ES Journal Archive (2009 - 2010)

bvam1 · Jun 5, 2009

Here goes...

Roman Candle · Jun 5, 2009

Quote from kinggyppo:

can you explain the correlation, I understand eur/jpy correlates
to the indexes, how does usd/chf function?

Inverse, with a lag.

saliva · Jun 5, 2009

Looks like some whale is soaking up all the bids.

saliva · Jun 5, 2009

Quote from saliva:

Alright folks, short 943

Target 920-924

Getting out at 943.25

Ain't going anywhere.

riskymove · Jun 5, 2009

Quote from saliva:

Getting out at 943.25

Ain't going anywhere.

Nope bears totally screwed again. They need bonds to take off so the funds flows stop coming in.

bvam1 · Jun 5, 2009

Tight range until breakout/breakdown. Triangle pattern shows indecision...weakness in pushing above 200 DMA.
This will run fast soon.

saliva · Jun 5, 2009

Taking a small long at 44.25

SL below 42.25

saliva · Jun 5, 2009

Quote from riskymove:

Nope bears totally screwed again. They need bonds to take off so the funds flows stop coming in.

Enlighten me. What's going on in the bond pit?

Lawrence Chan · Jun 5, 2009

41-42 area defended.

What's next?

Vol's target of 20 area needs a sell off now.

riskymove · Jun 5, 2009

Quote from saliva:

Enlighten me. What's going on in the bond pit?

Massive selloff - 10 yr rates hit 3.9 on the NFP number this morning. Hopefully that can attract some buying interest asset allocation wise thinking maybe stocks rich to bonds. At the very least it should cause some serious issues for mortgage refis but the bullies will worry about that another day....