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Well done Dan.
Ftse 6700 break or bounce and I expect most major stock
markets are also positioned in a kinda red zone.Flat overnight and trading each day as it comes seems
best to me. I doubt I could sleep with trades running.Never give up, never surrender.
Keep stops tight on the short of Ftse 6700 break and Dax 10900 break, imho.
You never know when the EcB et al may get on the phone 🙂
Never give up, never surrender.
Closed all euroland shorts now.
Small long Dow 17695
Money does not really interest me, I live for the trade 😉
Never give up, never surrender.
Unless this drop has over reached in euroland, maybe due
to low volumes or algo’s running the stops, this is a
serious dent to the bulls hopes.Let’s see if the euroland version of ppt comes in and if
this low in ooh US is a bear trap.Goes without saying, don’t risk the house keeping.
Never give up, never surrender.
Got stuff to do re holiday etc.
Don’t forget FMOC wednesday, eurogroup meeting thursday
and quad oe friday.No reason for you guys to get bored 🙂
Never give up, never surrender.
Perhaps we need a qe4 to make it proper parabolic…..? Would not surprise me…. I think it would have less effect than the previous but still enough to pump markets some more. That is unless something like DB blows up.
I am more liking the precious metals day by day as if they qe more it is good for them. If it tanks big time it is good for them. I guess this recent sideways action is not, but normally only sideways for 9 of 12 months…
I longed gold with a 1400 October call option yesterday. Bought at 1.5.
If gold went ballistic, as at some point believe it will, a bet like this would make a killing. Many bets may fail as gold goes sideways/ down but when it finally goes parabolic I see no reason why it couldn’t go from say 1200 zone today to 3500 zone in days/ weeks. Maybe they just revalue it. No idea how they will do it but one way or the other it will eventually be much higher. Just don’t ask me for the day…lol
that in mind if you sacrificed £1000 a quarter on said bets. £4000 a year, then one day if it went from 1400 to 3500 you’d clear up. If you could buy at 1.0 (higher than that today (1.5) but has been there) then a move to 3500 would net you £2.1 million.
Of course IG or whoever would likely invoke ‘force majeure’ or something crooked but has to be worth a look.
It is feeling very year 2000 to me. Something somewhere has to give soon. I do think stocks will be savaged but am worried another bout of QE may pump them first.
Must go do some work on the garden…. Laterz
Dan.Dan, one day, before I die, I plan to visit your shop 😉
Re the bear trap with US ooh … point proven atm.
Closed all trades.
It’s summer, holiday time 🙂
Never give up, never surrender.
You are very welcome Cimac! Following in the footsteps of Khalsa, Zarif, Qwackers and Autonav!
I just longed Couer Mining at 551. They were 7300 in 2006 and I fancy they go back that way…. They predominantly mine silver.
looking at adding to October Gold call too.
Wow, that push up off Ftse lows and Dax and US majors was
something to behold.I bet a load of ‘anal ists’ will be getting their pencils
and rubbers out, in the not too distant 😉Never give up, never surrender.
Perhaps we could have a mini Kpad meeting in Kew? Up for that?
For security reasons, me and my entourage, will arrive unannounced 🙂
You take care Dan, you seem to be one of the good guys.
Never give up, never surrender.
Perhaps we could have a mini Kpad meeting in Kew? Up for that?
For security reasons, me and my entourage, will arrive unannounced
You take care Dan, you seem to be one of the good guys. depends on your definition of ‘good’ 🙂
do you need a security sweep pre arrival? 🙂
do you need a security sweep pre arrival?
Just a good stiff broom will do Dan 🙂
Never give up, never surrender.
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