ES Journal Archive (2009 - 2010)

[granville x]

Quote from fkbsuhites:

Is anyone else IB TICK and TRIN working?

Seems lots of new posters on this thread. Did Volente and Blackguard stop posting?

I'm also not getting any IB TICK-NYSE data today. They said they're aware of the problem and would fix it, but that was more than 2 hours ago.

 

[schizo]

Today marks the largest daily range since March 2009. But what's so damn fucked up about this market is that 1000 point drop as we saw on Thursday is completely irrational (don't forget we recovered 70% of that by the close) whereas 500 point gain is perfectly sane. Although I won't argue with the majority, you should never forget that the market is the caricature of living hypocrisy.

 

[NoDoji]

Quote from schizo:

Today marks the largest daily range since March 2009. But what's so damn fucked up about this market is that 1000 point drop as we saw on Thursday is completely irrational (don't forget we recovered 70% of that by the close) whereas 500 point gain is perfectly sane. Although I won't argue with the majority, you should never forget that the market is the caricature of living hypocrisy.

Wait a minute, someone posted somewhere today that there's a limit up on the market. They can stop it from going too high. Is that true? Isn't that un-American? Why would they stop the market from going too high???

:eek:

 

[wave]

05-04-10 09:27 AM

It's fine if you sold and still selling, but you really should be buying this down move from here down.

--------------------------------------------------------------------------------

Look where she came right back to. If you got deep pockets and understand how markets work, millions can be yours.

 

[schizo]

Quote from NoDoji:

Wait a minute, someone posted somewhere today that there's a limit up on the market. They can stop it from going too high. Is that true? Isn't that un-American? Why would they stop the market from going too high???

:eek:

Frankly, I've seen limit up applied to other markets like grains (eg. wheat) and softs (cotton, coffee). But I never seen limit up on the indexes even when we rallied over 100 points back in 2008. Ironically, it's applied all the time on the way down. Call it an American hyperbole.

 

[BA_Trader]

Quote from schizo:

whereas 500 point gain is perfectly sane.

Don't forget -- 50 ES points during the ON session on orders of magnitude less volume compared to what moved it during RTH (on ES at least - not watching YM)

 

[bigb]

Quote from schizo:

Frankly, I've seen limit up applied to other markets like grains (eg. wheat) and softs (cotton, coffee). But I never seen limit up on the indexes even when we rallied over 100 points back in 2008. Ironically, it's applied all the time on the way down. Call it an American hyperbole.

they invoked the overnight limit up when the bailout was unveiled in 2008 but during rth, I cant recall

 

[tomahawk]

fwiw, EUR gap fill imminent. Will ES try to do the same? ...

edit: (by "try" I mean will it even come close)

 

[ammo]

monthly head and shoulder on eur/usd

 

[ammo]

one of the rules for h n s is that once it breaks thru neckline it needs to retouch it to validate a h n s