FTSE 100 intraday trading - JUNE 2003

[jonnyy40]

Its stuck in DOW mode now - so that's me b#gg#red!

 

[bonsai]

seems to have shot off again.
- big smile -

 

[bonsai]

suspect it has to break 34 this time or its going down

then I'll try and catch it again.
if it breaks to the upside, dunno.
we have fallen below the channel so there may be limited upside in the next 75 mins.

 

[jonnyy40]

It's like having Etch-a -sketch between the two. FTSE ignored up,seems to like down? Maybe that's where the range will come from?

 

[bonsai]

somebody was holding the market up !

what will it take for them to close or to stop ?

its not always easy to make money.

 

[jonnyy40]

let's hope they all chuck in the towel?

 

[bonsai]

the first test will be if we make a new low today
and what happens after that.

that is currently around 4112 ?

 

[jonnyy40]

Yes,but as for what happens after that, I'll have to find out with everyone tomorrow!

 

[bonsai]

that was a new low.
so now we watch ?

dow 9000 may be important.

 

[jonnyy40]

I'm honestly just saying what I see. This is ideal for me, I can learn while being able to talk, to stave off the boredom. I'd rather stick pins in my parts than sit in front of a screen all day otherwise!

 

[bonsai]

good for you.
it would be nice if others would join in.

can't see what there is to lose.

 

[Agincourt]

Well I for one think this is a very weird day.

It's like waiting for the other shoe to drop.

I'm still sitting on a buy at 4128 lol.

 

[jonnyy40]

It seems keener on down

 

[bonsai]

do you intend to leave it overnight ?

 

[jonnyy40]

You didn't do it because of me did you?

 

[waytogo]

Afternoon everyone

Some huge volumes in Ftse futures contracts this afternoon - 21K at 15:48 & 36K contracts at 15:58 - can't help but wonder if someone knows what Mr Greenspan is going to say this evening!

 

[bonsai]

it used to depend on the thickness of the wad of papers he carries.

 

[bonsai]

waytogo
what we need to know is the movement in open interest.
I dont get that unfortunately.

 

[jonnyy40]

I think I may be the only one here! People aren't sure which way to jump, are they? Maybe we'll find out what that DOW shooting star was all about?

 

[waytogo]

So the less he says the better?!