look for a huge rally.....

[john_1]

Yes of course the esteemed chartist could not possibly be wrong.. acording to my chart the FTSE never came close to 5000 bar,close or other wise on the 25 sept as you claim.. Dont worry chartist we get the point.

[#2]

John...u have it all wrong my pugilistic friend...the 5000 level does not refer to a level on that day (25th)....it refers to a target level which when you extend the line across the tops forms the resistance for today...get it?...this is very basic stuff,,,quite frankly I am surprised...

[john_1]

I got that...I still think its 5058 that counts..But lets just say we both agree that there is a good chance that we rally.. if there is price action to confirm it..

[#4]

finally....err I think that is what is commonly referred to as being a ***** for a tick....if the netnanny is active that word was short for Richard

[#5]

You two are like an old married couple... Just Gayer

[#6]

John this illustrates why accountants make useless traders...try and think... in the minds of most traders where (clearly) there seems to be some ambiguity as to what exactly the level in question is which level will be more significant?....1) one where closes are used as opposed to spikes and a really significant symbolic number which (co coincidently) lines up with a line drawn across the closes?.......or a number which John the 1 contract trader has decided is the level? The fact that you have to even argue about this is beyond me.....I know I am a stickler for details but details where they matter....TA is an imperfect science of human behavior....as you may have gathered I have finished for the day ....I don't like trading Fridays

[#7]

Ah ....I see what u have done now...you have drawn a simple horizontal line....no man you cant just do that as there is no multiple resistance there...u have to draw a line sloping down across the highs ...I will make it simple for you connect 19, 25 Sep and 2 Oct highs (on the close of whatever timeframe u choose)...then extarpolate out a bit to around a few hours from now and all will be revealed....resistance lines can only be drawn across across 2 or more points...pref 3

[#8]

thats hilarious....only thing is now John isnt going to reply here....hes gonna be emailing me the whole afternoon...

[john_1]

Or you can simply trade the price.. The Alsi price that is..

[_nova]

DOW rally looks like it's already starting to stall. The pain is that the vote probably won't happen until every exchange east of NY has closed and then we stew over the weekend

[_nova]

amazing! It looks like Industrials and Base Metals that are lifting us. I wonder why?

[scandal]

take no overnight position... trust me have had my lesson the hard way..

[_nova]

Ja boet, I ain't touching this thing, it's about as calm as a puffadder on a hot rock. I ain't doing nuthing untill I can see next week

[scandal]

Nova you got an e-mail add i can send you some info on?

[#15]

God I am glad I made my profit early on.....this would be a nightmare to trade......

[scandal]

hey Chartist looks like 5000 on ftse will be reached.. you still think it will drag us higher ?

[#17]

yeah...but we running outta time.....it will happen while the market is closed....I will not be taking the chance though

[_nova]

scandal, use [email protected] Chartist? How was that setup on the DOW man? I'm so very glad I stayed out of this. DAX and FTSE are going to tank Monday if this continues. That whole rally was just bitterenders getting out on the bounce. Lets see where the DOW closes?

[#19]

why a nightmare to trade ???? This was real easy money C ! FSTE lead we follow easy !

[_nova]

Hennie? you better think about this one! He is right! See my post at the bottom