ES Journal Archive (2006 - 2008)

[Spooz Top]

Quote from gwac:

This market is very confused.

issues

Earning have been pretty good
rates cut .75
socgen ????? what impact did that have on the market and will the fed not go next week.
State of the economy.

I think there is more positives than neg right now or to put it better i do not think things are as bad as we though early this week. I rather be long.

the market is never confused......it just is.

hope you don`t believe that Soc Gen story.......fabricated BS story that makes absolutely no sense whatsoever.

 

[gwac]

What is fabricated about it.

Quote from Spooz Top:

the market is never confused......it just is.

hope you don`t believe that Soc Gen story.......fabricated BS story that makes absolutely no sense whatsoever.

 

[kinggyppo]

Quote from smilingsynic:

Friday needs to be a strong day so as to create good vipes for the weekend. Those who follow the business news only on the weekends, during their free time, need to read in Sunday's paper about the rally. Rallies are important to replenish the supply of suckers. At least that's how I see it.

For a swing trade (2-5 days), I would love to see a raid on the stops this afternoon around the low 1330s, a failure to find supply for sale at those levels (even the 1320's), a spring, and subsequently a 30-40 point push by Friday close.
--------------------------------------------------------------------------------



You got it gotta gap it higher, watch the patterns in the morning. Where is my govt check I wanna buy a flatscreen.


Quote from smilingsynic:

Friday needs to be a strong day so as to create good vipes for the weekend. Those who follow the business news only on the weekends, during their free time, need to read in Sunday's paper about the rally. Rallies are important to replenish the supply of suckers. At least that's how I see it.

For a swing trade (2-5 days), I would love to see a raid on the stops this afternoon around the low 1330s, a failure to find supply for sale at those levels (even the 1320's), a spring, and subsequently a 30-40 point push by Friday close.
--------------------------------------------------------------------------------



You got it gotta gap it higher, watch the patterns in the morning. Where is my govt check I wanna buy a flatscreen.


gap higher and sell it to you lower.

 

[kinggyppo]

look to short again $134.50 cash/spy.

 

[storm121]

Quote from gwac:

What is fabricated about it.

dont even listen to that whacko.

you should see some of the PMs he sent me.

I will be posting those in chitchat soon.

blackguard

 

[apex82]

Quote from apex82:

ES SR levels

constructed last night, posted before open...

nice 30 pt drop off minor R

 

[kinggyppo]

Quote from gwac:

What is fabricated about it.

Are you serious? how does one trader lose 4 billion without anyone knowing, this guy must be Houdini.

 

[apex82]

Quote from apex82:

closing out more at 694 +8

only 1 unit remaining now

stop moved down to 697.20

stopped out at the high tick... son of a...

now flat er2

 

[gwac]

Agree

But when Socgen dumped the eqivalent of 40 billion dollars in a weak market. Things got a lot uglier than they would have. Would the fed have gone .75 ?

Quote from kinggyppo:

Are you serious? how does one trader lose 4 billion without anyone knowing, this guy must be Houdini.

 

[gwac]

To add, is it possible that some knew about this last week and took advantage?


The market is where it is, but imho it is running out of excuses to keep selling.

TE]Quote from gwac:

Agree

But when Socgen dumped the eqivalent of 40 billion dollars in a weak market. Things got a lot uglier than they would have. Would the fed have gone .75 ? [/QUOTE]