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Dow is off again, another 100 point up day tomorrow, (thats not a joke).
My WAG is they pump it up overnight, it opens up 100 points and no one is stupid enough to buy at these levels, and if they short the Fed will punish them the next day so it sits in a narrow range again.
You know what to do ...
When Dax drops, it bounces.
L 9736
Out here at 9810
I think your getting the hang of the 'Long only' game now.
The dax went below 9838 and IG's platform was working but intertraders platform mysteriously stopped working for around 30 seconds until the price moved up again. :whistling
Are there laws against that kind of thing. (Second time this morning).
Normally zerohedge is a little strong even for my palate, but this is an informative article.
http://www.zerohedge.com/news/2014-07-15/market-rigging-explained
I take the view that all spread betting platforms are a bit of a bucket shops.Great advert for spread betting....always get filled eh wot wot !
Dax still melting up. Should have stayed in my long!
No dip yet to get back long either, really. Tempted to just jump on board at random for the inevitable continuation.
... I am taking a bit of money of them (as the account is small) trading mid term position just to annoy them. :cheesy::innocent: