Dow 2008

[gilligullu]

The bank of America has just reported a slump in profits of 77%. This is going to get serious. On the internet it is saying this could be far worse than the 1930’s crash and depression.

Does quoting off the internet counts as one of your predictions? As that seems to be all you do.....

 

[ian]

The bank of America has just reported a slump in profits of 77%. This is going to get serious. On the internet it is saying this could be far worse than the 1930’s crash and depression.

Are you short right now?

 

[jing]

DOW Reversal

I'm charge of spamming? It's a chart and an explanation of the chart and the lines. Anyway, looking from the futures, it breaks line 1 that I'm discussing but horizontal support was respected. If this bounce is indicative of today's performance, we might expect the horizontal support to hold despite Bank of America's dismal income report.

 

[Pat494]

Are you short right now?

For Gawd's sake don't encourage him
The only thing he is short of, is multiple braincells

Some sort of economic NUT

 

[nine]

Enough please. Holy Grail has been asked to post his portents of doom in the "Which Way Dow? Swing Trading" thread.

This thread is not for that purpose.

 

[Pat494]

Steady drift down. It may halt when Europe closes imho

 

[Hook Shot]

Banks and sexy financials were weak in UK.............mmmmh

Normally not a good sign .......... ftse 6054

Edit: Ftse now up 90d into today's 089ish peak
-today was also Queen's birthday....... :!:
-tues is 3m since .........

 

[Pat494]

As flat as a ..............

 

[Pat494]

Long for me

 

[Spcboe]

wow. killed s 785, 770 early

 

[jayjay121]

wow. killed s 785, 770 early

im rich!!!!!!!!!!!!!!!!!!

guys if i told how much money i have made over the last 2 days o my god, im well happy, hope i don't go and lose it all now.

 

[Spcboe]

im rich!!!!!!!!!!!!!!!!!!

I share your enthusiasm. I, too, want to scream!!!:clap: congrats jayjay.

hey, where is everyone else??

 

[gilligullu]

Short DOW 12762, stop 782

Short ES 1382.25, stop 84.25

 

[Hook Shot]

Great stuff the naz100 is now in its gap so "potential" waterfall move down

 

[Hook Shot]

Now, I want to see Naz 100 to 1850................ but regardless it's tuesday so we "could" have a late rally.. not that it always happens

Dow 650 was my target so ...who knows but you gotta say Oscar got this move ...... the start anyway...

 

[Devilicus]

Well done Jay Jay, Keep racking up the points. Been a kind market to me too. Heres my last few trades captured with the AMR platform software (same platform as oanda in fact).

p.s stop on this lastest long is about 30 dow pips

 

[jayjay121]

Well done Jay Jay, Keep racking up the points. Been a kind market to me too. Heres my last few trades captured with the AMR platform software (same platform as oanda in fact).

p.s stop on this lastest long is about 30 dow pips

nice long

 

[Devilicus]

still in this long. Currently making 32 pips. Im now moving my stop to 2 ticks below the low we made an hour ago (which will be a loss of about 20pips)
Letting it run should we carry on up though.

Now...back to the football. Good luck all.

 

[Devilicus]

Closing half here for 50 pips.

 

[Devilicus]

Closing half here for 50 pips.

at potential resistance and dont want to hold a full position overnight without first studying my daily signals.