WEDNESDAY 19/02/2014 SYSTEMS & INTRADAY

[Khalsa]

VIX/VXN is up again and TRIN > 1.

Something smells like a trap here and I really want to short more, but do not want to over expose

Plan your trade, trade your plan!

[MAURITIUS]

any divergences?

[Khalsa]

All over the show Dan,

Looks a typical manic and furious bear rally of the recent fall the idea of which is to take out every shorter.

Plan your trade, trade your plan!

[Khalsa]

Well nothing much going on today that is making this tradeable.

My views as per above remain.

I have put limits in to close 1839.50 short at 1834.50 for 5 points (purely for safety).

I am going to go and watch a film shortly with the boys as its half term.

Plan your trade, trade your plan!

[MAURITIUS]

I think your target just hit Kman….or very close!!

[MAURITIUS]

A region of Ukraine has declared independence from Ukraine….. gonna kick off there!

[MAURITIUS]

Take out the earlier low, and bears may have some fun…getting closer…

[smashie212]

Could be any number of reason for fall:

http://www.zerohedge.com/news/2014-02-19/stocks-slide-after-fed-uberdove-williams-pours-water-untaper-hopes

or the IMF report indicating weakness in gobal markets (hint to yellen :  ‘Advanced economies should avoid premature withdrawal of monetary accommodation as fiscal balances continue consolidating’ )

http://www.imf.org/external/np/g20/021914.htm

or the beat of the war drum:

http://www.zerohedge.com/news/2014-02-19/china-training-short-sharp-war-japan-us-navy-warns

[MAURITIUS]

‘uberdove’ lol

[MAURITIUS]

http://www.bloomberg.com/news/2014-02-19/yellen-says-recovery-in-labor-market-far-from-complete.html

Bloomberg cock up.  They name Bernanke as Chairman of The Fed lol

[MAURITIUS]

new lows

[Qman]

Kman go to the cinema more often

[Khalsa]

lol Nigel, or should we chat more often?

Great to see and partly explains why I have been shorting last few days.

Quick sharp 30 point drop from highs means we should see a minimum of 1814.50 on this run.

Plan your trade, trade your plan!

[Author]

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