ES Journal Archive (2009 - 2010)

ammo · Nov 25, 2009

Quote from ammo:

add 10.75, avg 07 on 6 lots(2,2,and 2)

add o5, 02.75 bid half add 07,6.5

Emini Maestro · Nov 25, 2009

This market has not yet hit 14000 again, so I say we're still in a bear market rally. It can go down faster than it came up.

ammo · Nov 25, 2009

traditionally,thanksgiving week is up and 1st 2 weeks in dec are down

tortoise · Nov 25, 2009

NQ having a tough time holding above yesterday's high

tortoise · Nov 25, 2009

as i said...

smilingsynic · Nov 25, 2009

Quote from sttrader:

Markets have been manipulated for the longest time. It has just become more blatant. Trade long enough and you see it. The way the present administration is doing it is really something else though.....as Obama likes to say..."unprecedented". Unprecedented manipulation.

Not as manipulated as before the early 1930's.

ganesh6 · Nov 25, 2009

How much it will cost to trade 1 lot of ES if the 0.25% transaction tax is implemented.

tortoise · Nov 25, 2009

Quote from ganesh6:

How much it will cost to trade 1 lot of ES if the 0.25% transaction tax is implemented.

almost $175 dollars per side

that's $350 per round turn

In other words...if you do a trade that runs for eight points, you get to keep one point, the gov't gets the other seven.

JSSPMK · Nov 25, 2009

$140 tax per 1 ES contract?

ganesh6 · Nov 25, 2009

wow, Thats very bad...

Quote from tortoise:

almost $175 dollars per side

that's $350 per round turn

In other words...if you do a trade that runs for eight points, you get to keep one point, the gov't gets the other seven.