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This is a discussion on Dow 2007 within the US Indices forums, part of the Indices category; Originally Posted by develbis Charts Hour just gone RED @ 20:46 Second attempt to break through 13670. Beginning to lose ...

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Old Oct 24, 2007, 5:05pm   #7457
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Quote:
Originally Posted by develbis View Post
Charts

Hour just gone RED @ 20:46
Second attempt to break through 13670. Beginning to lose my nerve hear.
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Old Oct 24, 2007, 5:13pm   #7458
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Thumbs up Another Day, another ....
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Originally Posted by Atilla View Post
Second attempt to break through 13670. Beginning to lose my nerve hear.
My nerves would"nt take it I can tell you

The Mrs is in charge of the draw down department and she"s a mean auditor I can tell you

Improves your trading , helps focus the mind on Low Risk set ups if you no what I mean

If Mrs caught me with an open PL larger than her weeks wages Id be out the window with the PC following me Id close that tab faster than me laddy on a porn site

Hope your ok

Better Luck tomorrow
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Old Oct 24, 2007, 5:24pm   #7459
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Originally Posted by Hook Shot View Post
After the excellent run you've had ....I'm surprised you took that trade ....mid to high 600's at lunch was where I'd thought you'd be getting involved.... (I fluffed it playing about with something else ) but caught some naz pips...

Hope you escape though.... I like to hear other traders talking about how well they're playing
Hi HS,

I'm watching 15m & 5m charts and I can see double tops forming. Reckon it will drop still perhaps foolishly so.

On the hourlies charts looks like a bounce. Market is now closed but will watch a while. Really watching Ghost Rider but keeping right eye on charts and price action.
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Old Oct 24, 2007, 5:33pm   #7460
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Quote:
Originally Posted by develbis View Post
My nerves would"nt take it I can tell you

The Mrs is in charge of the draw down department and she"s a mean auditor I can tell you

Improves your trading , helps focus the mind on Low Risk set ups if you no what I mean

If Mrs caught me with an open PL larger than her weeks wages Id be out the window with the PC following me Id close that tab faster than me laddy on a porn site

Hope your ok

Better Luck tomorrow

I'm alright thanks D. In fact I'm up +64 on the day inlcuding my loss so far so not too worried.

I think it will ease off before the next surge.
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Old Oct 24, 2007, 6:02pm   #7461
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Reason for the rally believe it or not. Rumours of a surprise interest rate cut by the FED before next Tuesday.....er,bollox,is all I can say...
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Old Oct 24, 2007, 6:10pm   #7462
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ah .. here is one reason for the late recovery today

http://www.advfn.com/p.php?pid=nmona...&cb=1193259310
""
But the blue chip index reversed direction later in the day, briefly bobbing
into positive territory as rumors circulated that the Federal Reserve --
scheduled to meet next week -- might be lowering the discount rate before then.
The central bank has also been adding a substantial amount of liquidity to the
financial system over the last three days.
""

bah .. I thought it was going to fall over

can someone without an ADVFN account check access to the above link?? .. not much point in me posting it if nobody can get access
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Old Oct 24, 2007, 6:11pm   #7463
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Originally Posted by 2468steve View Post
Reason for the rally believe it or not. Rumours of a surprise interest rate cut by the FED before next Tuesday.....er,bollox,is all I can say...
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Old Oct 24, 2007, 6:13pm   #7464
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Originally Posted by develbis View Post
Any minute now FW going to post Dow Long , caught the whole move for sure

if it goes pair next week he will have timberlands to munch on
sorry to disappoint you, I was out instead of watching the screen!
but yeah I would've been on the buy side only
might be the opposite tomorrow though

huge volume today... on both directions and serious swings over last couple of days

best noticeable in the NDX that is staying in a 50-point consolidation if you look at the dailies... looks like distribution to me
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