Foale

Looks overbought to me....wondering if we are putting in the turn over yesterday and today...that will send us back down to the lows again..later in the month...

Results aside I cant see us opening up much over 11400 and expect it to tes both ends of 11450 and 11300..before moving out of that range...

and now all is right with the world.... Short DAX at 6312.....ok and Dow at....11424

what the..... was that?

Given the limited number of us regular posters...I would second that... Certainly comments re Oil do appear here when the move is large...even if not actual trades..

ok completely flat now...time for breakfast.. Made back yesterdays losses in dax and Ftse..phew...

So many posts I cant find my old ones with the short trades on but closed...Dax Sept shorts at 249 and 310 at 287...so almost break even closed my short...ftse Sept at 239 +12 from the 5251 open done a few Dax scalps...early on... Only longs at the moment...

Interesting...but are you a positive or negative bias from here? 11330

and this .... Microsoft surprised the Street by narrowly missing analyst estimates in its fiscal fourth quarter. After Thursday’s closing bell the software company reported earnings of 46 cents per share, while its revenue increased by 18% to $15.8 billion. Analysts had predicted earnings of 47 cents per share on $15.65 billion in revenue in the fiscal fourth quarter for the software giant. While Microsoft officials remain optimistic about the future, the company issued a first-quarter forecast that was weaker than Wall Street expected. Microsoft said it sees first-quarter earnings of 47 cents to 48 cents per share on $14.7 billion to $14.9 billion in revenue. Analysts polled by Thomson Reuters are looking for 49 cents on $15.04 billion in revenue. Shares of Microsoft fell almost 5% in after-hours trading.

The Nikkei 225 Average recently lost 0.8% to 12,785.06 and the broader Topix index gave up 0.9% to 1,252.68. Elsewhere in Asia, Hong Kong's Hang Seng Index slipped 0.1% to end the morning session at 21,709.52. Taiwan's Taiex was recently down 2.6% at 6,796.58, while South Korea's Kospi index shed 1% to 1,510.51. India's Sensex was 0.1% lower to 13,097.98, after trading higher in the early going. So Asia off....perhaps caused by.. Merrill Lynch & Co. tumbled in late trading after the third-biggest U.S. securities firm posted a wider-than-forecast second-quarter loss yesterday on $9.7 billion of credit-market writedowns. Moody's Investors Service cut Merrill's credit rating and the firm's shares fell 6.4 percent in after-hours trading. The net loss of $4.65 billion, or $4.97 a share, exceeded the firm's $1.96 billion first-quarter loss, while rivals Goldman Sachs Group Inc. and Morgan Stanley stayed profitable and this .... Investors took a bite out of Google (nasdaq: GOOG - news - people )'s shares in after-hours trading on Thursday when the Internet search overlord reported second-quarter earnings after the bell that fell below Street expectations. Google shares dropped 10.2%, or $54.50, to $478.94, moments after the company reported. and this .... Microsoft surprised the Street by narrowly missing analyst estimates in its fiscal fourth quarter. After Thursday’s closing bell the software company reported earnings of 46 cents per share, while its revenue increased by 18% to $15.8 billion. Analysts had predicted earnings of 47 cents per share on $15.65 billion in revenue in the fiscal fourth quarter for the software giant. While Microsoft officials remain optimistic about the future, the company issued a first-quarter forecast that was weaker than Wall Street expected. Microsoft said it sees first-quarter earnings of 47 cents to 48 cents per share on $14.7 billion to $14.9 billion in revenue. Analysts polled by Thomson Reuters are looking for 49 cents on $15.04 billion in revenue.

can anyone see why Dow futures are 120 off yesterdays highs ?

I still have some small Sept ftse adn dax shorts !! Thankfully stamped September..I might need that long..

I HATE days like this...all I can say is that given I was shorting all morning..and out from 3-5:15pm In the past it would have cost me a whole lot more... Best trades oddly enough the Dow... +127 over 4 trades as for Europe....well live to fight another day about sums it up...

I cant see this thing reversing... 11500 Dow and 6400 Dax futures?

Dumped the Dax trades at 6304

Hi FW hope you are right.... but for now I am more worried as I am short that we are heading for 11500!

short Dow Cash 11382 short Dax Cash 6309 my 60 min has strong resistance here...( although several more resistance levels just above.. 10400) Short Dow Cash 11412 short Dax Cash 6318

Used this fall to do some damage limitation.... Off out...will post details later basically...not quite so poor....but also less exposed...

I am not worried about 11300 its 11400 that scares me ....

Well win or lose I have done some stupid trades this am...particularly in the Ftse, which has shown as a buy on my 60 mins since yesterday.. I often woonder if I should only trade Mon - Wed as Thurs and Fri often go pear shaped..

with the way its rising..."not tight enough" US shooting for 11335-50 on futures... I have Dax big resistance at 6380 (futures) and Ftse 5300 (cash) Going to endure the pain now unless those are broken... Having said that did not of course expect us to get up here.. Dow now assuming a +100 open...

Yep CMC spread 2 on Cash 3 on Sept However if you have a target entry level...and then add 2...95% of times you will get filled...within 1 min

Selling volume finally coming in in the Dax... seems to have waited for Dow futures to hit 11300 ( why didnt I :doh: )

short Ftse Sept...5251 If wrong I am in good Company... btw .3? whassat all about.. my broker justs rounds against me...lol

short Dax cash 6257 still got short.. Dax Sept.. 6288 and just added short Dax Sept 6318