Dow 2008

[Lee Shepherd]

Dont worry, your never alone with me around....I'm every where but no where.

12640 should be within reach today...

anyway enough talkin' to myself for now

 

[Paul71]

Long 605. Stop 595.

Stop to BE.

 

[SuddenDeath]

What ever happened to the Dow share competition ?

Bring back the competition

 

[firewalker99]

stop moved to 580

12640 should be within reach today...

it's one thing to be right... it's another to rake the profits
after I moved my stop it was just hit slightly. Oh well, lady luck only comes once a day!

 

[firewalker99]

What ever happened to the Dow share competition ?

Bring back the competition

you mean there are people who trade stocks?

 

[brutusdog]

it's one thing to be right... it's another to rake the profits
after I moved my stop it was just hit slightly. Oh well, lady luck only comes once a day!

had an entry right where your stop was taken out...didnt hit the button

doh!

 

[Paul71]

Long 605. Stop 595.

Stop to 615.(10)

 

[firewalker99]

Long 605. Stop 595.

reason for taking the trade, was a break above 600 on confirmed volume rise, am I right?

(oh wait you don't take volume into consideration...)

 

[firewalker99]

had an entry right where your stop was taken out...didnt hit the button

doh!

doh indeed! if you pulled the trigger you could've kept price from falling to my stop

 

[brutusdog]

doh indeed! if you pulled the trigger you could've kept price from falling to my stop

fwiw the dow seems to be getting more technical of late, it was so erratic recently its good to see it shaping up again. just waiting for it to go loopy again:whistling

 

[Paul71]

reason for taking the trade, was a break above 600 on confirmed volume rise, am I right?

(oh wait you don't take volume into consideration...)

That's right bud. I don't bother with volume any more, less clutter the better, it's all in the numbers anyway.


Stop to 625(20)

 

[firewalker99]

fwiw the dow seems to be getting more technical of late, it was so erratic recently its good to see it shaping up again. just waiting for it to go loopy again:whistling

hmm... that's funny... last week I couldn't get my ahead around trading the dow, it seemed "erratic" indeed, this week's been a charm

so I wasn't the only one with this feeling then?

 

[firewalker99]

That's right bud. I don't bother with volume any more, less clutter the better, it's all in the numbers anyway.


Stop to 625(20)

Seems like you've developed a sense of reading the volume without plotting it on your chart.



I take it 685 will be your next target then?

 

[Paul71]

That's right bud. I don't bother with volume any more, less clutter the better, it's all in the numbers anyway.


Stop to 625(20)

Stop to 640(35)

 

[Paul71]

Seems like you've developed a sense of reading the volume without plotting it on your chart.



I take it 685 will be your next target then?

Looking for it, happy with anything these days

 

[firewalker99]

Looking for it, happy with anything these days

should be fairly easy... 5 more minutes - if not than probably 1 hour

 

[Paul71]

Stop to 640(35)

Stop 645(40)

 

[Paul71]

FW, i notice you use candle charts, have you always used them?

 

[firewalker99]

looks like it's starting to struggle now...

 

[firewalker99]

FW, i notice you use candle charts, have you always used them?

yes, why?

never really gave anything else much thought
I'm used to them now... sometimes I plot a line chart, not that keen of the American 'bar charts'