ES Journal Archive (2009 - 2010)

Bull trap or legit rally?

 

a lot of long profits(the herd) are on the table,this put a scare into them,you have to keep end of month window dressing in mind....edit ..that eom might be over today with the 3 day to clear rule

 

You mean "Terminator" day ?

 

Is re-visiting the morning highs a dream?
Doesn't seem out-of-the-question to me.

 

I wouldn't underestimate the power of uncle Ben... he's dropping cash on the market today

 

Ben lives in illusion world. Bringing back unemployment to 2007 levels is simply a very stupid undertaking. The US of A will never return back to the golden times.

China and Asia are simply too cheap. Devalue the USD approximately 50 % and you may have a "chance"...

 

we had a 1.5% decline intraday from the high, as I said that is illegal, kick on those bots.

 

Nice recovery.

 

But in my opinion, you're talking like an investor, not a trader. Short-term, the market wants to go up when he drops money on it.

 

Dammit, should've put my money where my mouth is.

1.5pt out of this wacky day