ES Journal Archive (2009 - 2010)
- Thread starter Jahajee
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I am as bearish on this thing as anyone but even I did not see this big sell off coming so early. These guys have no patience, they want your money, all your future earnings, your children's, children's children's, hell, they'd even sell their heart and soul to lucifer for a grand.
Do not be fooled, they will own every breath you take (plus interest) and leave you lying naked in the gutter with your newborn to rot. It's time to teach these ivy league c*cksuckers how to trade. THey have their fancy volatility models and MR algos and 70 monitors but they don't have the sweat and blood into the game like most of the traders around here. They have no answer for when correlations go to 1. Sell these rallies hard and fast and let's send them packing.
There's nothing like knowing from 6:45am-7:14 EST, 8:34am EST, 10:10-10:15am EST, 1:24pm EST, and 3:15pm EST are going to be possible inflections points for tomorrow. And there's a high likelihood that it will be VERY similar next Friday. If those times change my data will adjust accordingly next week. There's entirely too much funny money out there that leaves fingerprints.
Do not be fooled, they will own every breath you take (plus interest) and leave you lying naked in the gutter with your newborn to rot. It's time to teach these ivy league c*cksuckers how to trade. THey have their fancy volatility models and MR algos and 70 monitors but they don't have the sweat and blood into the game like most of the traders around here. They have no answer for when correlations go to 1. Sell these rallies hard and fast and let's send them packing.
There's nothing like knowing from 6:45am-7:14 EST, 8:34am EST, 10:10-10:15am EST, 1:24pm EST, and 3:15pm EST are going to be possible inflections points for tomorrow. And there's a high likelihood that it will be VERY similar next Friday. If those times change my data will adjust accordingly next week. There's entirely too much funny money out there that leaves fingerprints.
does anyone remember this call, I have to admit I thought she was crazy, this is one smart gal!
http://www.istockanalyst.com/article/viewarticle/articleid/3547002
http://www.istockanalyst.com/article/viewarticle/articleid/3547002
High Frequency Trading is providng "liquidity" ! HAHAHAHAHA... Oh yes, sure ;=)
From hindsight,
1. Last week's drop was the sharpest since 3/09 rally;
2. This week's retrace was less that minimum fib and stalled even slightest declined yesterday;
The two should have been warning signs of this drop.
3. news served as catalyst
4. We may be in a bear market already, given the timing and intensity of this drop.
1. Last week's drop was the sharpest since 3/09 rally;
2. This week's retrace was less that minimum fib and stalled even slightest declined yesterday;
The two should have been warning signs of this drop.
3. news served as catalyst
4. We may be in a bear market already, given the timing and intensity of this drop.
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