ES Journal Archive (2006 - 2008)

[saliva]

Speaking of economic numbers, I guess the market completely ignored, or rather conveniently forgot about, the 12,000 ex-employees CFC kicked out last Friday, plus many more from its subsidiaries and subcontractors that we won't likely hear about in the media.

 

[tommymoose]

Quote from saliva:

Speaking of economic numbers, I guess the market completely ignored, or rather conveniently forgot about, the 12,000 ex-employees CFC kicked out last Friday, plus many more from its subsidiaries and subcontractors that we won't likely hear about in the media.

This is why I don't use fundamentals in my analysis. The market will "completely remember" next time it starts nose-diving, and not before then hehe.

 

[Spectre2007]

I use fundamentals but, its important to see how the market reacts to news, if it ignores news, then it has strong intentions, lets see if it will ignore the 8:30 am news ou tomm.. it will give clues.. to future course, but the true news is FED.

 

[saliva]

Man, just imagine that the market is rallying at your expense should you be one of those who were laid off. How pathetic!

 

[2006]

Being laid off is not always a bad thing. I remember when I got laid off from Nortel -- it was fricking fantastic. Moved to whistler and snowboarded. I tore my knee but that's besides the point.

Throw in the severance pay and employment insurance -- and it is one sweeet deal.

 

[saliva]

Quote from tortoise:

by macro markets, you mean cash indexes -- spx, etc. -- on larger time frame -- daily, weekly?

Quote from Spectre2007:

macro

spooz
oil
bonds
notes
lumber
gold
yen

How do you keep up with all those charts? Also do you really trade 100 lots?

 

[brotherben]

l like to watch my chart instead of the news....causes too much thinking...thinking is not in my rules...up buy down sell sideways do both......

 

[Cy_M]

My net $ gained per net point has deteriorated in the past 3 days, is it me or the market(was it a very slow & sticky day today)?

9/11/2007 Tot. Cars 15 Gained Net ES Points 10.75 Net $/NP Gained$66.90
9/12/2007 Tot. Cars 28 Gained Net ES Points 13.5 Net $/NP Gained$40.75
9/13/2007 Tot. Cars 39 Gained Net ES Points 11.25 Net $/NP Gained$34.99

 

[brotherben]

POINTS ARE HARD CARS ARE EASY....YOU CAN CONTROL CARS U CAN'T CONTROL MARKET......

 

[Spectre2007]

Quote from saliva:

How do you keep up with all those charts? Also do you really trade 100 lots?

it can get mentally fatiguing, its akin during a 8hr period to driving long distances, secondary to the focus required. But only 1 derivative can be tracked intimately in terms of tic action.

I'm looking at a cockpit type seat that is reclined back inside a wire mesh ball, with flat panels afixed to the wires fixed together. Back problems become an issue after sittting for too long.

I know the various markets, like the back of my hand, I knew the macro markets would retrace, as I posted that the macro trade would be replaced.

usdjpy down
bonds.notes up
equities down

towards the close, and this precisely what happened. I try to jawbone the markets for public consumption.