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Old Aug 18, 2004, 10:47am   #43
Joined Dec 2003
This is a very cunning ploy.
As the dow rises you move your target lower.
I assume there is some logic in there somewhere......what is it ?
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Old Aug 18, 2004, 10:52am   #44
 
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Quote:
Originally Posted by bracke
This is a very cunning ploy.
As the dow rises you move your target lower.
I assume there is some logic in there somewhere......what is it ?
nah, it is because the pattern for the week changed.. the sell target was hit on the monday, but because we stayed up round that level on tuesday, we were anticipating a bit more aggressive action. as it was, the aggressive action was in the wrong direction!!!

FC
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Old Aug 19, 2004, 9:35am   #45
 
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Ugh..

FetteredChinos started this thread oh well, cant win them all.

stopped out after the DOW went ballistic last night..for -100.

looks like we are in a trend week, todays action should confirm.

no further overnight trades this week.

current state of play..

2 trades, 1 win, 1 loss. overall +5


Phil Collins plays drums...



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Old Aug 19, 2004, 9:40am   #46
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Commiserations but at least you are still +5

Does this mean modifications for Genesis, or is it still full steam ahead ?
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Old Aug 23, 2004, 10:24am   #47
 
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week 3

FetteredChinos started this thread So here we are again, a new week..

selling dow at 10,221, buying at at 9,999


could do with a winning week.

lets see...

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Old Aug 25, 2004, 10:59am   #48
 
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still no signal..

FetteredChinos started this thread well tedium is kicking in...

two congested days later, and we havent come close to triggering a trade as yet..

limits still stand as per previous entry. US data today could shift us strongly in one direction..

since the BUY level is closer, i would expect that to be hit today, its only 100 pts away, rather than the 120 pts that the sell level is..

since it is a wednesday, if a trade is triggered today, then we should (and i stress should) trend nicely in our favour today, tmr and then friday, producing a gain of 110 points or so..

not holding my breath though.....

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Old Aug 27, 2004, 9:22am   #49
 
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no trades this week...

FetteredChinos started this thread oh well, no DOW trades this week.

and FTSE short stopped out for -40 yesterday..

FTSE has moved from 4350 to currently 4470 without a sniff of a retrace...

hmm...

see you next week.

FC
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