ES Journal Archive (2006 - 2008)

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Price of tea in China?


Quote from saxon22:

I got short 3 at 1478 looking for 1475. Seems like the AH market is a little bit easier to make $$$$ thanx to those spikes on super low volume. I have another 1 contract short position waiting at 1480.50.


BTW is there any kind of news that pushed the ES so far up so fast or is this normal occurrence for AH?
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Quote from saxon22:

I got short 3 at 1478 looking for 1475. Seems like the AH market is a little bit easier to make $$$$ thanx to those spikes on super low volume. I have another 1 contract short position waiting at 1480.50.


BTW is there any kind of news that pushed the ES so far up so fast or is this normal occurrence for AH?
More...

Hopefully you have already seen...but just in case

Weber's comments, ECB may not raise rates after all (annoucement 7:45AM EST) and Bank of England action (also announcement 7:00AM EST). Here are links to both on Marketwatch.

http://www.marketwatch.com/news/sto...x?guid={94A545D4-1822-49B8-8D5B-BD0972631F46}

http://www.marketwatch.com/news/sto...x?guid={52D875A2-C91C-4D43-B6AC-AD42BF421799}

If you have any problems viewing, sign up for a free account. Off to bed, see you bright and early (at least for us west coast traders)

Most likely ES won't get to either point, (I'll be asleep during the 2 announcements and Initial Jobless Claims as well) but I have orders out there to short at 1498 and get long at 1458 (with approriate stops out there)
 
6:00am drop in ES

CNBC just reported that the China central bank raised its reserve requirement by 50 basis points

also at 6:00am, drop in ES might be related to
German Factory Orders m/m REPORTED -7.1% expected -2.2%
 
Quote from vertigo3:

6:00am drop in ES

CNBC just reported that the China central bank raised its reserve requirement by 50 basis points

also at 6:00am, drop in ES might be related to
German Factory Orders m/m REPORTED -7.1% expected -2.2%
More...

Ya made a rounding top, then broke the neck and fell like a stone.

Anek
 
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