dans_ya_man
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Anyone up for a short :?:
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finally, i got my $500.
did you know that the dow is on track for its biggest weekly gain in 5 years.
dans_ya_man
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Well done jayjay, what price did you short?, I went short at 873 and and triggered at 820.
As for the biggest gain in 5 years, remember that in a bear market you do get sharp gains where people think the market has bottomed out only to fall down again, Monday should be a interesting day
yes i can't wait..............im definately short next week, too many bankrupt stocks out there for a start, even if im wrong its well worth the punt if you ask me, technically looks good too, but i could be wrong of course but like i say im going for it anyway............the only problem is by the time we open on monday how far would be already have come down?...........if its too much then it of course will not be worth while.................does anyone know what time the futures open sunday?.........
Priceman
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It's like an elastic band ready to snap. But bad news is the new good news and it doesn't make a blind bit of difference. People are people (so why should it be.... da da da, could make a song out of that :idea
so the market will do what it will do. There'll be some up, some down and then some sideways thrown in too. Just make sure you're on the right side when it all happens. This could get messy so buckle up. Just don't try and pick tops and bottoms and you wont go far wrong :smart:
Lightning McQueen
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Ok I have kleeened! the Dow thread of the nonsense
You can now carry on with your chit chat on the Dow
**Sunday-funday can carry on here as you wish, until its decided what to do with it all **
http://www.trade2win.com/boards/us-indices/26860-way-dow-swing-trading-8.html
You can now carry on with your chit chat on the Dow
**Sunday-funday can carry on here as you wish, until its decided what to do with it all
**http://www.trade2win.com/boards/us-indices/26860-way-dow-swing-trading-8.html
Atilla
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Atilla
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Ok I have kleeened! the Dow thread of the nonsense
You can now carry on with your chit chat on the Dow
**Sunday-funday can carry on here as you wish, until its decided what to do with it all
http://www.trade2win.com/boards/us-indices/26860-way-dow-swing-trading-8.html
Hi everyone,
Sounds as if I have missed some of the action here...
Must confess I do like to stir it up my self sometimes... Nothing quite like a good ol intensity... Very interesting week. Had to happen based on the technicals when you one looks back. I didn't profit from it however... Made some loss in fact.
I'm wondering if the MA55 will be breached this week?
We are also at significant resistance channel at 12800s so if this is breached then it's likely to be a swing to the upside I'd say and we may go past 13000s.
The other alternative is it could well be the left shoulder of the bigger H&S formation.
I really can't see any good news or factors to take this market higher. We are at some monumental time where a big foul up by all the central banks is likely to take us into the abyss.
Taking risks is entering a new dimension of governments exchanging bonds for sub-prime assets worth Zer000s. Banks are hiding from any duty to reveal books. All the regulatory bodies are backing their actions to hide their liabilities.
Tax payers will be footing the bill...
I was brought up on the concept of perfect information available to participants in determining price based on supply and demand. Now we have imperfect markets with no information. Go figure. So price is determined by speculators v Government propoganda...
Techincal Analysis is the only real tool available for determining market direction at this rate.
Good trading everyone.
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firewalker99
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Coming from you, that's a really pleasing statement
futures are higher this morning
by the way asian and australian market are hitting 7 week highs, does the us markets always lead the asian market this way?, seems to have followed the us from fridays session?
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its recent behavior appears to want to test 13000 level this week or next week
what about the nice head and shoulders pattern im seeing on my charts? if it fails then you could be right
No it's Mr P .I think
He is to subprime bonanza what boone pickens was to oil boom (until boone pickens decided to short the last rocket leg in oil)
Mr P is a good mate of Greenspan........ you'll never believe his real name...... .perhaps
who's this Oscar bloke?
Friday quiz - Is this Atilla or Jay?
He is to subprime bonanza what boone pickens was to oil boom (until boone pickens decided to short the last rocket leg in oil
)Mr P is a good mate of Greenspan........ you'll never believe his real name...... .perhaps
what do we think then today.....lower? ym at 800................im short at 800, 740 by the close thats my opinion, already bad earnings out today. Bank of england bail out has helped euro stocks but when dow opens i think we will have a down day today.
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