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

got a small short on from earlier which is looking okay so far.Lets see what happens after 6pm onwards.

Ym -open and i think it will try to push higher than possibly trade sideways and then possibly lower at the closing one and half hours. Lets see what happens. I am just watching atm and will see what its doing after 6pm and definitely 19.30hrs onwards.

rgds
zarif

managed 15 points short on the dow at 7.30pm onwards. just opened a small long hoping for a bounce.

Read kyoto's slant on the US market in todays traders thread.
Very interesting.

snoball

point me in the direction of this article please

orky

orky look for 'crock' epic for19/7 on traders thread then post just

after header

Traders thoughts for week ahead

snoball

I have looked for 'croc' epic in the investors room (not traders room as I do not subscribe) for the 19/7 but am unable to see anything. Am i in the wrong place?

Try this link orky

http://www.moneyam.com/InvestorsRoom/ShowPostList?fID=1&tID=3461&from=1

Look for 'Trading thoughts for the week ahead'.

hello all:
Dow breaking 10k level today in early trade and still no help from the big boys.
I think better to watch out for whipsaws and imho reckon will take direction proper after 18.00hrs and 19.30 -21.00 i reckon will have a waterfall down -well i hope it does.

rgds
zarif

Waterfall Alert occurred on the 9th.
Thanks for reminding me zarif

Fischers Waterfall on the Dow

So far good day: Managed a good short on the dow. then a long and am just watching now.
Closed along on the cable earlier after tearing my hair out yesterday and got out today with a 30pip profit in that trade.

rgds
zarif

Zarif

Had a good day today with 129 point gain on dow with a mix of shorts and longs. Waiting to after 7.30pm we will see a further sell off.

orky

andy I am sending you an email.
Maybe it will help in the decision and timing process.

rgds
zarif

currently short dow. Will see if it tanks till close or will hold it with a wide stop.
Time will tell, and if it goes against me will have scars to prove that I had been in the fray.

Wonder what the dow is going to do to us today.
Imho i think we will see higher prices in the beginning of session and then from 16.30 to 19.00 will be not going anywhere but sideways and then hopefully a sell off in the last two hours but more so near the last hour with a spike up around 20.30gmt.
But then again it can do anything and still be right.The best strategy in my opinion is to short the mini rallies -remember the old adage "the trend is your friend till the end until the bend" so dont go to bottom picking as u will end up with smelly fingers!!!!!!

rgds
zarif

Zarif

I agree that the dow will proabably sell off tonight, but lets wait and see

orky dow testing 9950 at present.

Hi Zarif & Orky

Have been trading/learning the dow for the past couple of months and have followed your excellent posts with great interest.

Had a reasonable June due to trading in a rough range between 10300 & 10400, but can't seem to get my head around spotting a short trend. Therefore, have been sitting around in July with my money firmly on the sideline waiting to come in and play.

Can I ask you two questions:
~ Do you have any basic tips or strategies which you feel I should adopt &
~ How low do you think the dow can tumble?

Once again, excellent and informative posts and very much appreciated.

Regards.

Mark.

Marc

I think Zarif is best placed to comment, but good luck anyway

Mark, check out the Dow Chart link in the header.
Let me know what you think.