Viewing 15 posts - 1 through 15 (of 97 total)
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  • #14586
    cimac
    Participant
      • Topics 82
      • Replies 6956
      • Total 7038

      Welcome to July

      May aswell start early because apart from the final June rebalance
      most of the issues we have are going to run and run into July.

      Never give up, never surrender.

      #14587
      cimac
      Participant
        • Topics 82
        • Replies 6956
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        Like most traders I am only going to be around half
        the time, at most, through into early September.

        We have had super low volumes already and this could
        turn out to be one of the lowest volume years.
        That could change if panic sets in as the markets
        are very vulnerable and we all know it.

        Never give up, never surrender.

        #14588
        cimac
        Participant
          • Topics 82
          • Replies 6956
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          If there is a Greek default then banks are likely to fail
          and you never know, it may not be just Greek banks.

          Take extra care trading until atleast some dust settles.

          Never give up, never surrender.

          #14590
          cimac
          Participant
            • Topics 82
            • Replies 6956
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            Greek banks will not open on monday.

            Never give up, never surrender.

            #14598
            MAURITIUS
            Participant
              • Topics 0
              • Replies 5291
              • Total 5291

              Won’t open all week…. Neither will Greek stock exchange.

              IG have
              dow -300
              dax -510
              ftse -210

              Bitcoin plus 2.5%

              #14600
              MAURITIUS
              Participant
                • Topics 0
                • Replies 5291
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                Dax was nearly -700 at one point. I’d expect that low to be retested for sure.

                #14602
                houdini
                Participant
                  • Topics 0
                  • Replies 484
                  • Total 484

                  hello padsters

                  hope you’re all well and navigating the treacherous waters out there.

                  seems monday is going to open well into the red,interesting to see how asian markets

                  react following fridays bloodbath.

                  spx opening below 2080ish,targets 2020’s head and shoulders target…

                  enough of this range now!

                  #14606
                  MAURITIUS
                  Participant
                    • Topics 0
                    • Replies 5291
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                    Good evening to you…

                    China has been tanking lately anyway. I suspect another tank and the Spoos targets you talk of this week, albeit via a roller coaster. Short any news driven rallies? What dya reckon?

                    #14607
                    cimac
                    Participant
                      • Topics 82
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                      I suspect the algo’s will have a great time chasing the bulls
                      into early July and then chasing the bears into 23rd July.

                      Never give up, never surrender.

                      #14608
                      cimac
                      Participant
                        • Topics 82
                        • Replies 6956
                        • Total 7038

                        Margin calls on euro positions aswell as stocks.

                        I may have a bet(would not call it a trade) tomorrow
                        but beware of central bank intervention.

                        We live in interesting times, once again.

                        Never give up, never surrender.

                        #14610
                        MAURITIUS
                        Participant
                          • Topics 0
                          • Replies 5291
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                          Volatile…perhaps short the interventions……..

                           

                          #14611
                          cimac
                          Participant
                            • Topics 82
                            • Replies 6956
                            • Total 7038

                            Initial euro drop and US stock futures drop has not really bounced
                            and niether was there a recovery in Jpn or Aus stocks.

                            I will await euroland rth but unless the price is right, these
                            days I stay out and enjoy the summer.

                            Never give up, never surrender.

                            #14612
                            cimac
                            Participant
                              • Topics 82
                              • Replies 6956
                              • Total 7038

                              We have gone too far towards a cashless society as it
                              once again puts too much power in the hands of banks.

                              In Greece right now, would you take card payments
                              or stick to cash and maybe barter.

                              We all have a lot to watch and learn from Greece.

                              Never give up, never surrender.

                              #14613
                              cimac
                              Participant
                                • Topics 82
                                • Replies 6956
                                • Total 7038

                                Dax -600, Cac -300, Ftse -200

                                Wait and see where rth opens.

                                Never give up, never surrender.

                                #14617
                                cimac
                                Participant
                                  • Topics 82
                                  • Replies 6956
                                  • Total 7038

                                  A litmus test to how bad things are:-

                                  Normal market reaction would be to find support and
                                  then trend towards half the opening gap down.

                                  If no support is found within the first hour then
                                  this would be an early warning.

                                  I am going out and will remain flat.

                                  Never give up, never surrender.

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