No realtime trading yesterday due to a dodgy internet connection, but managed to get a short on at 10195 when the futs opened and surged ridiculously in the early minutes of Monday morn.......
Then had a bad turn when I heard that the Nikkei had closed at nearly +3% but decided to hang on and placed a 100pnt cover limit on the basis that the US would 'sell the news'......!
Now see that I should have been more optomistic (or is that pessimistic if you're short?!?) - could have cleared 175 points....
Sometimes greed does pay....!(and hindsight is
always a wonderful thing :cheesy: )
edit - I guess that we look for the usual pattern of lower highs/lows to confirm that we might be going into a downtrend, or having sampled the 10100's do we make a swift return there?!? Some US commentators are predicting a year end Dow close at over 10200......