zarif
- 09 Sep 2003 06:09
how do you see the dow index going today
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javidshaik
- 02 Feb 2004 17:33
- 1323 of 2279
snoball - i used to use stops on dow but it always caused probs. i got a credit acct and it makes spread betting a whole lot more easier. see if ou can get yourself one. i use ig and going to try out cantor index credit account from next week.
as far as today is concerned, i left a down open (wish i had closed it now) and i have numerous longs at different places.
beginning of the month, everyone injects money so i think i got on the back of that for a while. dont know if it will continue up but still have some longs open. closed 3 longs and have one short (pretty big negative right now) open.
snoball
- 02 Feb 2004 19:44
- 1324 of 2279
javid,
if I had a credit account stops would be even more important! No way.
I'm long again.
snoball
- 03 Feb 2004 19:58
- 1325 of 2279
This thread is sinking into obscurity.
Where are you all?
Still long the Dow.
snoball
- 04 Feb 2004 01:33
- 1326 of 2279
zarif, you have mail.
javidshaik
- 04 Feb 2004 08:19
- 1327 of 2279
morning snoball, i had a busy day yesterday so havent been on much.
fyi, im long the dow still. i got 3 positions open. a short (which i want to close as soon as i can), and 2 longs. investors seem apprehensive at present.
snoball
- 04 Feb 2004 09:12
- 1328 of 2279
hi javid. 10450 seems to be the main support level but will it hold? Futures looking a bit weak. I'm still hanging on to my long - just.
javidshaik
- 04 Feb 2004 10:32
- 1329 of 2279
hey snoball, i am keeping my long open untill i hit a decent profit. company results are nearly all over now and i think we will see the dow rise a bit maybe within the next 5 days. at present, the way the dow and the other us markets are, it is worth having up and down and trade the ranges i think.
where is zarif now a days?
snoball
- 04 Feb 2004 15:19
- 1330 of 2279
Feds have just popped in 3.25 bn until tomorrow. That should help.
javidshaik
- 04 Feb 2004 17:10
- 1331 of 2279
been a bit nervous today. opened a long and closed it hastily. opened a second long and closed that. with i opened a short after that. still have an original long and short open. cant close them until i hit profit.
snoball
- 04 Feb 2004 17:54
- 1332 of 2279
My long keeps coming up just short of break even.
I'm hanging on as, so far, we have a higher low today.
javidshaik
- 04 Feb 2004 17:58
- 1333 of 2279
maybe we will get a rally in the last hour like yesterday!
snoball
- 04 Feb 2004 17:59
- 1334 of 2279
Let's hope so!
javidshaik
- 04 Feb 2004 18:01
- 1335 of 2279
yeh, would be nice. dow has been quite boring of late.
snoball
- 04 Feb 2004 18:18
- 1336 of 2279
Im having a break til 8pm or so.
javidshaik
- 04 Feb 2004 19:17
- 1337 of 2279
why the sudden drop at 7pm? greenspan talking?
snoball
- 04 Feb 2004 20:34
- 1338 of 2279
Don't know but I'm out and staying flat for the moment.
I thought today was a higher low but it isn't.
I'm going to wait and see what happens tomorrow.
javidshaik
- 04 Feb 2004 21:07
- 1339 of 2279
snow was talking so markets dropped.
snoball, what is your opinion of dow for the rest of this month?
snoball
- 04 Feb 2004 23:06
- 1340 of 2279
"snow was talking so markets dropped."
Are you blaming me? :-)
I've absolutely no idea what it's going to do in the next month or tomorrow.
I might go long again above 10530. Not too eager to short yet.
I suppose this is what they call consolidation.
My long term trend indicator is bullish.
snoball
- 05 Feb 2004 20:24
- 1341 of 2279
It would seem the best plan at the moment is sell at 10520 and buy at 10460.
You'd have done quite well over the last few days doing that.
javidshaik
- 05 Feb 2004 20:50
- 1342 of 2279
i have been out most of the day and it seems like a missed out on some good range trading!
sods law isnt it.
well, hope tomorrow brings another good day for trading.
how did you do today snoball?
im off to bed so speak to you tomorrow.