P
postman
Considering the Dow closed at 545 we haven't been down there yet. Somethings keeping it up.
To say that this morning's Chicago PMI report for October was good would be an understatement. While economists were forecasting the headline reading to come in at 55.0, the actual reading was more than 10 points higher at 65.9. October's increase (+10.2) represented the third largest one-month increase in the history of the report (since 1967), and the largest monthly increase in more than thirty years (July 1983). Relative to expectations, this morning's report was the strongest since March 2007.
Dow short opened 590
I'm thinking closer to 640 to short.
Dow short opened 590
Yes but it's over 100 points. It will end the day lowerOuch. Did you have a stop on that ?
Yes but it's over 100 points. It will end the day lower
I've got a sell limit in at 638. Lets see if it gets triggered.
I've got a sell limit in at 638. Lets see if it gets triggered.
Didnt like that move down - Ive opened half my position at 620.
whats your downside target?
long 15 could be short lived though
Dax
Dow short opened 590
Yes but it's over 100 points. It will end the day lower
Judging by the last few days, there will be a rather large dip just after open. I am waiting for my Dow short entry price.
You risked 100 points for a 70 point return. Does that work well for you on average?