fridays foibles, page-71

Jilk, were just telling it how it is.

I means seriously. Lets just be honest.

Those professing otherwise are just talking st.


Lets take last night case in point.


JP Morgan was down 50% and the markets were down 150 points at 2pm 2 hrs before close and on the verge of collapse.


Since, ie, 2 hrs trading and in the post market trading, DOW is up 800.


Really, how can you trade that from AUSTRALIA??????


ANSWER: YOU CANT!!!


UNLESS YOU STAY UP ALL NIGHT EVERY NIGHT AND FOCUS EXPLICITLY ON THE US SESSION.

CAUSE OUR MARKET DOES NOTHING BUT FOLLOW THE US AND THEN TRADE IN A TIGHTISH RANGE DURING THE DAY SESSION.

THE BIG MOVES ARE FROM 11PM AEST AND 6AM.


SO YOU NEED TO TRADE THOSE HOURS TO MAKE MONEY