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

lol. been a good day. closed my short for a loss and made it all up with some longs. still one long open so hope we get a rally before then end of day.

Hello guys - Zarif is back again. I ws off for a few days as had creamed the dow last fortnight good style so the pocket was burning.!!!!!Thats what happens when the Handbrake finds out!!!!!!!.

I had a long open which i closed earlier and am short atm from 10565.
The long on the euro is paying well and the cableUSD is in good stead as well -have just locked in profits and letting it run.

Snoball -reuters Heh? trying new pastures -thats good as u dont need to put all eggs in one basket -but remember DONT overtrade. Let me know how it goes. Got your email will update at EOD.

Javaid -nice to be remembered -thanks mon ami

I have this gut feeling that at about 19.30gmt onwards the DOw is going to sell off -just a hunch -lets see or will have to do some evasive manoevers.

rgds
zarif

snoball -have u tried DIA as stock that tracks the dow very well - i am going to look into it in detail from monday - unless the monster slays me today

Snoball just noticed your post in the cafe: there is no DAX thread in the TB.

Hey zarif - welcome back.
No don't know about the DIA stock - please explain. Can I spread bet it.
No I couldn't find a Dax thread - thought about starting one but don't think there is much interest so if I do anything on it I will post here.

I'm not convinced there will be a sell off. There is a lot of support under 10450. The men in black are beginning to pump again - not much but they are there.

greetings zarif. nearly forgot you existed.
i am getting ready to sit down and watch a dvd so will speak to you guys come monday.
i dont know if the dow will go down much from here today as all three markets look quite strong but you never know.

have a good weekend everyone.

Is this the DIA you meant, zarif?

hey snoball - remember i was asking that something was happening on the 11th. well it is greenspan talking so from past experience i might look at doing a short and a long (after he has finished talking unless he has given bad news)

Morning all.
I'll be watching with interest zarif.

hi everybody.
Snoball have updated the chart link
I have got a long and short open atm.
With John snow (not snowball) talking it usually takes a nose dive -the effect some people have!!!! - so will watch closely.
Also i think greenspan is talking tomorrow.

rgds
zarif

zarif - when is snow talking?

Quiet in here. Just like the market.

Hi snoball had a short pre-open which paid and am long atm.
I think greenspan talks tomorrow so shall close the long today as he has this effect of making it drop!!!!!.

rgds
zarif

Morning.
Anybody betting on 10700 today?

not me! greenspan talking today. will wait until after he is done to work out what i will do. if dow goes up prior to him talking then will do a down i think.

Lol! Good luck javid. I'm still trying to get my Reuters long to get into profit. I'm hoping the Dow/Ftse will help it.

Does anyone know what time(our time)Greenspan speaks please?

already have a long going and open a short now. i think greenspan speaks aftrnoon us time so that would be 5pm onwards. if anyone knows exactly what time he is due to talk please mention it on here. would be useful to know.

good luck to all today!

I think greenspan opens his mouth at 4pm our time so am long atm and will close before that -hopefully as has a tendency to drop it down.
Snoball it can go to 10700 today -but with Gspan i am dubious -better to be safe than sorry -there is tomorrow anyway - Hows Reuters doing are u s/betting on it or sharedealing? Can u let me know the mechanics as not to hot on shares.

rgds
zarif

trade safely and wisely.

Afternoon all.
zarif, I'm spreadbetting Reuters. I'm not too hot on shares either. The mechanics are much the same. Bet a 'buy' if you think it's going up and a sell if not. Because shares don't move as much as the Dow, for example, you have to bet more per point to get similar profits/losses. I'm not day trading Reuters but watching end of day prices/trends. I think shares like Vodaphone are more suitable for day trading as they are more volatile, with smaller spreads.

The thing to watch in trading shares, rather than Indices,
is to make sure you pick stocks with good liquidity and
tight spreads.

It's no good buying a share if the liquidity is so low
you have trouble selling it again and exiting your position
without getting a lower requote.

Look for high volumes and narrow spreads. MaM Stockwatch will
give you the volumes and the % spread on each stock.

Melnibone.