Where is the Dow & others heading in 2005?

[dc2000]

Dont step on the tracks when the express is coming through

 

[mark twain uk]

dc,

I get it you have not change your medium term stance (i.e. the train will go to Aberdeen)

 

[macbonzo]

The problem with going to Aberdeen by train is that you have to get past Fife. It is a well known fact that Fife is an open air lunatic asylum.

Still this shake out should allow for some decent longs for the rest of the week.

 

[Slapshot]

Positive divergences since the decline at 6.30, will we see a bounce before the end of the day.....

 

[tradesmart]

almost inevitable.....

After a 700+ point virtually uninterrupted run up, maybe it was almost inevitable that there would be some degree of retracement before the next move…

It could retrace 50% of the uptrend, and still retain the bullish context imho…

However, it’s c.23.6% down now which could be a support level, so let’s see if any buying kicks in….

(edit - TICK & TRIN very flat - slim chance...!)

 

[Slapshot]

Positive divergences since the decline at 6.30, will we see a bounce before the end of the day.....

Well it took it's time but the PD kicked in eventually

 

[dc2000]

Not changed my medium term at all Mark and even tomorrows low will not change my stance

 

[frugi]

Deja vu

Not seen a decent one of these for a while.

http://www.trade2win.com/boards/showpost.php?p=112898

 

[amazonianLothari]

Hello Amazonianlatharie
Welcome, what do you mean by recognition of comfort zones? And I dont get how the movement of virtual money has any basis in reality. All the same good luck with it and I hope to talk to you later.

Thought Y'all from states might b able 2 help me with this conundrum I have got myself into.

 

[Bigbusiness]

For those trading the YM, it is contract rollover day today, so the volume goes from the Dec 05 YM to the Mar 06 YM at the open.

www.deltat1.com/Education/articles/Rollover/rollover.htm

 

[Pat494]

My roll-over view of late last week was a bit premature but it seems to be happening now.

 

[justyn]

This may not be the right place to ask this .... but what happens if you are holding a position (long or short), don't realise it is expiry day and the position expires?

 

[mark twain uk]

justyn,

it depends on the company. cmc will automatically roll over your position, finspreads will close it unless instructed otherwise

 

[justyn]

Thanks Mark, I use Interactive Brokers - not sure what they would do.

 

[Quercus]

Today is only rollover Justyn - expiry is next Friday I think. It just means that all the volume will move over to the March contract, although you'll still see quite a bit on December's too.
Hope this helps, and that you manage to get out ok.
Q

 

[twiggytwo]

Hi, has anybody logged on to FINSPREADS to trade today ?
If so what do you think about the new JAVA delay ?
Java have just made FINSPREADS site so slow it is now useless for day trading or even Position trading
as by the time you get a price it is now to late
regards to all

 

[mark twain uk]

twiggy,

my finspreads is OK and is as fast as lightning, I suspect the problem is with your computer

 

[boy]

Thanks Mark, I use Interactive Brokers - not sure what they would do.

Justyn, on IB TWS click on 'ticker/future rollover' and the software will change the contract for you automatically.

 

[justyn]

Thanks for the info regarding rollover - I was just wondering to be honest, I don't often hold positions overnight - I daytrade.

Justyn.

 

[eatontrade]

So..........is the pull back on the DOW over for now ? Any thoughts