ES Journal Archive (2006 - 2008)

[Spectre2007]

960 is a good pivot to 1060...

760 sustained break could occur if consumers default on credit taking the major suppliers of credit under, or increasing short term borrowing costs even higher then they are further choking consumer spending.

 

[ammo]

as in all support or res lines we need to retest, blue line starts in 1929 and is 804 broken supp,line below is 604,starts in 1942 is untested supp

 

[ammo]

possible:mid area gap fill,upper and lower areas supp/res,3 white areas drawn to the right of the larger graph on left side of picture upper nip882-3, lower nip 867, gap fill in center 874-878,small ledge at 878 may provide res

 

[Zodiac4u]

Quote from ammo:

possible:mid area gap fill,upper and lower areas supp/res,3 white areas drawn to the right of the larger graph on left side of picture upper nip882-3, lower nip 867, gap fill in center 874-878,small ledge at 878 may provide res

What happened to the great fader trader? Now you are just another anal-iZER.

 

[InvestVision]

interesting note from this news url related to 4 th quarter earnings ..

"I think a lot of CEOs want to put everything bad into the fourth quarter because the market expects it to be bad so why not put everything you can in there," he said. "There's going to be a lot of bad corporate news during the next few weeks, and that's going to reinforce the demand destruction theme for crude."

http://biz.yahoo.com/ap/081226/oil_prices.html

 

[InvestVision]

Quote from InvestVision:

interesting note from this news url related to 4 th quarter earnings ..

"I think a lot of CEOs want to put everything bad into the fourth quarter because the market expects it to be bad so why not put everything you can in there," he said. "There's going to be a lot of bad corporate news during the next few weeks, and that's going to reinforce the demand destruction theme for crude."

http://biz.yahoo.com/ap/081226/oil_prices.html

I think we need to keep this in mind as big picture perspective while forecasting S&P 500 for next 2 months in this ET forum , news Quote follows .........................
------------------

http://biz.yahoo.com/ap/081226/oil_prices.html

Many companies will likely report dismal earnings for the fourth quarter and may use the lowered expectations to include massive writedowns or one-time charges, Moltke-Leth said.

"I think a lot of CEOs want to put everything bad into the fourth quarter because the market expects it to be bad so why not put everything you can in there," he said. "There's going to be a lot of bad corporate news during the next few weeks, and that's going to reinforce the demand destruction theme for crude."

 

[BoyBrutus]

Quote from InvestVision:

I think we need to keep this in mind as big picture perspective while forecasting S&P 500 for next 2 months in this ET forum , news Quote follows .........................
------------------

http://biz.yahoo.com/ap/081226/oil_prices.html

Many companies will likely report dismal earnings for the fourth quarter and may use the lowered expectations to include massive writedowns or one-time charges, Moltke-Leth said.

"I think a lot of CEOs want to put everything bad into the fourth quarter because the market expects it to be bad so why not put everything you can in there," he said. "There's going to be a lot of bad corporate news during the next few weeks, and that's going to reinforce the demand destruction theme for crude."

Standard procedure in bear markets

 

[BoyBrutus]

2 point 15 minute opening range, yay

 

[saliva]

Quote from Zodiac4u:

What happened to the great fader trader? Now you are just another anal-iZER.

That's because it's so much easier to be anal. Well, some traders prefer being pussies than anal.

 

[vertigo3]

Quote from Spectre2007:

markets will be kept up for the first few months of next year...

mandatory fund inflows wont be given discounts.

Spectre,

is this an example of the support markets see at the beginning of a new year, due to the mandatory fund inflows?