ES Journal Archive (2009 - 2010)

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Hum, where is FED POMO today ? I thought all asset prices and "everything" will go up ? :D

Sitting easily on 47 points of profit and feeling just fine....:p
 
Not sure what they smoke in UK, but roughly the same % change of USA & Pakistan going bankrupt? Sure. I don't even want to know where they pulled these figures out of
 
Problem is that we broke support in downtrend channel.
This is rare and although it is often "exhaust" or "trap" I can not remember if I saw that we returned same day RTH. So 1180 looks low probable to me.
 
Quote from DarthSidious:

Not sure what they smoke in UK, but roughly the same % change of USA & Pakistan going bankrupt? Sure. I don't even want to know where they pulled these figures out of
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The following graph attempts to paint an accurate picture of the current relative state of the trend towards bankruptcy of the worlds major economies which takes into account public and private debt, unfunded liabilities, budget deficits, and debt denominated in foreign currencies, as well as taking into account the historic track record of the countries in dealing with past debt crisis. The results are shown as a % of the countries risk of going bankrupt where Iceland would be at 100% following its defacto debt default.
 
Are any of long-only traders here buying this dip? (candles, brianharvey, airwaves) Or do you wait for uptrend to be re-established?
 
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