ES Journal Archive (2009 - 2010)

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Too far of a move and too fast?
In the last few days, there has been no shortage of vigorous ET threads cropping up, proclaiming short the here and now.
Hmmmm.
Genuine buying picture (volume, sectors) overtaking the short covering rally picture.
Where do the short sellers really start to scramble? Strong earnings start by Techs. Data/News green shoot variety. And lack of threads such as: a new bull market has started. More upside tomorrow I think.
 
Quote from satchel:

In the last few days, there is no shortage of vigorous ET threads cropping up, proclaiming short the here and now.
Hmmmm.
Genuine buying picture (volume, sectors) overtaking the short covering rally picture.
Where do the short sellers really start to scramble? Strong earnings start by Techs. More upside tomorrow I think.
More...

GE will kill the rally. Profit taking tomorrow.
 
Thats actually bad news. Increased building on top of huge inventory on the mkt means more price drops coming. Bank earnings overall this weak still horrid. The hype in front of the earnings was a wall street scam.
 
Shhh. Mortgage defaults aren't a problem either.
The excess houses, all that rotting inventory will have to be disposed of...somehow.

Anyway, C pulled something out of it's a** today and that in and of itself is amazing. $4 Billion headline is all we need to see on the nightly news. What me worry? :eek:
 
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