Oil beginning to threaten SIFs

1199.50 ES held.

Markets giddy. I have no idea why. Even if we get say $350B, markets might still selloff. Reminds me of action before FED announcement. Pure gambling.

nitro
 
Quote from nitro:

1199.50 ES held.

Markets giddy. I have no idea why. Even if we get say $350B, markets might still selloff. Reminds me of action before FED announcement. Pure gambling.

nitro
No vote yet.

NQ slightly under performing ES. I find that slightly surprising, but that is just opinion.

1182.xx SPX is support. 1210 ES then 1220 ES resistance. Sorry to mix SPX and ES S/R, but until the cash market opens, I am a little bit confused.

nitro
 
Quote from nitro:

...

NQ slightly under performing ES. I find that slightly surprising, but that is just opinion.

...
nitro
AAPL downgrade is the culprit. Hmmm, appears to be a buying opportunity, but I would hold pat until we see how the market reacts to the bailout vote.

nitro
 
The rubberband on NQ/ES is getting close to being a trade. If NQ is down this much, ES is lagging badly to downside. Too much uncertainty to put the trade on imo, but soon, it will be a layup no matter what. YM also out of line with ES, but not as bad as ES/NQ.

nitro
 
FED injecting liquidity into markets. They don't want to lower IRs, but that is imminent imo.

Expect .50 basis cut inter meeting if the vote lags. NQ will go ballistic.

nitro
 
Keep your head. Lots of emotion.

If you can keep your head when all about you
Are losing theirs and blaming it on you,
If you can trust yourself when all men doubt you,
But make allowance for their doubting too;
If you can wait and not be tired by waiting,
Or being lied about, don't deal in lies,
Or being hated, don't give way to hating,
And yet don't look too good, nor talk too wise:
If you can dream - and not make dreams your master;
If you can think - and not make thoughts your aim;
If you can meet with Triumph and Disaster
And treat those two impostors just the same;
If you can bear to hear the truth you've spoken
Twisted by knaves to make a trap for fools,
Or watch the things you gave your life to broken,
And stoop and build 'em up with wornout tools:
If you can make one heap of all your winnings
And risk it on one turn of pitch-and-toss,
And lose, and start again at your beginnings
And never breathe a word about your loss;
If you can force your heart and nerve and sinew
To serve your turn long after they are gone,
And so hold on when there is nothing in you
Except the Will which says to them: 'Hold on!'
If you can talk with crowds and keep your virtue,
Or walk with kings - nor lose the common touch,
If neither foes nor loving friends can hurt you,
If all men count with you, but none too much;
If you can fill the unforgiving minute
With sixty seconds' worth of distance run -
Yours is the Earth and everything that's in it,
And - which is more - you'll be a Man my son!


nitro
 
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