ES Journal Archive (2009 - 2010)

[tomahawk]

Quote from piggie2000:

Whens the last time we had a 2 pt range on the es for 4 solid hrs? I sure can't rememeber

When's the last time we had a 6 handle range on a NFP day?

 

[tortoise]

here comes the obligatory blast-off

 

[saliva]

Quote from tomahawk:



When's the last time we had a 6 handle range on a NFP day?

Back in 2004. However, this was largely expected. They don't want to take the market down, at least not just yet, and are running out of legit excuses to push it up further.

On that note, the Fed will need to postpone their planned rate hike (yeah right, as if they were planning in the first place). However, they will switch over from propping up the equity markets to selling the commodities and/or buying up the greenback to minimize inflation concerns. That's what I would do if I were Bernanke. (You listening, Uncle Bernie?)

 

[ASusilovic]

GS down 2 %, BAC down 1,4 %, WFC down 1,6 %, JPM down 1 %. Dow down lousy 30 points. WTF ?

 

[saliva]

Quote from ASusilovic:

GS down 2 %, BAC down 1,4 %, WFC down 1,6 %, JPM down 1 %. Dow down lousy 30 points. WTF ?

This has been suspected by this noob for a very long time. Personally, I believe they're rigged--seriously.

 

[bigb]

Quote from ASusilovic:

GS down 2 %, BAC down 1,4 %, WFC down 1,6 %, JPM down 1 %. Dow down lousy 30 points. WTF ?

yes, but thats all financials.....take a look at tech

 

[tomahawk]

Dow 5-day range = 100pts. ... Sick.

 

[ASusilovic]

Quote from bigb:

yes, but thats all financials.....take a look at tech

You should better take a look at S&P weightings :

www.indexarb.com

 

[saliva]

Quote from tomahawk:

Dow 5-day range = 100pts. ... Sick.

Speaking of being sick, were you trading back in 2004? I was puking just about every day enjoying one helluva slumber party.

 

[Lawrence Chan]

Quote from ASusilovic:

GS down 2 %, BAC down 1,4 %, WFC down 1,6 %, JPM down 1 %. Dow down lousy 30 points. WTF ?

The unloading was done after this week.

So no need to hide their actions on the financials now.

Painting the NDX tape is as easy as ever.

Will they pull the rug by the last 30 mins?

We'll see.