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Hi,
Got 2 longs open and will be happy to close them off at around 9750 and be positive.
I closed the shorts off with good earnings and will sleep soundly tonight.
The nightmare will start sunday late night when the Jap market awakens and hopefully monday the ftse does not take a southbound and take the dow down with it.
then again it may open upwards and hey presto alls solved

good weekend to all

rgds
zarif

just a quick note...

Morning all...hope everyone had a good weekend...

time for bed now..!

jules99

Goodmorning everybody!!

Jules you were up very early today.
What do you reckon the dow is going to unleash on us today?
My thoughts are that it is going to take a hike upwards and if succesively past 9725-9730 onwards a steep rise. That will do nicely as my 2 longs are already in credit - but am going to wait (greed factor) and also with the nightmare that it gave us on friday i want to fleece it.

Some useless Philosophy while counting down to open:

"Remember guys weigh the situation than move."
A Disciple of Confucius once asked him who would he take to War with him.Confucius answered that he would not want someone who did not care whether he lived or died.He would take someone who approached difficulties with appropriate caution and who preffered to succed by strategy.

I think we must use the same strategy in our trading

rgds to all
zarif

Ahhhh!

Help! Anyone out there a previous Nothing Ventured user? They've sold out to Fastrade and we've all been moved over to that site.

What a mess - this Fastrade site is crap. I'm so pissed off I can hardly type this message. NV was such a brilliant trading tool and now we've got this. What the hell are they playing at. Couldn't those numbskulls at Charles Stanley see that the NV site was much superior to there own and use that instead and just stick their Fastrade badge onto it.

Any ex-NV users please let me know what your thoughts are today.

I have started a new thread to discuss the NV/Fastrade issue.

Please post your comments there as I intend to email them all to Fastrade to let them know how dissatisfied we are. This is the link:

http://www.moneyam.com/InvestorsRoom/ShowPostList?fID=1&tID=1430


or search under the epic code of NV.

The title of the thread is Nothing Ventured vs Fastrade.

Many thanks.

Guy

The countdown has begun and 19 minutes to go from the start line.

Goodlkuck and happy hunting.

Watch out for the darkclouds dont get caught up in a storm find safe port before setting out
rgds
zarif

zarif,

good call at open - i see it's up. did you based this on the pre-open/weekend news, or just had your fingers crossed with the 2xlngs that were left open. do you find PLAYBOYS summary with its support and resistance lines useful - i feel almost overloaded with 'information' which makes it hard to see the wood for the trees.....

STILL NOT trading the indices and as such am in ISYS (again) and BA. (again).

who are you using for LEVEL II ? i have been trying to find my way round the IG site - am i missing something, looks v.v.v. undynamic (??). i thought it would be a v.good trading flatform?? i know you're with them....any tips/hints as to best use of site.

thanks in advance.

t.

afternoon my ole freinds...

Closed off ftse, was short from 4368 this am...at 4350...

Good calls so far, closed off longs at 9751...phew...nothing lost...

Opened shorts at 9752 and again 9724 for today ...looking to see it go down today...under 9700-9650

Worse scenario is I can close both out at 9740 even stevens...SO wishing it stays under 9740.


Thoughts Zarif and co?
jules99...

Seems to be hangig around again..sideway kicks...9720's..

terod: To answer briefly a combination of all and mainly by looking at what the market is telling u to do.

Just before closed the 1 long off and had one short on before the market opened as a hedge and closed that off in profit aswell.
Now am just watching the market and looking for opps.

rgds
zarif

Terod - helps to be able to trade both ways...

Zarif did u close off longs at 9750?

Jules:
Yes i did.
I took out another long opening at 9702 and is in credit at moment.

rgds
zarif

Sounds good well done ...doing well I'd say top figure today is 9760...perhaps I should have closed my new shorts earlier...Im not proactive enough...Where do u think it may finish today..?

Trin @ 1.12, are we going to see a fall?

Maybe not, Trin falling to 1.08.
Afternoon y'all.

Zarif got a feeling you've closed ur longs and gone short...could turn out to be a good day Zarif.

If Dow drops back later to 9700 or tests water under 9690 may leave shorts open for tomorrow...Im thankful to DOW giving me 2 opportunities this afternoon to close-off fridays longs at 9750...Thanks DOW...!

Jules99.

Jules i have got one long and one short open at present.
Re:Snoball
Before the market opened the trin was around 1.83 or 1.93 if memory serves right.
It seems stagnant and bobbing around 9719 +/- 10. dec dow
I think u r right the market might end up giving us a good day.
Will look at shorting /longs as the opps arise

rgds
zarif

Short Nov future @ 9742.

Snowball im also short from 9751...the last hour is always decisve move for the DOW...tmorrow I see the ftse up am and some of the techies also...dont hold any...

Shorted Hilton AND TOMKINS...today. Tech stocks I just want to watch at the moment, some rising on little volume...retail investors buying on downside, but they could easily go down 5/10 % if US market turns...

Since starting CFD's only seen a rising market so far...I hope the South spirral begins soon... lots to learn...but it must be a pleasure to see DOW dive 150 points and not cringe...

nite all..!
Jules99.

I'm hoping the Nov future hits 9700 tomorrow, Jules.
I've noticed that when these retracements happen there is a strong
down day like Friday, followed by a bounce like today and then, often
there is another down day of at least 50 points.
But, of course, it doesn't happen every time.
If it doesn't break below 9700 tomorrow I expect it to reverse again.
But what do I know.

snoball,
hopefully right call, there must have been some new highs from todays rise...but profiteering has to take place big soon...the dow rise has been meteoric, 500-600 points in 2 weeks or about that...has to fall back big short term..

Just feel it's too soon for it to hit the 10000 mark...running away without foundation...