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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: GraceZ who wrote (15205)12/2/2002 12:17:09 PM
From: Steve Lee  Read Replies (1) | Respond to of 19219
 
wot indicator are you talking about? I am tracking the manipulation. The pre open futures rise has already happened before I spot it. I short it at certain times of the morning and hedge with going long FTSE futures. The initial pumps last between 5 and 15 mins and then die off until the next one. The FTSE just follows with a lag.

Only tends to happen just below a support level or before bad govt numbers. Doesn't happen when the numbers are good.

Doesn't conform to any indicators I have read about or heard anyone else mention.