Recent content by Silvertip

A retest of 57-58 will provide a limited risk long entry based upon recent price action, however you must open the trade based upon a technical signal as we still have the potential for a range breakout to the downside. Crude is not a primary market of mine, if it makes 57-58 I will take a...

Yes I like the swings too, and there have been a few of those opportunities recently which could have been interpreted as the beginning of longer term adjustments and each failed on the technical side, however proved profitable if you operate a sound profit accumulation strategy. Its all good...

Yes its all very confusing, thats the issue with this type of analysis, it becomes subjective even when you apply quite strict rules. All in all, there is no technical basis confirming a short entry based upon more advanced charting techniques within the INDU at this point in time, so therefore...

Bez on your daily chart you have a supercycle point (V) due up around mid 12600.. Just out of interest, are you using the 25/10/04 low as the seed of the 1st impulsive? Trying to interpret your chart here, have you identified a minor converging with a Supercycle? Is this what you are suggesting?

Yes I tend to agree the Dow is still rising and 12700 has been my target ever since the breakout above 12450. Must say I didnt expect as many shakeouts of the longs as we have had, but thats the Dow for you.

http://www.netdania.com/ This link can offer you a browser based solution, although doesnt provide as much technical functionality as using Metatrader with a broker.

The Dollar is getting spanked again today... Not sure if this is just a knee-jerk reaction to the Bank of Dubai's statement or perhaps more indicative of an economy that is about to completely collapse. Either way, if the Bank of Dubai dont want the Dollar my behind would be nipping me like...

My intuitive faculties tell me something quite startling is just around the corner, whatever that is remains to be seen. http://www.bloomberg.com/apps/news?pid=20601085&sid=a0fmorGjCwqo&refer=europe

Rebound today perhaps the result of some shorts covering their New Year positions. Initial Jobless Claims out tommorow 13.50 GMT.

Interesting how the pipeline explosion in Nigeria had no affect on price, and infact yesterday saw a large move downwards. Still bouncing the range.

If this is the start of a decent sized correction lets hope there is plenty of volatility to go with it. Best Wishes eveybody.

Have the PPT took a Christmas cruise, who is supervising the Dow today ? I fancy investing in an Xbox 360 as not many developers appear to have took advantage of PSP3's new hardware yet. Had a look on Sonys website and the graphics of the current software that have been programmed ready for...

May I also wish the contributers of the thread the warmest of wishes for this festive period, may December 25th be the catalyst for the arrival of warmer days once again. Todays Dow, I still dont see any reason to be shorting this market as it appears to me as though we are seeing the longs...

Who goes there ? Is that Santa or is it The Grinch ? :)

I dont know.. when will these bears ever learn ! ;)