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FTSE +2

DAX +10

DOW +23

S&P +0.1

Nasdaq +2.5

1 Day 2 Day 5 Day - UK News	FTSE 250	FTSE Small Cap	FTSE TechMark
1 Day 2 Day 5 Day  Futures US news	Nasdaq 100	S&P 500	S&P Futures
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London Traders Day 29th January -   Traders Room    Investors Room

News:	Sorry Your browser is not java capable
Ebookers Online travel agency says its gross sales for the December quarter beat market expectations and January trading has begun well across most of its business. Courts household furniture said the weak dollar had hit sales and it was reviewing strategic options. Monsoon fashion retailer said sales in the five weeks to January 3 were two percent up on the previous year, in line with its expectations of its Christmas trading performance. News will be posted at approx 7:35am

Calendar: United Kingdom	United States (GMT)	Europe & World (GMT
Monsoon (I), Sanctuary Group (F) Ebookers Trading Update 00.01 Jan Rightmove House price Report	CLOSED The stock market will be closed in observance of Martin Luther King Jr.'s birthday,	Infineon (Q1), 07.00 EMU Dec German Produce Prices m/m flat exp. 11.00 EMU Nov Trade Balance 7.5bn exp.

Croc@SnappyTrader.com  WWW.SnappyTrader.com

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Always read the thread and enjoy hearing other folk's views, Croc.
Helps to curb my sometimes over-optimistic belief in my own positions. :-)

I think there's something for everyone here. There's up to date
news and peoples different take on it.

There is a good blend of posters ranging from experienced 'Old Hands'
to beginners.

You get an idea which stocks folk are looking at to either rise
or fall when they give information about what they are long or
short on and why.

It helps to chat and share views so that you do not sit in isolation
repeating past mistakes through poor strategy and bad money
management.

What's pleasing is that we can share opposite views on the same stock
without resorting to juvenile name-calling or egotistical put-downs,
just using good-natured banter and leg-pulling instead.

If there are any lurkers or 'newbies' who haven't plucked up the
courage to post a view or a question, give it a go.
Don't be put off by the odd 'prat' you read on other threads or sites
who'll try and score points off you with a smart remark,
it's them that's got the problem, not you, they're just trying
to bolster their own fragile egos.
Give them a pat on the head, tell them that you understand
and wish them a speedy recovery. :-)

Melnibone.

hi croc and thanks for your effort.

This thread is most appreciated I am sure by many on the board Croc
including me. My thanks to you as a gentleman for putting up with this
bunny's odd thoughts, strange trading strategies and at times
daft humour on your thread!
I am delighted to be able to pop in at times with coffee & do'nuts
and share thoughts and ideas with the regulars.

Hi David, still reading the thread. Traders meeting on 29th looks interesting but I am too busy to make it unfortunately. Thanks again for your efforts.

Mike

Hi Croc,

Echo all of the above.

Good trading all, on what looks a quiteish week over here(reporting wise),but a fair bit more from the states, might have some impact over here...just like it used to and not the 20 or so PTS movements we have been getting.

Regards

Stan.

Hi Croc, Read your thread every day,very helpful,appreciate the effort you put into it.thanks.

Out of lurk mode to say Hi Croc and thanks for the thread
am looking forward to the London Traders Meet.

Croc,

Great thread as always, helps me to focus on what i plan to do in the forthcoming week. Keep up the great work - it is appreciated by an awful lot of us

brilliant-cheers

Testex, agree re Playboy!

both this and snappytrader are among the sites I visit the most.
many thanks for your invaluable help

Hi Dave, Thanks for keeping us all updated on the market. Just read your thoughts regarding 'market robots', most interesting article.

Croc
As a late entry onto this BB I am really impressed with what I have seen so far. Apart from your good and able self there appears to be some bright and interesting players. I hope you will allow a slightly worn old fashioned gut trader to glean some info from you and perhaps contribute something of value in the near future.
Thanks

Thanks all, Welcome phil and all the new posters to the traders thread,
D,

May I correct a small mistake: Investor's Chronicle (on their website) have Hilton down as a SELL not a buy.

You are a must read every Sunday evening. Thanks a lot.

Hi all,

Was going to leave dropping by until before market open (if I remembered to wake up in time!) but as I'm pleased to see all the visitors to this thread (please don't be strangers anymore!)I just had to drop in and say Hi.

Life just wouldn't be the same if this tread was only accessible in the traders room.

Anyone got any thought on BT.A for next week? (I was reading that they aren't hitting targets for getting enough Broadband customers, but I've been told by someone in charge of engineers who install broadband for BT customers, that they cannot cope with the orders they are receiving, so getting more customers is not what they need at the moment!)

MONDAY FTSE PP (DJ CLOSED)

R2 4514
R1 4501
PP 4479
S1 4465
S2 4443

Close was above Fri r1! 2 day ftse chart targeting 4500, unless a break of uptrend at 4475 to 4460! All about Dj 10600/550 for direction imho!

WEEKLY FTSE PP

R2 4531
R1 4509
PP 4470
S1 4449
S2 4410

For next week if this week has been anything to go by then tricky, volatility down by 40% at least! 3 month uptrend channel lower at 4410 s2/upper 4540 abnove r1, ftse close roughly in the middle, more consolidation next week or was this week the consolidation for a brk? Either target achievable imho for next week, ftse over bought atm so maybe a pullback and rally to the highs, imho a test of 4450 and a touch of at least 4510 for next week!

Updated 1/16 for Tuesday's market.
Key DOW Levels for 1/20
UP Above 10,600
DN Below 10,550

At Resistance
Dow holds at highs, stays beneath key resistance.

From prior commentary, "...The index has now formed a wide trading range, which will likely contain the Dow for a while...A solid upside break through the top of the range and through the key 10,600 level will indicate another advance in the medium term..."
The Dow pushed higher at the Open and stayed near the session highs throughout the day, as seen in the 15 Minute Chart. However, the index was never able to break through the clear and solid 10,600 resistance level, seen in 15 and 60 Minute timeframes. The Dow held at this level throughout the session, further defining the clear fulcrum.

Watch 10,600 closely Tuesday, as a move away from this level will likely be swift and powerful. An upside break through it will make for another medium term uptrend, while a downside reversal off it will push the index back toward support at 10,375. A break below 10,550 will likely spark such a reaction.

Short Term Dow

Short term, the Dow is holding beneath the a clear short term resistance level at 10,595, seen in the 5 Minute Chart. Use this level as a fulcrum at the Open: Long above, Short below.

Medium Term Dow

In the medium term, we are still out of the market, as none of our entry levels were triggered. We will continue to watch 10,600 up, and will look to enter Shorts below 10,550, with 20 point stops.

NASDAQ & S&P

The NASDAQ and S&P each trended steadily higher today, which each pushing through the upper boundaries of their respective ranges. Look for further upside movement above resistance Tuesday. *

Summary

The Dow held at the highs throughout the session today, but continues to hold just below major resistance at 10,600. An upside break through this level will likely spark a solid upside move, while a reversal will make for weakness. Watch this clear fulcrum Tuesday.

morning croc and all.
Cold crispy morning today - hope the stock market is nice warm and friendly to us all today.

rgds
zarif

mornin all