look what it did to the chart, and if the FED has your back, you can pummel any bear positions, and they are doing it AH mostly and moving bar while most everyone sleeps.
ES Journal Archive (2006 - 2008)
- Thread starter Buy1Sell2
- Start date
- Status
look what it did to the chart, and if the FED has your back, you can pummel any bear positions, and they are doing it AH mostly and moving bar while most everyone sleeps.
they don't care about the capital used. Its blatant disregard for R:R.
all the other markes confirming the pop.. carry trades are roaring...usdjpy broke above 115.50.
i would like to see the fed lower rate at sept 18 meeting and tease us meantime with hints of things to come....
what i do NOT want is for them to jump the gun and lower rates in the interim. heck, i would even settle for an easing leaning statement at the next meeting vs. an actual cut, but who knows how the market would take that.
what i do NOT want is for them to jump the gun and lower rates in the interim. heck, i would even settle for an easing leaning statement at the next meeting vs. an actual cut, but who knows how the market would take that.
hey P, your added to skype.
anyone else who wants to join pm me.
anyone else who wants to join pm me.
Damn, I was short from 1479.50 with a stop at 1481 and just got taken out. I had this zone as a resistance level from the daily. Usually in AH they bounce off these zones easily.
:edit: last shot at this zone here... short at 1481 with a stop at 1481.50
:edit:.... done... seems like everyone else and their mom had their stop at 81.50 too....bastards stole .75 a point from me on slippage on the stop-market too
:edit: last shot at this zone here... short at 1481 with a stop at 1481.50
:edit:.... done... seems like everyone else and their mom had their stop at 81.50 too....bastards stole .75 a point from me on slippage on the stop-market too
This is pretty much the last phase:
Evidence the american consumer is going under, is the only thing that can hit the market.
If you realize what the market just went through, 'fear levels' were at the most historically. So unwinding of this fear brings prices higher.
The prices move up and wait for economic evidence, that the end product of all this wealth destruction will be a debilitated consumer. If evidence isn't found blatantly visible, such as soup lines or stark examples, the market moves up or climbs the wall of worry.
Till fear/options get unwound.
Evidence the american consumer is going under, is the only thing that can hit the market.
If you realize what the market just went through, 'fear levels' were at the most historically. So unwinding of this fear brings prices higher.
The prices move up and wait for economic evidence, that the end product of all this wealth destruction will be a debilitated consumer. If evidence isn't found blatantly visible, such as soup lines or stark examples, the market moves up or climbs the wall of worry.
Till fear/options get unwound.
VIX has been way higher than this before, fear levels were high as of late but overall VIX is still pretty low historically.
- Status