ES Journal Archive (2006 - 2008)

i dont know the more recent bank laws,but it used to be ,they couldnt hold their foreclosures,thru to the next year,they had to unload the property by law, and i dont know how many of these hedge funds carry their toxic debt forward,i don't know a lot

 

Generally I was expecting sideways for today, because we had 2 green days in a row and the market can be waiting for Friday's jobnumbers...

But since we were down -12 points after the open, sideways can also mean +12 which is 882ish before coming back to make the doji....

 

spx jan 600 /800 call sprd looks like a good 45 day short at 165-167

 

It's my feeling that if we were to close down today, it will wash out the last remnants of johnny-come-latelies to this latest ponzi scheme. Have you also noticed CNBC is on a mission to hype up the market? All their splendid panel of guests chime to the same tune: "the bottom is in NOW!"

As they say, ya can't help self-serving fools!

 

We have 20, 40, and today 60 buying.

 

No need be to pissed off

They are the ones who bought at 20 and 40.

 

did anyone see those bids that keep flashing on ES?

I just saw 8500 contracts at 863.00, did not fill.

 

Someone short hoping for a stop run and cover at that price.

 

Selling momentum should pick up once 60 is taken out.

 

that would be for a fake ask in the DOM???