ES Journal Archive (2009 - 2010)

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Quote from Lawrence Chan:

I am not sure that will happen at all.

Integrity is not what the system is willing to pay up because the consequence is not what any politician wanted to deal with.
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Politcians = best ever paid morons walking on this earth !
 
Quote from Lawrence Chan:

All price action at open this week points to pullback.

But all intraday shorts I made ended up hitting minimal targets.

If there is no further pullback, that means this price level is defended, and I have no problem going long once a breakout occur. =)

It is not the pros, it is the 70% liquidity, bots, vs. active traders.

The more traders think it is going lower with their bets placed, the more likely the bots have to counter them.

Afterall, isn't that what they say - they are doing god's work?
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Lol @ God's work. I'm with you on the minimal target issue. I was expecting something stronger. But so far, all I can point to is dashed expectations.
 
Quote from ASusilovic:

Politcians = best ever paid morons walking on this earth !
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Practical issue - they have a career in politics, and their personal interest on the line.

Why would they think about the greater good that can benefit generations to come?

Why would anyone, whose personal life style is on the line, not doing the same?

I hope for the best, but always prepare for the worst. Especially when dealing with expectations from other people. =)
 
Quote from Lawrence Chan:

Gap fill at 15 area.
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15 area ? Wrong.

Sorry, I have to disagree with you. Wall Street morons want to inflict most possible damage. Eurpean exchanges are closed. Maximum damage is gap down as hard as possible.
 

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