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

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

The countdown has begun...
One chance to have a peaceful cup of tea before we set sail ( no long ships today i hope) just a Short cruise would be nice. Destination USA. Port of Call: Las VEGAS - The Casinos about to open !!!!!

Goodluck everybody and trade safely.

Remember the trends your friend - It is always easy to run down a hill then up.


rgds
zarif

Today's figures (in case anyone missed them):

8:32am 10/17/03 U.S. HOUSING STARTS BEAT CONSENSUS ESTIMATE OF 1.82M

8:30am 10/17/03 U.S. SEPT. HOUSING STARTS UP 3.4% TO 1.89M PACE

8:30am 10/17/03 U.S. SEPT. BUILDING PERMITS OFF 2.2% TO 1.86M PACE

8:30am 10/17/03 U.S. 5-MONTH AVERAGE HOUSING STARTS 1.84M VS. 1.79M

Thanks jeroo for the info

Whats your position today ( no not standing up or propping the bar -Chance would be fine thing).

Keep us posted
Just took a short out at 9790 dec Dow.

rgds
zarif

Wow! This volatility is scary!
Moved my stop down to break even.
(Im short Nove future @ 9779).

zarif, will add some comment to chart.
(I thought it was self explanatory, but then I would, wouldn't I)

Trin @ 1.30. Keep your shorts on.

Stop moved down my stop loss for a 19 point profit.
I've put a limit stop on for an 80 point profit as well.

It feels good to be in a win/win situation for a change.

Got to go down the launderette now.