ES Journal Archive (2009 - 2010)

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Quote from ammo:

add 1006, offer 1008
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It's none of my business, ammo, but should NFP turn out to be (much) better than expected and the market uses it as an excuse to rally strongly, you could get hurt badly. :( Such a scenario isn't beyond the realm of possibility.
 
Quote from pcvix:

It's none of my business, ammo, but should NFP turn out to be (much) better than expected and the market uses it as an excuse to rally strongly, you could get hurt badly. :( Such a scenario isn't beyond the realm of possibility.
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imagine bernanke towing a large bag of garbage up a steep hill to the creditors ofice,and when he gets to the top and asks for a credit extension, the creditor asks for collaterall, whats in the bag, he asks, trillions of debt,and a printing press, bernanke answers.He gets denied, and its a long way down the hill, he's tired so he sits on the bag and rides down.
 
Quote from ammo:

imagine bernanke towing a large bag of garbage up a steep hill to the creditors ofice,and when he gets to the top and asks for a credit extension, the creditor asks for collaterall, whats in the bag, he asks, trillions of debt, bernanke answers.He gets denied, and its a long way down the hill, he's tired so he sits on the bag and rides down.
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Sounds like how it is - just beware, the market don't care whats right or wrong, it just moves where it wants to.
 
Agree with ammo, huge battle shaping up in Tuesday morning, high volume sell off range. Perfect place to be coming into nfp coming off a db yesterday. 1015-1020 should be pivotal range if we make it. If the shorts deliver a haymaker post number, I expect yesterday's low to be taken out.
 
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