ES Journal Archive (2009 - 2010)

Status
Not open for further replies.
Quote from tortoise:

what about the gap from 12/18? (spx 1102.47)


next lower low from 1108 would be around 1098 filling that gap, not saying it is not possible but if it stays this low tons of put holders get paid come expiration.
 
They want that bull hammer in EUR

JSS: oops, didn't get it, whatever is next Dorris?

Dorris: Well hon, USD don't like 79

Saga continues...
 
So far the Nikkei is actually doing well since it was up yesterday, it is still a couple hundred points above the Dow and with the Yen where it is you could make a case that it is doing better than almost any worldwide exchange right now. Hong Kong on the other hand is getting killed, it is back to where it was the beginning of October when we were at 1020. It is not really a fair comparison considering how far they came, but over the last several months they are doing very poorly.
 
Quote from ammo:

i just read this, is the bottom of the page stating they can trade securities or pretty much whatever they want

not sure, lots of folks will be squirming if the market tanks in any real way. Systemic risk is defined as risk that can't be hedged away. You can read all you like here, this guy is very pessimistic but has some truly revealing articles. Just don't trade with too much bias as anything can happen.

http://www.zerohedge.com/article/volcker-rule-aig-it’s-not-about-prop-trading

:)
 
1098.60 in the working ? I didn't know that there are still some cowards on Wall Street. All it needs, is obviously uncle Obma opening his mouth and ooppssss. Ay, ay, ay...
 

Attachments

Status
Not open for further replies.
Back
Top