Tuesday, July 18, 2006

Futures trading 18-Jul-2006

After watching first half an hour action of TIMSCI (MSCI Taiwan), SIMSCI and Nikkei futures, I will be interested in looking at Short side of TIMSCI. Nikkei Futures is losing more than -200 points, it is a little bit tough for me to be bullish. SIMSCI is having some upward movement, however, I am not keen in Long, at least at this point of time. It is likely to be choppy (with light volume,very much possible). I will be reviewing the situation of SIMSCI in the later of the day.

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