ES Journal Archive (2009 - 2010)

[Lawrence Chan]

Quote from Lawrence Chan:

op ex did the mark down.

post op ex mark it back up.

normal.

Think about this.

Index fund managers are a lazy bunch.

They deploy $$$ based on cash on hand and buy components without thinking.

The only discretion is that they can sell call against the long if they deem the risk is high.

At this level .... of course they deem the level is high risk.

=> perpetual force to push indices higher

=)

 

[ammo]

Quote from ammo:

see if 41 nip holds, add 40 ,37 avg

add 44,avg 41 ,41 bid for reduce,res at 45.75 ish

 

[ASusilovic]

Quote from Lawrence Chan:

op ex did the mark down.

post op ex mark it back up.

normal.

With other words - nobody gives a sh.it about China hiking rates and the sovereign debt situation. Somewhow I recall this sort of "irrational ignorance" 2 years ago, when the "credit crisis" started. ECB and other international institutions repeatedly warning about execessive risk taking...KABOOM !

 

[David M]

Quote from ASusilovic:

With other words - nobody gives a sh.it about China hiking rates and the sovereign debt situation. Somewhow I recall this sort of "irrational ignorance" 2 years ago, when the "credit crisis" started. ECB and other international institutions repeatedly warning about execessive risk taking...KABOOM !

U.S. stocks hold gains after housing index falls

LOL

Dollar index up 0.5% at 77.480 after data (save heaven)

 

[Lawrence Chan]

Quote from ASusilovic:

With other words - nobody gives a sh.it about China hiking rates and the sovereign debt situation. Somewhow I recall this sort of "irrational ignorance" 2 years ago, when the "credit crisis" started. ECB and other international institutions repeatedly warning about execessive risk taking...KABOOM !

At this point in time, there is no need to get angry at irrationality.

Because, even if there is a major sell off as wave predicted, say, in couple of months, the result will still be using inflation to get out of the mess.

 

[Lawrence Chan]

VWAP 40-40.5

ORH 38.75

mid pt of RTH 38.25

 

[FattBurger]

I am shocked to see so many shorting and adding to there shorts when the market is making higher highs, and the pull backs are weak and shallow.

Seeing this makes me wonder.

 

[David M]

Quote from FattBurger:

I am shocked to see so many shorting and adding to there shorts when the market is making higher highs, and the pull backs are weak and shallow.

Seeing this makes me wonder.

if it wouldent be for those "people" we would be at 55 by now

 

[ammo]

done for the day, stop on half at 47 or 41 fill oco

 

[OTCkrak]

anyone dare to short 1145?