paper assets are sought to be converted to hard assets, China's huge reserves, as they seek to buyout resource utilization companies to improve their costs of production.

thanx fearless, I try to look ahead at fixed catalysts on the timeline and then correlate it with the time period to determine probabilities of what the equity market sentiment will be like.
 
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