closed a short out before as is stagnant around -98/100 and am looking at the screen now.
Do u reckon it will shoot up at the end - i have this sickly feeling that it might.
to b honest zarif dont know..feel it may fall a bit more like 2 c -160 then c what happens in last hr.the last couple of weeks the dow seems to sell off friday into mon then reversal of 50/60 points by wed/thurs
closed a long out near the end for 27 pts x 5 = 135.00.
I think i should have waited to get more points -but with this monster best to take the cash.
reckon it will drop overnight????
Zarif
I am looking for R1 to be retested (9774)think the Trin was well over cooked yesterday peaking over 3 and closing circa 1.8, think it will be very whippy on the way and dependant on 1.30 data. I'm still long from yesterday (9669 & 9647)
both bought on the way down did not expect a test of S2 however courage paid off. Have wide stops in place which still lock in my daily profit objective.
thanks for the link
I think the Dow will close tonight somewhere close to the its support of 9625. Maybe opening around 9720/30. So I'll probably be looking to short. But I shall follow the trend.
Diego: sound advice. I have got three shorts from yesterday after market close opening at 9694 9672 9634 all at 2/pt. I think same as u that it is going to go down hill. Looking at the daily candle chart yesterday had three blacks( i small, 2 big ) so i wonder if u can call it a crow pattern which is bearish.
Diego: sound advice. I have got three shorts from yesterday after market close opening at 9694 9672 9634 all at 2/pt. I think same as u that it is going to go down hill. Looking at the daily candle chart yesterday had three blacks( i small, 2 big ) so i wonder if u can call it a crow pattern which is bearish.
About half an hour for the Yankee auction to begin.
Watch the auctioneer carefully as they might be taking the bids from the aisle and the chandelier!!!!!
Also in my opinion i hope it goes a lot more DOWn than Monica lewinsky ever did!!!!!
zarif
zarif ill stay on here ive really got no feeling feel we do need a break of 620/750 to give us some real movement but my hunch is lower first.
Indexes trade higher off lower trend lines.
10:00 AM EST - The indexes have opened up and are trading higher off the lower trend lines seen in the 60 minute and Daily charts on the NASDAQ and OEX, and the lower boundary of the expanding range on the Dow. We expect to see a continued move higher, but will post on any signs of a reversal. The following are the lower trend line levels: