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.
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.