FTSE 100 Intraday trading - August 2003

[hungrybear]

Short at 4213.5 Sept Fut.

 

[barjon]

the air's looking a bit thin up here, but bulls still inching ahead
towards 218 breakout despite some heavy selling volume coming
in. AVZ (a good signal imo) is not faltering either. If the assault
on 218 fails we might see a fast reversal so my finger's
beginning to hover over the short button.

still a broad based rise tho' with all ftse 14 still winners

good trading

jon

 

[bonsai]

here is my pic of ft250

 

[bonsai]

at this point it looks like 5=1 so anything could happen now.
its run its course and must have fresh impetus to go higher.

 

[2468steve]

seems to be holding up well tho' as US futures come off

 

[barjon]

a good battle.

bulls seem dug in around 210 with bears still defending 220
strongly. both sides looking to usa for re-enforcements
at the minute.

 

[mully]

Suspence is nearly killing me!!

Too late to go long unless clear break above 4220 and yet no obvious break to confirm the maintenance of the top of the June -August trading range.
What must be galling is that the "big boys" are on holiday on their boats in the Med or where ever leaving the No 2s in charge.I wonder what there game plan is?

 

[2468steve]

surprising strength.Bulls seem confident 85 will hold

 

[barjon]

wonder if it's that infamous DOW 10am reversal kicking in a
touch early. If it is you might yet see 220 go mully.

 

[bonsai]

how about you all ?
I'll be off for a few days now the breeze seems to have returned.

 

[mully]

I presume that is a reference to sailing rather than a bullish call on the market?

Have fun and get a good suntan

 

[barjon]

bonsai

you seem to find ftse plain sailing so the other should be
easy (unless you need the breeze for fishing)

relax and enjoy

jon

 

[bonsai]

can feel it in my face already.
now everybody sing on 3 ,1-2-3,

I am sailing, I am sailing home again 'cross the sea.
I am sailing stormy waters, to be near you, to be free.

I am flying, I am flying like a bird 'cross the sea.
I am flying passing high clouds, to be near you, to be free.

 

[barjon]

bonsai

posts crossed - it's not fishing then!!!

still relax and enjoy (I won't join in the singing 'cos it'll
ruin the moment!)

jon

 

[bonsai]

lol
no not fishing. season is pretty dead now until september.

btw, isnt there a set of trout pools somewhere near you.
is it Goring or maybe Pangbourne ?

seem to remember they had a vineyard as well.

 

[barjon]

maybe - I know of one at Binfield but I'm not into fishing.

golf and bird watching are my other games.

jon

 

[barjon]

wot happened! my attention wandered and the bulls have
charged - now to hold it.

jon

 

[2468steve]

whoosh....serious breakout going on.

 

[bonsai]

fib at 4280

looks a lot like an extension after flat correction.

 

[2468steve]

so long since we've been around here anyone know where resistance is?