ES Journal Archive (2009 - 2010)

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Quote from gkramer:

That was some serious momo. Some big stops were taken out in the 8, 9, 10 area. Blew right through them. I'd love to know who that was that wanted in the market so bad that they stopped me out of my swing. :mad:

Abu Dhabi to loan 10 bil. to Dubai. their payments covered till april 2010....
i would not stay short when the euro markets open.
 
Quote from pokito:

Abu Dhabi to loan 10 bil. to Dubai. their payments covered till april 2010....
i would not stay short when the euro markets open.

I doubt this will have a lasting impact on the markets.

The futures are up on the back of buying mainly from Middle East players in order to make it look like the loan is great news, whereas it's a non event. Very thin volumes.

Maybe some stops will be taken out but then it should come back.
 
Quote from pokito:

Abu Dhabi to loan 10 bil. to Dubai. their payments covered till april 2010....
i would not stay short when the euro markets open.

Euro market has been open 5 hrs and the ES has only gone down.
 
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