Anyone scalping the FTSE Futures??

[hereward the wake]

If DOW breaks 16025-16030 resistance area, there could be a huge spike. Dow is actually busy making inverted head and shoulders currently.

Dax is too

 

[SuddenDeath]

wonder if -33 dow has done the "backing and filling" required due to yesterdays opening gap?

 

[SuddenDeath]

sp500dec still stuck at 1794

weird

 

[postman]

Well Dax isn't waiting around its already heading North. Dow will follow then FTSE will limp in behind.

 

[postman]

sp500dec still stuck at 1794

weird

f.u.d

 

[SuddenDeath]

f.u.d

FUD = Fear, Uncertainty, and Disinformation

 

[postman]

FUD = Fear, Uncertainty, and Disinformation

 

[postman]

sp500dec still stuck at 1794

weird

Just keep piling on the pressure (time) and peoples worst fears play on their minds causing them to bail out of their position.
Its the Market makers equivalent of saying to a small child "I'm going to count to 10". If your a parent you will know the child always caves.

 

[hereward the wake]

Cake or death?

 

[postman]

FUD = Fear, Uncertainty, and Disinformation

The D is Doubt - they are emotional responses.

 

[Jessi_trader]

Just keep piling on the pressure (time) and peoples worst fears play on their minds causing them to bail out of their position.
Its the Market makers equivalent of saying to a small child "I'm going to count to 10". If your a parent you will know the child always caves.

well said

 

[SuddenDeath]

16,183 is dow inverse hs target

 

[postman]

Cake or death?

The man is a genius and I very rarely use that word.
I especially like the way in one sketch he introduces the audience to a few basic words in French and then tells a joke entirely in French at the end and everybody understands it.

 

[hereward the wake]

The man is a genius and I very rarely use that word.
I especially like the way in one sketch he introduces the audience to a few basic words in French and then tells a joke entirely in French at the end and everybody understands it.

Ace! Covered in bees.......

 

[Jessi_trader]

FTSE again making bigger triangle

 

[postman]

Ace! Covered in bees.......

Cat, are you drilling?

 

[postman]

Dow futures just about to take out 16,000 while S&P takes out 1800.

It's like a double rainbow.

http://www.youtube.com/watch?feature=player_embedded&v=OQSNhk5ICTI

 

[SuddenDeath]

we are getting same pattern as yesterday, big bar higher then many bars sideways, then repeat

 

[postman]

we are getting same pattern as yesterday, big bar higher then many bars sideways, then repeat

Yes, but its Friday and we all know what that means.
It always ends with a ramp up on Friday.

 

[SuddenDeath]

Yes, but its Friday and we all know what that means.
It always ends with a ramp up on Friday.

strong weekly close = more strength next week, think this is like the 4th time on a friday I have said that and market is at all time highs. last 60/30mins the pro's want to own strength.