Good Morning Traders! ES monthly volume down 9% for oct 2009 vs oct 2010. with the monthly volume decreasing, will be very hard to day trade es.
So, Europe´s debt crisis is over and everybody happy, hum ? Strong sell 1199.50. See you at below 1142.50.
BCE meeting tomorrow, (debt) shorts closing their positions in case they announce some QE. Also Bund auction this morning sucked. Are you still short oil?
If Wikileaks will pose a threat to global economy's stability & therefore growth, then Wikileaks will be shut down, there is always a 'legal' way to shut down any organisation. We must have growth alongside QE. It would be a real crisis if there was no QE, but let's face it when all economies participate in QE, then these currencies are in freefall vs something like Gold, but against each other they simply oscillate, up/down/up.