ES Journal Archive (2011)

Status
Not open for further replies.
Quote from gmst:

sold 1257, now buy limit at 1255

Edit: Bought 1256.75, seems the long trend is intact, no point in missing a move.
More...

Buy one more at 1255.5, target 60-62
 
Quote from satchel:

isn't anyone concerned about the dec 9th summit, damn, drop already!
More...


yes thats a bazooka risk you have there. We might drop tomorrow or day after on disappointment, till then its rally rally.

Edit: Actually if you look carefully that risk is being reflected in Euro, which hasn't rallied at all over the last 4-6 days compared to ES. So, yes your idea is correct but instrument of choice to express it is not the best.

Actually all these days (last 4-5 days) I have been thinking of being long ES and short Euro as a great spread trade, but I didn't take that position, since I trade intra-day and didn't want to hold positions for multiple days.
 
Quote from satchel:

isn't anyone concerned about the dec 9th summit, damn, drop already!
More...
thats got to be all figured in,you just have to play the news report(lie) and then fade it,i'm sure their will be another report on that report
 
Quote from satchel:

thank you lol. die die die, i guess they are 'concerned'.
More...

this drop on the news that S&P putting large banks "in eurozone" on creditwatch negative.

So kind of similar news story about putting sovereigns on credit negative.

Should have limited impact. let us see
 
Status
Not open for further replies.
Back
Top