ES Journal - 2014

I hear you but, technically, we didn't even get a doji out of that.

 

Lately PA has been sending false signals. Monthly is engulfing bar. Who knows. I'm just glad not to be naked long in stock pottfolio right now. Options are way too cheap not to buy protection right now and any spike in vol will be a net positive for those puts.

 

Btw russia parliament also recommending Putin to call back Russian embassador from Washington.

 

who will buy the 2%+ f in dip at the open

 

http://i.imgur.com/bGYlVk3.png spx 3 y mo
http://i.imgur.com/shjItSS.png spx 3 yr d
http://i.imgur.com/ByIecjJ.png spx line chart 1994 line and 2009 line converge
http://i.imgur.com/ByIecjJ.png same line ch reduced
http://www.jsmineset.com/wp-content/uploads/2014/03/clip_image003.jpg $yuan chrt
qoute from a guy on slope of hope(Pec)


What most market observers tend to overlook is that there are likely $10′s of billions worth of OTC derivatives that have been issued by the big Too Big To Fail banks tied to the trading relationship between the $/yuan. In fact, Morgan Stanley estimates the amount to be at least $150 billion: $/yuan Derivatives Bomb Detonated?..... .....not my words

 

heres that converging 1994 n 2009 line
http://i.imgur.com/KX1K4fL.png

 

sh 46.25

 

adding here at 1846.5

avg 1853.75

 

lol...there are obviously some pretty large forces keeping this mkt propped up. on the brink of a world war and spus down less than a 1%

 

won't be any war but there is a lot of currency battle going on