Member Info for Hottentot

Last Dow long closed @ 17510 for a final 110 pts. and Dax closed at 10300 for 120 pts. --- Never seen a day like it for some time ----incredible !! Dow and Dax overbought on the i min. now --- GLA.

SirG ---not going to even guess at the Dows closing level ----suffice to say it appears to be in a " recovery bounce " mode and if it goes into the close still above that 17406 level , then we should see more to come next week !! ( it is still well below the 17900 highs !! ) ---- The Dax is looking incredible strong today and i would say that the 10,000 level is now history . ( famous last words, i know ) ---but JMVHO . GL.

GB--- As posted by others , no way to do it automatically using IG 's present platform ------You can tho' ring them and they will manually split your position into smaller posns. as long as each split posn. is still above minumum bet requirement .!! Might as well tho' , say if you want to go long Dow £10/point ---do two longs of £5 /point and stick a limit on one of them !! ----same difference really !!---more time consuming tho' and time may be important ? Using FINSPREADS you can do it automatically like F4 can on the one he uses . GL.

Afternoon Everyone ----well, what a "rush" -!!! Have used the Dow 17240 supp. today for 4 long trades + 2 short posns. off RSI overbought . Dax , 2 long trades Gold , 1 long and i recent short. Total haul is extremely satisfying !! Ftse100 and Dax being affected by the Dow swings , but in general now both have largely started to ignore the Dow's stupid behaviour . Dax over 10100 as i write , Ftse100 regained 6500 and Dow still only at 17340 ish ---incredible behaviour from the Dow !!!! GLA . ----

Last post from me tonight ( even i'm getting fed up of reading my posts (lol))---- Dow forming a closing triangle now( can't remember the correct technical terminology ) with its point of intersection currently standing at around 17360 ---theory is, that point ,once intersected , will see an explosive move one way or 'tother ----let's see it it bears witness to the theory !! GLA.

It never ceases to amaze me how the mighty Dow adheres to perfectly formed patterns and levels , time after time after time !! On the extended downtrend top channel line the reversal was confirmed on the break at 17343 ---rising to 17380 , but now ,unfortunately, dropping back to follow the top edge of the extended channel line lower again !! ---perfect, textbook pattern for an Index which , quite cleary ,has not made it's mind up yet which way it wants to go in the immediate short-term !! This now being the case --you have too look at the downside reversal now which , as i write , comes in should it drop below ,yes you've guessed it ---17300 (lol) -----all perfectly simple really !! No need for any " holy grails" there , everyone ---just an understanding of how to use charts/levels and technical analysis !! GLA.

SirG ----well that will surely be good for European Bourses , yes? You look to have been following the trend quite nicely !! Take care of any "snap-back " rally's now in the hours left . -----don't you go getting yourself a reputation for being "extremely reckless " like me now , ya hear (lol GL.

Dow trend reversal " confirmation ! currently standing at around 17355 /17360 ----viewed on the 1 minute ---- Well that's 17300 supp. from this morning's Futs. reached --next stop is the 17255 level again !! GLA.

Dow testing that 17340 level again as i write ---the day's trend is still Down ---no trades for me now until trend reversal confirmed !! ---GLA.

Needs to hold above 17406.5 res. on the 1 minute now to move higher --JMVHO .-----

Dow long off 17340 supp. i posted about earlier closed @ 17407 ( 67 pts.) --- Dax powering ahead still Dow sticking to tried and tested levels --makes for much easier trading -- GLA.

For those like Jolly with interest in the Ftse100 ---i would have liked to have seen a break back up thru' 6500 today !!

Dow doing very well ---long closed @ 17480 ( 145 pts/pips)first 1 minute RSI 70+ ( overbought ) since the open ---todays highs in the 17520's could be a real poss. again ---JMVHO Should really be going short on these Indicators as well as it's just dropped back in a perfect trading pattern towards RSI 30 which would have given another 80+ pts/pips ----lazy trading from me !! GLA.

FP ---nothing wrong in getting in touch with "ones feminine " side occasionally (lol) ---well that's what my Analyst keeps telling me (lol) ---only joking ( about the Analyst , i mean !! ) ---as long as you don't start wearing women's underwear and strapping ya bits up ---too much info now (lol) ------back to more serious stuff !! Jeeesuuus --look at the price of GOLD !! GLA.

Cheers Guys . SirG ------Gold doing as predicted , hitting this mornings highs as the Dow drops !! OIL dropping back . Dax now showing a detatchment from Dow and attempting a hold above 10,000 once again !! --if Dow swings around now , the Dax may well power a lot higher ?? --care needed ----JMVHO ---- Dow holding that 17340 supp level ffrom this morning's futs. I'm long from 17335 Darn GLA -----never seen anything like this for a while now ?? SirG ----one 15 inch monitor and one 17 inch monitor ---got to switch to INFINITY very soon ----getting probs. now as BT have obviously given preferential service to those customers now in my local area !! If 17340 breaks then 17300 , then that low at 17255 ish again --JMVHO guys GLA.

OIL just broken thru' $51/barrel ----as Scotty said in the new Star Trek film " ooh , i like this ship , it's exciting " !!!!!!!!!!!! --GLA.

Dow closed out 17525( 125 pts/pips) ----look to a test of last nights close perhaps on open ---

Blimey SirG --that must have been a tight stop.? ---live to fight another day tho' Gold IS looking strong ---a Dow surge today could see a drop in Gold ? Above 1255 tho' may see this mornings 1260 odd re-visited -----JMVHO guys -- GL.

FP --50 is the new 40 !! ( life begins at 50 now ) ---GL with your new life ( lol) ------ Dow gone quite now , in a small range ----calm before the " storm " again . It is certainly a buy on the dips with Dow and Dax , the wise ones are still saying ----last couple of days action certainly bears that out !! ----will it continue to be a certainty ? ---64 million dollar question !! My last 17400 long seems to be doing well !! My "reckless " ways will continue un-abated while there's pts./pips a plenty to be made ---struth we're only at 17448 after all's said and done !! GLA.

FP --blimey , your'e still a " spring chicken " !!