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

Wishing you all

A

HAPPY CHRISTMAS

And

NEW YEAR

 

Have a GOOD ONE.

 

from

Zarif

Key levels to watch today.

I wouldnot be surprised at all if they start taking profits today before moving up.

rgds

zarif

Zarif,

thanks as ever for your postings - wishing you and everyone else a merry xmas and a prosperous new year

Steve

KEY EVENTS TO WATCH FOR:

7:45 AM ET. ICSC-UBS Store Sales Index for wk. of Dec. 20 (last
+2.1%)

8:30 AM ET. Final Third-Quarter GDP (seen +8.2%; last +8.2%)

8:30 AM ET. November personal income (seen +0.4%; last +0.4%)

8:30 AM ET. November personal spending (+0.7%; last unchanged)

8:55 AM ET. Redbook Retail sales for wk. of Dec. 20 (last -1.1%)

9:45 AM ET. University of Michigan Dec. final consumer sentiment
(seen 91; mid-Dec. 89.6; end-Nov. 93.7)

4:30 PM ET. ABC/Money Consumer confidence for wk. of Dec. 20 (last
-11)

ttt

Seasons Greetings to all you Dow Traders
and may 2004 be the BIG one.

FWIW, has anyone noticed that judging by the last few days all you have to do to make a few bob is go long at 1 O'clock Dow time and sell at the next days open?

Snoball: u r quite right i have been taking longs around that time( without looking at the time)lately and it seems to work.
What are your guesstimates today? Reckon will head down towards close -mild profit taking in lieu of terror threats as time gets near xmas and not leave their hard earned cash vulnerable-that would be a logical move but the market is an alien and doesnot really follow "our logic"

Have a good xmas and a propserous new year and many thanks for your undevoted work and postings on this thread. I hope with all your help we can make it one of the best ones around in the new year.

rgds
zarif

23 Dec 2003 18:31 BS DJ US/Bahrain -3: Threat In Kenya, Yemen, Saudi Arabia -CNN




The U.S. government has received intelligence reports that al-Qaida is planning attacks against U.S. interests in Saudi Arabia, Bahrain, Yemen and Kenya, Cable News Network reported Tuesday, citing a senior State Department official. The official said the intelligence spells out a general threat of attack against U.S. interests in those countries, but doesn't mention a specific target, CNN reported.


(END) Dow Jones Newswires

December 23, 2003 12:31 ET (17:31 GMT)

Yep, zarif. Looks like they are doing just that and getting ready for the holiday. No 3 o'clock rally by the look of it.

Just got a MoneyAM email pushing Capital Spreads. Looks like they are offering good deals on the spreads. 5 points on the Dow daily. 50 per 1 deposit. Looks very tempting. Anybody using them?
Right that's it. I'm off until the 27th.
Nite y'all.

Snoball:
re:capital spreads.
I am not using them but have opened an account online with them -have not put any money in it but am using their charting as its quite good. Couple of times did notice that their price and the market prices were different compared with ig etc.
rgds
zarif

ps: managed 2 shorts and one long b 4 on the dow while boredom was killing me.

Morning all:
Remember the UK market closes today at 12.30 hrs and the YM closes at 18.00hrs.
rgds
zarif

KEY EVENTS TO WATCH FOR:

7:00 AM ET. MBA Refinancing Index (last +16.8%)

8:30 AM ET. Initial Jobless claims for wk. of Dec. (seen -3K; last -22K)

8:30 AM ET. November Durable Goods Orders (seen +0.8%; last
+3.4%)

10:00 AM ET. DJ-BTM Business Barometer for wk. of Dec. 13 (last -
0.1%)

10:00 AM ET. November New Home Sales (seen +1.2%; last -3.5%)

12:00 PM ET. Grain and Livestock markets close early in honor of
Christmas Eve

1:00 PM ET. Stock Market closes early in honor of Christmas Eve

2:00 PM ET. Bond Market closes early in honor of Christmas Eve

Ym is range bound and with the mad cow scare,dollar getting a pasting on all fronts its not surprising- but one thing that i have learnt from experience and scars to prove is that in this market ASSUME NOTHING the market can do anything and with the recent weak openings and strong closings anything is possible.
ps: even if the market does not head south i am sure the traders will be full of shorts (the liquid kind) at the early closing of 18.00hrs gmt.

rgds
zarif

Key levels to watch for todays Boxing day trading.

rgds

zarif

Hi
Anybody out there?

Whats your guess for today Zarif?


Tariq

tazzo1:
Due to the festive holidays the vols will be low and the volatility whipsaws etc will be high.The trend is your friend and is long.Traditionally the last 5 days before new year are up days ending the last year on a positive note so my guesstimates is long. But u should be able to hopefully scalp longs and shorts if you look at the key levels long above say 10375 and shorts from 10275 (these are daily not futures).
supports and resistanes being:
s2:10285
s1:10304
piv:10327
r1:10349
r2:10365
r3:10401

i hope it helps.

Ps: look at dow chart on top of header and signal watch for guidance.

rgds
zarif

Yes I'm hear - I wouldn't mind knowing either!

I forgot that the US closed early on Boxing day and left a Dj long open (a first for me!). Checked in today to trade UK shares, only to find currently more than 25 pts up! All morning I've been holding off closing the position, wondering how far it may go - as I have a habit of getting out too early! Will try and hold on until US open and see what happens then.