Where is the Dow & others heading in 2005?

[FetteredChinos]

but so far it stuck in a groove.

so am I.. this catsuit is eyewateringly tight...

yow!

 

[Racer]

Good ole Dax... a great indicator!

 

[FetteredChinos]

Good ole Dax... a great indicator!

reckon its only short term though..

i think we have seen the "bend at the end" :arrowu:

FC

 

[Racer]

Have you looked at the intraday DAX chart.. just fell off a cliff

 

[haleh]

reckon its only short term though..

i think we have seen the "bend at the end" :arrowu:

FC

i noticed you use 2 inds inyour charts bsing or what,when you tell me to bin inds.

 

[FetteredChinos]

erm only cos ive got that page bookmarked on IE.

i dont even use charts to trade, really. its all about closing prices. simple as that.......

 

[Racer]

i think we have seen the "bend at the end"

A cat with a bit of elastic on it

 

[Racer]

FTSE is not looking happy either now

 

[FetteredChinos]

i didnt say this bounce was long term!!! hence my plan to short when we hit 10,180 tomorrow.

 

[twiggytwo]

"Housing starts plunged 17.6 percent in March, marking their steepest drop in more than 14 years"

is this indicator a significant market mover?

Hi Destiny, the big drop in H/starts will help the bulls as it will point to the Feds M / Rate policy staying, so no change to bigger rate moves.
regards

 

[trendie]

are we seeing a bear-flag.
arent they supposed to happen half-way through a move ?

10,500 - 10,050 = 450.

if FC is right, and we reach around 10,200. Then, a further 450 fall would take us to ..... 9,750.

Am I curve-fitting ?

 

[Racer]

Then, a further 450 fall would take us to ..... 9,750.

That is a potential 'initial' target

 

[kriesau]

That is a potential 'initial' target

What is your subsequent target ?

 

[FetteredChinos]

i think he is aiming for Zero like Trendie

 

[Pat494]

Rumour has it that the Chinese will revalue their currency peg soon. That should send the Dow way up !!

 

[Racer]

It has the potential to go to 9000 but, it depends on the next few days really, I haven't got any completely fixed ideas because you never know what is going to happen.
I nearly closed part of my shorts today but the way it behaved didn't give me the impression it was convincing enough for me to do that. I have got a lot of profit and the temptation is to take it, but letting the profit run is often more difficult!

 

[Racer]

Incidentally I had a short on the NAS 100 from end Dec.. I didn't actually look at it much at all.. just sort of followed the NasC.. when I did look I thought, wow, that is a big % drop and I closed it.. should have not looked! LOL, cos it fell further...

 

[destiny]

hi twiggytwo,
Thanks for your reply, i thought it was good news for the bears lol. do you think the fall in housing strats indicates the end to the housing bubble?

 

[FetteredChinos]

130 has gone. at last..!!

will we get a decent follow through?

 

[Racer]

Think I will have to just walk away and leave it to get on with it... got those figures tomorrow which should be the decider