ES Journal Archive (2011)

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Quote from Laissez Faire:

What did he say? :)

I believe now would be a good time to stay flat for any day trader.
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FED ready to do whatever it takes... come September...

IE: postpones any possible QE
 
Quote from Laissez Faire:

What did he say? :)

I believe now would be a good time to stay flat for any day trader.
More...

FED ready to do whatever it takes... come September...

IE: postpones any possible QE

And this would be an excellent time for any day trader to be on the right side of the market :D :p
 
Quote from Jestersofmalice:

its dropping off.
People 'in the know' selling it as they know that the GDP and Bernake stuff is all gonna be bad news??
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I made this post in the wrong bloody thread!

Anyway, worked like a charm again.
They were selling it off before the GDP - GDP came out and we dropped, and then Bernake spoke and we crashed!

I need to incorporate it into my method more. It always works. Lots of people who are privvy to inside information know what the reaction to various news will be, and you can tekk by the price action leading to the news which way it'll go after its released!
 
Quote from Laissez Faire:

What did he say? :)

I believe now would be a good time to stay flat for any day trader.
More...

whatever he said it saved my ass...hopefully it will cause a continued rout for rest of day as i am short.
 
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