FetteredChinos
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morning ladies :cheesy:
i see we have all been very busy overnight!!!
good analysis guys, ive always been a big fan of triangles, and these seem to have played out nicely.
regarding the £/$ the papers for the last few weeks have been building up a weight of opinion that it will hit 2.00 before the end of the year. in fact wherever i read, that seems to be the magic figure quoted.this could well be a self-fulfilling prophecy, or at least a well marketed one lol. as a result i would expect it to keep going in its current trend 'til it gets close to 2, before the US step in to correct their Balance of Payments deficit. they cannot keep running it at such a deficit!
my 2 cents. no hang on, 3 cents, 4 cents. uh oh!
FTSE looking good today too 😀
FC
i see we have all been very busy overnight!!!
good analysis guys, ive always been a big fan of triangles, and these seem to have played out nicely.
regarding the £/$ the papers for the last few weeks have been building up a weight of opinion that it will hit 2.00 before the end of the year. in fact wherever i read, that seems to be the magic figure quoted.this could well be a self-fulfilling prophecy, or at least a well marketed one lol. as a result i would expect it to keep going in its current trend 'til it gets close to 2, before the US step in to correct their Balance of Payments deficit. they cannot keep running it at such a deficit!
my 2 cents. no hang on, 3 cents, 4 cents. uh oh!
FTSE looking good today too 😀
FC
FetteredChinos
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aha yes, good call Bonsai.
still, its a bit like standing in front of a bus at the moment. US markets have a further decline on the cards this week, and i dont see dear old FTSE resisting much. seems very fragile at the moment.
could do with this week sorting itself out soon, as im off to god's country at the end of the week. would quite like to be flat before then 😎
FC
still, its a bit like standing in front of a bus at the moment. US markets have a further decline on the cards this week, and i dont see dear old FTSE resisting much. seems very fragile at the moment.
could do with this week sorting itself out soon, as im off to god's country at the end of the week. would quite like to be flat before then 😎
FC
barjon
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mornin' all
hooya - that volume spike yesterday may have been down to
the 190m "market neutral" transaction in L&G? Things like that
throw a spanner in the volume analysis works.
Reminds me of something I read that the most successful back
tested systems are often those which found themselves on the
right side of unpredictable market shocks (like 9/11 as an
extreme).
hooya - that volume spike yesterday may have been down to
the 190m "market neutral" transaction in L&G? Things like that
throw a spanner in the volume analysis works.
Reminds me of something I read that the most successful back
tested systems are often those which found themselves on the
right side of unpredictable market shocks (like 9/11 as an
extreme).
big difference 3-6% about 300 points. but I see where he is coming from.
<img src='http://ts-lc.sc8.finance.lycos.com/1076410171015?User=demo&Pswd=demo&DataType=GIF&Symbol=INDEX:INDU&Interval=W&Permission=1000&Ht=400&Wd=600&Display=0&Study=STOC&Param1=55&Param2=34&Param3=&FontSize=10&LocaleID=0x0409'>
<img src='http://ts-lc.sc8.finance.lycos.com/1076410171015?User=demo&Pswd=demo&DataType=GIF&Symbol=INDEX:INDU&Interval=W&Permission=1000&Ht=400&Wd=600&Display=0&Study=STOC&Param1=55&Param2=34&Param3=&FontSize=10&LocaleID=0x0409'>