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  • #7457
    Khalsa
    Moderator

      I have copied across Septembers posts from the August thread for you here Cim and created a new September thread at the same time.

      Plan your trade, trade your plan!

      #7458
      Papillon
      Participant

        K, you should know by now that whatever the news it’s BUY ‘EM, lol

        #7459
        Khalsa
        Moderator

          So true in MAD MODE Paps

          I should have seen it coming with ESG/SPXG combo really.

          Lets hope its another pop and drop.

          oops Draghi mustard talking now … As long as he keeps gabbing I guess its SU lol

          Plan your trade, trade your plan!

          #7460
          cimac
          Participant

            Cheers ‘K’

            EcB qe program to start soon with details at 2nd October meeting.

            QE holds rates low and markets high, it does not get the world
            out of the financial mess, hence the crash is delayed but
            will not be held off forever.

            Never give up, never surrender.

            #7461
            baaa
            Participant

              was 50% position short , now 75%.

              all in the price & more imo .

              even took a eur/usd long at 1.30 for a scalp… I must be mad

               

              #7462
              billy3
              Participant

                Hi K

                Any views on longer term ? Ie more than 24 hrs lol !

                This upside is getting boring and could do with some downside.

                #7463
                cimac
                Participant

                  Well in todays circus I sold my Ftse 6894 short for a small profit
                  and then re-opened at 6900 which suits me much better being
                  the neat and tidy guy I am 😉

                  Never give up, never surrender.

                  #7464
                  cimac
                  Participant

                    I wonder how many people will ponder the EcB qe program news and
                    come to the conclusion that the data seen by those in power must
                    be very dire to convince Germany to bank roll this lunacy !!

                    Never give up, never surrender.

                    #7465
                    cimac
                    Participant

                      Noticed this on another board …

                      “Things are so bad in Europe they are announcing new
                      programs before launching the prior ones”

                      … excellent 🙂

                      Never give up, never surrender.

                      #7466
                      Khalsa
                      Moderator

                        I wonder how many people will ponder the EcB qe program news and come to the conclusion that the data seen by those in power must be very dire to convince Germany to bank roll this lunacy !!

                        Absolutely spot on mate!

                        Plan your trade, trade your plan!

                        #7468
                        Khalsa
                        Moderator

                          Hi K Any views on longer term ? Ie more than 24 hrs lol ! This upside is getting boring and could do with some downside.

                          Problem is in MAD MODE it can just carry on up for absolutely no logical reason.

                          Realistically, I am pretty convinced we see a low 197x.x print on SPX and for me that is the level to break. If we do we can then fall.

                          Until then there is a risk to 2020/40 area.

                          The good news is NAS was weak yesterday (albeit due to Apple). If TECHS can lead, if TRIN can be above 1, if VIX can rise, we can start to crack down.

                          My hope remains today we gap fill. Just do not want it to support and zoom from there

                           

                          Plan your trade, trade your plan!

                          #7473
                          Khalsa
                          Moderator

                            lol this is getting like finding Bin Laden’s DOg.

                            It is rallying on the same headline again

                            “The claim comes as Ukraine’s president Poroshenko announces he will order a ceasefire at 1100 GMT tomorrow.”

                            Plan your trade, trade your plan!

                            #7475
                            Khalsa
                            Moderator

                              SYSTEMS ESG / SPXG bullish combo print a +7/+10 yet again.

                              Yesterday it failed once it hit this.

                              Today, only God knows

                              Plan your trade, trade your plan!

                              #7479
                              cimac
                              Participant

                                At the end of the day the only market chart which really counts
                                has this 5yr bull as a ‘B’ wave and we will need a ‘C’ wave
                                down to atleast re-test the start of the ‘B’.

                                Kitchen sink qe will just delay, imho.

                                Never give up, never surrender.

                                #7480
                                cimac
                                Participant

                                  A side affect of the EcB ‘words’ is a weaker euro which
                                  could result in capital flight via euroland bonds
                                  being ditched. No worries as the EcB can buy’em.

                                  So they achieve what ??? the EcB owns the junk bonds
                                  and not foreign investors. Well that’s going to
                                  create jobs and put bread on tables, my a*** !

                                  Never give up, never surrender.

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