December 2014

[cimac]

Ftse ooh got to circa 6380

In general the bulls have had a good day but no wow
factor(so far) which they needed bearing in mind
all the falls they are trying to recover.

I will watch into US close just incase there is a
better Ftse ooh entry.

Never give up, never surrender.

[cimac]

Hope does spring eternal … reading Ftse Santa Rally is
on if the index can hold above 6300 … so one up day
and the Xmas bonus brigade are out shopping 😉

Never give up, never surrender.

[cimac]

cimac wrote:

Hope does spring eternal … reading Ftse Santa Rally is
on if the index can hold above 6300 … so one up day
and the Xmas bonus brigade are out shopping 😉

I would say they have to hold this week’s low with maybe both
thursday and friday as a bit of a challenge.

Most likely hinge on larger players positioning for quad oe.

Never give up, never surrender.

[arkangel]

these ranges make the Himalayas look small !!

Was nice to see the spike ride all the way back down to origin, back up again has surprised me though, back to this 2010 level again. +43 on the day and at 2010 resistance. its oh so tempting to short the resistance overnight, byt the trend is your friend..or is the range your friend, or is expiry your friend, or maybe there are no friends just risks……. doesn’t feel like we’ve had the capitulation bottom yet, but maybe we wont get one !!??

[MAURITIUS]

http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/12/20141217_EOD10.jpg

You been this Mike? 🙂

[MAURITIUS]

http://www.zerohedge.com/news/2014-12-03/russias-monetary-solution

Russia to set up a gold standard? That would be fun…..

[MAURITIUS]

 

Curious but not surprising (to me anyway)…

http://www.zerohedge.com/news/2014-12-16/commodity-trading-giant-exits-physical-gold-due-lack-physical-documented-origin

But the biggest surprise in this story was the reason why Gunvor chose to discontinues its gold trading. Per Bloomberg, “executives decided to abandon the precious metals trading business partly because of difficulties in finding steady supplies of gold where the origin could be well documented, one of the people said.”

[MAURITIUS]

The Big Five banks in America have 191 Trillion dollars of bets (derivatives) based on interest rates.

1100% of US GDP

what could go wrong?

[MAURITIUS]

This might send it back down Mike…

http://rt.com/usa/215387-obama-bill-russia-sanctions/

New sanctions against Russia expected to be announced by end of the week….

I’d lol if Russia hit em with a gold standard beforehand 🙂

Financial “It’s a Knockout”

[arkangel]

ha ha…. in the flip side a Russian withdrawal from  Ukraine could be light the rockets touch paper…. expect the unexpected lol….

[cimac]

For the Ftse based on a start pt of 6400 which we nearly hit in
ooh lastnight, the odds may favour we drop into the weekend
and then rally a la Santa through the holiday period.

This could well be the course of least resistance.

Never give up, never surrender.

[cimac]

Dax ooh indicates a gap up of circa +170 atm

Small short for me at 9730 target 9600 at sometime.

Never give up, never surrender.

[Papillon]

FTSE has done the 50% retrace, is that enough or does it want the 61.8??

[cimac]

Enough for today paps, I think.

Dax stop at 9700 so it will be eaten in a bit and I take 30pts profit.

Never give up, never surrender.

[cimac]

Ftse traders could look at a 2007 daily chart to see
if they think it’s a possible mirror year to 2014 by
just comparing the final few months of each year.

Never give up, never surrender.

[Author]

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