ES Journal Archive (2011)

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Quote from JoshDance:

sorry what was the headline?
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The Hill writes: Conservatives craft bill to prevent IMF bailout of crumbling eurozone

Conservatives say they will try to block the International Monetary Fund from bailing out Italy and Spain, which they say could leave U.S. taxpayers with a huge bill.

Republicans on both sides of the Capitol complain that the Obama administration has refused to share details of what Treasury Secretary Timothy Geithner is discussing with European leaders amid reports the IMF could intervene.

http://thehill.com/homenews/senate/...-to-prevent-imf-bailout-of-crumbling-eurozone



Market talk of a potential Spanish downgrade - Unconfirmed


i think that's why eur traded down while es went up earlier
 
Quote from satchel:

well done! 53 more points to go south. 1199 snowball is waiting.
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this makes me laugh every time i read it! I joined the snowball but only for 5 points :)
 
Quote from JoshDance:

this makes me laugh every time i read it! I joined the snowball but only for 5 points :)
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it was a good trade, you got on the ride even after getting stopped at BE initially. nice one
 
Well, even though I did not ride with you short, I made money on the bounce. Now in retrospect, I can see how the longs were trapped when the market fell. I actually was one of the longs that got trapped, but only got hit for 1 tick. I then saw places where I thought the market could bounce back up trapping the shorts who got in late, and was able to get long after some confirmations. Considering last night, I was down $ 40, I made that back plus good profits for the day trading ES and CL.

Quote from macho grande:

nice trade. i agree to cover we could bounce long here.
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