ES Journal Archive (2009 - 2010)

[paperboy]

Quote from Lawrence Chan:

There is a clue ... EURUSD does not even touch 1.5 at all.

The trap is now built. =P

Bears in control?

 

[flatron]

gotta try a long here at 1107.5 Pullback in a relentless bull market! stop at 1100

 

[Builder17]

1111 SPX looks pretty. right at weekly resistance

 

[Lawrence Chan]

Quote from paperboy:

Bears in control?

No. A crossroad.

Like 1082 last week, there is a choice here - 1150 area or 1050 area.

 

[tortoise]

Quote from Lawrence Chan:

There is a clue ... EURUSD does not even touch 1.5 at all.

The trap is now built. =P

when does it get sprung?

january?

march?

 

[Decel]

Quote from paperboy:Bears in control?

If bears are in control, they are *REALLY* hiding it well

 

[ASusilovic]

Quote from Lawrence Chan:

There is a clue ... EURUSD does not even touch 1.5 at all.

The trap is now built. =P

Did you check latest Goldman US equity holdings through all their subsidiaries ?

Check it out :

http://www.secinfo.com/dnFu6.sVs.htm

Unbelievable !

 

[Anna K.]

Quote from Lawrence Chan:

There is a clue ... EURUSD does not even touch 1.5 at all.

The trap is now built. =P

do you mean bull trap or bear trap?

 

[Lawrence Chan]

Quote from Anna K.:

do you mean bull trap or bear trap?

EURUSD sell bias. i.e. bull trap =)

Does that translate into sell off in ES? I don't know.

 

[Lawrence Chan]

Quote from ASusilovic:

Did you check latest Goldman US equity holdings through all their subsidiaries ?

Check it out :

http://www.secinfo.com/dnFu6.sVs.htm

Unbelievable !

That is their inventories. What they are going to do with the inventory is the key to the next move.

With enough underlying on hand, you can then "lend" them to the proprietary arms for daytrading (oops, market making) purpose. The inventory will earn the lending fees. The proprietary arm will earn the hustle (oops, market making) fees.

Most MM firms can only hold enough inventory for 1 to several stocks for market making purpose. From what you posted, GS is making market on all index components.