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In reply to: King Baz on Tuesday 12/06/07 02:43pm

the xjo's weekly macd crossed down today suggesting that if we don't get a good night on base metals and the us, we may be in for more downside. i've been out for most of the day and was surprised to see that our market was pretty flat at close despite metals being up last night.


anyway, i'm playing it one day at a time at the moment.


cheers all.



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Its going to be interesting to see how it pans out tonight. Metals down but off their lows, oil down a tad, gold down.

Lehman put out a super strong result and the Euro markets seemed to rally on that. After a blip upwards the US futures haven't followed and are still well down. Maybe the result was 'too strong' given the interest rate nerves.


SPI well down at the moment. I'm currently short on SPI and would love to see another sell down tonight.


Knowing my luck its that early at the moment the futures will rally, metals will recover and the market will bounce and I'll be in the red when I wake up http://www.sharescene.com/html/emoticons/wacko.gif



I know what you mean about the kids, my 4 year old spewed up all over the couch Friday afternoon. By the time I cleaned up the mess and put her in the bath my XJO put had fallen off a cliff.

Oh well another down night tonight and I'll be able to close it out nicely.





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QUOTE (mattbl @ Tuesday 12/06/07 10:50pm)

i'm done for tonight........too crazy trying to follow the dax tonight......i got in a couple of good trades and a couple of bad. enough for me. i'm feeling seasick from following those manic moves.


t-bonds moved up again to 5.2, thus putting further downward pressure on the dow. i read something today....it could have been an ew article that suggested that t-bonds should now start to easing off and in turn, support a short term upward move on the market. so, continue to keep an eye on the 10 yr.


re: the xjo - not sure how good my call is, but my trendlines are giving me about a 5950 target. if that breaks, it gets a touch scary. however, if the us markets start to rally tomorrow, it may be enough to pull us up......thu, metals are still weak and aud still high. not a great combo for us.


mattbl, my three year old pucked in sympathy with your 4 y.o. during the middle of the night on sunday, leaving a lovely trail from my bedroom doorway to the bathroom. god obviously protects little children because we still love em. http://www.sharescene.com/html/emoticons/tongue.gif

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In reply to: jaolsa on Wednesday 13/06/07 12:08am

how hysterical .....is anyone watching cnbc......did i just hear one of the talking heads blame poor little ole new zealand for triggering further interest rate concerns in the us?



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yeh, they were on about that late last week .. . LOL, blame Helen! http://www.sharescene.com/html/emoticons/lmaosmiley.gif


thought l'd buy gold to hedge the whole equity position . . . but gold is all over the shop to.


got my 15pts on xjo, 31pts on dow, 0.7/oz on gold . . . way all over the place, good volatility for quick scalps but l am too confused for the moment so bed time http://www.sharescene.com/html/emoticons/wacko.gif


good luck y'all

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The yanks liked those retail figures . . . perfect opportunity to load up shorts at 13,395 http://www.sharescene.com/html/emoticons/rolleyes.gif


Went super short xjo @ 6227 http://www.sharescene.com/html/emoticons/sad.gif


might call it a night, leave positions open and see if l can lose some money

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KB, about time you know how it feels to lose money! http://www.sharescene.com/html/emoticons/tongue.gif


Would it be -- Your first loss this year?! http://www.sharescene.com/html/emoticons/lmaosmiley.gif


DAX lagging FTSE and CAC40.... Strange.... normally its the strongest....

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