Dick Lexic
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postie i don't understand ....if they are waiting for the sell programmes to kick in why would you close your short?
postie i don't understand ....if they are waiting for the sell programmes to kick in why would you close your short?
Mr T has been saying that the Dow builds a position during the day until the buying stops and then the sell programmes kick in and bring it down.
I opened a hypothetical position with the Dow at 15060.
When I posted at 8.25 it looked like everything had stopped - there was NO movement on my prices or on another site I use so I figured the selling would begin.
The level I closed at was 15028 ish which corresponded to 15,000 on the futures.
Thats my twisted logic - it could have been plain luck.
Hope you had a good day.
So - a quiet day today nothing much to look forward to except something about 'home sales' and 'FOMC minutes'. Don't think that will move the market much
Nikkei dropped 200 and rose 200 last night
That's a slow day for the penny index Nikkei.
any bulls in the village?
I might get Bullish around 6200 on the FTSE.
thought dow could support around here ...if not i suppose the rest will follow on like wee collie dogs
s&p still above 47 cash
thought dow could support around here ...if not i suppose the rest will follow on like wee collie dogs
s&p still above 47 cash
hmm where's me bulls
I've just gone short on FTSE @6416
I've just gone short on FTSE @6416