Day 23
DOW down 206 points on concern new disclosure rules for US banks will reveal further credit losses and record oil prices will curtail earnings growth.
Bought 1 more NK at 14025 at start of trading, almost at day high. S&P futures up 1 at 2.35 pm. Will see how HK noon session and FTSE perform.
Update ( 5.40 pm ) :
Executed the above trades for profit of 40 points during NK (T+1) session. S&P futures up 4. Need to sell cause already had 2 long positions.
Hope you enjoyed the long holiday break - very difficult markets so far this week, both here and in US - no real direction, lousy volume…
Well, I was a bit unclear; tomorrow is obviously SQ day, but today is the last day of trading, which i think might explain the dip at the end. Tomorrow morning may be interesting, especially if NY opens stronger, as I expect. I went long at 13920 in the evening session, so we’ll see what happens.