Anyone scalping the FTSE Futures??

[joseph1986]

Oil prices turn direction, up about 2 pct after eia data shows large gasoline inventory draw

 

[joseph1986]

Eia-u.s. Weekly gasoline stocks off 3.26 mln bbls to 238.19 mln, vs forecast of 0.20 mln bbl draw

 

[joseph1986]

dow has upside so long as crude is below that figure....1 to 1 corelation

 

[joseph1986]

dont sell if crude hits thirty five. sell if it hits thirty eight ninety three if you want to wipe out

 

[joseph1986]

I'm calling the bottom on WTI at 39.35

:cheesy:
that data release tried....then it said 7uck off

 

[piphoe]

:cheesy:
that data release tried....then it said 7uck off

if you had to guess joseph which way would you say DOW from here for next hour or so?

 

[postman]

Every time the dow dips its nose they pull it up sharply. They never give up!

 

[joseph1986]

if you had to guess joseph which way would you say DOW from here for next hour or so?

down

 

[joseph1986]

crude needs to snap 40.70 for bulls to die

read.

 

[joseph1986]

some dumbasses bought stock at the fed too early....had they let it drop we would have seen a rally kick in right about now

 

[joseph1986]

plunge protection team struggling to keep it up

 

[piphoe]

very interesting ..thx joseph

 

[postman]

4 hours of grinding higher.
Its a straight line so its all automated.

 

[piphoe]

4 hours of grinding higher.
Its a straight line so its all automated.

yep. very orderly & methodical

i'm waiting to short higher improve my basis

 

[postman]

Do it within the next 30 minutes then.

 

[piphoe]

Do it within the next 30 minutes then.

why? higher this goes better my basis?😕

let me clarify: if you suggest this drops lower in next 30 min that's fine with me. i'll just cover even or at slight loss.

 

[postman]

why? higher this goes better my basis?😕

let me clarify: if you suggest this drops lower in next 30 min that's fine with me. i'll just cover even or at slight loss.

I was suggesting it would go lower.
I've just shorted dow @328

 

[piphoe]

I was suggesting it would go lower.
I've just shorted dow @328

i think we got another leg up first..

 

[postman]

Could see quite a selloff into the close.

 

[joseph1986]

start of bear market = 8/3/2016