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All QE has done is give free money to the crooks CIM to over inflate assets.
Joe Public is no better off, infact worse off.
Plan your trade, trade your plan!
Bin Laden’s dog, lol. Those were the days, market was even more mad at that time, relentlessly up on good or bad news. Especially deaths.
Short from Ftse 6900 and happy to hold that and
see what happens friday, monday and tuesday.I expect fireworks and would prefer big down
but we don’t always get what we want.Never give up, never surrender.
EcB don’t like giving numbers in their plans.
They know that others have computer models and a
number which is too small would be laughed at,
a large number would cause shock.So thats why we get bullshit like ‘we will do all
that is required’.I wonder if all parties are really signed up to
whats required and the EcB are only holding a
busted flush, soon to be market tested.Never give up, never surrender.
SYSTEMS ESG / SPXG bullish combo print a +7/+10 yet again. Yesterday it failed once it hit this. Today, only God knows
Well God must have known. It failed the upside SU once it hit +10 and a bit. Good
Plan your trade, trade your plan!
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
We gap filled albeit a total scenic mustad but we have ESG/SPXG bullish combo to blame for that.
Now as per post, bears do not want it to support here.
Crookshour cometh
Plan your trade, trade your plan!
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
Closed my Euro Short from around 136…pretty sure I posted it here. (remember dan telling me to be careful) I must have sold it to you Baaa.
Still Short on FTSE, But out by quite a margin.
Baaa when position short what sort of points tally do u look for?? around 50 points?
NFP plus a bucket load of other US data at 13:30
Plenty of potential this weekend for news which
could bring hope or fear.I would prefer a decent drop now but think we
may have to wait for next week.Ftse short is all I have and will not want to
do anything until we see the next big move.Never give up, never surrender.
Some say the Dax has risen on Ukraine ceasefire talk
but good news as this is, both sides will soon be
fighting again, as niether will given in, imho.Never give up, never surrender.
Yeh cimac,
The song remains the same as Led Zep would say…. Ceasefire my ars@.
read a report that Putin is now in a nuclear bunker in Siberia and has put his nuclear bods on the highest state of alert. Nice…. 🙁 I’d like to make some money shorting but not if I get vapourised. As it stands I am in Brazil, so pretty safe here I think….
I wonder what really went on at the NATO meeting… Those crooks are up to no good….. Crooks is too kind. I think they are psychopaths….
Hi Dan
Plenty to worry about in the world this weekend.
EcB in a last throw of the same dice used by US and Japan
and by others in smaller ways. Madness is to keep doing
the same thing but expecting a different outcome.I would be very surprised if we can get through nextweek
without somekind of sharp drop.Never give up, never surrender.
My view of the Ftse big picture is that this five year
rally is a ‘B’ wave, a ‘C’ wave decline to test the
start of the rally is coming.Lastweek we touched 6900 and logic says we could
continue to 7000-7200 or drop to 6000 and then
rally to 7000-7200 or just drop and drop.So we are at a critical juncture, imho.
Never give up, never surrender.
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