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

many thaks Snoball and jeroo.
Am glued to the screen watching every minute move it makes.

The Men in black at play again.....


Oh just off the topic - On sunday this financial astrologer on sunday predicted that the market will collapse by 200 odd points Yesterday (14/10/03)afternoon. i hope he saw blue lights and Straight jacket brigade on his doorstep yesterday or did the stars disappear.

rgds
zarif

I'm off.
I'll be back at the close.

that was a landslide at around 19.40hrs and lucky for me managed to knock out the shorts.
I hope it makes atrek north now as have 2 longs on the go

rgds
zarif

Opened 2 longs before and just positve at present going to keep them open and see what happens tomorrow.

How was your day today?
Any surprises in store tomorrow.

Ibm results out tonight-Lets hope we trek in the right direction as they have taken their profit taking a bit today.

As they say "any port in a Storm"

Rgds
zarif

I am trying a position trade today - not my normal inclination.
I'm short the Dow with a November future at 9779.
I have a stop of course.

9743 on Dec Dow at 21.34 hrs.
Just closed the last short out in positive territory.
Have left the 2 longs running.

Will be off tomorrow till evening -will leave the stps tight.

goodnight all

rgds
zarif

Snoball:
I tried to paste the link of the graph in the header but didnot work.
Will u let me know and i will do it again as its very helpful

rgds
zarif

You got it to work then, zarif.
I'd better update it then.

zarif

thanks for the emails. info was useful. Harrogate too tall an order with the 3 little ones but when it hits south-east i'll be there.

enjoy your day off.

btw....why does the FTSE chart above look as it does today (ie 8......1030 time frame streteched right the way across chart) i usually see it gradually fill the bottom axis throughout the day????

t.

I think/hope its a case of how far will it fall today

How about 400 points..lol...

Welcome to everybody...!

jules99

welcome back.....

t.

Terod -

at 9804...where do u think it will go from this point??

Just had my first trade, short Dec Futures

closed for +36

Nice one, jeffmack.
Still short Nov future from yesterday.
Was sorely tempted to exit with a profit early in the day but am now back at break even.
I am practicing sticking to the plan so have to stay in for now.

Just got in... closed 2 trades I made earlier...but at breakeven...!could have made a decent profit but was out of house...not good with the dow...owww!

Moral of story today is you have to be IN-it..to win it...


Does anyone trade the ftse Index also..?
Traded three times now and with luck...usually 20 quid a point for 20/30 points max...

Less volatile but more predictable after a while, close spread and easy to follow also...

Zarif/snowball hope all is well...Tomorrow could see a US sell-off???

Dow appears to be running out of steam...pumping less n less...

If Dow does reverts what is lowest level that it could touch again...any thoughts?

all views considered...

13.30 US September Housing Starts 1830k exp.
14.50 US October Preliminary Michigan Sentiment 88.0 exp.

Morning all:
Went to gann trading seminar yesterday and met harlosh there.
I managed home in time to "Short" Circuit myself yesterday and managed a long aswell and closed all positions off in positive territory.
I think today is going to be choppy and We should have our short daggers ready as my gut feeling is it is going to be a "Dow-ner" before it heads north.

Jules -nice to have u back i nearly thought we lost you since u took the train to leeds!! (if it falls below 9725 then i reckon we will toch 9600,s before it makes north again.

Snoball: thanks on updating chart-we are all indebted to you.Only one suggestion -please do include your comments and analysis on it as it will help others quite a lot.

rgds to all
zarif

Afternoon all:
Since i was waitig with nothing to do as yet.I have decided to put on a few of my ramblings:

here goes:

Since i keep on using the analogy of a ship and us being the ship mates my idea is as follows:

"LEARNING IS LIKE ROWING UPSTREAM;NOT TO ADVANCE IS TO FALL BACK"

For our ship to reach destination safely we have to work as ateam and use each others specialities ( This is for Snoball -who with jeffmack etc have been a godsend.

"Chart is like a map,the more information each one provides,the better chance of our ship reaching its destination safely"


rgds to all
zarif