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

to all the boffins:
the flwg trade is from courtesy of angela parkinson (one of the speakers at harrowgate)

It's a sell on Munich-re and Allianz, Munich sell at 102.5 Dec and Allianz at 93

I think i am going to give it a shot and see what happens.
let me know your thoughts.

Indexes pull back off highs. Watch for a move to lower trend lines.
10:55 AM EST - The indexes have are trading lower off the highs seen in the 5 and 15 minute charts. We could see a range formed here at the lows above the lower trend lines. Watch for short term move lower to the major lower trend line levels, listed below.


Dow - 9,650


NAS - 1,900


OEX - 512.5


NDX - 1,381


SPX - 1,037

Just back from clarinet practice. Seems not much been happening. Decided to short at 9725.

Diego

Diego, Thats the same as me. Lets hope we are right.

ARC

Don't like this at all ARC, if it hits '30 i'll jump ship

D!

Well it just did for a jack flash, now back down to 9723, i am not sure what to do now !!

ARC

I'm holding for awhile. The bollinger bands are narrowing so it should break out soon, I hope.

D 1

It is a struggle being a Bear when there's so many Bulls about, I can tell you.

D!

trins at 1.11 so think it will fall the lowest trin today so far has been about 0.7 when it touched (kissed - ishould say)9750 and then got smacked down.
rgds
zarif

9725 looks like it's holding. Two attmepts failed. The bulls might give up at this stage and join the bears. Let's see.

D!

diego -same as me sometimes u have to stand away from the herd. BTW start putting lead weights on it so we can pull it DOWn!!!!!

ARC, I think we have lift off, or is lift down?

D!

nice link to market screen -just found it will check it out properly after the auction.

hope it goes lower than monica lewinsky!!!!!!!http://www.marketscreen.com/report/index.asp?chp=overview

Diego, Yes i think you are right about that. well held .

ARC

trin 1.35 at 17.02 and bollinger bands open ( i wont say like what) but hope the bomber keeps diving( -no not mufff.....)

New stop at 9705
D!

Closed out. This looks suspiciously like a double bottom forming. Probably the next ride is upto 9725. Think I'll come back later.
D!

Bollinger Bands are narrowing again. Let's see if the double bottom will hold and break through 9705 going up

D!

Fins on phone trading again.
What's their problem?
Strong support at 9700 as you say Diego.
Could go anywhere.

nice to have u back snoball.