ES Journal Archive (2009 - 2010)

dollar hit smaller nip at 77.30 and pulled back, may have to hit 77.5(larger nip) before any big sellers

 

eur usd since sept

 

same reduced, broke tl and fell to nip and working thru congestion ,breaks low, could fall to virgin nip 1.3777- 1.3733

 

Gap number 13 in S&P pit trading session still not closed. I think Wall Street is looking desperately for the next casualties to dump their inventories on.

I guess, the FED will be the "casualty"....

 

Is that gap above or below?

 

the fed and goldman became partners 2 years ago, they will blame it on the euro and the eu

 

Hell no! The US will blame it on China, who will blame the Japanese currency manipulators, who will blame the European Union for refusing to do a joint yen intervention, who will blame the US for out-QE-ing them.

 

is this a holiday or something?

 

Boring.
I guess they're saving themselves for a big rally tomorrow.

 

Afternoon trading used to be more brisk than the morning hours. Now it's a ghost town.