Where is the Dow & others heading in 2005?

[justyn]

HELP! Does anyone know the symbol for oil futures in Sierra Chart please? Should start something like QM-200504???

Edit - forget that , I got it QM-200504-NYMEX

 

[User]

I think I might just enter a few shorts should the market rise to the 10850 area.

 

[User]

Not much action as of yet.

Should I be entering short now. Come on touch 11,000. I just want to sell high.

If today we close below 10800 then that will possibly lead us to 10600.

 

[jonnyy40]

No news due out now?

 

[User]

Not that I know of. Just greenspan talking!

 

[counter_violent]

Not that I know of. Just greenspan talking!

Is it next year he retires ?

He might have a busy time b 4 he does

 

[lemput]

and reason for the small pullback... just got in. by the way, i know most of us spreadbet but just wondered if anyone had any good recommendations for a decent futures company.

 

[User]

Reason for pullback.......Antharax

 

[FetteredChinos]

and abdomen...

 

[jonnyy40]

I had business inventories on my yahoo callendar at 3 but where did you hear of G talking?

 

[kriesau]

and reason for the small pullback... just got in. by the way, i know most of us spreadbet but just wondered if anyone had any good recommendations for a decent futures company.

...........................................................................................................................................................................

Try Man Direct.

 

[twiggytwo]

hi User, thank's for the Commercial hedger info and chart
I had strong sell signals for the Dow last Wed 9th and a confirmation signal day on Friday 11th so I placed an order to short April contract on Sat and opened a short position at 10.00am UK time on Monday 14th and I am now holding and waiting for the next signal.
best regards
please note this is not trading advice

 

[counter_violent]

Anyone for 730 tonight ?

 

[User]

Glad you found the info to be of use for your analysis.

Counter its seems as if 10750 is going to be tested. However I do think today will be an up day.

The Dow action to me just seems as if its about to pop very very soon. When I say pop I'm not talking of 100points. I'm talking 500points.

We see though

 

[jonnyy40]

User,could you tell me your callendar provider,please?

 

[lemput]

we're testing.... i'm with you on that counter_violent. User- it will be extremely hard for dow to finish up as AIG is really dragging it down, now down almost $2!
You're right though about a move in general. something will give. even though I'm well short I think it is too close to call, but generally 10,600 or 11,000 is going to get hit sooner rather than later.

 

[Pat494]

Strange how Finspreads crashes when the action starts ??

 

[counter_violent]

Counter its seems as if 10750 is going to be tested. However I do think today will be an up day.

The Dow action to me just seems as if its about to pop very very soon. When I say pop I'm not talking of 100points. I'm talking 500points.

The evidence seems pretty solid today, a fail at 830/40, drop through 800 , failed re-test of 800 , heading for 755 and a fail of this level will lead to a test of previous rising trendline support at 735.

No up day close that i can see.

All will be revealed soon.

 

[lemput]

crude could be ready to make an entrance. last hour always the most fun.... 55.20 does it have the legs though for 55.67?

 

[roguetrader]

Agreed user, so far INDU has been held perfectly by the down trend line from 07/03/05, however rapidly rising to meet it is the long running up trend line from 04/10/02. Something will have to give, and could involve a substantial move.