CME Nikkei 225 (Globex) is down 180 & IMVHO is headed much lower in the VST...

Hi everyone, here is the CME Nikkei 225 (Globex) chart.

Cheers,

Bob-C

Hi everyone, here is the CME Nikkei 225 (Globex) chart.

Cheers,

Bob-C

Gone +ve Bob, there are really too many bears it's trading at too big a discount to cash to enter shorts. Wait for the mighty rally for a short entry

Hi everyone, here is the CME Nikkei 225 (Globex) chart.

Cheers,

Bob-C

Gone +ve Bob, there are really too many bears it's trading at too big a discount to cash to enter shorts. Wait for the mighty rally for a short entry

Hi porsche911sg, thanks very much for all your comments, suggestions, and analyses here and in all your posts. Keep up your good work. GLTU.

Cheers,

Bob

Hi everyone, here is the CME Nikkei 225 (Globex) chart.

Cheers,

Bob-C

Gone +ve Bob, there are really too many bears it's trading at too big a discount to cash to enter shorts. Wait for the mighty rally for a short entry

Hi porsche911sg, thanks very much for all your comments, suggestions, and analyses here and in all your posts. Keep up your good work. GLTU.

Cheers,

Bob

Bob,

you been doing very well.I think market are all heading down but we need a good entry point. The scariest thing that could happen is a +ve close
on nikkei today.... a monster rally will be brewing for a few days. Than i'll probably wait out for a turn to get short. I believe your comment were
truly correct.

Cuurently pivot point for nikkei is 8700+(cash) trending high if it holds.

Hi everyone, here is the CME Nikkei 225 (Globex) chart.

Cheers,

Bob-C

Gone +ve Bob, there are really too many bears it's trading at too big a discount to cash to enter shorts. Wait for the mighty rally for a short entry

Hi porsche911sg, thanks very much for all your comments, suggestions, and analyses here and in all your posts. Keep up your good work. GLTU.

Cheers,

Bob

Bob,

you been doing very well.I think market are all heading down but we need a good entry point. The scariest thing that could happen is a +ve close
on nikkei today.... a monster rally will be brewing for a few days. Than i'll probably wait out for a turn to get short. I believe your comment were
truly correct.

Cuurently pivot point for nikkei is 8700+(cash) trending high if it holds.

Porsche99sg, thank you for your generous comments. Thanks also very much for your excellent advice and for providing the key Nikkei pivot point.

Go get 'em porsche911sg!

Best,

Bob

Bob, Just a quick note the difference in CASH to futures has narrow the difference yesterday was in a range of 100-120, today spread cash to futures has narrow to 80 to 90... If you are short and the spread narrow that alone can kill. I've seen spreads change from 200 in crash to 0 points in days. Nikkei is always know for their crazy rally if you can get a reasonable entry point for a short poisition on down trend sudden out burst of 5-10% on single days happens wipping out everything. Cheers and happy trading.

Bob,

Just a quick note the difference in CASH to futures has narrow the difference yesterday was in a range of 100-120, today spread
cash to futures has narrow to 80 to 90...

If you are short and the spread narrow that alone can kill. I've seen spreads change from 200 in crash to 0 points in days.

Nikkei is always know for their crazy rally if you can get a reasonable entry point for a short poisition on down trend sudden out burst of
5-10% on single days happens wipping out everything.

Cheers and happy trading.

porsche911sg, thank you very much for your very wise and well-stated advice. You are right on target; playing the futures and especially the Nikkei futures can be hazardous to one's financial health if they're not very careful and cognizant of the wild Nikkei futures roller coaster and the associated Nikkei futures cash spread. Thanks again for your thoughtfulness.

Best,

Bob