Anyone scalping the FTSE Futures??

[postman]

Considering the Dow closed at 545 we haven't been down there yet. Somethings keeping it up.

 

[postman]

To say that this morning's Chicago PMI report for October was good would be an understatement. While economists were forecasting the headline reading to come in at 55.0, the actual reading was more than 10 points higher at 65.9. October's increase (+10.2) represented the third largest one-month increase in the history of the report (since 1967), and the largest monthly increase in more than thirty years (July 1983). Relative to expectations, this morning's report was the strongest since March 2007.

Taper on then.
Dow to tank.

 

[postman]

Dax about to go ballistic.

 

[Maddog79er]

Dow short opened 590

 

[postman]

Dow short opened 590

I'm thinking closer to 640 to short.

 

[SuddenDeath]

15,673 is target for anyone who is bullish dow (15,605)

571 was bull trigger for today.

 

[postman]

I'm thinking closer to 640 to short.

Nearly there.

 

[postman]

Dow short opened 590

Ouch. Did you have a stop on that ?

 

[Maddog79er]

Ouch. Did you have a stop on that ?

Yes but it's over 100 points. It will end the day lower

 

[postman]

Yes but it's over 100 points. It will end the day lower

Whats your downside target?

 

[postman]

I've got a sell limit in at 638. Lets see if it gets triggered.

 

[postman]

I've got a sell limit in at 638. Lets see if it gets triggered.

Didnt like that move down - Ive opened half my position at 620.

 

[SuddenDeath]

dax at big level 44

 

[postman]

I've got a sell limit in at 638. Lets see if it gets triggered.

Didnt like that move down - Ive opened half my position at 620.

I'm fully loaded - average position 629.

 

[Maddog79er]

whats your downside target?

520

 

[hereward the wake]

long 15 could be short lived though

Dax

closed long at 43 short at 40

 

[postman]

Dow short opened 590

Yes but it's over 100 points. It will end the day lower

520

You risked 100 points for a 70 point return. Does that work well for you on average?

 

[Maddog79er]

Judging by the last few days, there will be a rather large dip just after open. I am waiting for my Dow short entry price.

Told ya!

 

[SuddenDeath]

yesterdays dow high 652 creating a double top todays high 649

 

[Maddog79er]

You risked 100 points for a 70 point return. Does that work well for you on average?

Yes....