how do you see the dow index going today Dow Jones and S&P commentary: Signal Watch Dr Bob Hard Right Edge Raptor Research Charting by Snoball: Dow Chart S&P Chart Drinks & Break Time at: GD's Famous Tea Room & Watering Hole"

DOW JONES @ LIVECHARTS

KEY EVENTS TO WATCH FOR:

10:00 AM ET. December Institute for Supply Management
Manufacturing Index (seen 61.0; last 62.8)

10:00 AM ET. December Conference Board Consumer Confidence
Index (seen 91.5; last 91.7)

10:00 AM ET. DJ-BTM Business Barometer for wk. of Dec. 20 (last
+0.4%)

2:00 PM ET. Bond market closes early

4:30 PM ET. Money Supply

Key Events and Commentary available earlier every morning, via MarketClub (http://www.marketclub.com/)

The STOCK INDEXES & MARKETS

The March NASDAQ 100 was higher in overnight trading as it extends
last week's rally, which led to a breakout above this fall's high crossing
at 1457. Stochastics and the RSI are bullish signaling that sideways to
higher prices is possible into early-January. Monday's breakout above
the early-November high crossing at 1457 has opened the door for a
larger-degree rally into early-January. The March NASDAQ 100 was up
9.00 pts. at 1480.00 as of 6:38 AM ET. Overnight action sets the stage
for a steady to firmer opening by the NASDAQ composite index later
this morning.

The March S&P 500 index was higher overnight as it extended last
week's rally and has broken out above the March 2002 high crossing at
1109.10. Multiple closes above this resistance level would open the door
for a possible test of the April 2002 high crossing at 1149.90 later this
winter. Stochastics and the RSI are bullish signaling that additional
short-term gains are possible into early January. Closes below the 10-
day moving average crossing at 1098.73 would be the first sign of
trouble for bulls. The March S&P 500 Index was up 4.30 pts. at 1114.90
as of 6:40 AM ET. Overnight action sets the stage for a steady to firmer
opening when the day session begins later this morning.

Asher-Many thanks for the emails and also if you dont mind can i have your permission to put it in the header on the dow index thread.We recognise your daily hardwork and i for i commend you.

rgds
zarif

zarif, why don't you post Asher's stats as a link and then those that use them can look at them using the link and Asher's site stats won't get updated everytime someone looks at this thread.
It also saves time when the thread loads.

.sorry pointless post.

Snoball -good idea can u give the idiots guide how to do it please.
I hope u have sobered up ( i am in the process but very slowly)Have got the longs on dow and managed 2 short scalps. just watching at present.Reckon will reacch 10600 on daily today as ftse is above 4500.

rgds
zarif

zarif, I've just gone to the site Asher posted. The stats are no longer available except by email. If you want them you have to sign up. It's free.

Me, sober up? What are you suggesting? That I drink excessively?
Actually, today is first alcohol free day in about a week.

I'm going to leave it now till about 8 o'clock to see how things look then.(i'm talking about the Dow, not alcohol!).

When you want to post a website on here, open it in the browser then copy the url from the browser Address bar and paste it into the 'link:' box under the posting box and press 'insert website link'. It is that easy. You will see the html code placed in the posting box.

tks sb.
No i was jesting as we all are having a good long run on dow and have injested plenty of liquid shorts - me i am on it with the whipsaws of the dow (the shorts i mean -hic !!!)

closed my Jan long for 10505 - 77 points.
That's it till next week I think.

I have a strange feeling of dejavu. I thought I'd posted this once but can't find the post.

Federal Bank Info.

Bookmark this link as the BullBear site now asks for a password.

Looks like we are in for a correction folks.

There again, maybe we aren't.
Should be an interesting week ahead.
Good nite.

Afternoon everybody:
Just got in to see that the dow is moving in positive territory today being the first main day of full week.The dollar is getting a pasting everywhere and gold is rising. What are your views for today. I reckon it will head north today and late in the day will start trekking south.It looks like its at a precipice and could fall heavily if it does-so trade wisely and keep tight stps.Go with the flow.

rgds
zarif

Afternoon zarif.
Just recovered from a graphics card failure.
I think your scenario is likely.
I'll pop in nearer the close to see what the market is doing.

The number of people I know that have large shorts, presume they were doing well earlier, but now :-(

Lw -regarding shorts or longs- I always say to everyone to put a minimal amount on first as a tester and then put with a normal stake and add to it as a "pyramid" that way is safer (says he).

rgds
zarif

I know what you mean. I started with 1 contract, now I'm up to 4, and so tempted to add. I think I'm going to have a snack, and then come back in see................

Looks like the dow is going to make a run for it!

lw; just closed the long at 10529. i think u r right about the rocket up -it has been doing that lately but since the long was on the daily one i decided to take the cash and amm watching to see if any opps come up.

rgds
zarif

Good for you.

This is the third day it has traded in this range. I wonder how long it will continue.
Isn't a rise in volatility (as now) a warning of a 'correction'?
Still flat at the moment.