Where is the Dow & others heading in 2005?

[roguetrader]

Naz clear of yesterdays highs but SOX DOW and SPX all caught up there

 

[kriesau]

Naz clear of yesterdays highs but SOX DOW and SPX all caught up there

Last 7 trading days the Dow has closed more than 200 pts off it's high !
Soooo - lets see what happens in the last two hours of trading today !

 

[kriesau]

Last 7 trading days the Dow has closed more than 200 pts off it's high !
Soooo - lets see what happens in the last two hours of trading today !

Bull**** - that should have said 100 pts.

 

[Slapshot]

Bull**** - that should have said 100 pts.

All the shorters out there will be very happy if that happens. Can't see it myself though.

 

[roguetrader]

Last 7 trading days the Dow has closed more than 200 pts off it's high !
Soooo - lets see what happens in the last two hours of trading today !

Bears watching but with internals holding at the highs and SPX pushing through today may change that

 

[vocalist]

1163 was old support so I guess that it would be new resistence.

 

[roguetrader]

1163 was old support so I guess that it would be new resistence.

Should be next target now, though unlikely today also underside of an old trendline there

 

[User]

The Dow is over 160 points up on the day! So am I........not bad

 

[User]

Make that 180 points up on the day........WOW

 

[roguetrader]

The Dow is over 160 points up on the day! So am I........not bad

Turned out nice again, I was nowhere at 4pm had bottled out of taking the fade, then that morphed into a flag and broke to the upside and it's been christmas ever since

 

[Slapshot]

Make that 180 points up on the day........WOW

Nice one user!

10200 approching fast

 

[trendie]

finally out for -80 at 10,186.
wow. took out y'days high.

I have absolutely no idea whats happening vis-a-vis TA, other than its weird stuff.

 

[vocalist]

Should be next target now, though unlikely today also underside of an old trendline there

The way this is going it could very well be today.

Smells of bulltrap though in my opinion!!

 

[roguetrader]

One interesting point is that despite a 45 point rally Nasdaq volume is lagging yesterday so far

 

[roguetrader]

It was Racer covering all those shorts, took the weight off it

Hope ya feelin better by the way.

 

[User]

Just went to 190 up on the day! Amazing! Anyway its too much for me. I've got a good gain! Cashed out at precisely 10200 on the Wall Street Cash......Wait for it.......


186 points profit in 1 day!!!! Ecstatic!!!!



…….What shall I do……hmmmm! Call it a day I think!

I think we will see 10200 this time around. Maybe not today though.....

Shows you how much I know!

But then I again I did post this last night:

The Dow needs some medicine aswell! 10000 was tested today. But this was the first real attempt as at the start of the week we didnt really penetrate 10,000. I think back up 10200 now. I don't think 10,000 will break that easily. It could be a bit like 10400.

What happens now.....Haven't got a clue at the moment......I need a drink.....

 

[roguetrader]

Nicely managed User

 

[LION63]

US markets tend to rally after April 15th for at least a week or so irrespective of the general market trend. For those thinking of opening short positions - TREAD CAREFULLY.

 

[User]

Nearly 200 up on the DOW. Great move....

On a technical chart perspective 10,000 stands as great support after todays moves.....

 

[User]

Yes Yes Yes.....I bought Google earliar today.....

I see the earnings are showing up as fantastic....I'm trying to find out what is happening with them in after hours trading....could anyone tell me what is happening with the shares?......

Where could I check them?