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Just to upset the most traders, I wonder if the market
does an unshoot then overshoot re the aths.Shorters from lastnight will be either out or in pain so
why not take out the longs who are in for the aths.Then repeat nextweek.
Never give up, never surrender.
Just holding the small Dax short.
Prepared to sit back and see how friday pans out.
Then next week, new moon on 18th and OE friday.Not a pt I would want to go overboard with longs or shorts.
Maybe take friday off for an extended weekend break.
Never give up, never surrender.
Small short Ftse 6850
Because it just don’t feel right, not having an interest in it.
Never give up, never surrender.
I will take a Dax profit on the next dip.
Keep the Ftse as my drop marker.
Assuming we get a dip or a drop 🙁
I will be back online monday.
Never give up, never surrender.
Just before my car arrives to take me off for my three day weekend.
Happy holiday monday for you guys in the US.
We may see Ftse 6900, s&p 2100, Dow 18200, Dax 11k all plus change
but the volumes on this rally are so low and that says false to me.US funds are buying dips and taking short stops to help rally the
market in the hope of getting fresh money from the public.As before when we get the ath papers and tv stories that will
be the signal for a good drop.Never give up, never surrender.
We have the new moon mid week so given a +/- 2 day window
it would seem a valid time for a high of sorts on any day.OE on friday and it’s odd we did not get a good low into the
end of the week as a launch pad for an uptick expiry.Low volumes, climbing the wall of worry, all seem to me a
sign of a 5th wave to end the move.Never give up, never surrender.
Anyone following this NBC news anchor story. He lost his job and three journalist associates all died last week. Between them they had set up an independent video news company and had filed documents to allow them access to The Kremlin’s evidence about 9 11.
I have no view on the odds of a Greek deal today but
there is a trend to lower expectations, then come
out with something a bit more positive.Like US earnings where they always beat expectations
because the expectations have been down played.Never give up, never surrender.
I used the dip today to exit both my Ftse and Dax shorts
for b/e … Ftse loss and Dax profit.I would like a Ftse short entry at 6900 and will wait
and see what chances there are of that this week.Never give up, never surrender.
Anyone following this NBC news anchor story. He lost his job and three journalist associates all died last week. Between them they had set up an independent video news company and had filed documents to allow them access to The Kremlin’s evidence about 9 11.
I think there is a whole lot going on on all fronts between the US and USSR, much of it we will never know! unless wiki leaks can work its magic !
Small short Ftse 6872 as cover against a surprise drop.
I note that some of the last bears are waving white flags.
Next peak could be anywhere from this week through to the
week around 9th June Bradley. Plenty of time for a drop
and then ath into mid year. I find this trade to be of
great interest to me but day trading long and short is
still my main activity.Never give up, never surrender.
Small short Ftse 6872 as cover against a surprise drop.
I opened a 6875 and have now closed the 6872 so it must be
lunchtime if am bored enough to work a 3pt entry 🙂Never give up, never surrender.
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