ES Journal Archive (2009 - 2010)

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I went back to look and it was you, jason586, short at 914 at market open.

OK new rule, I get to tell jason586, and no one else, how to trade to fend off disaster.

jason586 STOP TRADING.

you will hate me for this statement until your account is empty, then you will wish you had listened.

and seriously, honestly, genuinely, never ever take stock market advice from anyone.

wow is it getting hot in here?
 
Quote from Roman Candle:

Now the bottom will fall out. Then the FOMC will give some rosey talk in there minutes, and we zoom back up.
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Get ready for some happy talk. Banks need to sell shares to raise cash and we all know the fed is in bed with the banks.
 
Quote from iloveoptions:

Nice to see you back! How was vacation?
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It was a nice break, thanks. Good to be back after 3 weeks away from the market. Looks like we're headed to 940 within the next few days...

I see you're still holding your 814.25 short while working your hedge... nice job!

Good trading all.
 
Quote from ASusilovic:

That was a nice inverted hammer on the 240 min chart...well done ! He, he ! :p :) :D
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Yep. But unless there is some strong selling now, that's just a correction to me. Print the same candle pattern in the 940ish area and I might call it a multi week reversal.
 
The Federal Open Market Committee, as expected, did see signs that the pace of the contraction in the economy was starting to diminish, but quickly added that the signs were mostly tentative in nature, according to a summary released Wednesday of their closed-door meeting at the end of April. In their formal projections of the economy, the FOMC said that the unemployment rate would peak at or just below 10% this year. FOMC members lowered their forecasts relative to the projections they made in January, but this was expected given the weak data in the first two months of the year. FOMC members continue to expect a recovery in sales and production to being during the second half of 2009. But the recovery is going to be slow and could take five years or more before the unemployment rate drops back under 5%

Five years ? Hum, I thought tomorrow...:confused:
 
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