ES Journal Archive (2011)

War driven pop is always temporary as the aftermath is the real issue.

And Libya is not as significant as Iraq in terms of world oil supply.

Once the rebels are confirmed to have overthrown the existing government, the pop will vanish.

That means a reset to unchange level (like now) and the fight start over again.

That means back to Euro zone debt mess. =)

 

agree,oil supply will increase in a few weeks,and waning us industrial output will weaken demand

 

Nice call, Ammo

---

Here's another - I think - good call:

 

It's more about more stimulus, oil up:

http://www.bloomberg.com/news/2011-...y-as-germany-s-merkel-resists-euro-bonds.html

 

Someone spreaded that rumor because they averaged down to their neck and need some breathing room.

By popping ES 20 pts higher, hedge / light up is done and go onto the next trade.

Happens all the time.

=)

 

hey picaso

 

either way, it's making shorts nervous.

 

1230 this week, God hates a coward.

 

Im so looking forward to that

FoN

 

Market turned on friday. This new trend will stop B1S2 out and a lot others. MM is long. Libya is just Libya. Who starts these market rumours anyway?.