ES Journal Archive (2009 - 2010)

[wave]

Quote from JSSPMK:

Wave, do you still see Euro at parity with USD?

Absolutely, the euro zone is about to have its knees taken out.

 

[emg]

plan on going long 1174.00

 

[JSSPMK]

Quote from wave:

Absolutely, the euro zone is about to have its knees taken out.

They will print (electronically) more, just as US & UK do.

So parity ought to push DX above 90. That would signal 3 higher lows on Monthly chart. So what next - higher short term IR & more QE?

 

[ammo]

since sept 09 we've stayed between 1000 and 1230,that gap is 1240 area tops....we've double topped the 1225-30 area and are staying up, the x nip is 1070 area ,we should move back to it,the problem with trying to short up here is the trans took out its apr highs and is staying up there, the longer term prophet chart on the spx has room for the 1250 area as a high,dollar rallying has stopped pushing the dow lower,the print and save the economy mantra ,akin to the king has no clothes story is presently still fooling most of the people ,most of the time,hats off to the greatest wall street sales job in trading history...until things get back in line,best to trade sparingly

 

[ammo]

djt

 

[ammo]

spx

 

[ammo]

spx reduced

 

[ammo]

spx reduced again with h n s

 

[Lawrence Chan]

If DX prints 90 sometime next year, on quarterly chart it is a potential w. spring against the 80 level.

The implication is huge.

 

[JSSPMK]

Quote from Lawrence Chan:

If DX prints 90 sometime next year, on quarterly chart it is a potential w. spring against the 80 level.

The implication is huge.

What sort Lawrence?