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

1700 gmt and dow still in -ve territory.

1700 gmt and dow still in -ve territory.

ooops - i am sure i posted the above only once!!!!!

"Indices may top out today and begin correction."

How many times have we heard this since March?

If we traded this advice we wouldn't make any money.

Snoball - u r quite right as when i found it i was quite amazed (by saxo bank analysis) It illustrates the point of avoiding "noise" from so called gurus,Gloomberg etc. Go with the flow -we all know a correction is due but let the market decide aour actions and not to pre-empt it.

rgds
zarif

All we have to do is remember who is controlling this market and why.

Snoball can u imagine -Bush wins the election ( i am sure he wants to)and then all these problems that have been and are being swept under the carpet to deal with -surely just the thought of it is a nightmare.
Personally i think the fed press should send us a few "packs of the surplus ones that they have been printing for our personal verification to their quality"!!!!!!

lol, zarif. Yep, it would save us having to sit here watching the screen all afternoon!

The suspense is killing me. I'm off for a cup of tea.
Be back near the close.
Tight stop in place. Lets hope 10505 holds.

reckon the mm are going to rocket it up during the last hour of play as they have been doing lately?

It's not looking too certain.
I've moved my stop up to break even. If it goes well and good. If it doesn't, who cares? lol.
I've got 10520 as support on the 10 minute chart.
Anything can happen.

Looks like you're right again, zarif. New highs.

I'm off to watch some science on T.V.
Nite y'all.

Stopped out for zilch.

I think i'll wait for the open before jumping in again.

Ym auction is on -not much data due out today.Futures were -ve all morning.Just watching atm
trin 1.14

me too, zarif.

You know, this just may be a buying opportunity.

From the Feds:
Temporary Open Market Operations for January 07, 2004

The Desk has not entered the market today.

Sb just closed a short and am just watching atm

zarif, 10470 seems to be where support is for now.

Right, I'm long at 10484 - Jan future.
'bye for now.