35854 replies to this topic

[Plasma]

Barbwire on 5 min....stay out....wonder how long this will continue .....glad I closed the long.

[Plasma]

Let's say there is taper talk for Jan 14, but S&P goes up, IGM will follow. But tomorrow our real market might not like that, thus up over night and down tomorrow.

Yeah, it is a though one... I don't have answers to be honest

Well ja, at this point we can only speculate .....let's see

[AJS]

Let's say there is taper talk for Jan 14, but S&P goes up, IGM will follow. But tomorrow our real market might not like that, thus up over night and down tomorrow.

 

Yeah, it is a though one... I don't have answers to be honest  

[Plasma]

Some insight please ..... As I understand IGM correlate after hours with S@P. So, if no taper, will US react violently upwards???? We took a significant dive since the talk started, since we are an EM. Therefor, we should see a big rise tomorrow when we open...but to the extent tonight.....??? So, I decided that if I get in a bit after the fact, I will not loose out to much...but rather then be sure to get into the right direction. If they indicate taper for Jan 14, then ??????? for us tomorrow.

I think just follow the overseas indices. Taper would be bad for us all, the effect will just be worse for us (as an EM), but the general market direct/reaction there should apply to us as well. In my humble opinion

Let's say there is taper talk for Jan 14, but S&P goes up, IGM will follow. But tomorrow our real market might not like that, thus up over night and down tomorrow.

[AJS]

Some insight please ..... As I understand IGM correlate after hours with S@P. So, if no taper, will US react violently upwards???? We took a significant dive since the talk started, since we are an EM. Therefor, we should see a big rise tomorrow when we open...but to the extent tonight.....??? So, I decided that if I get in a bit after the fact, I will not loose out to much...but rather then be sure to get into the right direction. If they indicate taper for Jan 14, then ??????? for us tomorrow.

 

I think just follow the overseas indices. Taper would be bad for us all, the effect will just be worse for us (as an EM), but the general market direct/reaction there should apply to us as well. In my humble opinion

Edited by AJS, 18 December 2013 - 06:00 PM.

[Plasma]

Some insight please ..... As I understand IGM correlate after hours with S@P. So, if no taper, will US react violently upwards???? We took a significant dive since the talk started, since we are an EM. Therefor, we should see a big rise tomorrow when we open...but to the extent tonight.....??? So, I decided that if I get in a bit after the fact, I will not loose out to much...but rather then be sure to get into the right direction. If they indicate taper for Jan 14, then ??????? for us tomorrow.

[AJS]

To do what??? Long I assume???

 

Yeah! Well, either way really. I'll see what the verdict is and where the US and other futures go.

[Plasma]

I am going to start unscrewing the kitchen sink...

To do what??? Long I assume???

[AJS]

I am going to start unscrewing the kitchen sink...

[Plasma]

Was long, took that dip, closed it when turned green....rather going to wait now...

[RBM]

short

[Sunesis]

Excellent! Posted to facebook with sunesis creds

It just amuses me how history repeats it's self

[JBlack]

long

Yes. Until 19h58. Then out or straddle trade...

[RBM]

long

[Beorn]

Jake with the all seeing eye!

 

Hehe,

Mass psychology, that is all the market is, it runs on perception and herding mentality.

 

I thought what I would have done if I had a long, and as soon as some selling occurred, herding instinct kicked in, and we dropped, but I dont see it going much further down than this.

IMO 

[Argento]

 

Could be the return move to the broken downtrend line..should start climbing again towards the close if it is!

A

 
DOW busy breaking its downtrend line too (not yet) with a 30min bullish cross in the making!

Change is very good our weakness was the return move and bullish!

But let's see what the FED has in store!

Good luck!

A

[@sirgrantfleming]

The Bitcoin Bubble

 

Excellent! Posted to facebook with sunesis creds

[AJS]

I'm gonna watch my screen like a hawk tonight! See how quickly I turn long into short if needs be!

[AJS]

Looks like this is happening.

 

Jake with the all seeing eye!

[Beorn]

The volume is so low, any buyer or seller will influence it.

IMO,

so any nervous longs going into day end might look to take profit before FED decision, which could send us down a bit.

 

Looks like this is happening.