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

Hi y'all.
Decided to go long on the January future.
I hope this is the limit of the retracement from Mondays high.

Zarif,

not going to be able to make the seminar on friday - shame as i was looking forward to meeting to you - maybe next time eh! Had a horrendous business meeting tonite only to come home to see that my short on the dow got closed at 9890 (a profit of 62 points - theres beginners luck for you on shorting the dow!!!)

Dow more positive today and with mostly good results posted out today so lets see what opportunities arise. Bear these in mind:
s2 9850
s1 9890
piv 9925
r1 9959
r2 9997
r3 10073

Reckon will try to touch 10k again? i think it will but more chance of it retracing lower say 9800 area then consolidate upwards. anyway thats my opinion and what do i know!!!!!

rgds
zarif

trade safely and wisely.

KEY EVENTS TO WATCH FOR:

8:30 AM ET. Initial Jobless Claims for wk. of Dec. 6 (seen -5K; last
+11K)

8:30 AM ET. November Import Prices (seen +0.2%; last +0.1%)

8:30 AM ET. November Retail and Food Sales (seen +0.7%; last -0.3%)

8:30 AM ET. November Retail and Food Sales, ex-autos (seen +0.3%;
last +0.2%)

8:30 AM ET. December USDA Supply/Demand Report for Grains

10:00 AM ET. DJ-BTM Business Barometer for wk. of Nov. 29 (last
+0.2%)

10:00 AM ET. October Business Inventories (seen +0.2%; last +0.3%)

12:00 PM ET. October Chicago Fed Midwest Manufacturing Index (last
+2.7%)

4:30 PM ET. Money Supply

Levels to watch today.
rgds
zarif

Short SPX @ 1067

Diego

its through the 10,000, but for how long???

Still Long the Jan Future. Let's hope it keeps on truckin'.

DOW SHORT TERM:-
I think the Dow rally a little too aggresively from yesterday's low of ard 9885 to today's high at abt 10030 - i am incline to think that it's due for a correction. But then again i am a novice trader so any opposing view i am only too gald to hear :>

Quiet here for the open!

NEW YORK (AFX) - The 'Diamonds' , a tracking stock for the Dow industrials , edged up 3 cents to $100.41 in pre-open trading. The Dow rose 86 points to 10,008 Thursday, the first close above the 10,000 level since May 2002. Among Dow components seeing activity ahead of the opening bell, Microsoft edged up 9 cents to $26.70, Wal-Mart added a dime to $52.91, Intel advanced 15 cents to $31.06 and Home Depot was 22 cents better at $34.75.

Just popped in to see the open.
I won't stay to watch. The die is cast and I am not going to be tempted to change my stops etc. I'm practising disciplined trading.

I'm short at 10009 from yesterday.
Glad to see it falling a little from it's highs.
Hope to breakeven soon then move into profit.

Wwwwwwwwwrong!

Harlosh, I know the feeling!
Luckily I am on the right side of the move for a change this time.
Stop moved up to break even on my long January Future.

Afternoon guys/gals:
The Ym futures had juped up some 185pts lastnight at midnight from the news of Saddam Husseins capture (had they bagged osama bin laden aswell reckon the dow would be 11000 odd by now)Be careful of the euphoria as it doesnot make the stock or the index worth more.Watch the opening then place the trades as there will be an upside then surely it has to retrace and dont forget the triple witching on friday.Market cannot be driven by sentiment alone and emotion can change very quickly from euphoric greed to fear and loss.

rgds
zarif

ps: harlosh u missed the newskills seminar on friday - imho i think it was the best that i have been to and the teacher was brilliant and no Bullshit in his work.

rgds
zarif

Zarif,

Sorry to have missed you/the seminar friday - do you know if they are running anymore?

Fundamental.
Yes they are going to be doing some in january as soon as i have the dates will let u know.

megashits- the igindex site is down-tear the hair time!!!!!

thanks Zarif

Beginning to wish I'd covered my January long this morning. It's worth a lot less now.