Anyone scalping the FTSE Futures??

[zorbas]

No wonder the Dow is advancing steadily the last 150 years

They get rid of the losers who become extinct and add new blood every so and then...

 

[SuddenDeath]

No wonder the Dow is advancing steadily the last 150 years

They get rid of the losers who become extinct and add new blood every so and then...

because dow is price weighted lower priced stocks have little effect on dow and stocks like IBM have huge effect.

think a $1 move in any stock moves the dow about 6pts

 

[postman]

plus today is 9/11 anniversary

All bullish out there

I got long before the open in the Dow and still holding
Waiting for the proper spike up in the Dax, probably around 8510-15 , to hedge it.
My opinion the Dow has more legs to go than the Dax at these levels.

Well done on the Long - your probably right about the dow - it just takes cojones to hold on to it.

 

[postman]

The Dow is boosted by the addition of Goldman, Nike etc. it got new blood

On a practical level, index trackers buy stocks in the index (kinda makes sense), but this has the effect of pushing up the value of a stock Before it enters the index. Once its in - the price drops, like buy the rumor sell the news. This has a negative effect on the index as the stock is now counted and is falling in value.
Goldman has had a 10% increase since the beginning of September, maybe its due a re adjustment to fair value?

 

[zorbas]

because dow is price weighted lower priced stocks have little effect on dow and stocks like IBM have huge effect.

think a $1 move in any stock moves the dow about 6pts

Then with the addition of Goldman, Visa and Nike this could easily go to 15600 in e next days. Just look at the daily chart ....

Bet next year, the next to be kicked out will be Intel and Cisco

 

[Dick Lexic]

so has the s&p been changed as well? charts look like dow is lagging...yellow line

 

[postman]

You know what guys - its all a casino in the end.
If we knew the answers we'd all be rich.
Here's to 'the great unwashed'. :cheers:

 

[Dick Lexic]

Dick its to do with price weighting , sp500 is market cap weighted .

ok sd didn't know that ...just a simple charty pants

how is it with the ftse then? price or cap?

 

[Dick Lexic]

where did your post go?

 

[postman]

Dax and FTSE after market are setting themselves up for a pop (up) in the dow. Hold on to your hats.

 

[zorbas]

Here is coming the spike in the Dax ...

 

[zorbas]

so has the s&p been changed as well? charts look like dow is lagging...yellow line

It is lagging because of the losers AA, HP etc
Now with Goldman on the steering wheel it will lead the herd

 

[SuddenDeath]

Dow will not stop going up until the last short is killed or at least suffers severe pain

couple of blinks of the eye wasn't the dax at 8176 ?

for shorters this is the telephone number for the samaritans

08456 358 569

 

[bustech]

Might test the high's in Asia again today before selling.

RBNZ rate call today.

And Aussie unemployment the big market mover, never bad, someone in China works out the numbers.

 

[zorbas]

I want to short the Dax but my fingers are trembling ....

 

[SuddenDeath]

I want to short the Dax but my fingers are trembling ....

soon everything will be trembling

did I miss the last hour sell-off ? in dow

 

[Dick Lexic]

It is lagging because of the losers AA, HP etc
Now with Goldman on the steering wheel it will lead the herd

time will tell

 

[Dick Lexic]

Might test the high's in Asia again today before selling.

RBNZ rate call today.

And Aussie unemployment the big market mover, never bad, someone in China works out the numbers.

well they won't be wong

 

[zorbas]

Might test the high's in Asia again today before selling.

RBNZ rate call today.

And Aussie unemployment the big market mover, never bad, someone in China works out the numbers.

Nikkei futures didn't follow the Dow during the day.

Probably they keep some of the move for the Japan session.

 

[Dick Lexic]

ftse 580 will keep the bulls happy simples ....over 'n out