ES Journal Archive (2011)

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17.20 Italy is probably in recession, says ratings agency Fitch.
It downgraded the country to A+ from AA- last month, warning that it would cut the country's rating again if it were shut out of debt markets.
In a statement today it said:
Italy is likely already in recession and the downturn in activity across the eurozone has rendered the task of the new Government much more difficult.
 
Quote from Laissez Faire:

Okay, now I`m officially depressed.

mate, its alright,....u followed your plan....and great great great call btw!!!


Sorry but i am late on this....i was down 12 points for the RTH session and then i went short at 24.75 (after reading your post when you had gone short) ....and i closed it at 1215.....now i am down just 3 points for the RTH session....holy cow...so one more thank!!!
 
Quote from Grandluxe:

17.20 Italy is probably in recession, says ratings agency Fitch.
It downgraded the country to A+ from AA- last month, warning that it would cut the country's rating again if it were shut out of debt markets.
In a statement today it said:
Italy is likely already in recession and the downturn in activity across the eurozone has rendered the task of the new Government much more difficult.

IMHO, it cannot be just this :confused:
 
Although technical targets are still respected and a bottom may be in, this seems a little unstable to me and I have to leave in 20, so I`m calling it a day.

Quote from gmst:

mate, its alright,....u followed your plan....and great great great call btw!!!


Sorry but i am late on this....i was down 12 points for the RTH session and then i went short at 24.75 (after reading your post when you had gone short) ....and i closed it at 1215.....now i am down just 3 points for the RTH session....holy cow...so one more thank!!!

Thanks. Actually, the plan was to hold until 14,25, but not always easy when money is on the line. Follow my calls at your own peril, I`m frequently wrong, although with a tight stop. :)

Quote from wave:

11-15-11 07:15 PM
we going to 1190's folks.

lot sooner than I expected...

Today? :eek:

Take it away traders, I`m outta here. :)
 
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