ES Journal Archive (2009 - 2010)

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Rigged market. Short scalps with small short core holding or puts is the way to play this for now. Or longs with close stops. Either way, market environment has changed for the time being until people realize that their purchasing power is going down the drain with devaluation of hard earned dollars. Think the gov't is looking out for you? Think again as they only look out for their own interests.
 
Quote from sttrader:

Rigged market. Short scalps with small short core holding or puts is the way to play this for now. Or longs with close stops. Either way, market environment has changed for the time being until people realize that their purchasing power is going down the drain with devaluation of hard earned dollars. Think the gov't is looking out for you? Think again as they only look out for their own interests.
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RIGHT ON!

:(
 
http://www.elitetrader.com/vb/showthread.php?s=&postid=2359811#post2359811

http://www.elitetrader.com/vb/showthread.php?s=&postid=2359968#post2359968

those 2 scenarios are playing out to a 'T'

and this one will play out to a 'T': http://www.elitetrader.com/vb/showthread.php?s=&postid=2525833#post2525833

my question is what happened to all those people who were looking for SPX 550, 450 and who knows what ridiculous number.Where are they now?

even marketsurfer with his 20000 posts said (on another thread) the market would be cut in half by this Fall.

what are they going to do when the market hits 1050? 1100? or more.....

this is blackguard checking in, the 'real' blackguard
 
Strong resistance SPX@1008.

Will the bulls again defy logic and push through 1008 like they did @ 911, 955, 980, 1000 ? I'm losing my shirt due to bad trading and bad market.
 

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