FTSE 100 Intraday - December

[bonsai]

mully
have you found anywhere to trade ft250 ?

 

[oatman]

The $ is the first market you should be looking at

 

[Hooya]

Bonsai, I know you were looking to put something in your bag for next year. An AIm stock if you remember looked good at 28p earlier in the year...near the highs of the year but still a bit to go in my book. Not sure where a good entry would be however some of this rise has been cause by Director options etc. So pull back and buy. Not sure its your cup of tea though?

 

[bonsai]

thanks for the thought.
will look it over.

interesting chart ?

<img src="http://cchart.finance.ukl.yahoo.com/z?s=pnb.l&t=3m&l=on&z=m&q=c&i=uk">

 

[Hooya]

Its not the most traded stock so you can really apply TA but clearly in a sideways pattern at the moment. Not sure how it would fair if there was a strong index pull back though

 

[barjon]

mornin' all

bonsai - any chance of lining yours up with mine? Mine doesn't
include last night's DOW close

 

[bonsai]

maybe more to come ?

 

[Hooya]

<img src='http://chart.bigcharts.com/bc3/intchart/frames/chart.asp?symb=uk%3AFtse+250&compidx=DJIA%3A1643&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&size=3&state=8&sid=125174&style=380&time=9&freq=1&comp=NO%5FSYMBOL%5FCHOSEN&nosettings=1&rand=9647&mocktick=1'>

 

[Hooya]

Bonsai, God you can apply a wave
count to anything can't you
I can see a wave 4 enteing the territory of wave 1 LOL
It's got a good bunch of pubs in it's portfolio and most of them in the affluant homecounties areas so should bebale to ride out any
industry problems better than most

 

[bonsai]

I think this lines up ?

 

[bonsai]

hooya
lol

wouldnt leave home without it.

I dont think elliott ever said the wave count works with individual stocks.

and with a small company in the AIM market - no chance.

but sometimes its better than nothing ?

 

[barjon]

mmm, thx - dollar weakness not the answer for recent divergence
then.

off for some golf - it's a cracking day.

make money, guys

 

[bonsai]

back to trading ?

the shape on ftse since the high this morning has an a/b/c feel to it ?

you will soon have a very low risk entry.

but if the low doesnt hold then you must exit.

something similar on the dax which maybe the better bet but the spread is bigger.

 

[bonsai]

going great guns so far?

anybody with me ?

 

[JeanM]

Bonsai


Yea I am, or was. Stupidly I chickened out a few minutes ago with the US looking as if it's going to open down. At least I still have a future running.

Jean

 

[Hooya]

not me...stopped trading for Xmas now. Weak I know but ending the year in profit and getting ready for the next stage of my trading plan which starts in the new year. (includes trading only FTSE hours gulp!! and increasing my stakes and my pot)

Looks like a gap fill

 

[bonsai]

jean
no real answer to that except a trailing stop ?
but even with those you can get out too early.

however we have now had a nice run up to resistance
so waiting for the next instalment.

beginning to give up on the idea we may test 300
but you never know.

 

[barjon]

there aren't any gaps so there you've all been making
money under false pretences.

 

[bonsai]

somebody's been at the cooking sherry again ?

 

[Hooya]