tricks said:Hi HS,
I'll join you with that sentiment, and I'd like to think that you mean the first half of January
cheers -Tricks
I would like to think a more moderate drop of 2.5 % is more likely than 9 %...
9 % is rather swift ....
Happy new year all
FetteredChinos
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morning all.. 2007 is going to be a bumper year on the Dow, and probably on the euro indices as well.
for your delectation, 2007 is a pre-election year.. over the past 120 years or so, pre-election years average around an 18% gain. now that is food for thought for anyone tempting to play the short side..
fc
for your delectation, 2007 is a pre-election year.. over the past 120 years or so, pre-election years average around an 18% gain. now that is food for thought for anyone tempting to play the short side..
fc
Tricks - me too but H1 is a safer trade ...!
hhass1 - each year in last 6 we have had at least one decent downwave.. this year ..only one
- this year 5-9wk slide - I think the next decent one might be faster than that.
Chump - great call.... like your style
Fc - stats seem to favour bullish argument........ just like they favoured a weak autumn. I'm not going to be teasing the bull with my red cape just yet - but it's wise to remind ourselves .. stocks can go down as well as up.
My fave example is Nikkei 2006 (sorry) 17.6k ish to 14k in 2m (yep around 20%).
But the SWIFT move was 3400pts in around in the final 4wks of slide into June.
HS (new japanese convert)
hhass1 - each year in last 6 we have had at least one decent downwave.. this year ..only one
- this year 5-9wk slide - I think the next decent one might be faster than that.
Chump - great call.... like your style
Fc - stats seem to favour bullish argument........ just like they favoured a weak autumn. I'm not going to be teasing the bull with my red cape just yet - but it's wise to remind ourselves .. stocks can go down as well as up.
My fave example is Nikkei 2006 (sorry) 17.6k ish to 14k in 2m (yep around 20%).
But the SWIFT move was 3400pts in around in the final 4wks of slide into June.
HS (new japanese convert)
Happy New Year All,
The end of last year seems very interesting with the global indices, and this New Year promises wide swings from the beginning till the end giving short term traders opportunities. An interesting date to watch for the Dow Jones Industrial will be between the 03-05/01/2007 and the following week, in which a possible correction down could take place till the 2-6/3/2007 as this will be running both the 70 years and 7 year cycle concurrently. This will also support the reason why the S&P 500 failed to print new highs after the 1431.81made on the 18/12/2006 as it may be waiting for the Dow Jones to complete its time factor.
The end of last year seems very interesting with the global indices, and this New Year promises wide swings from the beginning till the end giving short term traders opportunities. An interesting date to watch for the Dow Jones Industrial will be between the 03-05/01/2007 and the following week, in which a possible correction down could take place till the 2-6/3/2007 as this will be running both the 70 years and 7 year cycle concurrently. This will also support the reason why the S&P 500 failed to print new highs after the 1431.81made on the 18/12/2006 as it may be waiting for the Dow Jones to complete its time factor.
mark twain uk
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Happy and Prosperous New Year to all here.
mark twain uk
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nice rise after the open, now it's waiting time for the FOMC minutes, expect some sharp movements either way for a few minutes and a trending movement after that, I expect a down move so I just opened two small shorts on dow and spx
This is how I would map out Todays Delta turn windows...
The odd's at the Moment favour a move higher into the close but its a pesky inversion day so its about 27% chance of a sell off into the close..(If it makes a new high in the lunch period then the odds switch.....)
Just a doodle to help give a clearer idea of what I'm waffling on about..
The odd's at the Moment favour a move higher into the close but its a pesky inversion day
so its about 27% chance of a sell off into the close..(If it makes a new high in the lunch period then the odds switch.....)Just a doodle to help give a clearer idea of what I'm waffling on about..
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mark twain uk
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closed my spx short for 64 ticks and moved the dow short to B/E, not bad for my first day of trading in 2007.
edited: closed my dow short for +20 ticks, flat now
edited: closed my dow short for +20 ticks, flat now
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