Bulls, Bears & The Lion

[aditya14]

I have gone short today aplenty so hope we crash and burn from here on....

 

[trader.trends]

I have gone short today aplenty so hope we crash and burn from here on....

What was the basis for shorting aplenty? If it sustains above 5110-20 the rise can be sharp and brutal. Have your stops tight.

 

[aditya14]

What was the basis for shorting aplenty? If it sustains above 5110-20 the rise can be sharp and brutal. Have your stops tight.

Speculative bet and also by looking at the volumes in this upmove.We will not close above 5100.

Yes stops are in place and iam already up 7% on my capital.

 

[findvikas]

Supports for today in NF.... 5060...5030...5000...4946
Resistance for today in NF.... 5090...5125... after that there is no big resistance and can move all the way till 5250-5265 (ofcourse may not be in a single day)

 

[findvikas]

It looks like Hungary is promising to default and the Euro is going to test 1.20 today (I think it will break). Given this, I guess NFP doesn't matter and we get a selloff no matter what the number. Although US Futures are giving a scalping opportunity and I am interested to BUY for near 200 points gains. May be we open near 10300-10320 and then decide to sell off.

 

[nimish_rulz]

Disappointing Job numbers way below the expectation Dow future jumps from -40 to -150 in 3 seconds. Unemployment climbs to 16.6% and NFP is at 411,000 instead of expectation of 500,000 a drop of massive 20% from expectation.


Rumours in Europe that Societe General one of the biggest french bank has made a huge derivative loss. Besides Hungary's ex government manipulated the fiscal number and new government says there is a loop hole. Markets tanked as soon as the statement came out.

 

[findvikas]

Disappointing Job numbers way below the expectation Dow future jumps from -40 to -150 in 3 seconds. Unemployment climbs to 16.6% and NFP is at 411,000 instead of expectation of 500,000 a drop of massive 20% from expectation.


Rumours in Europe that Societe General one of the biggest french bank has made a huge derivative loss. Besides Hungary's ex government manipulated the fiscal number and new government says there is a loop hole. Markets tanked as soon as the statement came out.

Unemployment rate fallen from 9.9% to 9.7% which is good.. but these numbers are worth sh*t they are leaked before. I had dealt with someone from NFP department on a software consulting project... (part of my job) and he agreed that they know the numbers well in advance may be a day or two but they are highly confidential to get leaked... yeah and I sounded like I bought what he was trying to sell

 

[nimish_rulz]

Unemployment rate fallen from 9.9% to 9.7% which is good.. but these numbers are worth sh*t they are leaked before. I had dealt with someone from NFP department on a software consulting project... (part of my job) and he agreed that they know the numbers well in advance may be a day or two but they are highly confidential to get leaked... yeah and I sounded like I bought what he was trying to sell

U.S. May U6 unemployment rate falls to 16.6%

Source: http://www.marketwatch.com/story/newsviewer

Hence I said that....lol

 

[findvikas]

Resting safely on the lower support...

A close below 10250 is good for bears, a close below 10350 is still hopeful for bears and a close above 10375 will bring fear for bears.

 

[findvikas]

Nifty..???