Anyone scalping the FTSE Futures??

[inzimam]

i'm holding longs but it's up and down in this stupid range....still down out of hours after yesterdays massive drop

 

[postman]

i'm holding longs but it's up and down in this stupid range....still down out of hours after yesterdays massive drop

Dow is up 400 points in the last 45 minutes, we just had the pre market shakeout!

 

[postman]

Dow close > 20400 today.

 

[inzimam]

well lets hope that was the bottom for today!!!

 

[inzimam]

id be more comfortable if it gets above 19600 pretty soon

 

[inzimam]

cannot trust these yanks right now....money is being gifted to them

 

[inzimam]

is it an 'add on the pull backs' kinda day?

 

[inzimam]

not sure what to do?! Should I hold this now for the long term...

I'm looking at the charts and fib levels (which i know aren't the be all and end all)

23000 looks like a target

 

[inzimam]

20500 is target for today

 

[Dentalfloss]

rangebound

 

[Dentalfloss]

 

[Dentalfloss]

 

[Dentalfloss]

 

[barjon]

Mmm, NASDAQ traded strong against DOW all day - down 4% against DOW’s 6.3% at the end - and is beginning to look a tad fed-up with being dragged down. It may be the one to lead the charge if the closing couple of hours follows through.

Just to emphasise the point. At the high point (so far) today DOW was up 2.5% (503 points) and NASDAQ was up 4.0% (290 points). $1 per point on DOW is equivalent of $2.77 per point on NASDAQ.

So the result of today’s move to the high (so far) would have been:

DOW $1x503 = $503
NASDAQ $2.77 x 290 = $803

Pays to be on the strongest horse.

 

[inzimam]

Just to emphasise the point. At the high point (so far) today DOW was up 2.5% (503 points) and NASDAQ was up 4.0% (290 points). $1 per point on DOW is equivalent of $2.77 per point on NASDAQ.

So the result of today’s move to the high (so far) would have been:

DOW $1x503 = $503
NASDAQ $2.77 x 290 = $803

Pays to be on the strongest horse.

interesting, thanks

 

[inzimam]

Rip

 

[postman]

Dow close > 20400 today.

Well it made 20,442 then dipped into the close.

 

[Oscar Reed]

Markets look boring.

 

[postman]

Markets look boring.

Yeah 3% moves are sooooo dull nowadays.

 

[Dentalfloss]