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Old 10-11-2007, 03:02 AM   #1 (permalink)
Tropo
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Houston 2
Houston ...

XJO = 6440; 6258; 6119 .....
Do not leave your home without parachute, air bags and...umbrella
Have a nice trip....
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Old 10-11-2007, 06:50 AM   #2 (permalink)
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That 6505 is an important level.
As I look now, futures are down to that right now at 49 points down.
Certainly looks pretty bad.

On a different note, isnt Forex trading fascinating to watch!! To see the AU go from near 94c down to (now 91.35) in 3 days - amazing.
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Old 10-11-2007, 10:18 AM   #3 (permalink)
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That 6505 is an important level.
As I look now, futures are down to that right now at 49 points down.
Certainly looks pretty bad.

On a different note, isnt Forex trading fascinating to watch!! To see the AU go from near 94c down to (now 91.35) in 3 days - amazing.
Perky,
FX is the most sexy market to play with....
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Old 10-11-2007, 10:38 AM   #4 (permalink)
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wow, DJIA got caned again. Now down to 13042.

Still up quite a bit for the year though.
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Old 13-11-2007, 08:24 AM   #5 (permalink)
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Should see around 6400 today on the XJO... Seems a trend change may be in the winds??

This market has been crazy since the August 'correction'... It doesn't make any sense to me.

Should be fun! (If you know what a PUT is)
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Old 13-11-2007, 08:55 AM   #6 (permalink)
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how do you figure 6400?
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Old 13-11-2007, 09:05 AM   #7 (permalink)
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Actually i am hoping for much lower (but might get hit around here)

I see large support around that level from may-Jul(resistence) and then slight hesitation in late Sep on the rally from Aug lows..
If it falls below that level i am hoping for a nice leg down. The DOW just broke the 13,000 'physc' level.

I just see interesting times
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Old 13-11-2007, 09:21 AM   #8 (permalink)
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Actually i am hoping for much lower (but might get hit around here)

I see large support around that level from may-Jul(resistence) and then slight hesitation in late Sep on the rally from Aug lows..
If it falls below that level i am hoping for a nice leg down. The DOW just broke the 13,000 'physc' level.

I just see interesting times
XJO at my level (6440)
May/may not bounce back up
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Old 13-11-2007, 12:01 PM   #9 (permalink)
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6499 - keep bouncing baby
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Old 14-11-2007, 09:41 AM   #10 (permalink)
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If it falls below that level i am hoping for a nice leg down. The DOW just broke the 13,000 'physc' level.
Looks like that 13,000 level holds again... Interesting to watch it hit that level then bounce back. On low volume though so will just wait and see.
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