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chisel
01 Mar 10 08:47
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Date Joined: 19 Sep 08
| Topic/replies: 1,585 | Blogger: chisel's blog
Lets just watch this one shall we?

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Replies: 66
By:
SRC®
When: 01 Mar 10 12:08
Chisel,

wait and see my friend....my comments are coming off the back of what I have read, seen and heard and experiance. Now should you have a different opinion then by all means state yours - I am not forcing you or anyone on this forum to follow. But when you see how many points the FTSE goes down over the 2 weeks - please dont slate me ;-)
By:
chisel
When: 01 Mar 10 12:47
Hey SRC

I will be the first to congratulate you ! Although , I will also be one of the first to mock you if you are wrong!!
By:
chisel
When: 01 Mar 10 16:18
Not looking good so far is it?
By:
chisel
When: 02 Mar 10 10:30
Ok

So far so not so good eh SRC! You still going short? I am surprised you havent posted another trade ...

Are you sure that you are not Debt Regret.. By Th way, you actively advised people to short the FTSE, what have you got to sya for your self?
By:
what do i do now?
When: 03 Mar 10 07:26
i'll quite happily sell ftse here 4 lots - its 5463 on march.

have 1 back at 5400, 5350, 5300 and 5250.
By:
Washington Irving
When: 03 Mar 10 08:29
Oh well SRC, at least the money lost following your tip to short the ftse can be made back following your tip to short the AEX!!
By:
chisel
When: 03 Mar 10 14:57
What do I do now!!

Atre you serious are ar eyou Debt Regret.. FTSE at 5528, and rising. I really want to know what this news is that guarantees the FTSE will fall in next two weeks... Sorry, I should say 8 days, as SRC tipped a sale 6 days ago!!
By:
what do i do now?
When: 03 Mar 10 15:12
i'll gladly sell another 4 at 5525.

to buy back 5450.

the flip side of this is, what news is out there to have the market this high?
By:
chisel
When: 03 Mar 10 16:29
Well go on then!!

My point is that I can personally see no reason for the markets to be falling either.. The top 100 companies are there for a reason. We are not talking about the loc al corner shop, or mechanic are we?

Many ply their trade all over the wold, and are diverse in almost any way possible. Things can only go up this year, but I am not putting any money on it!
By:
SRC®
When: 04 Mar 10 07:57
Right, I reckon we are nearing the turning point so I am going to short again at 5,512.68

http://proactiveinvestors.co.uk/companies/news/13993/ftse-100-seen-lower-ahead-of-bank-of-england-decision-us-jobless-and-home-sales-data-13993.html
By:
Mrben
When: 04 Mar 10 08:07
well done SRC , you had the guts to put your trades up and fend off the knockers.Now its going your way.Congratulations!I hope your making heaps.
As a btw- am I too late to get on now?
By:
Washington Irving
When: 04 Mar 10 10:02
It would appear not!
By:
chisel
When: 04 Mar 10 10:58
LOL!!

Sold again,..This exact same thing happened to Debt Regret..

Mr B , I am surprised at you ... Heralding a falling market after 2 hours!
By:
chisel
When: 04 Mar 10 11:00
Mr B I see they raised rates in Austarlia again
By:
chisel
When: 05 Mar 10 09:00
Update

we arte now 8 days into SRC prediction of a massive fall in the FTSE over a two week period! Market up again ( although only by a small amount) and no real bad news on the way..

I ask again what information he is privvy to that suggests a large fall. The FTSe will need to fall by over 100 points for It to be lower than feb 25th.. Not good if you listened to him
By:
chisel
When: 05 Mar 10 09:56
Actually

On 25th at time of posting FTSE was about 5300-5350.. 200 points offside

Are you DEBT REGRET?
By:
chisel
When: 05 Mar 10 13:05
SRC

I hope you have taken your losses on the chin. Your bets/advice were totally useless.
By:
The Witchsmeller Pursuivant
When: 07 Mar 10 20:13
I love these planks who proclaim great wisdom when the market moves slightly in their favour, and then run for the hills when it goes tits up. Quality!
By:
crediter
When: 07 Mar 10 21:50
5599.76
By:
chisel
When: 08 Mar 10 08:42
5600, and SRC has gone missing.. What have you got to say for yourself SRC?
By:
Mrben
When: 08 Mar 10 10:20
if it was a sell at 5300 surely its a sell at 5600?
By:
actionpunter
When: 08 Mar 10 16:28
SRC - In the light of the worldwide recession my plan is to sell 5603 and place an order to buy at 5595.

When my trade is a winner I will e-mail George Soros and tell the old fool that he has nothing on me and that there is now a new sheriff in town. Could you please run my plan by your Dutch contacts, just to be sure.
By:
actionpunter
When: 09 Mar 10 11:39
Genius trade
By:
chisel
When: 09 Mar 10 14:28
FTSE is now 57% higher than its low of 3460, exactly 1 year ago!

