ES Journal Archive (2009 - 2010)

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Quote from Brianharvey:

This surely has to bounce a bit.
Going long here at 1098.7 SPX
Stop at 1093.0

If you go long at 1098.7, what is your target? The market closed around 1105. That's not many points. And 1098.7 is around yesterday's close. So this market is still very much overbought. Its amazing how people are so tempted to buy dips in this market, even those that are less than 10 points on really bad news!
 
yes ,fading moves, buying dips and selling ralliesis a hard trade, but fading this after hours int rat hike,there has got to be easier money out there
 
Quote from JSSPMK:

They just shot themselves in the foot in a way. Oh well, another confirmation that they can't be trusted, only recently the FED said that rates will not be raised for a considerable period, what is considerable? A few months?

Discount rate up, if in normal time, implies reverse flow of capital in days to rebalance the currencies.

=> EURUSD sell off big time

=> but not so sure about ES .... it is less predictable these days.
 
Why didn't they raise at the last meeting? Why spook the market right here right now?

I guarantee Goldman Sachs had previous knowledge of this decision and are exiting their massive shorts into this.
 
Damn, just got back from my evening run and I have a plethora of simbucks on my short fade from 1105.75. Husband's whining at me now, "Why wasn't that in the live account?" :D
 
Quote from [Proximo]:

Why didn't they raise at the last meeting? Why spook the market right here right now?

I guarantee Goldman Sachs had previous knowledge of this decision and are exiting their massive shorts into this.
someone came into spx at 20 min.s before closing bell and traded 14000 1100 calls and 7000 1100 puts,in 1 minute, if the sec wanted to investigate,the proof is there,spx settles on the opening price fri morning
 
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