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  1. M

    Index futures (OMX, Sweden)

    No I got out in the morning, 926. That was bad enough, and now I will stay out for a while. I am very out of sync with the market. Journal will rest for a while.
  2. M

    Index futures (OMX, Sweden)

    We have tested 945 both yesterday afternoon and today, and since it seems to hold and we have a positive open in the US, I have gone long at 1053.5.
  3. M

    Index futures (OMX, Sweden)

    We continue to see wild swings, with the market first up over a half percent, then down more than 2% to 945.25, and then up to 971.75. Right now we have retraced to 964. And to think that we were at 1053.75 at the high of thursday just a week ago.... This might have been the final shakeout...
  4. M

    Index futures (OMX, Sweden)

    After a good start with 6 points to the good, the market started heading lower to finally crash in the afternoon. Down 38.5 points on the day and the cash index even worse down 4.34%. During the last week we are down more than 10%. Threw the position at the market at 1068 and will now stand...
  5. M

    Index futures (OMX, Sweden)

    We saw a final(?) downleg to 989, and then a high of 1010.75, before settling at 1001.25 for a loss of 1.25 points for the day. Was a bit surprised of the big drop back in the afternoon, but the US started to head a bit lower and a lot of people are nervous now so.. The US did not continue lower...
  6. M

    Index futures (OMX, Sweden)

    And the cash index is up! despite Asias trembling over night. Down a point in the futures but that is because we had a five point premium over night. Standing up against the continued downdraft in Asia is very good news. Holding for now.
  7. M

    Index futures (OMX, Sweden)

    And if I had waited with my entry, I would have been much stronger now, in case the rally does not start immediately. Todays close at 1002.5 and another 15 points shaved off. High of 1009.75, Low 995. Scary is that the cash index fell like a stone in the 10 minutes after the futures close, from...
  8. M

    Index futures (OMX, Sweden)

    Gold is down 4.5%, copper is having the largest drop since october 2004, the US dollar seems to start strengthening or at leat stop falling, and the US bond also...all those things that set us up where we are now when they were moving the opposite...I just wish I had not bot thursday so I could...
  9. M

    Index futures (OMX, Sweden)

    Dead wrong, and we headed down another 22.5 points this morning! 6% down percent from thursday afternoon, I would call that a mini crash! We are up about 10 points from the bottom, and while I think I was a bit into wishing at the close on friday, not wanting to close out a such a great loss...
  10. M

    Index futures (OMX, Sweden)

    My rationale is that the downdraft into friday is much too overdone, more so than usual. I can be wrong, as I have been all day, and then we are in for a nasty monday morning. It seems to me that much hangs on the US. They are jittering over inflation, but oil is falling today in spite of an...
  11. M

    Index futures (OMX, Sweden)

    Holding.
  12. M

    Index futures (OMX, Sweden)

    Usually there is a risk that we see a last wave of selling on monday morning. At the same time, the rally after the last wave of selling, whether we have seen it or not, will be sudden, fast and furious, and I do not want to miss it. I have not decided yet. have to do that within the next 10...
  13. M

    Index futures (OMX, Sweden)

    The ticker has almost stopped after a frantic pace the last hours - and we are at a stand still - but will we start up again now?
  14. M

    Index futures (OMX, Sweden)

    Another thing that worries me is that we have had almost a 4% drop in 4 days, and there are bound to be overleveraged people that might get margin calls, and it seems to me monday morning is a favourite time of week for brokers to sell out those customers. So even if those traders see the light...
  15. M

    Index futures (OMX, Sweden)

    I was only temporarily right as we and other European markets now are down about 1.5 %. You can almost hear the fear right through the screen, and I have been very close to just letting the trade go. But now we have actually had the slide we needed and we should be in a much better condition to...
  16. M

    Index futures (OMX, Sweden)

    Ouch, that hurt. At least we have got the shake out I was expecting earlier. Although the US was down about half a percent from our close, we went down about 1.3% in the first few minutes. I was tinkering with the thought of being fast on the fingers and selling out and going short at the open...
  17. M

    Index futures (OMX, Sweden)

    Close at 1045 for an open loss of 5.25. Starting to get to know this drill. Profit for day down to 2.5 points. High was 1053.75 and low was 1043.25.
  18. M

    Index futures (OMX, Sweden)

    Very ill timed entry, and we got the test of the lows after all. Seems we are finding our footing again, but all depends on the US right now. My take is that the fall is too advertised, the most surprising move for people would be if the market continued up, and since we have been lagging a bit...
  19. M

    Index futures (OMX, Sweden)

    Long again at 1050.25.
  20. M

    Index futures (OMX, Sweden)

    Problem with site a while again, sold long earlier at 1051.25, for profit of 0.25 points. Just covering costs on the last 2 trades.
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