ES Journal Archive (2009 - 2010)

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Quote from Builder17:

interesting. so todays just gonna be one big red candle?

Only on 2 conditions:

1. If there's a God
2 And if the said God loves the bears.

If not, it will just be a good short squeeze and keep all eyes on 1200.
 
Quote from ammo:

china took a dump in the bonds today in response to the US congress rhetoric about legislation forcing china to raise the value of its currency,this could be a big drop in a short time span for equities http://www.bloomberg.com/apps/news?pid=20602007&sid=aAzOMAG_u3kQ

First 100 pt down move will "set up" the real sell off by summer.

As wave mentioned, US and other governments have done all kinds of policies now that may have potentially unimaginable side-effects. =)

Edit: The 100+ pt move is needed to break a daily level swing low, which in turn breaking the uptrend.
 
Quote from Eko_Trader:

Only on 2 conditions:

1. If there's a God
2 And if the said God loves the bears.

If not, it will just be a good short squeeze and keep all eyes on 1200.

lol good thing i believe in both of those stipulations.
should be quite the day either way.
 
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