It is also 5% higher than when SRC posted!
By:
what do i do now?
When: 09 Mar 10 15:57
i'll sell 8 at 5600. short 16 lots now.

average they cry...

u can finish the rest off, cant u?
By:
chisel
When: 10 Mar 10 09:04
Why are you selling now?? Have you got any clue what you are doing or why you are doing it!
By:
The Witchsmeller Pursuivant
When: 10 Mar 10 15:20
Does look a bit overcooked now, I see little downside in a small sell of FTSE June contract
By:
chisel
When: 10 Mar 10 15:29
The point is that the FTSE is still rising, and what news is there that is hgoing to bring it back down??

I personally would not buy now, however I would also not be confident that the FTSE is going to fall. Like I said two weeks ago, the small dips seem to be profit taking, and nothing else. I would expect to see a little more profit taking soon, but what happens after that is teh in teresting point? NO BET
By:
chisel
When: 10 Mar 10 15:30
WDIDONOW

What is going on in that mind of yours?? Sell again for double?

MADNESS
By:
what do i do now?
When: 10 Mar 10 16:01
so far im short:

4 at 5463
4 at 5525
8 at 5600
and another 4 just sold at 5625

so im short 20 lots at an avwerage of 5562.

i'll have 8 back at 5500

5450 for 2
5400 for 2
5350 for 2
5300 for 2
5250 for 2
5200 for 2

im 60 tix offside on 20 futres = 200x60 = 12k

no margin calls yet, i can quite happily fund the position. if it all goes reels, then so be it. but i hope that, if it does, there will be no gloating chis. no laughing at a working man losing money.
By:
chisel
When: 10 Mar 10 16:53
Hey WDIDN

As I have no interest in the bet, I wish you the best of luck. I hope that you win !

There may well be a little profit taking soon , so you may get out of jail free! GOOD LUCK!
By:
what do i do now?
When: 12 Mar 10 07:36
for all u players out there, theres a luvly gap on march dax to the downside.

5619 -5637, nereds to be filled.

thats 300 points lower.

we also have a triple top forming of 3 highs for the last 3 days of:

5956, 5955 and 5957

strap thyselves in - this could be going lower.....
By:
chisel
When: 12 Mar 10 08:29
Why is it going lower??

I am simply not convinced by this WDIDN.. Ther eneeds to be fundamentlaly something that will pull the markets down. What news is there on the way that is going to spark a sell off??

It matter s not a jot what our markets do. They are governed and seem to track what is happening in the States. If the Dow goes up I think the DAX , FTSE and most other indices will go up and vice versa. You need to give me more than this chartist rubbish. Look what happened to Debt Regret... Or are you Debt regret?? He recomended a sell of teh DOW at 8300..No one has heard from him since it smashed through 10k and is now racing towards 11000. If the Dow smashes 11000 I can tell you now that the DAX will not be 300 points lower!
By:
Mrben
When: 12 Mar 10 08:44
I love this thread. Not trading it myself but good luck guys!
By:
what do i do now?
When: 12 Mar 10 09:05
chisel

If the Dow goes up I think the DAX , FTSE and most other indices will go up and vice versa. You need to give me more than this chartist rubbish. If the Dow smashes 11000 I can tell you now that the DAX will not be 300 points lower!

---------------

well thanks for telling us that if the dow goes through 11000, the dax wont come off 300 tix. i always wondered why these equity traders were watching other indices, whilst trading their own.

u can say its chartist rubbish, but theres plenty of people i know who use them and make exceptionally good livings at it.

the country is in a total mess. all the QE has done is covered up the damage. a bit like the screens going up at cheltenham or turning the car radio up to full volume to drown out that massive banging noise coming from yr engine. add to the mix the potential of a hung parliament (personally i cannot see who in their rite mind could possibly vote labour) and u have 1 seriously shafted country.
By:
SRC®
When: 12 Mar 10 09:46
No British data is due for release on Thursday, so investor
attention will be on January U.S. international trade numbers,
together with the latest weekly initial jobless claims, both due
at 1330 GMT.

This could potentially spark the drop we have been waiting for chaps - the time is imminent...
By:
Mrben
When: 12 Mar 10 10:02
interestingly the euro has had a huge run up into the us numbers. could this be a short setting up?
By:
chisel
When: 12 Mar 10 11:13
SRC

The two weeks is up and the FTSE is 300 point s higher than when youtold us to sell it!

It wouldnt surprise me if the DOW just carried on rising.. What is it abouyt these figures today that you think is going to be bad, and trigger a sell off?
By:
what do i do now?
When: 12 Mar 10 11:28
chisel - u think its going higher. some of us think its going lower.

now ive given u my reasons (about which u described charting as 'rubbish'), SRC says that he expects bad american numbers.

so come on then. tell us why, in yr opinion, the stock markets are gonna climb? what knowledge do u have that makes u think its gonna squeeze?

because its all very well sitting on the other side of a computer screen slating peoples views and opinions in a business which is not yr primary interest, without offering any reasons for having the contrarian view.

ive said this to u before, on numerous occassions, taking joy out of other peoples misfortunes isnt big and it isnt clever. and yr posts give the impression that u are taking delight in people having offside positions.
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