ES Journal Archive (2006 - 2008)

Yes, that's why I stay away intraday trading the first hour after Fed announcements. Too many land mines; too few legs.

 

Buying a lot in this range. 5 contracts at a time every 4-8 ticks down.

 

could go either way.

1421 or 38-40

 

in the stock market? No.

Option Holy Grail.

FNM

 

cash h and s saying down


http://finance.yahoo.com/q/bc?s=^GSPC&t=1d

 

don't you guys know..stock markets only go up...

if they stayed down.... the public would lynch the FED...

t-day boys use FED money to prop the market.

 

Not today, the h and S is taking this to 1421 es

 

CNBC headline: "Fed sees slower growth, lower inflation next year"

Wouldn't that suggest another interest rate cut in December?

If so, why isn't the stock market going to the moon right now?

If the Fed's appraisal is so benign, I can't help but thinking it's also disingenuous.

 

stopped out at BE

 

I see Volente's H&S.

I don't see Apex's IHS.

Of course, I'm not much of a chart pattern reader.