ES Journal Archive (2006 - 2008)

why are we going to open with a 20 pt gap?

 

Because the market is manipulated.

Anytime Bernanke speaks or has a meeting load the boat long.

 

i'm going to remember that, thanks.

 

Ben, I´ll be watching you...

http://youtube.com/watch?v=3u2qRXb4xCU&feature=related


Short NQ 26 Stop 29.5

Target 12

 

Whenever you have an after-hours meeting etc regarding some issue. It's a cue to close shorts and go long.

Remember the bush talk on mortgages a few months back. The market went wild up.

Little things to watch out for.

 

Closed this trade out at breakeven well before RTH open. Had a chance to exit it earlier at +4 but blew it, looking for at least +5 which didn't happen. Interested in getting short again, but watching for the right entry.

 

doesn't make sense...what if the news is bad...you cannot just say ..."go long"..please clarify...

 

Not always. But thats been the pattern for the last 6 months.

It's in the goverments interest to keep the markets afloat.

 

The art of sabotage to get their positions on.

 

Move Stop to 2120

Selling 1/2 on new target 2114

remaining target 2006