Dow 2008

[Hook Shot]

Oil NOW looking interesting... if you can handle the volatility
Don't try this at home........................
Crude Oil Chart

Edit:
OIL now not far off the ALL TIME HIGHS it hit just over 3wks ago..(when Spx was in th etoilet).. yet US indices are still holding up...but on the verge (?).. yep an anomaly.... or conundrum if you prefer...
Can they both rise together again ??

 

[firewalker99]

entry long 12540

stop moved to breakeven

 

[trader_dante]

This is going to fly...first stop 590

 

[Paul71]

Not a nice signal for longs there. You never know though.

 

[firewalker99]

hmm news...

 

[firewalker99]

This is going to fly...first stop 590

I just re-entered my long at 12540. Forgot about the news...

 

[trader_dante]

Here we are at support again...can anyone say "erosion"?

Still, treasuries coming off...can stocks get a bid?

 

[trader_dante]

Bearish news on home sales. Market largely shrugs it off...

Still looking for 90s

 

[Paul71]

2nd time round? 557.

 

[gilligullu]

My stops keep getting hit and down few more points then it spikes up again........

 

[Paul71]

Theres the long signal to 80-90.

 

[trader_dante]

Don't put your stops so close then. This is choppy.

Would say it's a foregone conclusion we're going to 90s now.

 

[postman]

I'm expecting the dow to go to 565 in the next hour.

If so this will mean at least a gap close to 600 before 3pm....

OK
Entry at 549 was poor (low 530)
Timing off (3:20 now)
Last thing left is to fail the gap close to 600 ...

 

[trader_dante]

Love the Dow!

 

[firewalker99]

Don't put your stops so close then. This is choppy.

Would say it's a foregone conclusion we're going to 90s now.

I always hesitate to use the word 'foregone' because when I do, it usually bites my in the tail

 

[CJIA]

Hello everyone.
I'll stick my neck out here and say 490 by the end of the day.

Cjia

 

[Phil Mibbutz]

Lookin to go short at 588 (sorry, had a sudden attack of dc2000itis).

 

[trader_dante]

I always hesitate to use the word 'foregone' because when I do, it usually bites my in the tail

LOL

 

[gilligullu]

Are we still looking for 590?

 

[firewalker99]

I just re-entered my long at 12540. Forgot about the news...

taking half out at 70 for +30
don't like the sight of this, also the NQ is showing divergence