ES Journal Archive (2009 - 2010)

[saliva]

I don't want to scum up this ES pond anymore than it already is but if Pekelo's so damn sure of himself why isn't he disclosing his own position? Whether paper trading or not, have him post his damn trades. That's all I ask.

As for my own previous call, I admit I was wrong. But so what? We're already trading far below where I made the call!

 

[Pekelo]

Quote from Nexen:

In a serious note, how can you guys tell this is a reversal and not a retracement ?

Because I said so?

Seriously speaking, this whole rally has been fueled by the weak dollar. So if the dollar stays weak, we could stay on this level or even go higher.

But otherwise Metastock gave a signal and that is 90% right. Also, just how much longer can we still go up?We did 65% from the bottom. It isn't like the economy is recovering or something...

Hey Cynic, how is the homework going? Have I achieved a 70% success rate yet?

 

[marketcynic]

Quote from Pekelo:


Hey Cynic, how is the homework going? Have I achieved a 70% success rate yet?

Homework, LOL. I just went through your last few posts, I don't have time to go through 5000 posts.

 

[ammo]

Quote from Pekelo:

I did. Clearly looks like a V, there is no curve in it. Straight down, straight up....

its a rounding bottom

 

[ASusilovic]

Can you smell the bear trap ?



ES can go much higher than some ET´ers think.

Definition of risk free return :

The theoretical rate of return of an investment with zero risk. The risk-free rate represents the interest an investor would expect from an absolutely risk-free investment over a specified period of time.

In theory, the risk-free rate is the minimum return an investor expects for any investment because he or she will not accept additional risk unless the potential rate of return is greater than the risk-free rate.

In practice, however, the risk-free rate does not exist because even the safest investments carry a very small amount of risk. Thus, the interest rate on a three-month U.S. Treasury bill is often used as the risk-free rate.

Think about it...

 

[ammo]

there is a whole lot of debt sittting in the closet,gettin harder and harder to close the door

 

[ammo]

sh32.5....27 bid

 

[kinggyppo]

my money is on the longs from here. Good trading.

 

[saliva]

Quote from ASusilovic:

Can you smell the bear trap ?



ES can go much higher than some ET´ers think.

Definition of risk free return :

The theoretical rate of return of an investment with zero risk. The risk-free rate represents the interest an investor would expect from an absolutely risk-free investment over a specified period of time.

In theory, the risk-free rate is the minimum return an investor expects for any investment because he or she will not accept additional risk unless the potential rate of return is greater than the risk-free rate.

In practice, however, the risk-free rate does not exist because even the safest investments carry a very small amount of risk. Thus, the interest rate on a three-month U.S. Treasury bill is often used as the risk-free rate.

Think about it...

It's called a CARRY TRADE, and look how long it took Japan to get out of the dump! US hasn't learned anything from Japan, despite all the lectures and other crap it dared to preach.

 

[ASusilovic]

Quote from saliva:

It's called a CARRY TRADE, and look how long it took Japan to get out of the dump! US hasn't learned anything from Japan, despite all the lectures and other crap it dared to preach.

Japan made a bunch of unforgivable mistakes when it started the process of cleaning up their economy. But there was one character trait which was decisive for their miserable performance : the pride and haughtiness of a grand nation !