Emini Trading Update – Thursday 1 Dec 2011 (16:52)
I’ve lost count of the number of times the market has been rescued by the skin of it’s teeth. You gotta laugh – the market moves simply as a result of Government announcements now. Forget earnings, deals, FDA approvals – meaningless. We’ve become the Soviet Union and the Politbureau has just told us they’re here to help. I can’t even muster a rant anymore.
Anyway, small note about the first 4,500 tick bar chart I show. Had to re-fresh my cached data this morning and I don’t think it all came through. So my 4,500 tick chart might look different to yours around Tuesday/Wednesday.
We’re getting ready for a little travelling so apologies if the site is a little quiet. If you’re bored and run out of Mad Men re-runs why not check out the How to Day Trade page. I’ve been quietly re-arranging some stuff – and I hope the material lives up to the title.
If you’re reading this article via email or RSS reader, then follow this link to view the Emini Trading video on the website. Good luck with your Emini trading.
P.S. Please, no emails about the misspelling of Politbureau – I think it should be spelt this way, not Politburo. Spasiba.