SPI200 Chat - What will happen next?? *suspense music*

[skc]

Did some calcs, doesn't seem to be 30pts worth of divs. Not sure wuts going on lol

Did u include interest rate to expiry?

 

[Trembling Hand]

Did some calcs, doesn't seem to be 30pts worth of divs. Not sure wuts going on lol

Ha! Was just wasting time doing that now. 30 points is 0.8% looks like we have a lot of the big caps paying divs and based on what the ASX200 is yielding??

Not that far off.

 

[MRC & Co]

3 to 5 day clusters are a standard move and consolidate patten for the SPI (in fact most markets). not a bad way to filter trade positions as to whether we are range bound or moving to a new 'value' area.

Interesting.

Thx.

 

[Rockon2]

IG mkts 5 min

 

[skyQuake]

fls brkkkkk

 

[ThingyMajiggy]

Watching the SPI properly now, is this serious? Is it usually this quiet? Like watching grass grow....

Where is all the action?

 

[Mr J]

I would agree with you if a 20 point move didn't occur before your post.

 

[skc]

Watching the SPI properly now, is this serious? Is it usually this quiet? Like watching grass grow....

Where is all the action?

Most of the action you see is just TH and MRC trading with each other.

There is not another single SPI trader in Australia.

 

[Mr J]

Hope they're not paying $10 commissions per contract!

 

[Trembling Hand]

Most of the action you see is just TH and MRC trading with each other.

There is not another single SPI trader in Australia.

Ha! It must be MRC crossing with himself. I've all but forgotten about the SPI. (actually I think its just a bot taking each side of 99% of trades just to give the illusion of a functioning market )

HSI , Kospi, STW is where its at.

 

[Aussiest]

Most of the action you see is just TH and MRC trading with each other.

There is not another single SPI trader in Australia.

Just in relation to the "lack of action", TH and MRC, would you consider trading the S&P500? Just curious . Is it the hours that put you off?

Edit: TH, you've partially answered my question. Just curious as to why people from Aust. might choose instruments other than the S&P500. Thought it might have been the hours.

 

[ThingyMajiggy]

I would agree with you if a 20 point move didn't occur before your post.

Heh.....well done then for catching that 20 point move. At my skill level I didn't see any entries and hence wondered if it always acts like a dead fish, I'm used to the US though, still, thought there might be a tad more action

Had a 10 point move back down too, you must be having a good day :

 

[cutz]

HSI , Kospi, STW is where its at.

Hi TH,

With regard to STW ( if you're trading it), is there much in the way of shorting availability.

 

[ThingyMajiggy]

Ha! It must be MRC crossing with himself. I've all but forgotten about the SPI. (actually I think its just a bot taking each side of 99% of trades just to give the illusion of a functioning market )

HSI , Kospi, STW is where its at.

HSI as in this?? Or am I lookin at the wrong thing?

 

[Trembling Hand]

Hi TH,

With regard to STW ( if you're trading it), is there much in the way of shorting availability.

not sure if you are thinking what I'm thinking. STW is the Taiwan index fut on the Singapore exchange.

HSI as in this?? Or am I lookin at the wrong thing?

No. Honkers have 1 month contracts like commodities.

 

[Mr J]

Heh.....well done then for catching that 20 point move. At my skill level I didn't see any entries and hence wondered if it always acts like a dead fish, I'm used to the US though, still, thought there might be a tad more action

Had a 10 point move back down too, you must be having a good day :

Might be our timescales. I trade a fast chart, so there were about half a dozen possible entries (I didn't take them all, never do). As for the move down, STW has been far larger and smoother. As said before, STW rocks, apart from the higher commissions.

 

[cutz]

not sure if you are thinking what I'm thinking. STW is the Taiwan index fut on the Singapore exchange.

Ah ha,

Sorry i thought you were talking about the ASX 200 ETF.

 

[Mr J]

What happened with the STW? Over 110 tick drop there. Beautiful stuff!

 

[ThingyMajiggy]

Ahhh OK that explains it, was gonna say...you must be one nuts trader to trade that haha

I watch 5m+ Mr J, noticed a short from the top, thats all I spotted though.

 

[Mr J]

That would explain it - noise to you is often beautiful to me. That STW move was beautiful for any intra-day trader though. Dropped 5% in an hour, I thought perhaps the GFC was starting to kick in :.