XJO 0.30% 7,759.6 s&p/asx 200

furball friday

  1. 4,960 Posts.
    My cat has furballs... It's moulting... I never get to see the horrid things just these amazing grunting noises coming from such a small beast... Got him on special food now...

    Bit like the market really... can't see the toxic stuff... just the grunts as the market coughs them up.


    and boy is it grunting a lot lately.

    On the short term trading side... that was a lovely hour of power on the DJIIA...

    Perfect Whooshka...

    'tis quite strange... waking up, quick 5 minute chart scan... order ready to go when the market decides to move.

    Break above the 13 ma... buy to 20MA, wait for retrace..buy again, break of 20 ma... push to 200ma.. sell... retrace back to 20ma... all in 30 minutes...and a range of 200 points...Bounce of 20 ma and back to the 200

    Madness...

    In the words of The Prophet... this market is on crack... (and has furballs)


    Slaveman... Charts work on the short term bloke... No idea about long term (daily plus) but they sure work short term.


    Diiid... hope you're travelling okay.. you scare me...

    Safe trading all

    ;)

 
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