Posted in: spread-betting
RE: Trading/Spreadbetting board4 Jun 2014 12:18
FP --Good Morning ---Yes, roughly in agreement with your post about the markets etc. and with F4's sentiment ---Did stop me out @ 16725 ,but back in short like F4 this morning @ 16729 on the triple top failure ----A spike up to 17000 or near will be only another 270 points or so from my posn. We know at that point it will drop ,purely thru' psychology alone . -------------------------------F4.---I have shorted IMG many times over the last months , but do hold an underlying long posn. still from 171 p ----it is building up quite nicely to attack 240 p but that should, IMVHO, present strong res. for now ---it is a very "tradeable" stock ,not just on the Daily ,but further out as well .----the down side is ,it will drop significantly when the Dow does (but then, i suppose most things will (lol) )----GLA.