Just a few question with regard to futures? Interesting that DJIA was deep in the red yesterday, and within a few hours the DJIA futures was positive.... what is the reasoning for such a sudden turn around? Also, what time do SA futures markets open and close?
They reset at 10.30 pm our time..start of a new days trading.. so The green move of 350 points did not reflect a 3% turn arround it simply meant that from 10.30 till now the market has recovered by 50 points.
To be quite honest with you the less I watch the FTSE and the DOW (intraday) the more money I make..as Our market does its own thing a great deal of the time..When I watch them I get skitish and am much more likly to pull good trades out of the market.