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Traders Thread - Friday 3rd February (TRAD)     

Greystone - 02 Feb 2006 21:52

Greystone - 02 Feb 2006 21:52 - 2 of 19

Hello traders!

A stormy session in the US tonight saw the Dow Jones Industrial Average down 101.97 points at 10,851.98. The Nasdaq Composite fell 28.99 points at 2,281.57 while the S&P500 was off 11.62 points to 1,270.84.

See you in the morning with the latest....

G.

Greystone - 03 Feb 2006 06:31 - 3 of 19

Good morning traders!

In Asia today, the Nikkei closed down 50.91 points at 16,659.64, while the Hang Seng ended the morning down 233.06 points at 15,458.63.

New York's main oil contract, light sweet crude for March delivery, rose 4 cents to $64.72 a barrel from its close of $64.68 in the US last night.

Early broker notes:

CENTRICA DOWNGRADED TO 'HOLD' FROM 'BUY' AT ING FM
ROYAL DUTCH SHELL CUT TO 'EQUAL-WEIGHT' FROM 'OVERWEIGHT' BY MORGAN STANLEY
AEGIS INITIATED 'BUY' AT MERRILL LYNCH; PRICE TARGET 143P

Happy Friday!

G.

Digger - 03 Feb 2006 06:59 - 4 of 19

Aus close

Digger - 03 Feb 2006 07:13 - 5 of 19

Outlook

Digger - 03 Feb 2006 07:36 - 6 of 19

Share guide

little woman - 03 Feb 2006 08:26 - 7 of 19

Good Morning all,

Long DAX & UKX this morning

Druid2 - 03 Feb 2006 08:39 - 8 of 19

Morning all.

Mega Bucks - 03 Feb 2006 08:39 - 9 of 19

morning all,lw glad your enjoying yourself :-)

little woman - 03 Feb 2006 08:45 - 10 of 19

Thanks MB

- I think its because I'm risking such a small amount and I'm not under any pressure to make enough to live on!

So hows your trading coming along?

Are you short or long this morning?

Stan - 03 Feb 2006 08:46 - 11 of 19

Morning All.

Mega Bucks - 03 Feb 2006 09:02 - 12 of 19

lw,long UKX SMI S&P DOW short CABLE,the main thing is you are enjoying your self and it is fun !!! All my trading these days are done by cmc s/b i dont touch cmc cfd any more and BetonMarkets mainly the latter one these days it suits my style of trading.

Still use the knowledge that the late great Croc taught us 2 years back !!!

Mega...

little woman - 03 Feb 2006 09:16 - 13 of 19

Yes, Crocs advice was very sound and extremely helpful.

bigbobjoylove - 03 Feb 2006 11:07 - 14 of 19

who uses dma?

little woman - 03 Feb 2006 11:28 - 15 of 19

sorry, not me bigbobjoylove ;-)

Wish I still traded PSN & BDEV, but I need to keep it simple.....

Mega Bucks - 03 Feb 2006 11:30 - 16 of 19

bigbob,have taken a look at dma via gni and etrade the best out of the 2 looks like etrade,the only advantage that i can see for my use would be when stocks go xdivi on a tuesday night and you can exit the trade before the open of the the market on the wednesday morning in the auction 7-50---8-00 so to gain the divi if that makes sense :-) and there are other advantages that people use also it all depends on your trading style.

If you require some other info,i aint the best person to ask but understand the basics from when i looked at it about 2 years back,maybe able to help.

Mega...

little woman - 03 Feb 2006 14:02 - 17 of 19

Not having as fun today!

Index's moving sideways too much, just when it starts to get interesting, it changes direction - not enough either way

Greystone - 03 Feb 2006 16:53 - 18 of 19

End-of-day Market Summary

Greystone - 03 Feb 2006 16:53 - 19 of 19

Happy weekend traders everywhere! :-)
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