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Not sure what the position limits on the HSI are but gee that sell dude must be getting close. Relentless Iceberg stuffing on the Ask.

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Honestly, nice divergence on the lows but it's been a long grind up. Closed out once that pop above 540 was so short lived.
 
China Everbright Securities has gone into a trading halt...lol...i wonder what the news is...:D
 
Syria - Sentiment into the weekend

I'm curious about the sentiment going in to the weekend, its the end of the month too and a long weekend in the US. I don't think anyone is going to be too committed going into it, long or short. Even though its highly unlikely the US or her allies will do anything with UN support this time. The US has said it won't act unilaterally already. The UK will not be participating without a UN resolution, which will not be forthcoming given Russia and China's veto powers...

So I'm still guessing that there may be a neutral to long bias, but not a short bias...

Anyone?
 
Re: Syria - Sentiment into the weekend

I'm curious about the sentiment going in to the weekend, its the end of the month too and a long weekend in the US. I don't think anyone is going to be too committed going into it, long or short. Even though its highly unlikely the US or her allies will do anything with UN support this time. The US has said it won't act unilaterally already. The UK will not be participating without a UN resolution, which will not be forthcoming given Russia and China's veto powers...

So I'm still guessing that there may be a neutral to long bias, but not a short bias...

Anyone?

I'm unsure of the specifics in regards to the possible Syria attack but surely you wouldn't want to be long equities (or short bonds) going into the weekend?
 
Re: Syria - Sentiment into the weekend

I'm unsure of the specifics in regards to the possible Syria attack but surely you wouldn't want to be long equities (or short bonds) going into the weekend?

So you're thinking the safe bias is short to neutral?
 
Re: Syria - Sentiment into the weekend

So you're thinking the safe bias is short to neutral?

Yeah I guess so, I mean everyone would be thinking the same thing, regardless of what actually will/wont happen and as far as Im concerned, I doubt many would be too keen being long equities over this weekend.

As an aside, I remember a couple of months back (end of may?) the SPI had some HUGE MOC orders to sell, it dumped the SPI like 40 points in the final 10 min of trading, was a pretty good indication of what was to come both in the euro/American session that night as well as the trend for the next month or so. Will be watching that closely this afternoon.
 
China Everbright Securities has gone into a trading halt...lol...i wonder what the news is...:D

They are due to announce that they DID NOT do a fat finger trade for the week.

So I'm still guessing that there may be a neutral to long bias, but not a short bias...

Anyone?

I don't think there will be a huge or lasting influence either way. The threat and uncertainty of war tend to bring market lower. Once war actually happens market may actually move up...
 
:D:rolleyes:

I don't think there will be a huge or lasting influence either way. The threat and uncertainty of war tend to bring market lower. Once war actually happens market may actually move up...

the old defense contractor rally hey....:xyxthumbs

From a personal POV, they should stay out of it...the farkin Saudi's need to do something for a change..

The US and her allies should stay the hell out of the Middle East. There's no reason to become involved in that region any more...
 
I don't think there will be a huge or lasting influence either way. The threat and uncertainty of war tend to bring market lower. Once war actually happens market may actually move up...

Yep that is the "War Trade". Increased volatility with a downward bias leading into it with a rally on the report of the first cracker going off.

Reminds me of my first account I blew up in Gulf War 2. Short the moment the news announced missiles hitting Baghdad. 30% of account gone by the end of the day, virtually all gone by week later.... haha they were days!! :D :bazooka::freak3::shoot::bunny:
 
Reminds me of my first account I blew up in Gulf War 2. Short the moment the news announced missiles hitting Baghdad. 30% of account gone by the end of the day, virtually all gone by week later.... haha they were days!! :D :bazooka::freak3::shoot::bunny:

Well in a sense you weren't wrong. The 2nd war on Iraq put a fair bit of debt on the US which probably led to the GFC (or something).

You just needed to stay solvent for another few years and you would have made millions.

The US and her allies should stay the hell out of the Middle East. There's no reason to become involved in that region any more...

Well such conflicts have been around for what, a thousand years? It's probably in the DNA of both sides to have a go at each other every so often.
 
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