ES Journal Archive (2006 - 2008)

[Pholeuon]

Eurostoxx, bonds, etc futures is possible trade up to end on US regular session 16:00. Problem is that they are less independent when US session starts although correlation is tight always and there is less liquidity.

 

[saliva]

Quote from gwac:

stage 6
commodities go down

stage 1
bonds turn up (stocks and commodities falling) right now

stage 2

stocks turn up (bonds rising, commodities falling) soon

That was my whole point. when commodities fall, the rising greenback should lower the bond yield and that alone should pump up the stocks. But that's not the case now, which should raise a red flag.

 

[gwac]

There is a lag, higher bonds/ lower yields take time to reflect in the stock market.

Edit

shitty economy sends money to safety or bonds, to much uncertainty in the future cause investors to stay out of stocks, thats why there is a lag in lower yields and higher stocks...

Quote from saliva:

That was my whole point. when commodities fall, the rising greenback should lower the bond yield and that alone should pump up the stocks. But that's not the case now, which should raise a red flag.

 

[regal_2012]

does any1 remember this chart?

http://stockcharts.com/h-sc/ui?s=$NYA200R&p=D&yr=1&mn=0&dy=0&id=p07752237534

what did i mention about it last time?

 

[GTS]

Quote from regal_2012:

does any1 remember this chart?

http://stockcharts.com/h-sc/ui?s=$NYA200R&p=D&yr=1&mn=0&dy=0&id=p07752237534

what did i mention about it last time?

I'm still waiting for you to do something with your long call from ES @ 1287 and then again at 1275. You're 50 points underwater on those calls:

Quote from regal_2012 @ ES=1275:
system says we put in a major bottom this morning

I mean like a multi year bottom

serious uptrend from here

 

[MandelbrotSet]

Quote from GTS:

I'm still waiting for you to do something with your long call from ES @ 1287 and then again at 1275. You're 50 points underwater on those calls.

LOL, he might get lucky going into the primaries next week!


Market looks like it's putting in a major reversal here, so long as the new lows hold, it's all upside into next week.

 

[Pholeuon]

I am friend of very wide stops but 50 handles on ES looks too wide even for me...

 

[jagmot]

Quote from BoyBrutus:

All the sheep were positioning long with talk of 1320, and now they are waiting for their chance to short.

Remember it's always best not to have any sheep on board as they only impede the move, they always take profits to early.

jagmot is the black sheep

Haha nice reference BB, thanks. I'm debating what I want to do with that last contract...don't see a great area for stop movement down and current r:r is 1:1. I will probably flatten near the close today.

On a side note, was just in the front yard last half hour pulling some weeds...and someone down the street just drove by and asked me how much I wanted to do his yard! Maybe I should have asked him how much he wants to do my yard.

 

[MandelbrotSet]

Quote from Pholeuon:

I am friend of very wide stops but 50 handles on ES looks too wide even for me...

50 handles?

Try 16.

Today's Low is 1216.50.

 

[Pholeuon]

regal's call was in 1270 region.
He stated that is not leveraged and ready take some heat. If he is still long it was over 50 handles and this looks to me too wide stop.

16 is nothing, such stops I have ....
But 50 needs a real man with brass balls...

Quote from MandelbrotSet:

50 handles?

Try 16.

Today's Low is 1216.50.