ES Journal Archive (2006 - 2008)

[Spectre2007]

Quote from avarus:

How about nonfarm payrolls video?

https://admin.acrobat.com/_a205571165/p40863784/

thanx for the link, just getting a chance to view it now. There are computer programs that react within milliseconds going through all those steps...he mentions.

 

[avarus]

12-27-07 10:41 AM

1503-1508 was the place to do your what-ifs and play the short side and have reversal plan to place you back long. Look to cover and prepare to enter long mid 80s.
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Interesting how we popped right from the mid 80's @ 1485.

 

[ammo]

good call avarus, where is your resistance today or are you just long til 1560

 

[storm121]

shorties will have a rought time today and over the next few weeks

once we get into january new money will be put to work,driving prices higher.

looking for new all time highs soon

blackguard

 

[avarus]

Quote from ammo:

good call avarus, where is your resistance today or are you just long til 1560

They will likely push this to 1536. But yes, I am playing this to 1560-90. Once we get there, all longer term short plays will be held to 1200.

 

[BoyBrutus]

Quote from apex82:

Here is a video I made after the close describing my es trade...

stops are in for es at 1479

stops are in for nq at 2116

Excellent work Apex

You are very generous with your knowledge.

All you need now is a cool sign off.

 

[detective]

I want to have some of what you're smoking. The market is stuck in a trading range which I see going on for a very long time, 1200 won't happen. The Fed won't allow it to. Yes, they can print enough money to not let it happen with ease. Zimbabwe here's to you!

Quote from avarus:

They will likely push this to 1536. But yes, I am playing this to 1560-90. Once we get there, all longer term short plays will be held to 1200.

 

[mbusch]

Quote from detective:

I want to have some of what you're smoking. The market is stuck in a trading range which I see going on for a very long time, 1200 won't happen. The Fed won't allow it to. Yes, they can print enough money to not let it happen with ease. Zimbabwe here's to you!

The Fed has been rendered all but impotent by globalization and securitization of debt. Other than jawboning, they're pretty much powerless and their actions are driven by the markets rather than the other way around.

For what it's worth, I do think we'll see Spooz 1200 in 2008 or 2009.

 

[apex82]

adding on more here at 1496.50

stop for add on at 1494

missed first target by a couple points overnight.

 

[mbusch]

Short in AH from 1500.75, added on at 1499.25.
Covered half at 1497.00 for +3.75. Holding other half with profit target of 1495.25.

Countertrend trade. Will be looking to go long as soon as I close this one out.

EDIT: Filled at 1495.25 for +4.00, now flat and looking to go long.