Dow 2009

[N Rothschild]

well that worked a treat...................................

 

[N Rothschild]

think ill spin the roulette wheel roll it over till sunday get my money back!

 

[exportdealer]

think ill spin the roulette wheel roll it over till sunday get my money back!

Yep, carry on! low volume, bad news over the weekend would be nice otherwise i'll be stopped out. Enjoy your long weekend all.

 

[KUTERO]

 

[exportdealer]

Short, a bit overdone and SnP hitting long term TL, no higher high from 6th April-yet.
Double top also

Out, bit choppy and low volume, long hold for 32pts, hey ho. Looking for another short entry. Lots of US data tomoz, could be interesting

 

[exportdealer]

Out, bit choppy and low volume, long hold for 32pts, hey ho. Looking for another short entry. Lots of US data tomoz, could be interesting

Trying again, short

 

[KUTERO]

FDJI

 

[wallstreet1928]

Trying again, short

watch out for short covering

 

[KUTERO]

lack of harmony..( orange lines)


"Last week we had three S&P 500 companies reporting,
this week we have 20 and next week 99," he said.

"The real read of earnings season really doesn't come until next week, after which we'll be much closer to a third of them."

Stocks slumped on Monday as investors took some money off the table following Thursday's 246-point surge on the Dow Jones..

http://www.marketwatch.com/news/stor...AB9C5E84432}

 

[KUTERO]

FDJI

 

[exportdealer]

Trying again, short

Out, +64 pts. After 2 days closed in Europe could be a rough ride this morning. I will be looking to get back in higher up but take my profits while on the table.

 

[Atilla]

lack of harmony..( orange lines)


"Last week we had three S&P 500 companies reporting,
this week we have 20 and next week 99," he said.

"The real read of earnings season really doesn't come until next week, after which we'll be much closer to a third of them."

Stocks slumped on Monday as investors took some money off the table following Thursday's 246-point surge on the Dow Jones..

http://www.marketwatch.com/news/stor...AB9C5E84432}

Hi Kutero,

Thank you for your pointers it certainly earnt healthy quantity of pips today. Excellent charts.

fwiw we are roughly in the middle of April and my analysis is more based on gut instincts more than anything else. I thought we'd rise towards the end of April after the 6500 lows. However, I'm still not satisified and have a niggly feeling that the Dow will make a sprint past 8000. Perhaps 8200 and beyond...

I don't believe anything I hear these days and suspect we will have couple of weeks of high volatility sea-saw whiplashing moves and then head down for the summer. It could be in response to earning reports. I really don't know or care but do feel the top is not in yet before the next down turn.

In next two weeks heading to May I will be looking to short the high turns.

 

[KUTERO]

 

[SSINGH]

I think a drop to 76xx and then pop to attack 8000 again

 

[exportdealer]

Short Dow, hitting R from among others most of early Feb, 26th March etc

 

[Atilla]

Short Dow, hitting R from among others most of early Feb, 26th March etc

I was expecting a breakout of 8000 first before shorting... More upside imo.

 

[exportdealer]

I was expecting a breakout of 8000 first before shorting... More upside imo.

My daily TL is up around 8030 but heavy resistance here so in I go, prepared for it to push higher.

 

[exportdealer]

My daily TL is up around 8030 but heavy resistance here so in I go, prepared for it to push higher.

Out, 82pts. Hitting S and I can't concentrate on the footie.

 

[KUTERO]

8000 is like a boundary.
watch the RSI support dotted line.

 

[exportdealer]

Out, 82pts. Hitting S and I can't concentrate on the footie.

Dow drew me back in, saw it spike at the close at my daily TL and had to short, clever maybe not, be will see. Out of the money atm, oh dear.