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moregas - Thu, 02 Jan 03 :

Hi Indalo ,

just closed ccc short. It had about retraced 50% but I had not realised how big the spread was and so was having bother setting a nice stoploss that would protect profits. MACD and RSI looking like they have bottomed too.

The only time I considered trading futures pre market (only one day) the thing you said above happened - big futures difference and cash went straight to it. That kind of put me off since it seemed a fixed game.

US sure seems bullish and I'm tending to agree with those expecting a half decent rally, or maybe even the phi-fibs chart of y'day. Interesting to compare that overall spx pattern to the dow where a similar equal value for a top isn't higher than 9000 (ie the dow pattern would not be making a higher high as the spx would).

Hello all.

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