Anyone scalping the FTSE Futures??

postman said:
Were in la la land now.
FTSE making a break for the days high whilst Dow -120 languishes around the 15,000 level.
I can only assume someone is desperately trying to manipulate a positive close on the ftse today.
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postman said:
Dows going into meltdown and ftse still staying positive. :rolleyes:
I'm short ftse with a big stop -this will tank overnight. IMO
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Hey - FTSE closes positive and falls 29 points in as many minutes. Who'd have thought it :rolleyes:. (Or more to the point who 'engineered' it that way).
Another shock - trader shorts ftse and makes profit. :eek: :LOL: :LOL: :LOL:
 
postman said:
My exit is 14922. I'm sure it will go lower - how much I dont know.
I just specified a trade with entry and exit points. The chances of picking the exact number the Dow will stop at is pretty small.
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very hard to know how far it falls, I agree
 
postman said:
So the next question is - to 'V' or not to 'V'. (That's (almost) more Shakespeare DL :p)

Straight down straight back up?

That is after we've found the bottom.
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when the dow is damaged technically as it is the bottoming takes time to repair and move higher.

I will let this thread know when the turn comes. :)

if we get to 14,800 then october is toast for dow.
 
SuddenDeath said:
when the dow is damaged technically as it is the bottoming takes time to repair and move higher.
I will let this thread know when the turn comes. :)
if we get to 14,800 then october is toast for dow.
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I'm out atm - do you think we have more downside tonight?
 
postman said:
I'm out atm - do you think we have more downside tonight?
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i missread it at 15,005 fell 55 more,. do not think the pro's wont to own this. unless they want to buy the 5% correction level. internals very negative.

lost 2pts
 
SuddenDeath said:
i missread it at 15,005 fell 55 more,. do not think the pro's wont to own this. unless they want to buy the 5% correction level. internals very negative.

lost 2pts
Click to expand...

Not good about the loss.
Looking at FTSE and Dax - this is going up into the close.
No idea what tomorrow will bring. Maybe more downside.
 
postman said:
Not good about the loss.
Looking at FTSE and Dax - this is going up into the close.
No idea what tomorrow will bring. Maybe more downside.
Click to expand...

wonder if hedges are short/us and long /eu might explain the big divergence

some report of huge inflows into UK funds.hedges
 
nope the pros dont want to be long dow. barring any news, more pain tomorrow unless it can go above trigger buy
 
NFP day so ....come on the bulls:clap::clap::clap:

or as shakespeare might say "bull sh*t or no bull sh*t":)
 
mornin' all

ftse traded +65 strong vs dow yesterday - despite the US turmoil I can't resist a small short/long before I go to golf if it looks ok after open.
 
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