Anyone scalping the FTSE Futures??

One of their special announcements to come over the weekend??
They love that one, just to stop a few bears out.
The illuminati strike!!
 
Not too fussed about it. It will be bought up in size as funds cant afford not to buy it then will come the sell off. After that who knows, it could be the new Google or it could crash and burn.
 
moscheeno said:
Not too fussed about it. It will be bought up in size as funds cant afford not to buy it then will come the sell off. After that who knows, it could be the new Google or it could crash and burn.
Click to expand...

with facebook don't these things rally until the lockup(if there is one) period ends for insiders then tanks?
 
VIX if it can make a lower low on daily chart (thur vix low 21.87) will go some way to convince the decline is over

nice inverse head shoulders on vix chart neckline is 3 months long.
 
Last edited:
Facebook has an usually short lock-up period with the free float now expected to increase by 55% after just 91 days (equates to $10 bn worth of stock at high-end of current IPO range), with the free float more than doubling before the traditional 180 lock-up period expires
 
Highlights based on trading on Thursday, May 17, 2012:

The Dow Theory signaled a Primary Tide Bear Market on 5/17/12 when both Industrials and Transports closed below their closing price lows of the previous 4 months.

Both stocks and commodities are demonstrating trend weakness, while U.S. Treasury Notes and Bonds demonstrate trend strength. Investors are choosing safety over risk.

The S&P 500 (SPX: 1,304.86) fell 19.94 points or 1.51 % on Thursday to its lowest closing price in 4 months, since 1/17/12. SPX has now lost 8.05% over 45 days from its high of 1,419.04 on 4/2/12, based on closing prices.

Commentary :: New Signal: Dow Theory Primary Tide Bear Market - TraderPlanet
 
samirs said:
Facebook has an usually short lock-up period with the free float now expected to increase by 55% after just 91 days (equates to $10 bn worth of stock at high-end of current IPO range), with the free float more than doubling before the traditional 180 lock-up period expires
Click to expand...

lock up periods must be worded tightly, since you could get someone you trust to short it.
 
Last week FB updated its IPO filing to alter the lock-up expirations on some of its shares. The net effect was to free up a higher number of shares three months from the date of the IPO, while lessening the amount that will emerge from the lock-up at the six month window.
 
interesting fib projection from 2011....s&p chart
 

Attachments

  • yfibo.gif
    yfibo.gif
    42.6 KB · Views: 118
  • ym fibo.gif
    ym fibo.gif
    56.5 KB · Views: 135
You must log in or register to reply here.

Similar threads

O
Scalping
Replies
7
Views
4K
roberk
R
O
Futures scalping
Replies
10
Views
4K
neil
neil
D
Pivot Point Scalping on the ES
Replies
7
Views
7K
dancorcal
D
S
Scalping the Dow
2 3 4
Replies
67
Views
19K
Dave1971
D
O
Futures micro trading (scalping)
Replies
1
Views
3K
SuperDriveGuy
S
Top