gap up wrote:(Still very tired though - so I don't know if I'll trade - Friday being Crook"s Day.)
I looked at the daily chart and I can't believe the board is not more negative - perhaps its the idea of turning up the water temp slowly the frogs don't jump out of the pot...
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Head crook POTUS speaks today, interested to see how the charts dance to that tune.
What time does he speak? Been hearing he may speak about fiscal cliff...[/quote]
President Obama will deliver a statement at 1:05 p.m. Eastern in the East Room on “the actions we need to fix our economy and reduce our deficit” as the focus of Washington shifts to avoiding the fiscal cliff.
‘the petrodollar is our currency and our problem’....Gappy
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
volume surge and resistance, so might see pullback here. I'm neutral.
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Al_Dente wrote:AAPL starts sqz up to 50ema on 5min
Just a flag until proven otherwise
Hello al )
Yeah have to bounce there otherwise it´s very bad
my yesterday´s chart but now is in the zone
btw going BE now so free trade go Benny! but looks like ABC up
Last edited by KeiZai on Fri Nov 09, 2012 11:16 am, edited 1 time in total.
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
Cobra wrote:
I don't know when we'll see a rebound on Global ES, the only thing I'm RELATIVELY SURE is the rebound NORMALLY shall fail, as the push down in the past several days was too strong.
When you say "rebound on Global ES" do you mean a rebound in the day session
or
do you mean a rebound prior to open?
Thanks
Daytrader...I just saw Kezai's link to the weekend thread...I'm so sorry to hear about the loss of your brother. My thoughts go out to you and your family...
OK, very strong start, so this rebound should have legs.
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The SPY chart here is a 6 month chart from 10/29/08.
The high was on election day. The 2nd & 3rd red candlesticks are the 2 days following Obama's election. The next candlestick is a white one, which is a Friday. We might not set a white candlestick today because SPY & the DAX are at much higher levels and the DAX did not rally today.
I tend to do futures, and I don't like to park money in stocks for real long term investments - but today I bought QCOM at the opening. Very convincing earnings report yesterday PS: check FT or WSJ for earnings report..