tradesmart
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Dollar bullish I would have thought as the inflationary aspect increases the likelihood of the Fed getting more aggressive with interest rates, but maybe the market doesn't agree......!
I'm being a bit careful with the Dow shorts - the Naz may have an island reversal on the charts which could give support to the other indices.....
FetteredChinos said:+100 banked thankyou very much
now short from 180, like the rest of you seem to be.
FC
Six Dow stocks up, twenty four down. It's being held up by Caterpillar +4%, Intel +3%, Altria &JPM +2% & United Tech +1%.Interestingly although Honeywell first qtr income was up 22% the stock is down 1% today.
FetteredChinos
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Joules MM1 said:
Therein lies a reason to be biased to the short side..
Bonsai was always a fan of A/D divergance....
well spotted though Jouley :cheesy:
FC
FetteredChinos
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10,080 close for the week anyone?
target for this short is 10,110, stop at 10,260 (great r/r eh ). might overshoot a bit though. might not.
could go sideways?
suspended trading?
who knows.
target for this short is 10,110, stop at 10,260 (great r/r eh
). might overshoot a bit though. might not.could go sideways?
suspended trading?
who knows.
Racer
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WASHINGTON (Reuters) - A federal appeals court on Wednesday refused to reconsider a recent ruling that barred the government from seeking $280 billion in past profits from cigarette makers as part of its civil racketeering case against the industry, a Justice Department spokesman said.
The spokesman said the U.S. Court of Appeals for the D.C. Circuit rejected the government's request that the full court review a ruling by a three-judge panel last month, which dealt a blow to the government's case by ruling 2-1 that it cannot pursue past industry profits.
The spokesman said the U.S. Court of Appeals for the D.C. Circuit rejected the government's request that the full court review a ruling by a three-judge panel last month, which dealt a blow to the government's case by ruling 2-1 that it cannot pursue past industry profits.
FetteredChinos
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a version of Mr Whippy actually, i think
based upon mean reversion of weekly range...
current weekly range is approx 200 dow points..
when we get to approx half-to-two thirds of that, you would expect a reversal to a degree.
the secret ingredient is knowing when to take a profit etc...
FC
based upon mean reversion of weekly range...
current weekly range is approx 200 dow points..
when we get to approx half-to-two thirds of that, you would expect a reversal to a degree.
the secret ingredient is knowing when to take a profit etc...
FC
FetteredChinos
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closed for +70.
+170 for the week. 2 trades
you have been a lovely audience
+170 for the week. 2 trades
you have been a lovely audience
tradesmart
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I suspect that he's got a hot line to Mrs Charts.......
Well done that man.........!!!.........
ps - It's still got that gap to fill at 070ish.......
TheBramble
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Well, it managed to bootstrap itself above the 10100 mark yesterday, but if 10100 doesn't hold today it could be but a small trip to sub 10K - even today.
Seems like it's itchin' to take out 10000? But there was a lot of vol to the downside, surely enough to put the brakes on downside for a while. I've shorted @ 087, looking for a bit of momentum to grab me a few points, but, this ones probably going to bounce straight back, knowing my 'luck' just recently, now that would really headf@%k me?
