ES Trading

new_trader · Jan 9, 2012, 4:17am

More firms go into administration
More firms go into administration - MSN UK News

The rise in companies entering administration comes amid a crippling consumer spending squeeze, driven by higher prices, slow wage growth and low confidence.

What did you expect you inflationist morons...Central Banks having control of the money supply is a massive advantage??...What a crock of sh!t!

new_trader · Jan 11, 2012, 5:17am

RON PAUL, he is undoubtedly THE GOLD STANDARD in Politics and Economics. He understands sound money, inflation and the problems created by Central Banks having unrestrained control of the money supply.

On that note, here is the 3rd and concluding lecture on the basic principles of money:

4,418

new_trader · Jan 12, 2012, 5:21am

Andrew Napolitano - Wikipedia, the free encyclopedia

Judge Andrew Napolitano - Return To Sound Money

4,454

new_trader · Jan 23, 2012, 5:51am

Although this isn't an official forecast, I will be watching to see if the ES prints 1315.00 sometime during the US session.

4,676

new_trader · Jan 23, 2012, 5:55am

Market now @ 1310.50

new_trader · Jan 23, 2012, 9:45am

Quote:

Originally Posted by new_trader

Although this isn't an official forecast, I will be watching to see if the ES prints 1315.00 sometime during the US session.

4,676

ES prints 1315.00

new_trader · Feb 5, 2012, 1:06pm

Quote:

Originally Posted by new_trader

This was my forecast 6 months ago. Although the market rallied from the lows it fell short of the 1400 level I was anticipating. However, I think the rally will continue in 2012 but not because the US economy is improving... far from it. There will be the odd piece of ‘positive’ data here and there but they belie the fundamental problems that politicians have failed to correct and whose policies continue to undermine any real chance of recovery. This is US Presidential election year (Vote RON PAUL!!) so IMO there will be a herculean effort to fool the public into believing everything is O.K and the market will react accordingly. I’ve seen many people in this forum buy into the ‘positive’ NEWS so if allegedly intelligent operators can be so easily fooled by politicians then so can the uninformed public.

Never heard of this bloke, but he must be reading my journal

P.S: Thanks for the 5 star rating, whoever it was

4,929

new_trader · Mar 15, 2012, 12:44pm

Quote:

Originally Posted by new_trader

IMO: The USA is in a great depression and all the weak economic data supports this, but the market has been propped up by the FED's cheap money or 'stimulus' which is now wearing off and also coming to an end. However, Osama Ben Bernanke will not let his Wall Street buddies down, nor will he allow the President to be embarrassed in front of his woman. This is the beauty of fiat money, it allows Politics to 'triumph' over economics...but only in the short run.

To answer the question, the downtrend in real terms will continue, but in nominal terms, the sky is the limit! In S&P500 terms, I would be mildly surprised if it broke below 1250, but by the year's end I think it will be closer to 1400. There is nothing I'm seeing (yet) which makes me think this market is being liquidated so I have been adding to my portfolio on these 'dips' but I am picking my stocks wisely and in a currency that is gaining strength against the $US and £UK.

If I have read the market correctly (and there is always a chance I haven't) I figure it will be higher by the end of the year. This doesn't mean it won't go down further first, but I think there will be more stimulus if it does, you can almost Bernank on it!

15/3/2012 S&P500 Hits 1400! O.K So it wasn't exactly the end of 2011, but still within around 3 months isn't bad for a call made on June 3, 2011, around 6 months in advance.

I never wavered in my resolve and still remain confident this rally is going to continue.

5,368

Jan 9, 2012, 4:17am	#41
new_trader Legendary Member Member Since Jan 2006 5,323 Posts	Re: ES Trading More firms go into administration More firms go into administration - MSN UK News The rise in companies entering administration comes amid a crippling consumer spending squeeze, driven by higher prices, slow wage growth and low confidence. What did you expect you inflationist morons...Central Banks having control of the money supply is a massive advantage??...What a crock of sh!t! __________________ "It always pays a man to be right at the right time." -Jesse Livermore CLICK - My Trading Journal \| SEARCH: soundmoneyproject \|

Jan 11, 2012, 5:17am	#42
new_trader Legendary Member Member Since Jan 2006 5,323 Posts	Re: ES Trading RON PAUL, he is undoubtedly THE GOLD STANDARD in Politics and Economics. He understands sound money, inflation and the problems created by Central Banks having unrestrained control of the money supply. On that note, here is the 3rd and concluding lecture on the basic principles of money: 4,418 __________________ "It always pays a man to be right at the right time." -Jesse Livermore CLICK - My Trading Journal \| SEARCH: soundmoneyproject \|

Jan 12, 2012, 5:21am	#43
new_trader Legendary Member Member Since Jan 2006 5,323 Posts	Re: ES Trading Andrew Napolitano - Wikipedia, the free encyclopedia Judge Andrew Napolitano - Return To Sound Money 4,454 __________________ "It always pays a man to be right at the right time." -Jesse Livermore CLICK - My Trading Journal \| SEARCH: soundmoneyproject \|

Jan 23, 2012, 5:51am	#44
new_trader Legendary Member Member Since Jan 2006 5,323 Posts	Re: ES Trading Although this isn't an official forecast, I will be watching to see if the ES prints 1315.00 sometime during the US session. 4,676 __________________ "It always pays a man to be right at the right time." -Jesse Livermore CLICK - My Trading Journal \| SEARCH: soundmoneyproject \|

Jan 23, 2012, 5:55am	#45
new_trader Legendary Member Member Since Jan 2006 5,323 Posts	Re: ES Trading Market now @ 1310.50 __________________ "It always pays a man to be right at the right time." -Jesse Livermore CLICK - My Trading Journal \| SEARCH: soundmoneyproject \|

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