Huge resistance for the DOW
Started by
Swiss Trader
, Nov 04 2008 12:38 PM
20 replies to this topic
#2
humble1
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Posted 04 November 2008 - 01:02 PM
good chart, swissie: thanks !
that 11,750 looks interesting from 8/1 and the 9/1 re-test.
11,750 ... hmmm ... wheels are grinding, smoke coming out of the ears ... 11,750 .... hmmm ...
something about 1/14/2000. could we? ms. market DOES have a memory!
Edited by humble1, 04 November 2008 - 01:03 PM.
#3
traderpaul
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Posted 04 November 2008 - 01:12 PM
Ms. MCAD said "Seen this before, good for more on the upside".....
RSI 4 setting....You got to be kidding....
Edited by traderpaul, 04 November 2008 - 01:13 PM.
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay
#4
eminimee
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I don't care who's fur is flying...
Posted 04 November 2008 - 01:24 PM
pushing the 8ema on the weekly and the 2004 lows...above the 2004 low and using it for support is bullish...or it turns down..
http://stockcharts.com/c-sc/sc?s=$INDU&p=W&yr=8&mn=0&dy=0&i=p70526968692&a=134717548&r=4176.png
http://stockcharts.com/c-sc/sc?s=$INDU&p=W&yr=8&mn=0&dy=0&i=p70526968692&a=134717548&r=4176.png
#5
traderpaul
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Posted 04 November 2008 - 01:31 PM
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay
#6
Swiss Trader
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Posted 04 November 2008 - 01:37 PM
Double bottom, test BB and 50 Sma, Plus Fibo Retracement.....
#7
traderpaul
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Posted 04 November 2008 - 01:46 PM
VIX will be a teenager.....
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay
#8
saltlake
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Posted 04 November 2008 - 01:58 PM
In the last bear market you could sell em hard everytime the vix got back to 20. Of course the vix only got to 50 on the upside last time 
Probobly a vix around 30 will make a good IT short.
Probobly a vix around 30 will make a good IT short.
#9
traderpaul
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Posted 04 November 2008 - 02:05 PM
i don't use BB....This is why.....Look at Oct 08http://stockcharts.com/c-sc/sc?s=$INDU&p=D&yr=0&mn=6&dy=0&i=p02539680984&r=3999.png
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay
#10
Swiss Trader
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Posted 04 November 2008 - 02:19 PM
Is John Mc Cain going to win the election?...
