Where is the Dow & others heading in 2005?

[Racer]

Trend is your friend as the old saying goes till the bend at the end... can't see a bend yet

 

[vocalist]

Trend is your friend as the old saying goes till the bend at the end... can't see a bend yet

Totaly agree with you Racer.Sorry to gang up on you FC ol' chap.

 

[trendie]

speculative SHORT (!!!!) at 10,070. Profit target = 0 !!

 

[Racer]

Got some buying/short closing, but appears very feeble at the moment, correction of oversold?
Still holding shorts

 

[FetteredChinos]

going for the wipeout option Trendie

hope you bag those 10,000 points..

when you buy that island can i have a beach-hut?

 

[FetteredChinos]

50 pt rally looks a bit more than short covering?

depends what happens at this 10,100 juncture though..

reckon we might get 10,150 before wednesday? half weekly range from todays lows?

FC

 

[Racer]

hope you bag those 10,000 points..

I thought you were long?

 

[trendie]

FC,

why 10.700 ? are you 61.8% Fib-ing?

 

[FetteredChinos]

nope... monthly range + what i think might be the temporary bottom..(circa 10,000-10,050)

 

[Racer]

Look at the CAT chart and look at the Dow,

Look at the NAS chart and look at the Dow

 

[counter_violent]

9980's looking like a good bet for today :arrowd:

 

[Racer]

It is one of those bull/bear fight days!

 

[counter_violent]

It is one of those bull/bear fight days!

60 point mouth on the triangle

 

[tradesmart]

As always – price doubt and confusion is sorted out with a triangle – a 60 pointer in this case – an upside break suggests a target of the top channel line c.10150….

A downside break goes for 10k…..

Keep flippin' those coins…….

cv - echo....!......

 

[Racer]

If they touch 10040 next timethey are going for it?

 

[FetteredChinos]

broken to the downside..

looks like i'll be adding tmr at this rate

 

[counter_violent]

Nice work if u can get it ... eh T S

 

[Racer]

Wow DAX closed 110 down and FTSE250 140 down, ouch.... a slight drop that!

And here we go, c'mon dow... sell, the world is going to end.....

 

[trendie]

Wow ... sell, the world is going to end.....

yeah, but not before I get to spend my profits !!

 

[FetteredChinos]

perhaps that dip below 10,000 might occur today...

2nd order for a long in at 9970...