can we start the ball rolling on sb firms and cfd firms giving them marks out of 10. spreads etc. also min size openings etc.
this was not my idea the suggestion was from jules and i think we should give it a try.

where is everybody today?

Hopefully it is going to be a LONG LONG DAY tomorrow
rgds
zarif

Dow on a downer again after kodak news.
Are we on Shorts again today????

rgds
zarif

Snoball, megabucks, jules99 and everyone look at this:

Buy Kleeneze at 150p or below.

Current mid price: 136p
bid/offer: 132/140
stop loss: 120
Limit buy: 150
Sector:retail
Target : 190
market cap: 64million
Epic Code: KLZ

What do you think?

rgds
zarif

lucky break yesterday as i had closed all the longs and was just about to do some more when it took a nose dive and i chased it with shorts and closed them outaswell.Today am just looking at the screen and waiting.

By the way guys what no of points do you put your stop losses at and if you dont mind what /pts do you go for etc

rgds
zarif

Dow Jones - Key levels & Trends 26 September 2003


Support breached

The Dow Jones had been up before it moved sharply lower at the close ending the session down 82 points at 9,344 and just a fraction above the long term Fibonacci support at 9,336.
Most importantly the index moved down through the support line and should the Fibonacci just below give way we're most likely heading for 9,000.

Resistance is 9,467 (the lower old support line) and then the upper resistance at 9,671.

The dow took a good dive last week and the footsie being around 4150-4175,What are your feelings for monday and the week. I think that it is going to ( the dow) fall to around 9100-9160 if the footsie doesniot recover.

Btw Fibronacci,ellion,gann -forget them as u say they are alright after the event best to follow the price and trust your instinct at times and u can see alot more happening in front of your eyes and react much faster than looking at charts all the time.

best rgds
zarif

Hello all:
Its Monday again and waiting for the Wall st to open in an hour (1400gmt).What do u think we have in store today. I think it will be volatile to say the least and if we look at the prices both long and shorts (hold them briefly )WAtch the PRICES -its possible to make money. Also because it being the end qtr today -likely to have an upward shift.

Let me know _ ps I have taken some anaesthetic in that it does not hit me that hard

rgds zarif

Brief summary from my travels:

Dow lost 30.88 points to close at 9,313.08. Dow's 14-Day Relative strength Index (RSI) is:41.72 and trending down. Dow is trading below 13-Day (9493), below 50-Day (9357), above 200-Day (8690) Moving Averages. Dow is trading with negative momentum. Dow's resistance levels are: 9429, 9550, 9699. Dow's support levels are: 9196, 9079, 8976.

Type High Low
52-Week 9,686.08 7,416.64
60-Day 9,686.08 8,997.11
21-Day 9,686.08 9,303.82

rgds
zarif

Ps: try a website gives 2 weeks free trial_ no credit cards needed.
www.sixer.com
let me know what u think of it

HEllo everyone:
The dow managed to scalp both on the longs and shorts yesterday(29/9/2003).So what are we going to do today. I think it is going to head south. On my browing i found the www.sixer.com site quoting a high %ctage of bulls on the dow for today.What are your opinions???

rgds to all
zarif.

Ps: jules99 - welldone on the dow yesterday, I was pretty certain you would get past the 9350 mark.

Levels to watch for in Tuesdays trading:


Dow Jones Industrial Average (INDU) support at 9200; resistance at 9758


S&P 500 (SPX) support at 995; resistance at 1050


Nasdaq Composite (COMP) support at 1780; resistance at 1950

Jules: Megabucks: Snoball:
I hope u are all shorting like mad and not in the longs at present. What a nosedive. I had 2 shorts and collected 114pts at 15/pt and 80pts at 12/pt. Now I am just looking at the screen and anaestehetised myself with my best freinds Chivas And Haigh.
Good luck
rgds
zrif

jules:
I have gone long at 9195 Dec Dow at 15/pt and it is at 9246 as i write at gmt 16.42 (14.00 eastern time usa 2pm) and i think it is going to have a lot more upside and am waiting.

Jules Are you Trading the Daily Dow WHich Expires at end of day trade (9pm), which can be costly at times when the market is uncertain.
You can trade the following month eg#: october november or december and hence giving more time for the trade to mature in case it doesnot happen on the day you can carry on.

let me know and happy hunting
rgds
zarif

Hi everybody,
Just closed the long from yesterday and taken out some shorts. I think shall fulfill both before the day is out as we had quite a down slide yesterday. Also this is the end of the 3rd qtr and beginning of the 4th qtr so be careful with your trades and watch the stoplosses etc. Generally if Sept was a good month then Oct seems to be a downer especialy in the opening weeks. So my personal scheme is Shorts will be the main operatives.
rgds
to all

well done jules I am sure u shall be giving us advise soon.
Ps the link on the live chart by megabucks is the best that i have come across so far.

rgds
zarif

Just shorted again at 9380 10$ a point...

What goes up must come down theory at play...lol

Hopefully not a DOW ...OOW..!

but WOW...!

Jules99...

what are thoughts...?

I Just closed a Long at 9360 - a 100pt gain at 15/pt. I have tagen a short from 9363 and now going to wait. I usually find that in the frequency of trades make more money in shorting than on longs. You are quite right what goes up must come down - unless it flies and sometimes the market does give us a kick in our egos.

best of luck in trading.
rgds
zarif

Watch out for the men in black!!!
rgds
zarif

CMC driving me nuts...errors by the hour today...what does one do???

only been with them 3 days...

not funny...

jules99.

Jules : CMC is not the same group of companies as Deal4free?? as there has been a tirade of anger against them as u can see below
rgds
zarif

tobin37 - 01 Oct'03 - 13:08


Anyone else using Deal 4 Free? Positions from yesterday seem to have dissapeared from their database. Been like that for 24 hours now. I keep getting fobbed off with various excuses.



LINZIMASON - 01 Oct'03 - 15:07 - 1 of 3


I was considering using them but decided against and gone to Share Crazy instead so I know just where I am. Sorry can't help.


zarif - 01 Oct'03 - 16:37 - 2 of 3 edit



While I came across this Whicjh I thought was quite witty and to the point regarding Deal4free.

Deal4free
Or perhaps more correctly DealMaybe?
Granted they have amongst the best prices and software but when it gets busy their platform goes down as much as Monica Lewinsky which when added to the fact that they do not have enough people to answer the phones makes it frustrating to be a customer. Anyway get voting and no doubt there will be a scramble as a number of institutions get their staff to sign up.

rgds
zarif


brianl - 01 Oct'03 - 16:56 - 3 of 3


d43 i wish it was i paid for yester days c**kup today kept waiting for dealer to respond

I'm trying them, I'll give them a month and take it from there, I am very detailed when I execute a trade as I write all items...time/dealer ref/which tel I used and so forth to ensure I have my facts...can't trust no one in this game...may even recoed my conversations...I trade by tele...that way I have control..

dow dropped to 9405...short kicked in at top..next short kicks in at 9382...waiting...in anticipation...

Jules99