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

At least we know they are doing it and can follow them.

zarif,

looks like mom.divergence signal worked for us today. closed off long off just over 9710, well into profit but well below the final push up (didn't want to be greedy and risk a sudden down turn).

holding nothing overnight - will see how it fair tomorrow.


rgds.

t.

Terod:
well done you!!!!
Glad you held out and it paid off-great feeling isnt it?
I think it will go up slightly then they will take profits.
Best to wait till tomorrow b4 putting a long or short.
See what happens with the jap mkt and our ftsee -hopefully wont drag it down.
Watch the market and let it tell u what to do rather than predict its action as it always does the blasted opposite.

rgds andwell done again

zarif

hi everybody:
Just waiting for the dow to open.
I took out a short lastnight opening at 9715 and is in positive territory at present.
I think the market is going to slide down then push-up and hopefully give chance to take some longs when it bottoms out after the initial open.

the trin is at 0.67 13.15gmt


rgds
zarif

snoball - i bought the metastock from nick and cant wait for it to arrive and test it out.
boys and toys eh

will keep you posted.
good luck on trades today

rgds
zarif

SNOBALL

as you know about such things....how would you rate eSignal? they're offering it at special prices.


thanks for any info.

t.

just an update:
Closed out the short at 9687 just after open (9715-9687=28pts@20 is 560 gain) and took out a long at same time opening at 9703 and looking good at present.
Do you reckon we are going to touch 9800-9850 and then hurtle down with profit taking and Gdp results out this week sometime.

rgds
zarif

About 20mins ago knocked the long out at 9730 (opened at 9703 = 27pts at 20/pt giving a gain of 540)
Wow in Dow today - i am all hyper now and waiting for it to either peak or bottom out then take either long or short.
first of all take five and cuppa time.

rgds
zarif

hi y'all. I was out zarif so in answer to your question about e-signal - I don't know, I've never used it.
Check out these people for Metastock data feed: http://www.q-data.co.uk/

hi,
I took out another long just b4 5pm our time opened at 9719 and doing nicely in profit at present.
What topside do you think we will achieve as the trin is around 0.78.
dec dow around 9750 mark do you reckon will surge to around 9800 then take shorts down. if it touches 9775 then i am going to short.
Lets wait and see.

rgds
zarif

zarif

tend to agree, latest rally (1845h our time) is hovering around 9770....

t.

long at 9750 (opened at 9719)
It has taken a dive and what a spike up again.
watch the trin is around 0.84 and so should be bullish.
i think i am going to lock in profits as we move up

what do you think is the upside today.?
rgds
zarif

i'm calling it quits....made a bad call to go short (AT THE BASE OF THAT NASTY DIP) and therefore lost my profits from earlier.....

t.

oh no terod.
I closed out the long at 9758 when it spiked up.

rgds
zarif

bad luck terod. At least you recognised it as such and got out.

The Dow is approaching the point at which it started its previous downturn.
Hence the hesitant day, I imagine.

nite

I think u r right snoball.
I think i got out at the right time with my latest long opened at 9719 at clsoed at 9758 =39 pts at 5/pt =195.
I didnot do a big stake as have this gut feeling like last time that even though there are bullish signs/news it is going to go down like a sack of potatoes.


ps: thanks for the weblink that u supplied me before.I cant wait for the new toy to arrive.
As they say "We traders do it in Front of the Pc!!!!!!"


rgds
zarif

zarif, Investorease provides metastock EOD data for just over 10/month.

Diego

Ah, but he's got real time, Diego. The big boys toy.

zarif, i'm going to make a prediction (which I studiously avoid doing normally) as an experiment.
I am not betting on it.
Tomorrow will be a down day (but not sure if it will be a sack of potatoes day).
This prediction is based on today pattern at the Fibonacci level of 9776. See the chart.