International Index Trading

[Trembling Hand]

didn't have the courage to hold over lunch. Not in this market. Will wait for a countertrend move and look to get back in

Really that closing over lunch is such a weird thing. Makes it very hard to play.

 

[professor_frink]

Really that closing over lunch is such a weird thing. Makes it very hard to play.

It can be. It's also good sometimes- put a couple of trades on in the morning session, then go off and spend a couple of hours lounging around relaxing knowing that you aren't missing anything

 

[professor_frink]

didn't have the courage to hold over lunch. Not in this market. Will wait for a countertrend move and look to get back in

At least the market rallied hard enough that I only got caught trying to short it once

I certainly wasn't expecting this!

 

[CanOz]

Afternoon folks! Have i missed anything?

Been too busy to hardly look at the action...Prof you must have made a killing today on the HS!!!

Cheers,

 

[professor_frink]

Afternoon folks! Have i missed anything?

Been too busy to hardly look at the action...Prof you must have made a killing today on the HS!!!

Cheers,

canuck, I can assure you that if I had of seen a 1000 point rally coming in under an hour, I'd have backed the truck up and would now be making plans for a ferrari

Unfortunately I didn't, recovered my loss on the stopped out short and picked up a couple of bucks beer money for the weekend and ran away thinking I was mighty clever.

Came back a little while later and found the market 400 points higher.Yep, heaps clever frinky

someone send me a photo of a ferrari to torment me like this little girl below

 

[CanOz]

canuck, I can assure you that if I had of seen a 1000 point rally coming in under an hour, I'd have backed the truck up and would now be making plans for a ferrari

Unfortunately I didn't, recovered my loss on the stopped out short and picked up a couple of bucks beer money for the weekend and ran away thinking I was mighty clever.

Came back a little while later and found the market 400 points higher.Yep, heaps clever frinky

someone send me a photo of a ferrari to torment me like this little girl below

LOL! Well they say there will always be more opportunities...maybe tonite?

Cheers and happy scalping!

 

[wayneL]

YIKES!

US Futures just spiked.... Muppet Index spiked 300 pts in a minute... holding about 160 of those now. WTF? News?

 

[wayneL]

YIKES!

US Futures just spiked.... Muppet Index spiked 300 pts in a minute... holding about 160 of those now. WTF? News?

This all I can see so far
8:18Goldman Sachs sees quarter-point cut on or before Sept. 18
8:18Goldman Sachs sees total 0.75 point cut by end of year

But that's Goldman saying it, not Uncle Ben... mind you GS is Benny's broker.

 

[reece55]

YIKES!

US Futures just spiked.... Muppet Index spiked 300 pts in a minute... holding about 160 of those now. WTF? News?

God Wayne, I hope you are long - the volatility in every market atm is amazing and frightfully scary all at the same time.....

All the best mate

 

[wayneL]

Bushman broke the news https://www.aussiestockforums.com/forums/showpost.php?p=193056&postcount=28

.5% cut on the discount rate to banks.

I'll refrain from saying what i think.

 

[wayneL]

God Wayne, I hope you are long - the volatility in every market atm is amazing and frightfully scary all at the same time.....

All the best mate

Cheers mate,

Only trade during stock market hours, so on the sidelines till then.

I'm thinking to fade this... but we'll see.

 

[reece55]

Bushman broke the news https://www.aussiestockforums.com/forums/showpost.php?p=193056&postcount=28

.5% cut on the discount rate to banks.

I'll refrain from saying what i think.

You have got to be kidding me, they actually opened the discount window???

This will only exacerbate the problem, where did Bernake get his Economics degree, off a Special K box or something....

Well, long the lenders for short term gain then, I guess..... Or perhaps short after a heady open......?????????

Cheers

 

[wayneL]

Check it out:

Booze for the alcoholics.

 

[professor_frink]

alright ladies and gentlemen,

place your bets for today. Who's fading it and who's jumping on board??

Think it might be time for me to convert the U.S $$ that is in my account from my recent trading adventures in the USA back to Aussies. Wonder how long this will calm things down for

 

[wayneL]

alright ladies and gentlemen,

place your bets for today. Who's fading it and who's jumping on board??

Think it might be time for me to convert the U.S $$ that is in my account from my recent trading adventures in the USA back to Aussies. Wonder how long this will calm things down for

My bias is to fade it, but who knows what the Wall Street leeches are capable of... sharp eye on the internals.

With my money, I am buying gold, baked beans, and an AK47.

 

[professor_frink]

With my money, I am buying gold, baked beans, and an AK47.

Don't forget to get some booze!:drink:

 

[Trembling Hand]

With my money, I am buying gold, baked beans, and an AK47.

LOL. Love it. Perfect!

 

[Trembling Hand]

alright ladies and gentlemen,

place your bets for today. Who's fading it and who's jumping on board??

Think it might be time for me to convert the U.S $$ that is in my account from my recent trading adventures in the USA back to Aussies. Wonder how long this will calm things down for

Bloody hell. I covered my shorts on the open of the UK. Went and had a bit of a nap. came back and every thing is up 3%!!!!

 

[wayneL]

Don't forget to get some booze!:drink:

Good idea! I'll stock up on Tequila... I'll be able to run the VW on that as well.

 

[professor_frink]

Good idea! I'll stock up on Tequila... I'll be able to run the VW on that as well.

If you hurry up and get to mexico, you could probably pay them in USD before they realise that there is some crazy guy in a chopper giving it away!