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

javid,

i had a quick look at RTD. Definitely bullish but I have to update my end of day chart to get a better idea.

sb.

nite y'all

o.k own up. who's long and who's short on the Dow.
i'm long.

Hi guys - The Ym is closed today but am just looking as trading against the computers might be fun. I have got both long . short positions open on march. I think the Ym tomorrow is going to go south first on open tomorrow and then within half an hour or so rally up and above to 10670 if that is taken out then 10700. So lets see what happens -this is just a hunch from me -or will have to invest in a new crystal ball to gaze at!!!!!!!!

rgds
zarif

The Ym au8ction opens in an hour and there is going to be some results coming out today incuding national housing figures.
Lets see if my guesstimation was right from yesterday. Are we goingto reach 10670-10700 today or taking a hike downwards??? All will be revealed soon but trade safely as we dont want to be the victims and remember "stops" are our friends.

rgds
zarif

KEY EVENTS TO WATCH FOR:

10:00 AM ET. Weekly Export Inspections Report for Grains

1.00 PM ET. January National Assoc. of Homebuilder's Housing Index
2.0(last 70)
4:30 AM ET. ABC/Money Magazine Consumer Confidence for wk. of Jan.
17 (last -7)

My long is looking quite sick at the moment.
Hoping for an end of day rally before my stop gets taken out.

as long as the presidents speech goes well then i would think we will see a rally before end of day. i hope so anyway.

javid

Shorts very healthy and dow still negative with about 8 mins to close. I closed the long of earlier in the day so had a good day today.Creamed the dow well and proper.

Well done zarif. You got all my money. :-)

The Ym opens in about 40 mins -Lets see what it has got in store for us. I think we could have a mixed day giving both long and short opps.Remember dont pre-empt the market let it show its hand first.

KEY EVENTS TO WATCH FOR:

7:00 AM ET. MBA Refinancing Index (last +25.1%)

7:45 AM ET. ICSC-UBS Store Sales Index for wk. of Jan. 17 (last -
0.4%)

8:30 AM ET. December Housing Starts (seen -5.8%; last +4.5%)

8:55 AM ET. Redbook Retail Sales for wk. of Jan. 17 (last +0.3%)

rgds
zarif

zarif, did you close both your positions in profit yesterday?

Yep -Just lucky i guess. and kept the shorts to the end near enough.
Lets see what it spews out at us today.
rgds
zarif

was on it way up then bush started talking and i went short. woohoo! thanks bush.

I'm long DJ, not sure how long I should hold.

i got a long position for a couple of months now. looking to close that this week. in between i have a few long and shorts for day trades. works well for me.

I was`using stops, but they kept kicking in too early! May try again, but will put in place with a bigger gap - so hopefully will only kick in if price actually falls rather than drops and pulls back!

Dow seems to be fighting hard to get through 10,600
and there's still two hours of trading left.

If it fails to break above it I can't see it staying up
here until the close.

I wish it would sort itself out, I'm trying to work out
tomorrows FTSE strategy.

How can the US keep pricing in even greater revenue?
It's already priced in more than we're getting.

I'm starting to think that we may settle into some range
trading soon rather than trending.
There's got to be a limit to the risk that the US pundits
can spoonfeed to Joe Sixpack. Hasn't there?


Melnibone.

Look who is their president! I think you may be thinking with too much logic, which they don't seem to be in the US.