ES Journal - 2013

Discussion in 'Journals' started by Trvlwanderer, Jan 3, 2013.

  1. Mo06

    Mo06

    Looks like a new all time high here 1785.
     
    #8352     Nov 14, 2013
  2. bighog

    bighog Guest

    Where would the stock index ES be without the fiscal policy of the fed and the pump and dump of stock buybacks?

    Sure, 5min chart traders care less about that but a wise trader knows deflation is still lurking in the background. Interest rates will rise when and only when it is clear that a whiff of inflation is real and not from bogus stimulus like fed policy, stock buybacks, hedge funds pumping up housing only to dump later, and last but not least corporations hire for nothing less than a demand driven need.

    The list goes on but what is undeniable is: the REAL economy is still in the dumpster and creating low wage jobs will not cut it when fighting the deflation boogeyman.

    We trade, they worry about the real solutions.

    :)
     
    #8353     Nov 14, 2013
  3. Mo06

    Mo06

    A wise man once said, be a trader, don't try to be an economist...
     
    #8354     Nov 14, 2013
  4. Visaria

    Visaria

    long 1781
     
    #8355     Nov 14, 2013
  5. Bidding 1776.75 to close
     
    #8356     Nov 14, 2013
  6. ammo

    ammo

    trans
     
    #8357     Nov 14, 2013
  7. ammo

    ammo

    trans reduced
     
    #8358     Nov 14, 2013
  8. ammo

    ammo

    spx
     
    #8359     Nov 14, 2013
  9. ammo

    ammo

    spx reduced
     
    #8360     Nov 14, 2013