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As I indicated in another topic last week I am looking for the dow to break 10,700.It did so last night and closed just under.Its time to get long.I will be starting to scale in with a goal of being long 200 contracts.
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Good Luck Mr B
Looks like Ultra Low interest rates are there to stay in the states. Bernake made it clear rates are staying 0-0.25% for teh forseeable future. With all this money sloshing around it has tobe spent, which means for teh time being markets will probably increase!
Looks like Ultra Low interest rates are there to stay in the states. Bernake made it clear rates are staying 0-0.25% for teh forseeable future. With all this money sloshing around it has tobe spent, which means for teh time being markets will probably increase!
yes chisel, hope you get on and do well also.Im tipping the dow will go to 12,000 faster than people think.Its just a case of getting in and ridingit home.Viva la boom!
Mr B
You are on fire at the moment. Long may it continue, particularly if it means the economy is getting stonger!! Suits me!
You are on fire at the moment. Long may it continue, particularly if it means the economy is getting stonger!! Suits me!
It's all insubstantial froth and will be blown away by a gust of reality.
yes it maybe froth but it should go higher ,penciled in 11200 sometime ago ,i feel ftse and dow could unhinge soon ,so im very cautious at the moment.
Mr B
Rather you than me.
I'm playing it super safe at the moment.
It's all getting far too frothy for me.
You could be right, but equally you could be horribly wrong.
There are no good percentages in doing what you're doing, unless you have the ability to front run things like the GS types do.
Menelaus can tell you more about what is going on inside his profession at the moment, than I can ever do.
Rather you than me.
I'm playing it super safe at the moment.
It's all getting far too frothy for me.
You could be right, but equally you could be horribly wrong.
There are no good percentages in doing what you're doing, unless you have the ability to front run things like the GS types do.
Menelaus can tell you more about what is going on inside his profession at the moment, than I can ever do.
if theres a pullback tonight I will start to get in.Been trading the aud all week,A total no brainer for the upside, buying every slight pullback and reselling 15/20 pips higher.5 contracts at a time=100pips each time 6 trades so far this week.70-100 pips a day in range Too happy.
Will follow the same strategy on the dow, starting with 10 to 30 contracts. Dow daily range is 60 to 100 points a day.Lets go!
Will follow the same strategy on the dow, starting with 10 to 30 contracts. Dow daily range is 60 to 100 points a day.Lets go!
As soon as I hear or read the phrase " no brainer ", then know it is time to be well out of the markets.
Sorry Mr B, but you're are starting to sound like the proverbial shoeshine boy on the steps outside the exchange.
Best of luck though, as usual.
Sorry Mr B, but you're are starting to sound like the proverbial shoeshine boy on the steps outside the exchange.
Best of luck though, as usual.
thats up to you botty.meanwhile I will keep banking the profits.
Until the inevitable day of reckoning.
Even the best ( and proven indepenently to be the best) traders in the universe say that the real secret in being a successful trader is to be able to take recurring kicks in the gut and come back for more.
You don't seem to really ever take any such kicks, or at least you don't fess up to them on here.
Trading is a series of emotional highs and lows.
If and when you prove and show that you do experience lows as well as highs, then you may gain a bit more respect and crdibility on here.
At the moment I'm afraid to say that you are probably more generally regarded on here as a lightweight blowhard.
You're fun to read, but I would urge people on here to take most of what you say and claim to achieve with a large pinch of salt.
Of course I may be totally wrong and you ae truly that once in a lifetime super trader, that we would all like to be.
But somehow I doubt it.
No skin off my back if you are though, so keep on truckin' as they say.
Even the best ( and proven indepenently to be the best) traders in the universe say that the real secret in being a successful trader is to be able to take recurring kicks in the gut and come back for more.
You don't seem to really ever take any such kicks, or at least you don't fess up to them on here.
Trading is a series of emotional highs and lows.
If and when you prove and show that you do experience lows as well as highs, then you may gain a bit more respect and crdibility on here.
At the moment I'm afraid to say that you are probably more generally regarded on here as a lightweight blowhard.
You're fun to read, but I would urge people on here to take most of what you say and claim to achieve with a large pinch of salt.
Of course I may be totally wrong and you ae truly that once in a lifetime super trader, that we would all like to be.
But somehow I doubt it.
No skin off my back if you are though, so keep on truckin' as they say.
And who's to say that is the only trade you're doing.
Sorry Mr B but anything and everything posted on here by anybody is probably selective.
Nothing personal.
Sorry Mr B but anything and everything posted on here by anybody is probably selective.
Nothing personal.
botty I suspect you are getting too isolated in your seaside santuary.You are getting more and more precious.You stated "I don't post trades here because it is of no personal benefit" But you are happy to knock those who do- and the benefit would be what?Your ego being stroked?Making yourself feel good by being superior to others? Sorry botty but your losing your credibility here.Your superior attitude and your total lack of anything concrete is bringing you closer to being an airhead than an intellectual you claim to be.You claim your great, you claim you live an ideal seaside life but you provide not a scintilla of evidence.No predictions, no trades- zip.Even the normally moronic subversion and managed to provide a couple of cut and past links, a marked improvement on his usual childish rants.
Lets see you post something interesting botty, something other than your condecending comments to all.And dont try to cop out of it by claiming your too superior to engage in it.Otherwise your motives for being here are what exactly?
Ego stroking?You are sounding more and more like a fraud.
Lets see you post something interesting botty, something other than your condecending comments to all.And dont try to cop out of it by claiming your too superior to engage in it.Otherwise your motives for being here are what exactly?
Ego stroking?You are sounding more and more like a fraud.
people in glass houses shouldn't throw stones, MrBen?
or how about a new variation especially for you?
people living in antipodean dustbowls shouldn't be too complacent about mud huts?
;)
or how about a new variation especially for you?
people living in antipodean dustbowls shouldn't be too complacent about mud huts?
;)
Mr Ben
I don't think my computer skills are even at the cut and paste level tbh.
I haven't put on a suit and tie even for the past 20 years or so.
I'm well out of the rat race believe me.
I can just about use a land line tel answering machine and that's all.
No mobile phone, I've never sent or rec'd a text message, never ever viewed Facebook, youtube, twitter or whatever else is out there.
Have never downloaded a music or film video, don't own a DVD player, never watch TV except a few daily cable news programs.
I swim, read, drink, travel all the time and enjoy life to the fullest, without any the above ( in my view) totally unnecessary accoutrements.
Oh and I do have good, reliable, conservative people looking after my money to enable me to pay for everything.
My secret to success ?
Invent something useful and desirable, patent it, license it and then ride off into the sunset.
Easier said than done, but not impossible.
I don't think my computer skills are even at the cut and paste level tbh.
I haven't put on a suit and tie even for the past 20 years or so.
I'm well out of the rat race believe me.
I can just about use a land line tel answering machine and that's all.
No mobile phone, I've never sent or rec'd a text message, never ever viewed Facebook, youtube, twitter or whatever else is out there.
Have never downloaded a music or film video, don't own a DVD player, never watch TV except a few daily cable news programs.
I swim, read, drink, travel all the time and enjoy life to the fullest, without any the above ( in my view) totally unnecessary accoutrements.
Oh and I do have good, reliable, conservative people looking after my money to enable me to pay for everything.
My secret to success ?
Invent something useful and desirable, patent it, license it and then ride off into the sunset.
Easier said than done, but not impossible.
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