Anyone scalping the FTSE Futures??

[SuddenDeath]

they should have an elliott wave central command which sends out the wave count, bit like bomber command during the war

 

[SuddenDeath]

BLT/RIO doing damage both down 2.1% and more

GSK/VOD/BATS are up, flight into safety

 

[SuddenDeath]

or sideways

think this eliot wave stuff is a bit like my scalping, a lot of activity leading to a big head ache !

 

[SuddenDeath]

Dow down 108,

ftse being crushed, 30yr us very strong, falling yields

 

[SuddenDeath]

Dow down 133pts, they could not make the shorts cover

 

[SuddenDeath]

Italy's stock market tumbles 3 pct

 

[SuddenDeath]

Can you send the link again.
Just got home from work.
Thanks.

sorry missed your post, will find link and send

 

[SuddenDeath]

indices are already very bearish sp500 is 100% bearish, and dow is almost 100% bearish. the only way to get rally imho, is

a. dow opens down 130pts (and shorts cover in first few minutes and can go home early ) market then trend slowly higher as other shorts think of protecting their profits.

b, they can manipulated dow up at the open and trigger buy stops above the friday close, setting in trend a chain reaction causing market to spike higher.

You may want to listen to bernankes testimony before congress.

I posted the above at about 9.41 am today

The US economy is getting some help from the big drop in crude/gasoline prices. check the chart of walmart WMT

they could not get the shorts to cover, more bad news from cyprus and italy ( i am sure that referee was mafioso, or will become a "made man" with is performance yesterday)

 

[SuddenDeath]

SP500 at 50% retracement of the 30 day move from lows 1315

 

[SuddenDeath]

new home sales out now, need to filter the CNBC pro corporate spin

 

[SuddenDeath]

Good US housing data , but sadly Dow is heading back lower

 

[SuddenDeath]

where is everyone gone?

 

[SuddenDeath]

16.38pm Monday

Dow down 165 should fall a lot further

 

[SuddenDeath]

16.38pm Monday

Dow down 165 should fall a lot further

dow down 165, suppose it does not want to fall

 

[klw]

where is everyone gone?

Hi SD -- I am 1 of the lurkers on the thread.It has peaked my interest due to the decent calibre of poster on here. Ftse and Dow were the first 2 instruments I was mentored on many moons ago so I have a soft spot for them.Unfortunately I don't trade them any more as I exclusively only trade oil now and short term as well so don't have much time to post anything that might be of interest or help, I will try occasionally however to participate on the thread when I have time , you never know I just might start trading ftse again.Good job on the thread you guys and keep up the good work.

 

[SuddenDeath]

Hi SD -- I am 1 of the lurkers on the thread.It has peaked my interest due to the decent calibre of poster on here. Ftse and Dow were the first 2 instruments I was mentored on many moons ago so I have a soft spot for them.Unfortunately I don't trade them any more as I exclusively only trade oil now and short term as well so don't have much time to post anything that might be of interest or help, I will try occasionally however to participate on the thread when I have time , you never know I just might start trading ftse again.Good job on the thread you guys and keep up the good work.

Dear KLW I am very pleased you have taken the trouble to post, I hope u will post again soon.

are you short crude at the moment?

do u notice that in the run up to a US election crude prices tend to fall?

 

[klw]

dow down 165, suppose it does not want to fall

Might go down another 40 points yet , we have adr for the day and a 50% fib ( h4 ) around those levels.Only time will tell .

 

[SuddenDeath]

78.83 was todays sell trigger for light sweet crude CL`Q2

 

[klw]

Dear KLW I am very pleased you have taken the trouble to post, I hope u will post again soon.

are you short crude at the moment?

do u notice that in the run up to a US election crude prices tend to fall?

To be honest SD I don't look for that kind of information as a background to my trades , I really am a short term trader so fundies and anything else means very little to me, I don't even know the price of oil somedays I am just so focussed on my little area of trading, chart , price action candlesticks etc.

 

[SuddenDeath]

Might go down another 40 points yet , we have adr for the day and a 50% fib ( h4 ) around those levels.Only time will tell .

yep sounds about right