Ouch. I'm really tempted to put an order in for 6000 but it seems like such an obvious trap?
If I was a pro with deep enough pockets I would just keep bumping the price up and selling the contracts back to the people who sold at 6000. So naturally that begs the question, is that what they will do and do you try and tag along?
Please don't let me influence your trade I was just creating some discussion
This was kind of my point, anyone watching the markets at the moment has got to be sat there thinking "it can't keep going up" while the pros just clean them all up.
This was kind of my point, anyone watching the markets at the moment has got to be sat there thinking "it can't keep going up" while the pros just clean them all up.
I'm not so sure. Ive learnt some time ago, that when its going up its right at the time that everyone thinks its coming down. I'm long FTSE and will be until the trend changes..right now that could be today, or a month from now. I'm no pro, but boy am I enjoying this ride :clap:
Ok, I've got to edit this..head and shoulders on the S&P..this is where the slide begins me thinks..how things change so quicky..gotta love the markets