FTSE100 on its way down...

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 ;-)

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!!

Not looking good so far is it?

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?

i'll quite happily sell ftse here 4 lots - its 5463 on march.

have 1 back at 5400, 5350, 5300 and 5250.

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!!

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!!

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?

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!

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

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?

It would appear not!

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!

Mr B I see they raised rates in Austarlia again

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

Actually

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

Are you DEBT REGRET?

SRC

I hope you have taken your losses on the chin. Your bets/advice were totally useless.

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!

5599.76

5600, and SRC has gone missing.. What have you got to say for yourself SRC?

if it was a sell at 5300 surely its a sell at 5600?

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.

Genius trade

FTSE is now 57% higher than its low of 3460, exactly 1 year ago!

It is also 5% higher than when SRC posted!

i'll sell 8 at 5600. short 16 lots now.

average they cry...

u can finish the rest off, cant u?

Why are you selling now?? Have you got any clue what you are doing or why you are doing it!

Does look a bit overcooked now, I see little downside in a small sell of FTSE June contract

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

WDIDONOW

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

MADNESS

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.

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!

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.....

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!

I love this thread. Not trading it myself but good luck guys!

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.

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...

interestingly the euro has had a huge run up into the us numbers. could this be a short setting up?

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?

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.

WDIDN

I have told you that I am not getting involved at the moment. I do not think they are going higher , and equally do not think they are going lower. SRC seems to think that the figures are likely tio be bad. I am not sure, The DOW has climbed steadily lately , and it demonstrates to me that there is a little bit of confidence at the moment

I have a problem with SRC , as he "told" people to seell 2 weeks ago . He said he had goocontacts in Amsterdam that told him so. I asked what the reason for this was and he had no answer. I would say to anyone at the moment that listening to people like SRC , or you with your chartist garbage, is a dangerous game.. If you do not know enough do not bet!

lovely short on the euro occurred. high 1.37.86 now 1.37.42.nice 44 pips.

Light volumes Chisel says to me the Dow is going to fall...and soon!

what do i do now? it is pointless speaking to chisel, he is just a guy who loves chatting to himself..

LOL

It is you SRC that is 300 points off after a prediction that the FTSE was about to crash!!. Your two weeks are up!!

I stated on here that I thought the FTSE may well continue rising, and it did.. I also stated that I was not willing to put my money wher my mouth was an I didnt! I woudl certainly not get involved now either

With Sterling down & commodities up I cannot see how the FTSE can be set for a fall for now.

another lovely short on the euro short 5 at 137.52,buy back at 136.96 12 hours later gain 56x5=280 pips= about 3,100$aud.Seems the euro is falling faster than the footsie? But if the footsie falls 300 where will the euro go?Please advise.

And still the FTSE rises!! 5654 and rising.

I simply can not believe that teh number of people claiming job seekers allowance fell by 32000 in February against a forecast of 8000 being lost..Is it anothe conspiracy, or another Lie?

SRC® 04 Mar 08:57


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

Still going short? 5653 and motoring

its getting more and more difficult to believe any of the stats trotted out by this govt.

what do i do now? 12 Mar 08:36


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.....

More Good advice from our friends. ?

WDIDN

It is scary actyually!!. But that is why things are so dangerous for people like you. The support being given to the markets is breathtaking, but is it not possible that you carry on buying until there is a real change of policy?

Could the FTSE rising be a bubble being fueled by QE . low interets rates and governemnt policy/handouts.. Can you see anything changing any time soon? I cant!

the gaps still there and triple witching friday. expirys all over the shop.

what u have to ask is this - if this is QE fuelled, then whats the govts exit strategy? when are they gonna get out - and how?

if the govt are propping this, then is there much difference between them and nick leesons plan for fiscal salvation?

Do not mistake prices & indexes going up with a return to the good times. Welcome to the crack up boom.

Owls I agree

But all the time that the support is there would you be a seller??

Ther eis no guarantee that QE isnt going to be extended if necessary, and a prolonged period of low interets rtaes seems inevitable, especialy after what the FED said yesterday.

No I wouldn't be a seller.

It's a bull market for funny money.

The BOJ were at it as well yesterday.

Owls

My point exactly!! This is the exact same as when you were telling me not to buy during 2008 when assett prices were capitulating. You simply should not buy into a sell off or sell into a rally!

In fact , the likes of us have absolutely no chance!

now 5736!!

SRC , what have you got to say for yourself?

Give it him with both barrels Chis!!

I hope he hasnt already taken matters into his own hands Owls!

give it away chisel ffs

No chance!

Onwards and upwards then!! Any more predictions?

5787!

Debt regret said sell the Dow at 9300 and it is now 11000!

SRC what have you got to say for yourself?

perhaps he was a little too early

Too early!!

It is tantamount to getting up at 1am!

No let up in support to financial system, so I would suggest selling is still a risky game

The only way is up!

Equity is the place to be with a weak pound. No incentive for overseas investors to buy gilts, and the FTSE is still a lot cheaper for them with exchange rate.