ES Journal Archive (2006 - 2008)

Status
Not open for further replies.
when esu07 gets to 1484 I may be buying 1405 puts for 19th exp, if it doesn't get blown though and it occurs before 7am pst
 
Quote from kinggyppo:

Just my daily rant but why now all of a sudden is Greenspan telling all, that crytic _____ (fill in the blank). Pure noise and a major distraction from the issue at hand.

edit:

I meant cryptic, as in crypt, dead, irrelevant.
More...


Greenspan is making all this noise (granting countless interviews, going on 60 minutes, etc )to coincide with the release of his book. Really really bad timing I think. To me Alan Greenspan looks, talks and acts like Woody Allen. Once you get that image in your head you will never get rid of it, and hopefully never take the guy seriously again.
 
What are the markets saying?!

Gold, 50 basis, rally, dollar depreciation, FED liquidity pumping, helicopter Ben.

US/TY, reflexive with Equities, rally to 1520 in ES, 13800 in YM.

ES/YM, helicopter Ben to save the world, 1520, 13800 in YM.

CL, crude, dollar depreciation, helicopter Ben, same thing as the Gold market.

GBPUSD, banking crisis, undermining its currency at the moment. Leading to dollar strength in reference to GBP.

USDJPY, rally to 117, with a 50 basis cut support markets.


Thats what the preemptive trends are indicating. That Bernie has to cut 50, if you look at whats going on in UK, the fear is something similar could start unless, the markets are reassured tightwad Ben will open his purse strings for the short term anyways. This stuff is what history is made of. So even if hedgie want to sell it hard, its in their best interest to let the equities float up to premium and short at higher levels, instead of trying to force it down, the UK banking issue changed the whole dynamics of the trade.

Gold long
Oil long
ES/YM long
USTY short
USDJPY long
GBPUSD short
 
Quote from Jaxon:

Greenspan is making all this noise (granting countless interviews, going on 60 minutes, etc )to coincide with the release of his book. Really really bad timing I think. To me Alan Greenspan looks, talks and acts like Woody Allen. Once you get that image in your head you will never get rid of it, and hopefully never take the guy seriously again.
More...

I don't care but he was so tight lipped during his tenure, I find his timing kind of strange. It seems like misdirection, did anyone ask big Al what we do tomorrow?:confused:
 
i don`t get excited over fomc`s anymore but this is going to be one of the more interesting fomc`s in a long time & may very well dictate short term direction.
fed is screwed either way,imo & i don`t see any way out......this pic has stagflation written all over it.double digit interest rates & no growth.....the miserable `70`s all over again is the way i see it.

the responsible thing for the fed to do is leave rates alone & not cut but i`m sure we`ll see the .25 with an easing bias.i don`t see a .50 but if we do,it`ll provide the ultimate sell once the rally fades & still looking for a catastrophic enema & a massive transfer of wealth....just a matter of when.

interested in hearing some other views.
 
Status
Not open for further replies.
Back
Top