ES Journal Archive (2009 - 2010)

[schizo]

Quote from schizo:

Flip short 87.50

Flip long 88

I'm getting too damn old for this crap. My back is giving out.

 

[ASusilovic]

Fed to buy $18 billion in Treasurys in next month.

Haleluja...

 

[oraclewizard77]

Long AUG SPY call option, long EUR.

 

[BA_Trader]

Quote from ASusilovic:

Fed to buy $18 billion in Treasurys in next month.

Haleluja...

Hey Fed! There ain't no such thing as perpetual motion.

 

[schizo]

Quote from schizo:

Flip long 88

I'm getting too damn old for this crap. My back is giving out.

Alright closing shop, out at 86.75

 

[kinggyppo]

Quote from kinggyppo:

add 109.25

bring on the panic!!

out 109.35

 

[Lawrence Chan]

Quote from startraitor:

Should give up another 10 points today.

Below 90 was all I can tell this morning.

Next move depends on the big guys.

 

[kinggyppo]

Quote from kinggyppo:

long spy 109.47

flat 109.57

 

[oraclewizard77]

EUR was closed out at a 20 tick profit. I was alerted to the EUR trade by a forex moderator from a room. He closed the trade at BE, but as I have noted, once you are in a trade, its better to leave stops and targets alone since you are less rational while real money is on the line.

I don't know how to set both a stop and a target on IB, so I was watching the market to see if my stop got hit. It got close, but then reversed after a triple bottom. I may need to see if I can connect Ninja to IB in the future.

Quote from oraclewizard77:

Long AUG SPY call option, long EUR.

 

[schizo]

Quote from ASusilovic:

Fed to buy $18 billion in Treasurys in next month.

Haleluja...

Well, the question is this: Is $18 billion enough?

So the fed is further monetizing the existing government debt. They're using their over-bloated mortgage-bond portfolio to essentially "refinance" government debt. But where the hell did they get the money for their mortgage holdings?

Man, talk about Ponzi schemes.