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

Afternoon all:
Data Coming out Us at 1.30pm.
Think like a crook and maybe they can turn around from yesterday is my opinion.I think we will have "pop and Drop" or Drop and pop.Watch the action and trade what you see. My outlook is to short the rallies and scalp my way.
rgds
zarif

Afternoon all:
Sea of red today on the European bourses and Ftse.
So what are we going to do on the Ym today?
I think my views is Gap Up (or Down) open and then head lowe till around 12am Est and rally up towards close 9could be the other way round).This is my view and it can change with the wind.
Snp probably going to play Ball from -3 to +3 (maybe +5) level.
good luck trade what the market is doing.Also the Big decision fron greenbum tomorrow.
rgds
zarif

Afternoon zarif. Just checking if any cheer here. Thanks

apologies if this has already been talked about but does anyone use a good end of day charting package for us stocks. my trading technique doesn't require thousands of different indicators or a live feed so a simple package or web site would do the trick. A scroll through function of a set list of stocks, similar to sharescope's, would be really handy. thanks in advance.

Eric, try stockcharts.com.
Not only does it have the usual US stocks but also the Indeces plus some indicators of their own devising like the Bullish Percent link here. A very useful site. It's free too.

wake up you lot!

Morning all:
Snoball -u r right in your post - WAKE UP EVERYBODY - and keep posting (that includes me aswell!!!!
Was yesterday a one day wonder i wonder?
The volume was really thin and they can move it around to manipulation very easily.
Trade wisely and safely.
rgds
zarif

A short at yesterdays close, with a tight stop might be a trade worth trying today. If one should be so inclined.

Afternoon all:
The YAnkee market (call it the casino0 going to open in 18mins.
My view is that we will get a pop up and drop.
Also to watch that if we dont get a reversal rally up after 16.00gmt than the odds are that it will drift lower all day -But as usual my strategy can be blown out by the wind. Nag .Dyor.
rgds
zarif

A 90 point drop at the open. Pity I didn't put money on it.

Snoball Managed to get the short at open and the long at 15.30 and am out now.
Just watching

Hi guys, I had a good long on Monday that I opened late Friday. Stayed out yesterday and today. Whats your take on tomorrow, modest fall IMHO. Any of you trade on the price of oil - time to go short?

Hi Baughfell.
Welcome to the Dow thread.
I have the long term trend as bearish on the Dow.
Timing the short entry is tricky though as we seem to be in a retracement.
I have 9828 as support for now.
Dow Chart

I haven't been following the oil prices but PMO has been doing well lately.

Cheers snoball, DJIA just closed down 123 with oil at a new high. Volatile times, even a modest punt today would have given a good return.

Keep up the good work Zarif, Your close mate. You will have to get that cam and card to me soon.

Hope you bet on it Baughfell.

Hello everyone:
Nice trading yesterday. As i keep saying Dont try to pick the tops and bottoms as you will end up with "sticky Fingers".
The Trend is Down atm -so dont try this Contrarian thinking as being one of them can be a lonely status!!!
The strategy i am using is Shorting the Mini Rallies and if its right to be out as a scalper well and good. On the other hand if it tanks like it did yesterday then lock in profits and take it at the end.
So today what is my view? I think we will have rising prices and maybe towards the end sell off (or the other way round).
Dont think of bull or bear trend -BE in the Right Direction and position.
rgds
zarif

Cricket -emailed you in the morning.

I think we should expect some upside above 9815 on the Dow. If the futures haven't already gone there.

Looks like the Dow traders have gone off to the Hamptons for the weekend.

Snoball - very quiet on mam atm.
The black Stuff reached 46.65 at around 19.30gmt. i was long from 45.30 so am happy for now.
Regarding the dow will have to watch monday to see whats going on. Just been scalping and managed a long and short on cable.Now flat on all trades except oil - Which hopefully will close asp on monday when it opens at 15.05 nymex.
have a good weekend
zarif