SuddenDeath
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The Dow has been pumped - prepare to be dumped.
dow will not normally surrender 187pt gain.
dow will not normally surrender 187pt gain.
SuddenDeath
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ig 300cal went from 20 to 82, would be nice if financed by selling the 200put for 8
but 20 was too rich
barjon
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The Dow has been pumped - prepare to be dumped.
just turned 3pm so now'd be a good time - ftse doesn't believe it yet though
SuddenDeath
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dax takes out its overnight sb high 8863
P
postman
Waiting for 5pm when the senate announces deal.
SuddenDeath
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to sell it?
P
postman
Yes - sell the news. We've been going up since last Wednesday on the rumor.
P
postman
SD - do you think the ftse's looking for a 6600 close?
SuddenDeath
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SD - do you think the ftse's looking for a 6600 close?
nope,
if u wanted to trade ftse. ftse does not keep up with dow strenght, think peeps switch to trading dow when dow cash is open, since 1pt spread on dow is better than 1pt spread on ftse
P
postman
DAX30DayTrader
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5pm may be too late
DJIA still has room to move on the upside me thinks, that elastic band isn't stretched enough in my opinion, If someone reacts badly because their pride is hurt it only figures, retail will be attempting to fade at every opportunity after many failed attempts now.
DAX30DayTrader
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You could be looking at 15500 tonight fellas.
SuddenDeath
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5pm may be too late
slightly wonkish
In this post, I’ll talk about two examples of how people tend to misinterpret market reaction to macro news.
You see lots of commentary to the effect that the stock market doesn’t care very much about the budget fiasco and/or that these budget fights only have a temporary impact on stock prices. If so, why wouldn’t investors buy stocks during a budget fight and sell them once the dispute is resolved?
At first glance, it seems like this strategy would work. And it often would work. But Eugene Fama and the EMH tell us that it’s too good to be true. Let’s take the 2% stock market rally last Friday on growing optimism of the budget deal. What does that stock market rally tell us? We can’t be sure, but the most likely explanation would go long following lines:
http://www.themoneyillusion.com/?p=24168
TrendLines
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Totally agree, when the vote goes through I'm sure the SP500 will break past previous highs of 1733 and of course the DOW will shoot straight up with it.
superstunner
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Europe markets seems to be lagging behind US
DAX30DayTrader
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Mate you know what yanks are like (are you one?). They always have to do everything BIGGER and BETTER.
They can't do cheese burgers, its got to be triple burgers and triple cheese.
DAX30DayTrader
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No offense to my American friends... I mean no disrespect to you. :whistling
DAX30DayTrader
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Americans are Gun-Ho baby!
Europeans are more conservative!
So American market fly on the rumors, European markets stay cool and wait for facts.
Just a thought...probably completely and utterly wrong!
DAX30DayTrader
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TAXI for DAX30DayTrader please.
barjon
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well, it had its ups and downs hour by hour but ftse traded virtually flat compared to dow by the close.
