scratched VRX not the move i was looking for, and L2 looks like its jamming up the shorts, reserve bids walking it back up from the 98.50 lows, and its on SSR
lol, great image...I agree...the ES is the ultimate troll instrument...I thought yesterday was about the strangest day I've seen in that market...today is the Draghi rally...
Yeah you literally almost have to just say, "Whats the least common sense thing for the market to do today" and that is what the ES does, like in my mind stocks move on gravity, they go up, then roll over, then hit a bottom then slowly roll up, the ES starts its roll over, and gravity just doesnt seem to take over, it sticks a 20 point up move like today for no reason, and ive seen the same thing happen on the long side ofver and over, starts ticking up off the bottom, then just bam 25 point down move, then up again the next day. Im mildly positive on it but its hardly worth the risk/stress, i pretty much blew what would be a pretty good day today, all because i waqnted to be a hero on the ES, cause ive hit some homeruns on it in the past.
yea, the thing about the Draghi put is that, now that the Fed is completely out of the picture regarding raising rates, ..any dovishness or QE from ECB or Japan is looked upon as continued liquidity toward US markets as well..specially with Yellen so much in the background since her "dizzy" spell
yes, since I was away from the markets so long, this level of heavy handedness is beyond what I saw in that 03-08 time frame...yesterday is a good illustration of what ES has become...
Making risk free money is stupid easy, you guys are listing to the market and not the news right. Good because this is so easy a caveman can do it ?????? GO FREE MONEY TRAIN CHOO CHOO $$$
Yes, seems like the same thing as last year...a game of "hot potato"...sort of like the CME "Central Bank Liquidity" program, which I might add, thought was some sort of satire until I saw the actual link...bizarro world.
romik is sweating bullets right now imagine if biotech's rebounded? would take the indices to all time high