Dow 2008

[brutusdog]

at least you saved the dinner

little bit crunchy / chargrilled

 

[Atilla]

ping pong between 640 and 600...

I have 12556 (c) on my radar by close...

 

[Phil Mibbutz]

Think I should be going short again about now (610-ish), but staying out as target met for today.

 

[brutusdog]

Think I should be going short again about now (610-ish), but staying out as target met for today.

had the same....would have been perfect. good call

 

[Phil Mibbutz]

Think I should be going short again about now (610-ish), but staying out as target met for today.

... But didn't expect a 50pt fall in the next few minutes. What's happened?:?:

 

[firewalker99]

605 limit hit. Annoying if it completely collapses now.

either that or 640 had to break...

 

[firewalker99]

I have 12556 (c) on my radar by close...

now that we're back below 640, I'd say 12543, bit of a gamble (obviously)

 

[firewalker99]

... But didn't expect a 50pt fall in the next few minutes. What's happened?:?:

support at 600 broke... do you need anything else more than technical

 

[Atilla]

now that we're back below 640, I'd say 12543, bit of a gamble (obviously)

Went short at 546 and more recently again at 613. Turned losing pos into a bit of profit. Mistimed it a little today.

I thought it would turn off my pivot point but it carried on up during the afternoon session. I saw R1 get rejected so guessed Pivot point would be target again and went in short.

I think it will hover at this level now. Time to close up shop for the day.

 

[Phil Mibbutz]

support at 600 broke... do you need anything else more than technical

I was wondering if Burntnackers had woken up and blurted something out about the economy being in meltdown.

 

[Phil Mibbutz]

578 close, according to my cracked crystal ball.

 

[black bear]

Chart

chart

 

[firewalker99]

578 close, according to my cracked crystal ball.

12600 and going higher still!

a very late bounce off 12550, these markets move surprisingly much in the last 15 minutes...

 

[Phil Mibbutz]

12600 and going higher still!

a very late bounce off 12550, these markets move surprisingly much in the last 15 minutes...

I'm not on futures, FW, so I won't be throwing that crystal ball away yet!

 

[trader_dante]

Bad earnings from GE.

We're going down.

 

[ian]

Bad earnings from GE.

We're going down.

 

[trader_dante]

Looks like I was one day late on the down move FW

 

[gilligullu]

80 pts in 10 mins..... And I missed it.....

 

[trader_dante]

80 pts in 10 mins..... And I missed it.....

80pts! I think that's just the start of this move mate.

 

[smbtnt]

a down day indeed by the looks of things, yesterday seems to have been the lower high (in hindsight) and today we look for close bleow 530 to confirm the downtrend. Good trading all.