US Indices Intra-day Trading for August 2003

[dsmodi]

BigB

You wont beleive this but that plastic bag thingy is precisely what I've been doing till now!!!! How the h*ll did u know? However, I always use 2 plastic sheets - 1 has path the path upside down in case I want to look at it that way - never thought about flipping it, but thanks for the idea

But I have 2 more questions if that's OK;

1) What is an OHP film?
2) Is there a technical term for this overlaying stuff so that I can look for it in the Help section of the programs I have. Unless of course it is technically called "overlay"

Cheers

 

[bottomdollar]

OHP = OverHead Projector

Basically a transparent perspex sheet

 

[SUNSEEKER]

please be aware the possibility of another inversion today....

I have one interpretation which is bullish today.....

 

[Bigbusiness]

dsmodi,

I don't know the technical term for the overlay.

 

[rglenn]

OHP stands for O utstandingly H igh P rofits

Well done BigBusiness!!

 

[oatman]

Choppy little b*gger - could spoil a few weekends

 

[genti]

Good day Tom.

im actually looking for 83 in S&P at least.

what do you reckon please?

 

[oatman]

Looks like I'm right about that.....it's gonna spoil my weekend at the moment Oh, hang on, we might get some back :cheesy:

 

[oatman]

When things are bad......here's a lesson
Always have a stop in.
I went to move the fan, pulled the master plug by mistake and shut everything down. When I got back in there was a donk for my fill (sell stop) at 9155(YM), 9145 trading at the time and straight down to 9130.
Oh well, could have been worse.

 

[JER08]

oatman - Did you have slippage on your stop sell order?

When i was trading the YM, sometimes i got up to 5 points slippage on stop orders in fast moving market.

 

[oatman]

I actually got my price on that but most others I've lost 2 points today. Adds up. I've had enough for now, might have a look later.

good luck

 

[Bigbusiness]

Looks a bit like the right shoulder of a H&S. I have a 50p a point short on the S&P. Max loss £1. I don't like Mondays and Fridays so have reduced my stake a little.

 

[JER08]

Bigbusiness - 50p/point u really r doing some BIG business.

Anyway I think today could be a narrow range day, more suited to sell-at-rally,buy-at-dip.

The real action could be on Monday.

 

[2468steve]

Have to hand it to DOW and SP.Holding up well considering Nas gettin creamed again.Can it last??? Small short 975,stop other side of 977

 

[genti]

sorry you lost the 77 there.

 

[Bigbusiness]

I was looking at the Dow chart for the H&S. The S&P looks quite different. Still, it's just taken out my stop. They never work when I try to get the right shoulder.

Think I will call it a day as it is too nice outside to be doing this.

Have a good weekend everyone.

 

[JER08]

Will not even think about short unless 972 is hit.

 

[2468steve]

genti,
still in.Bit nervous about this tho'.Hope Nas doesn't decide to have rally.Been down most days this week.Due some buying

 

[genti]

actually im long on S&P from 63 wanted to get 83 but is not going anywere, tho' looks good in p/f chart.

 

[2468steve]

Nice call.Between us we'll get a winner!!