Member Info for eurofox

squaring up nicely to knock some more stop-losses out tomorrow

glad to oblige

Its good because the price got far ahead of itself in the current financial climate

There go a few more stop losses - its so easy

This probably includes the buy low and sell even lower brigade on margin

Its so easy to trigger the stop losses of the buy high sell low brigade on margin - do they never learn

Moreover, this has probably been helped along by yesterdays ECB stimulus package and the closing of proxy shorts on Aviva (that were originally built up during the shorting ban in EU countries).

The charts have shown a descending wedge for weeks on end, so this breakout is a natural consequence of that bullish sign - all one had to do was sit tight having accumulated the majority of ones stake at insanely low prices

you may have made a mistake

I wonder how much of this is being driven by AXA now defying regulators to pay dividend?

my comment is where are all the punters who are waiting for this to go sub 220 again? perhaps they talked themselves into complete negativity?

Below is a link to a petition that was set up 2 months ago but has only just been approved. If you agree with the sentiment then please sign it and draw peoples attention to it in any way you can. If you don't then that is fine, just don't sign it.

hTTps://petition.parliament.uk/petitions/313732

am I complaining?

When are traders on margin going to learn. The price action over the last 3 days says it all. No wonder 76% of retail traders lose money.

I have just returned from a short trip by local roads and M40 Motorway to deliver some food and there has been a step-change in quantity of traffic - even in so traffic-queues which have not been around for months. Things are getting back to more normal faster than you might expect.

This drop is good - weeding out all those traders on margin

adding at these levels

well done DC

.. more to the point, if there is a dip tomorrow, how many will fill in the dips, having missed the climb in the first place

DC - you can't be serious, this seems to have just broken up from a descending wedge