ES Journal Archive (2006 - 2008)

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no thinking involved....when globex opens tonight... fortunes will be made and lost..

If I was a long term investor, I would be extremely upset with the FED performance as of late.

Bernanke, should be replaced when his term is up. When he came into office, and was found out he did his thesis on the Great Depression, his fascination with it, might be leading him to subconsciously repeat those decisions that led to it in the past.

He needs a psych evaluation. If you realize what the FED has been doing, they have not been adding liquidity ever since this crisis started, they are giving the illusion of adding liquidity.

I hope Bernanke is replaced. The underlying theme historically has been one of transferring wealth to the deep pockets, since deep pockets never get a margin call.

http://www.zeitgeistmovie.com/statement.htm

its a crooked system.
 

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this reminds me of the day after 9/11 after the markets had been closed for a couple weeks.

I think the dow opened -700 that day.maybe it was -750. anyway,the market consolidated for a few days then took off leaving all shorts in the dust.

heh, Ive got a feeling the same thing will happen now starting tomorrow.

blackguard
 
I don't think Bernanke can be blamed for what is happenning.

The closest to this scenario I believe happened in 98 with the LCTM blowup.

In my opinion this is about 10 times larger...
 
Quote from Spectre2007:

pm me..about how I'm going to approach tomm...(tonight)

I don't trade short term. But you can post your approach here for everybody (including me) to learn if it's cool with you.

:)
 
Quote from Optionpro007:

I don't trade short term. But you can post your approach here for everybody (including me) to learn if it's cool with you.

:)

ya, spec, we'd all be interested to know....
 
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