gilligullu
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How much are you thinking? Pushing below 500?
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How much are you thinking? Pushing below 500?
trader_dante
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We all know the market has been rangebound for days and a sharp break one way is imminent. Now the fundamental catalyst is here. Bad earnings highlight the weak economy. This is crunch time for the Dow in my opinion. Last chance saloon for the bulls. If they can't hold the 500 (ish) level then thats it.
dans_ya_man
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Will be interesting to see if FW`S bull trend line will hold today, its bang on it now, surely the Dow cant hold on for much longer?
gilligullu
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As you said, the movement has been pretty smal in the last 6 days. Lets hope it goes down, down, down. Been waiting for something to happen for days.
:clap: hi gilligullu
down down down, at least till my contracts b/e lol
steve :innocent:
Phil Mibbutz
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Another factor is that all the US banks report next week, so will people want to get out today in anticipation of dire news?
gilligullu
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Hi Steve,
I do hope it goes down.
How much did you short it?
Matt
Hi matt
im in for 5 ftse put contracts 6.5k!
not alot by others standards but a fair old chunk to give away
dow has pulled down ftse so fingers crossed
firewalker99
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long 12460 fut :
(don't try this at home)
(don't try this at home
)
gilligullu
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Short 529, out 472. +57. Not sure if it will go back up at open..
i have no doubt techical analysis works but i find it amazing how earnings and news can really affect the market, i have never really bothered with news or fundamentals but watching cnbc and following the reports lately and seeing the affect it has on the market maybe i should get into it more.
jason
jason
Short Term Trading Live with Oscar WELCOME TO THE OMNI TRADING ACADEMY.
oscar seems have been calling for this move
oscar seems have been calling for this move
luckyd1976
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Fundamentals are good to learn in any environment.
News is crazy that way. Take GE earnings today as an example. Take out their Financial Services Losses and it was a great QUARTER. CNBC s calling it the "Tale of Two companies" GE Capital vs GE.
I'm (buying the dips) long on HON, TYC, UTX even more now based on all of the Good infrastructure buildout news coming from GE but today definately will see a down day. Big BEar Bull Slugouts going on and they are jumping on ANY news to PUSH back and Forth. These are the times I am glad I have a LTerm section in my Portfolio.
there is news and earnings pretty much everyday, is there anyway to stay ahead of it?.......any software, something i can subscribe to perhaps or do i really have to learn fundamental analysis for myself?
For example how could have i predicted the ge results and the import prices?
jason
For example how could have i predicted the ge results and the import prices?
jason
Last edited:
firewalker99
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long 12460 fut :
(don't try this at home
out at 440 = -20
looks like i could have a nice ping bar here on my hourly chart, so maybe we are heading up for a bit.......i hope so as im waiting to short but want it to retrace up abit first.
jason
yeah thanks i already have their calandar but im looking for ways to keep ahead of the news or maybe it is safe enough to trade the news once its out.........i was looking of ways to trade it before it was out.
jason
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