FTSE 100 Intraday - December

[bonsai]

Hooya / Barjon et al
if you are using that Ample website to monitor
A/D then you are probably getting a lot of pop ups.

Have you tried the Google Toolbar ?
Seems very effective at stopping them

 

[bonsai]

yawn

Interested in universal stock futures ?

here is a link
http://www.universal-stockfutures.com/country.aspx?country=826

 

[mully]

One could be easily be very unimpressed by FTSE's response to Wall Street.

 

[fotheringham]

I think it's very difficult to argue a positive case for the FTSE at present - though I'm biased of course.

 

[bonsai]

however the dax seems to be holding up very well

What have the Germans got that we haven't got
except Rolls Royce and Deckchairs ?

lol

 

[fotheringham]

My original thoughts were that the Dax and Dow were going to suffer a lot more than the FTSE. The fact that the FTSE has rolled over first (I'm still assuming it has) will probably mean the decline in the UK market is less severe.

I'm happily day trading both the Dow and Dax and riding the up-moves along with the down. However, I do believe there's a lot of pain ahead for those two. I wouldn't like to say which of them will go first.

 

[oatman]

Sunbeds in the shade, by the pool :cheesy:

 

[bonsai]

they have done it again !
auction at 4331
lol

 

[fotheringham]

Done what?

 

[Hooya]

weak performance today by the FTSE

 

[bonsai]

found 10pts in the last few minutes
(and broken my1 day !)

 

[bonsai]

now quoting 36/40

lol

but I'm not going to chase it.

gonna have a Whiskey instead.
and then a chaser

 

[bonsai]

hmmpfhhh
42/46 when I looked just now.

 

[bonsai]

Seems an appropriate moment to put up my channel chart.
The bottom line is currently at 4300. And is part of the reason I
was expecting another low today. To have bounced up from that
would have told us a lot about the state of the market ?

However it was not to be. So we are left not knowing whether
there really is any support there or not.

Looks like tomorrow will be an up day but that may tell us nothing either.

 

[barjon]

a near doji candlestick today with close holding above
the previously mentioned long candlestick support. This
should call a halt to the down move and augurs well for
upside action tomorrow.

 

[bonsai]

Hate to forecast the market and probably shouldnt stick my neck out.
But the action since the low yesterday sure looks corrective.
So an up move tomorrow looks to be a 'c' which will fail to make a new high !

But back to my 4360 does look on the cards.

Quote was 44/48 when I last looked

 

[barjon]

that fib bird been tweeting in your ear again?

 

[bonsai]

To get it right even once is amazing
but to get it right twice, I would get astrological odds ?


Even though it looks corrective, there is something that one may think is a double bottom.
In which case the projection would be around 4380+
Looks equally possible on the charts.

 

[Hooya]

79 to fill the gap....not sure what it's going to do for the rest of the day if that gets hit early on. but I know what im doing. More Christmas shopping :-( have a fun day

 

[bonsai]

morning
what I have to do today is reset all my dow graphs back to 5 digit fields

lol