Message For Ftse Traders......

[Dentalfloss]

wallstreet..dont forget that pension funds etc are getting lots of money in every day.thy need a home for this money.they obviously think the market is cheap.possibly is if you are looking at the longer term

 

[wallstreet1928]

guess which sector is up today......................RETAIL!!!

anyway fellow comrades ....my target met on FTSE!!!

 

[wallstreet1928]

out 4620.............15 ticks profit"!

mmmm, shall i go short now for quick 10 points!!!

 

[minime69]

O well, out for 10 tick profit................and flat

 

[Splitlink]

Trying another short here. 0954 .....4617.5

 

[wallstreet1928]

ok im gonna try this with super tight stop loss

short at 4620 , stop loss 4630!!

target 4610 - 4600 ...............il use 15 ticks profit i have made , worth the risk...win win situation, il still be up 5 ticks ?

risky move, but worth a punt

 

[wallstreet1928]

o im out people.................target hit!!

 

[wallstreet1928]

wallstreet..dont forget that pension funds etc are getting lots of money in every day.thy need a home for this money.they obviously think the market is cheap.possibly is if you are looking at the longer term

very pertinent point...........

 

[wallstreet1928]

long again 4602 ...stop loss 4590...target 4610-4615

 

[minime69]

long futures @ 4581.5

 

[Splitlink]

Closed for +10.

I'm trying to stay in for longer but seem forced to grab what I can.

 

[wallstreet1928]

ok people target met closed at 4614................ 12 ticks profit!!

good fun today playing the FTSE like a yoyo

 

[minime69]

bought again @ 4586.5

 

[echrysostomou]

wallstreet..dont forget that pension funds etc are getting lots of money in every day.thy need a home for this money.they obviously think the market is cheap.possibly is if you are looking at the longer term

Also i think pension funds need keep a certain percentage invested in equities.

 

[Splitlink]

2 trades done with -8 net

3rd short 1024 - 4614.5

 

[minime69]

stopped out and reversed @ 4579.5

dont like this market

 

[Dentalfloss]

agreed
not a good trading market.it had to be,as we have just had some big moves.no real news stimulus either
wallstreet..you will have time to get on with youre other job
what is it.?

 

[Dentalfloss]

dow futures also broke upwards this morning.thi should explai ftse move up

 

[minime69]

out @ 4585 and flat.......

am going to go slam my nuts in draw for a while

 

[Dentalfloss]

long at 4621 ..that is the only signal i have had today.