Trading the SPI

[professor_frink]

Commercials - the major players

OK gotcha

 

[Bronte]

Very well done lads.
Left me sitting on the platform today.
I had better cancel my Buy 4900 orders

A very nice mornings work.....for some

 

[Bronte]

SPI now 4977 High

 

[Pager]

Bit of negativity coming out of Hong Kong, futures there are down about 80 points from the open and there cash market is flat, had a huge run of late so maybe just a bit of consolidation, be interesting to see how the Nikkei goes after lunch, still think the discount on the Spi will come in but a premium looks highly unlikely ATM.

Taken some profit on the Spi and have left 1 contract running stop is up to the low 50,s

 

[Ageo]

didnt jump on the way up, lets see if it comes back down to open.

 

[Ageo]

short 20 contracts @ 4974 on the A200.

MA crossover

 

[Phoenix]

Can Somone send me an intraday data file of the SPI for say one year please to FatalError@kaxy.com

Thanks. Or just attach it to your post.

 

[Bronte]

Hi Phoenix, a big welcome to you.
I hope someone helps out with your electronic data.
We have it of course written out by hand & on charts

 

[Ageo]

Stop moved to breakeven.

Im expecting it to move down to about 4950.

Current price is 4963.

 

[Ageo]

Stop moved to breakeven.

Im expecting it to move down to about 4950.

Current price is 4963.

Hit 4950 but moved up a tad.

Stop moved to 4964 (locked in a 10 point profit so far).

 

[Bronte]

Nice going Ageo
We have some real quality traders here.
10 / 12 active members.
1000 hits per day

 

[swingstar]

A200: Sold 10 through breach of support at 4980, sold 10 more through support at 4962, covered all near support (during morning) at 4958.

 

[Bronte]

Todays 5 min SPI chart:

 

[Bronte]

95,000 hits
At approx.1000 hits per day
Will we make 100,0000
By the weekend?

What happens at 100,000 hits Joe ?
I wonder if we go back to zero ?
Suppose we will find out soon

 

[Ageo]

HI guys, i had to leave home and when i got back i found the market decided to rally back up and i got stopped out for a 10 point profit. $200 net

Nothing major but if it hits 5020-30 and then retraces im shorting it.

Hopefully a move down back to the low 4900 levels.

 

[wayneL]

What happens at 100,000 hits Joe ?
I wonder if we go back to zero ?
Suppose we will find out soon

Why the obsession with the number of hits Bronte?

 

[Bronte]

I just have an obsession with numbers in general Wayne. Fortunately it helps with my trading

 

[Joe Blow]

What happens at 100,000 hits Joe ?

Nothing at all. It will simply continue counting the thread views.

 

[Bronte]

Thank you Joe

 

[Bronte]

Gann taught us to love numbers.
The "Power of Numbers" is simply incredible
For example todays "Round number 4900"