Wt Indu Metals Discussion Threads

[tub of lard] 02/6/2006 21:00

why do you say I do £1 ?

[edwood19] 02/6/2006 20:59

depends - up to £100 a point depending on the risk, action & instrument. haven't gone any higher yet

[tub of lard] 02/6/2006 20:56

1 pence is all I do.


how much do you do?

[edwood19] 02/6/2006 20:54

have you tried moving up from £1 a point Tubs? I find it sometimes makes it a bit more exciting

[spec97] 02/6/2006 20:53

about 3.2% of today's Nikkei prices... that is not worthless imho!

[tub of lard] 02/6/2006 20:49

500 points are worthless at nikkie prices.

[spec97] 02/6/2006 20:47

Just look at the Nikkei's volatility! 500 point range on Friday!

[tub of lard] 02/6/2006 20:44

I still have your original before your edit suite went into action..



ca, the cut, edit, past idiot of ADVFN

[ben nevis] 02/6/2006 20:35

Planning to short next bump joe ? or maybe close a long ?

[easytimes] 02/6/2006 20:09

McHugh's Thursday Market Briefing, June 1st, 2006

This is one of those times when the Elliott Wave labeling suggests we are approaching a top for a correction in a new down-trend, however there was so much buying power generated in Thursday's rally in major equity markets that reliable "buy" signals were generated that normally indicate at least a 2 percent move is coming over several more days. These diverging indicators can be reconciled if the Sub-micro degree wave {c} up of Micro 2 up extends, and takes the Major averages up several more percentage points to a deep retrace of the Micro wave 1 down from early May. In the case of the Dow Industrials, new "buy" signals in our key trend-finder indicators could mean a Fibonacci .786 retrace is coming, to the 11,550ish area, about 300 points above Thursday's close. A .618 retrace would target 11,400ish, about 140 points from Thursday's close, but that seems shallow given we just got new "buy" signals. All this said, the percent of DJIA stocks above their 10 day average rose to 83.33, the level where multi-week significant declines begin. It is possible for this indicator to remain in overbought territory over the next week, while the rally that the "buy" signals suggest should occur, finishes - to be followed by the next significant decline.

Thursday saw a short-covering rally that our Plunge Protection Team Intervention Risk Indicator has been warning would be coming. This indicator not only warned that a short-covering rally would come, but that it would have some follow-through legs. The fact we had so many of our key indicators generate "buy" signals Thursday, suggests the PPT indicator will prove prescient, that we should see some decent upside follow-through from here. However, today's rally did spend quite a bit of short interest (which is the fuel for short-covering rallies), as the PPT indicator fell to + 9.11. What that may mean is that while we should see prices 2 or 3 percent higher from here, we should not get much more than that.

[easytimes] 02/6/2006 20:04

McHugh's Thursday Market Briefing, June 1st, 2006

This is one of those times when the Elliott Wave labeling suggests we are approaching a top for a correction in a new down-trend, however there was so much buying power generated in Thursday's rally in major equity markets that reliable "buy" signals were generated that normally indicate at least a 2 percent move is coming over several more days. These diverging indicators can be reconciled if the Sub-micro degree wave {c} up of Micro 2 up extends, and takes the Major averages up several more percentage points to a deep retrace of the Micro wave 1 down from early May. In the case of the Dow Industrials, new "buy" signals in our key trend-finder indicators could mean a Fibonacci .786 retrace is coming, to the 11,550ish area, about 300 points above Thursday's close. A .618 retrace would target 11,400ish, about 140 points from Thursday's close, but that seems shallow given we just got new "buy" signals. All this said, the percent of DJIA stocks above their 10 day average rose to 83.33, the level where multi-week significant declines begin. It is possible for this indicator to remain in overbought territory over the next week, while the rally that the "buy" signals suggest should occur, finishes - to be followed by the next significant decline.

Thursday saw a short-covering rally that our Plunge Protection Team Intervention Risk Indicator has been warning would be coming. This indicator not only warned that a short-covering rally would come, but that it would have some follow-through legs. The fact we had so many of our key indicators generate "buy" signals Thursday, suggests the PPT indicator will prove prescient, that we should see some decent upside follow-through from here. However, today's rally did spend quite a bit of short interest (which is the fuel for short-covering rallies), as the PPT indicator fell to + 9.11. What that may mean is that while we should see prices 2 or 3 percent higher from here, we should not get much more than that.

[tub of lard] 02/6/2006 20:02

joe moon - 2 Jun'06 - 20:01 - 19491 of 19491 (Filtered)

[joe moon] 02/6/2006 19:42

nope he didnt i saw the post seconds after he posted it it hasnt been edited

[tub of lard] 02/6/2006 19:29

dave37 - 2 Jun'06 - 15:26 - 880 of 896


200pt drop would suit me today........lokks like some kind of H&S in there may be too early though.......

who knows, certainly not me.

dave




dave, that happened from last friday, ask ca how much that hurt him :)))

[tub of lard] 02/6/2006 19:24

ca lost it thats why he aint defending himself

the post you refer to, he edited it, I have the original where hre said go long last frida, BLOKES a 1st class idiot and a piece of dirt.

[amarshak] 02/6/2006 17:43

my pals girlfriend is chinese and he says to her you fancy a 69, she turns round and says i can't be bother cooking tonight.

[jack tile] 02/6/2006 17:28

Closed 216 for a few, its a bit of a grind and dont fancy hanging on or holding for the w/end.

A lucky week and shoulnt push it maybe, but, IF it should give a drop and lower entry, I'd be tempted.