The S&P just put in a higher short term bottom on Feb 28 or is within 5 points of doing so and will not close lower than 1275 before the next breakout above 1300.
Quote from volente_00:
The S&P just put in a higher short term bottom on Feb 28 or is within 5 points of doing so and will not close lower than 1275 before the next breakout above 1300.
Quote from Amnesiac:
With all these threads of people making calls for an index not going above or below a certain price, I believe there is a market for the kind of products we have here in Germany.
You can bet on all sorts of outcomes with them, for example the DAX not touching 6000 before a specific date. Just FYI, here's a list of some of the products offered:
- HitHi & HitLo (price needs to hit a certain level)
- EndHi & EndLo (price needs to be above/below a certain level on exp. date)
- StayLo & StayHi ( price is not allowed to touch a certain level until exp. date)
- Lasso (price needs to be within a certain range on exp. date)
-Tunnel (price needs to stay in a certain range until exp. date)
And they're really easy to buy, no margin needed.. the banks here really know how to suck the money out of newbie traders..![]()
Do you have anything like that in the US?
Quote from Amnesiac:
With all these threads of people making calls for an index not going above or below a certain price, I believe there is a market for the kind of products we have here in Germany.
You can bet on all sorts of outcomes with them, for example the DAX not touching 6000 before a specific date. Just FYI, here's a list of some of the products offered:
- HitHi & HitLo (price needs to hit a certain level)
- EndHi & EndLo (price needs to be above/below a certain level on exp. date)
- StayLo & StayHi ( price is not allowed to touch a certain level until exp. date)
- Lasso (price needs to be within a certain range on exp. date)
-Tunnel (price needs to stay in a certain range until exp. date)
And they're really easy to buy, no margin needed.. the banks here really know how to suck the money out of newbie traders..![]()
Do you have anything like that in the US?