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Worked my socks off on that Dow back and forth.
Made enough to close any bad entries so that
my new and only open position is ….Short Dow 19922 – stop 21050 – limit 18000
I think that will do.
Never give up, never surrender.
Dax in rth exceeded the FMOC ooh ‘h’ this morning.
Looks like a short stop run so far.
Never give up, never surrender.
My trailing stop was hit on my Dow short which
was no great surprise as euroland hinted.No worry as I am in profit and will look to
get back in higher.Never give up, never surrender.
Most people I know are talking about taking time out
over the last two weeks of 2016. I feel that I would
be missing out if I did not do the same.Never give up, never surrender.
Seasons Greetings to you cimac – you deserve the rest for keeping this place going singlehanded .Tough last month trading a SU market , but all good things come to those …
Looking forward to a super volatile 2017 , even by 2016 standards .
Cheers baaa and merry may you be 😉
If there are no special events then …
Christmas week tends to rally as bonus targets are aimed for.
Last trading week of the year is window dressing to attract
the public to invest in stock markets next year.I would avoid both fridays.
Never give up, never surrender.
Ftse and Dax have rallied so far this week.
Dow is 19950 atm and I would expect a test of 19900 in rth
but trades this week are subject to low volume moves and
it pays to take that in mind.IF the US is s2l then
– spill up
– down for pt3
– up into the close.That could be worth a small punt.
Never give up, never surrender.
Opening gap up if Dow 19950 and spx 2270 ooh is the real deal.
Then who is this a trap for.
Can the bulls take this on to Dow 20k and spx 2300 without
a pull back or are the bears ready for a quick drop.
What fun we will have !Never give up, never surrender.
I have two of these entries …
Small short Dow 19981 – stop 21000 – limit 18000
That was worth coming into the office today.
Now I wish you all the very best for Christmas.
Never give up, never surrender.
I have two of these entries …
Small short Dow 19981 – stop 21000 – limit 18000
Stops to b/e
If taken I will most likely reenter at 20k
Never give up, never surrender.
Out with the old in with the new.
Entry order ….
small short Dow 20k – stop 22300 – limit 17500Leave the bait and hope for a bite.
Never give up, never surrender.
Small short Dow 19951 – stop 22400 – limit 17500
Now I can break for Christmas knowing I have my initial
short for 2017 and I can add the other entries later.Ho Ho Ho
Never give up, never surrender.
Today’s breach of the 5611 August 1st high supports this mid-November forecast …
ASX 200 @ Tue 15 Nov 16
The July 8th update projected a ‘topping target around 5630’. The MONTHLY chart shows that pattern topping at 5611 on August 1st.
That rally and the subsequent sell-off are counted as the 1st and 2nd of a potential five wave rally (ending diagonal). An early heads up was given when wave-2 retraced a textbook 61.8% of wave-1.
If correct look for a wave-(C) top around 7000 (red horizontal).
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