| StockFetcher Forums · General Discussion · Dow futures | << 1 2 >>Post Follow-up |
| nikoschopen 2,824 posts msg #59257 - Ignore nikoschopen |
1/23/2008 2:49:45 AM
And long tail we got indeed. As you can see from the chart below, we will most likely head up for the next few days. But it won't be a smooth sailing. There will be a lot of bumps that will throw you off balance. Happy trading! |
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| moqual 38 posts msg #59261 - Ignore moqual |
1/23/2008 9:18:30 AM S&P 500 candlestick formation is a high wave which represents indecision. Also notice the close was below the open, which is bearish. DJIA candlestick is a bullish hammer, yet it's still slightly bearish with the close below the open. Still more downside to come |
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| nikoschopen 2,824 posts msg #59264 - Ignore nikoschopen |
1/23/2008 12:11:14 PM This is what I wrote in Mary's call on AAPL earnings thread: The market will swoon tomorrow on AAPL earning but, overall, you'll eventually get what you want thanks to our dear patron saint, Father Bernanke. Rest assured that you'll be well taken care of. Ironically, I'm not too bearish at this moment. The risk of being squeezed out far outweighs any chance of sudden rally or rallies leading up to next week's Fed rate cut. |
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| nikoschopen 2,824 posts msg #59275 - Ignore nikoschopen |
1/23/2008 3:28:04 PM By now, I'm sure the shorts are definitely being squeezed out. |
| StockFetcher Forums · General Discussion · Dow futures | << 1 2 >>Post Follow-up |