share market boom

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In the meantime go long the SPI and S&P500 on either Friday 17th or Friday 31st Oct.

Bill

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Bill,

I’m actually dying to take profit on longs and short the SPI. The market is at key resistance levels right now and we have had 9 up days in a row in the cash market; a reasonably rare occurance.

We have enough room for a down swing before both of your dates……but I am interested in your reasoning for going long on the 17th or 31st.

I must admit my key resistance ares are looking shakey…ftse at 13 month highs and S&P futures will open with green ink.

I’m happy to keep my longs but getting an itchy sell finger.

Wayne