FTSE 100 Intraday - December

[bonsai]

true, but 50% of them are below average ?
and they dont know what profit is !

 

[oatman]

I just got a spike up to 4400 on futures

 

[bonsai]

sounds like bigboy just entered the market?

 

[bigboy]

you are a good judge, bonsai. punt on the daily..hoping for a move up on ism

 

[bigboy]

i just need some support cos i'm losing confidence

 

[bonsai]

lol

well if you can push it up to 4400, I'll have to call you Mr Bigboy !

seriously,
just reaching a critical point I suspect.

 

[Hooya]

Well my dodgy flag turned out to be just that.....


nothing clear to trade imo..so back to a waiting game

 

[bigboy]

shoulda stuck my money on the dax!

 

[Hooya]

more stablisation

 

[jonnyy40]

Got to make some money -- just been screwed by an unscrupulous builder.He's now doing what I paid him to do and thinks I should be gratefull!

 

[jonnyy40]

Maybe the approaching Dow 10000 will change my luck?

 

[bonsai]

lol
at least I know mully has gone long ?

 

[mully]

But what's your current position?

 

[mully]

Seriously, recent action has been very choppy which is not helpful for trend follwing methodologies a la 1 day/1 hour SMA. So v modest positions being employed until air clears.

 

[bonsai]

I'm still in long

 

[bigboy]

i checked out just b4 ism. small profit. better than nowt.

 

[mully]

Markets appear very nervous/ jumpy about the US markets ability to overcome the heavy resistence around the 1068/70 level on SP500 (which i think equates to 38% retracement of 2000-2003 bear market) Further reason to take smallbets until market conviction rises.

 

[jonnyy40]

What method are you using Bigboy?

 

[bonsai]

I think you know I held off yesterday hoping for a better trade today.
so if it tanks now, suits me fine.

 

[Hooya]

mmmm? am I the only one who thinks the dow has more to go...?
although the FTSE as Mully suggest the FTSE et al look a bit nevrvous...again